Company: NEOV
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001683168-25-007304
Chunk: 8

Company: NeoVolta Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 8
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 Form 10-K, quarterly reports on Form 10-Q, current reports
on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), as soon as reasonably practicable after they are electronically filed with the Securities
and Exchange Commission (SEC). The SEC maintains an internet site that contains reports, proxy and information statements and other information
regarding issuers that file electronically with the SEC at www.sec.gov. Information contained on our website does not, and shall not be
deemed to, constitute part of this Annual Report on Form 10-K. Our reference to the URL for our website is intended to be an inactive
textual reference only. 

 8 

ITEM 1A. RISK FACTORS

The
following risks and uncertainties should be carefully considered in addition to the other information included in this Report. If any
of the following conditions or other unknown conditions should occur, our business, financial condition or operating results could be
materially harmed. An investment in our securities is speculative in nature, involves a high degree of risk and should not be made by
an investor who cannot bear the economic risk of its investment for an indefinite period of time and who cannot afford the loss of its
entire investment.

Risks Related to our Business and Industry

We are a relatively new company, with our
sales having only commenced in July 2019, and we continue to have some of the risks associated with start-up ventures.

We formed our corporation
in 2018. Since formation, we have focused on research, development and certification of our first energy storage system. We began marketing,
sales, and installations via our certified installers in May 2019 (although no sales were completed in the year ended June 30, 2019).
We may never achieve commercial success with our energy storage systems. We have limited historical financial data upon which we may base
our projected revenue and operating expenses. Our relatively short operating history makes it difficult for potential investors to evaluate
our technology or prospective operations and business prospects. Accordingly, we continue to be subject to many of the risks inherent
in business development, financing, unexpected expenditures, and complications and delays that often occur in a new business. Investors
should evaluate an investment in us in light of the uncertainties encountered by developing companies in a competitive environment. There
can be no assurance that our efforts will be