Maris Tech Ltd. (MTEK) Form 6-K — Sep 2, 2026
Maris-Tech Ltd. reported H1 2026 revenue of $2,077,545, up 194% from $707,021 a year earlier, driven by higher defense-sector sales, its first prime-contractor government defense contract (~$534,000 after option exercise), and new products including Peridot Night Micro, Venus-Space, and Mars-RF-HD. Despite the top-line surge, the interim financial statements carry substantial-doubt going-concern language: cash stood at $2,363,403 at June 30, 2026, net cash used in operations more than doubled to $2,738,019, and the accumulated deficit reached $20,361,921.
Key figures
- Revenue
- 2077545
- Total Debt
- 2002195
- Revenue Yoy
- 194%
- Total Assets
- 7891024
- Cash Position
- 2363403
- Shares Outstanding
- 10559300
- Gross Profit
- 793813
- Atm Shares Sold
- 630674
- Atm Net Proceeds
- 761791
- Atm Program Size
- 3007329
- Prior Year Revenue
- 707021
- Backlog Aug31 2026
- $2.5 million
- Backlog Jun30 2026
- $2.1 million
- Financing Cash Flow
- 2574779
- Accumulated Deficit
- 20361921
- Credit Facility Size
- $4.0 million original with United Mizrahi-Tefahot Bank; renewed at $2.0 million on March 29, 2026; fully drawn
- Shareholders Equity
- 3183287
- Defense Contract Value
- $534,000 after August 2026 option exercise (initially ~$350,000; first prime contractor award)
- Net Financial Expenses
- 723347
- Share Count Increase6 M
- ~31% (8,073,591 to 10,559,300 outstanding)
- August Peridot Night Order
- 280000
- Convertible Notes Principal
- 2000000
- March Offering Gross Proceeds
- $2.0 million
- March Offering Price Per Share
- 1.24
AI analysis
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