NeoVolta Inc. (NEOV) Form 10-K — Sep 23, 2026

$NEOVForm 10-KFiled Sep 23, 2026, 4:42 PM ET0001683168-26-007333Original filing

NeoVolta's fiscal 2026 revenue rose 58% to $13.3 million, but its net loss widened to $21.5 million from $5.0 million, driven by surging G&A, a $2.6 million credit-loss provision, and a $1.1 million inventory obsolescence reserve as demand for legacy residential products declined after federal tax law changes.

Key figures

Revenue: 13332953
Revenue Yoy: 58.2%
Total Assets: 53637947
Cash Position: 25351975
Shares Outstanding: 59013247
Prior Year Revenue: 8426835
Gross Margin FY2026: 16%
Jv Ownership Percent: 80
Debt Facility Maturity: no later than March 3, 2028
Net Cash Used In Operations: 15191570
Total Stockholders Equity: 39567340
Debt Facility Interest Rate: 10% per annum
Expected Credit Loss Allowance: 2961000
Inventory Obsolescence Reserve: 1119013
New Debt Facility Initial Tranche: $20 million
New Debt Facility Optional Tranche: $10 million
May2026 Public Offering Net Proceeds: 26326721
Jv Funding Commitment Through June2027: $40 million (of which $15 million contributed)

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