Company: NEOV
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0001683168-25-000834
Chunk: 0

Company: NeoVolta Inc.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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NEOVOLTA, INC.

Balance Sheets

(Unaudited)

    December 31, 
    June 30,

    2024 
    2024
  
    Assets

    Current assets: 

    Cash and cash equivalents 
    $328,746  
    $986,427 
  
    Accounts receivable, net 
     1,656,114  
     1,805,980 
  
    Inventory, net 
     2,033,258  
     1,787,308 
  
    Prepaid insurance and other current assets 
     –  
     76,815 
  
    Total current assets 
     4,018,118  
     4,656,530 

    Total assets 
    $4,018,118  
    $4,656,530 

    Liabilities and Stockholders’ Equity 

    Current liabilities: 

    Accounts payable 
    $38,465  
    $5,316 
  
    Accrued liabilities 
     46,116  
     55,784 
  
    Short-term notes payable 
     249,711  
     – 
  
    Total current liabilities 
     334,292  
     61,100 

    Payable to line of credit lender 
     383,538  
     – 
  
    Total liabilities 
     717,830  
     61,100 

    Commitments and contingencies (Note 4) 
     –  
     – 

    Stockholders’ equity: 

    Common stock, $0.001 par value, 100,000,000 shares authorized, 33,417,123 and 33,236,091 shares,
    respectively, issued and outstanding 
     33,417  
     33,236 
  
    Additional paid-in capital 
     25,945,040  
     25,304,732 
  
    Accumulated deficit 
     (22,678,169) 
     (20,742,538)
  
    Total stockholders’ equity 
     3,300,288  
     4,595,430 

    Total liabilities and stockholders’ equity 
    $4,018,118  
    $4,656,530 

See accompanying notes to unaudited financial statements.

 4 

NEOVOL