APPLIED ENERGETICS, INC. (AERG) Form 10-Q — Aug 13, 2026
Applied Energetics filed its Q2 2026 10-Q with explicit substantial doubt about its ability to continue as a going concern, after cash fell to $1,116,916 from $6,436,082 at year-end 2025 and the six-month net loss widened 17.34% to $8,086,485. Revenue collapsed 77.86% to $62,000 for the six months ended June 30, 2026 because two active government contracts were defunded and work suspended; a single customer accounted for 100% of Q2 revenue, and the University of Rochester Phase 1 follow-on (over $240,000) is now the main active program.
Key figures
- Revenue
- 62000
- Total Debt
- 202554
- Revenue Yoy
- -77.86%
- Total Assets
- 4069180
- Cash Position
- 1116916
- Shares Outstanding
- 230105003
- Q2 Net Loss
- -4278762
- Q2 Revenue
- 62000
- Q2 Revenue Yoy
- -11.85%
- Working Capital
- 811352
- Icfr Not Effective
- Yes
- Stock Based Comp Six Months
- 2682337
- Preferred Dividend Arrearages
- 447638
- Going Concern Substantial Doubt
- Yes
- Antidilutive Securities Excluded
- 38541176
- Single Customer Share Of Q2 Revenue
- 100%
- Subsequent Equity Proceeds Received Unclosed
- 2000000
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