Company: NEOV
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0001683168-25-000834
Chunk: 41

Company: NeoVolta Inc.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 8
Chunk 41
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 for reaching a total of 2,500 units sold and paid for.

 15 

ITEM 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 

Introduction

This information should be
read in conjunction with the interim unaudited financial statements and the notes thereto included in this Quarterly Report on Form 10-Q,
and the audited financial statements and notes thereto and “Part II. Other Information - Item 7. Management’s Discussion and
Analysis of Financial Condition and Results of Operations”, contained in our Annual Report on Form 10-K for the year ended June
30, 2024, filed with the Securities and Exchange Commission on September 27, 2024 (the “Annual Report”).

Certain capitalized terms
used below and otherwise defined below, have the meanings given to such terms in the footnotes to our unaudited financial statements included
above under “Part I - Financial Information” - “Item 1. Financial Statements”.

Unless the context requires
otherwise, references to the “Company,” “we,” “us,” “our,” “NEOV”,
refer specifically to NeoVolta, Inc.

In addition, unless the context
otherwise requires and for the purposes of this Report only:

·“Exchange Act” refers to the Securities Exchange Act of 1934, as amended; 

·“SEC” or the “Commission” refers to the United States Securities and Exchange Commission; and 

·“Securities Act” refers to the Securities Act of 1933, as amended. 

Overview 

We are a designer, manufacturer,
and seller of high-end Energy Storage Systems (or ESS), primarily our NeoVolta NV14, NV14-K, and NV-24, which can store and use energy
via batteries and an inverter at residential or commercial sites. We were founded to identify new ways to leverage emerging technologies
with the dynamic changes that are taking place in the energy delivery space. We primarily market and sell our products directly to our
certified solar installers and solar equipment distributors. We are also pursuing agreements with residential developers, commercial developers,
and other commercial opportunities. Because we are purely dedicated to energy solar systems, virtually all our current resources and efforts
go into further developing our flagship NV14, NV14-K, and NV-24 products, while focusing on specific industry needs for our next generation
of products. We believe we are unique in the marketplace due to our low cost, our