Applied Energetics Inc (AERGP) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
9070 S. RITA ROAD TUCSON, AZ 85747 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3812 - Search, Detection, Navigation, Guidance, Aeronautical, and Nautical Systems and Instruments (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 165 | 816 | 5,640 | 3,663 | 3,323 | 88 | |||
| Cash and cash equivalent | 165 | 816 | 5,640 | 3,663 | 3,323 | 88 | |||
| Receivables | 336 | 568 | |||||||
| Other current assets | 164 | 148 | 93 | 43 | 39 | 53 | |||
| Other undisclosed current assets | 504 | 353 | 3 | 3 | |||||
| Total current assets: | 665 | 2,036 | 6,086 | 3,706 | 3,366 | 144 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,075 | 1,055 | 432 | 545 | |||||
| Property, plant and equipment | 315 | 435 | 193 | 207 | 19 | 37 | |||
| Long-term investments and receivables | 582 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 582 | ||||||||
| Deferred costs | 417 | 1,250 | 2,083 | ||||||
| Other undisclosed noncurrent assets | 17 | 17 | 17 | 17 | |||||
| Total noncurrent assets: | 1,406 | 1,506 | 642 | 1,185 | 1,269 | 2,702 | |||
| TOTAL ASSETS: | 2,071 | 3,542 | 6,728 | 4,891 | 4,635 | 2,846 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 322 | 353 | 145 | 265 | 201 | 545 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 48 | 48 | 48 | ||
| Accounts payable | 258 | 313 | 117 | 195 | 152 | 473 | |||
| Accrued liabilities | 63 | 41 | 28 | 22 | 1 | 24 | |||
| Deferred revenue | 309 | ||||||||
| Debt | 47 | 100 | 3,468 | ||||||
| Due to related parties | ✕ | ✕ | ✕ | 50 | 50 | 50 | 50 | ||
| Other undisclosed current liabilities | 363 | 265 | 462 | 1,100 | 1,548 | 206 | |||
| Total current liabilities: | 732 | 927 | 757 | 1,416 | 1,799 | 4,268 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 507 | 1,133 | 1,500 | ||||||
| Long-term debt, excluding current maturities | 1,133 | 1,500 | |||||||
| Liabilities, other than long-term debt | 946 | 994 | 394 | ||||||
| Operating lease, liability | 946 | 994 | 394 | 507 | |||||
| Other undisclosed noncurrent liabilities | (507) | ||||||||
| Total noncurrent liabilities: | 946 | 994 | 394 | 507 | 1,133 | 1,500 | |||
| Total liabilities: | 1,678 | 1,922 | 1,150 | 1,923 | 2,933 | 5,768 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 393 | 1,620 | 5,578 | 2,968 | 1,702 | (2,922) | |||
| Preferred stock | 0 | 0 | 0 | 0 | |||||
| Common stock | 214 | 211 | 211 | 208 | 191 | 207 | |||
| Additional paid in capital | 120,168 | 112,223 | 108,831 | 100,453 | 93,779 | 85,908 | |||
| Deferred compensation equity | (5,071) | ||||||||
| Accumulated deficit | (119,989) | (110,814) | (103,464) | (97,692) | (92,267) | (89,036) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 5,071 | ||||||
| Total equity: | 393 | 1,620 | 5,578 | 2,968 | 1,702 | (2,922) | |||
| TOTAL LIABILITIES AND EQUITY: | 2,071 | 3,542 | 6,728 | 4,891 | 4,635 | 2,846 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,427 | 2,631 | 1,308 | 81 | 176 | 19 | ||
| Other income | 2 | 81 | 16 | 19 | ||||
| Cost of revenue | (1,480) | (638) | (306) | (154) | ||||
| Cost of product and service sold | (154) | |||||||
| Gross profit: | 947 | 1,994 | 1,002 | 81 | 22 | 19 | ||
| Operating expenses | (10,124) | (9,390) | (6,772) | (5,502) | (5,262) | (5,172) | ||
| Other undisclosed operating loss | (81) | (19) | ||||||
| Operating loss: | (9,177) | (7,396) | (5,770) | (5,502) | (5,240) | (5,172) | ||
| Nonoperating income (expense) | 2 | 46 | (2) | 77 | (385) | |||
| Other nonoperating income (expense) | 2 | 46 | ||||||
| Interest and debt expense | (4) | (1) | (211) | (397) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (9,175) | (7,350) | (5,775) | (5,427) | (5,451) | (5,953) | ||
| Other undisclosed income from continuing operations before income taxes | 4 | 1 | 2,220 | 397 | ||||
| Loss from continuing operations: | (9,175) | (7,350) | (5,772) | (5,425) | (3,230) | (5,556) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (5,425) | (3,230) | (5,556) | |
| Net loss attributable to parent: | (9,175) | (7,350) | (5,772) | (5,425) | (3,230) | (5,556) | ||
| Preferred stock dividends and other adjustments | (34) | (34) | ||||||
| Other undisclosed net loss available to common stockholders, basic | (34) | (34) | (34) | (34) | ||||
| Net loss available to common stockholders, diluted: | (9,209) | (7,384) | (5,806) | (5,459) | (3,264) | (5,590) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (9,175) | (7,350) | (5,772) | (5,425) | (3,230) | (5,556) | ||
| Comprehensive loss, net of tax, attributable to parent: | (9,175) | (7,350) | (5,772) | (5,425) | (3,230) | (5,556) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.