Company: NEOV
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001683168-25-007304
Chunk: 152

Company: NeoVolta Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1A
Chunk 152
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     2,983,841  
     1,805,980 
  
    Inventory, net 
     2,137,912  
     1,787,308 
  
    Prepaid expenses and other current assets (including prepaid
    inventory in amount of $535,938 and
    -0-  as of June 30, 2025 and 2024, respectively) 
     748,044  
     76,815 
  
    Total current assets 
     6,664,633  
     4,656,530 

    Other asset: 

    Lease right-of-use asset, net 
     140,540  
     – 

    Total assets 
    $6,805,173  
    $4,656,530 

    Liabilities and Stockholders' Equity 

    Current liabilities: 

    Accounts payable 
    $689,216  
    $5,316 
  
    Accrued liabilities 
     78,934  
     55,784 
  
    Lease liability 
     140,540  
     – 
  
    Short-term notes payable 
     2,603,223  
     – 
  
    Total current liabilities 
     3,511,913  
     61,100 

    Payable to line of credit lender 
     383,538  
     – 
  
    Total liabilities 
     3,895,451  
     61,100 

    Commitments and contingencies (Note 5) 
     –  
     – 

    Stockholders' equity: 

    Common stock, $0.001 par value, 100,000,000 shares authorized,34,124,873 shares and 33,236,091 shares issued and outstanding, respectively 
     34,125  
     33,236 
  
    Additional paid-in capital 
     28,652,731  
     25,304,732 
  
    Accumulated deficit 
     (25,777,134) 
     (20,742,538)
  
    Total stockholders' equity 
     2,909,722  
     4,595,430 

    Total liabilities and stockholders' equity 
    $6,805,173  
    $4,656,530 

See Accom