APPLIED ENERGETICS, INC. financials
Source: EDGAR filings · Built 2026-06-19T00:24:47Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -10.47M | -5.19M | -3.82M | -4.00M | -3.42M | — |
| EBITDA | -14.65M | -8.96M | -7.27M | -5.70M | -5.48M | -5.22M |
| Working Capital | 6.13M | -67.64K | 1.11M | 5.33M | 2.29M | 1.57M |
| Net Debt | -5.44M | 1.09M | -158.11K | -4.73M | -2.06M | -1.78M |
| Gross Margin | 53.95% | 39.01% | 75.77% | 76.63% | — | 12.67% |
| Operating Margin | -3233.57% | -378.19% | -281.07% | -441.18% | — | -2978.43% |
| Net Margin | -3221.11% | -378.10% | -279.33% | -441.34% | — | -1836.34% |
| Return on Equity (ROE) | -196.74% | -2336.10% | -453.71% | -103.47% | -182.78% | -189.76% |
| Return on Assets (ROA) | -164.07% | -443.05% | -207.52% | -85.78% | -110.92% | -69.70% |
| Current Ratio | 8.29× | 0.91× | 2.20× | 8.04× | 2.62× | 1.87× |
| Debt-to-Equity | 0.13× | 3.20× | 0.72× | 0.16× | 0.54× | 0.91× |
| Cash Conversion Ratio | 0.62× | 0.56× | 0.47× | 0.68× | 0.59× | 0.05× |
| Accruals Ratio | -0.62× | -1.97× | -1.10× | -0.27× | -0.45× | -0.66× |
| SBC % of Revenue | 1112.45% | 155.31% | 132.76% | 135.82% | — | 853.13% |
| CapEx Coverage | -7.48× | -51.52× | -9.34× | -52.97× | -15.50× | — |
| Free Cash Flow Per Share | $-0.05 | $-0.02 | $-0.02 | $-0.02 | $-0.02 | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 461.73K | 2.43M | 2.63M | 1.31M | — | — |
| Cost of Goods and Services Sold | — | — | — | — | — | 153.63K |
| Cost of Revenue | 212.62K | 1.48M | 637.70K | 305.68K | — | — |
| Gross Profit | 249.11K | 946.52K | 1.99M | 1.00M | — | 22.29K |
| Research and Development Expense | 1.67M | 239.06K | 233.72K | 320.51K | 281.90K | 266.86K |
| Operating Expenses | 15.18M | 10.12M | 9.39M | 6.77M | 5.50M | 5.26M |
| Operating Income (Loss) | -14.93M | -9.18M | -7.40M | -5.77M | -5.50M | -5.24M |
| Net Income (Loss) Attributable to Parent | -14.87M | -9.17M | -7.35M | -5.77M | -5.43M | -3.23M |
| Earnings Per Share, Basic | $-0.07 | $-0.04 | $-0.03 | $-0.03 | $-0.03 | $-0.02 |
| Weighted Average Number of Shares Outstanding, Basic | 223.99M | 212.89M | 211.08M | 208.13M | 200.85M | — |
| Earnings Per Share, Diluted | $-0.07 | $-0.04 | $-0.03 | $-0.03 | $-0.03 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 223.99M | 212.89M | 211.08M | 208.13M | 200.85M | 193.51M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 6.44M | 164.81K | 1.32M | 5.64M | 3.66M | 3.32M |
| Assets, Current | 6.97M | 664.78K | 2.04M | 6.09M | 3.71M | 3.37M |
| Assets | 9.06M | 2.07M | 3.54M | 6.73M | 4.89M | 4.63M |
| Long-term Debt | — | — | — | — | — | 1.13M |
| Liabilities, Current | 840.35K | 732.42K | 927.38K | 756.53K | 1.42M | 1.80M |
| Liabilities | 1.50M | 1.68M | 1.92M | 1.15M | 1.92M | 2.93M |
| Stockholders' Equity Attributable to Parent | 7.56M | 392.75K | 1.62M | 5.58M | 2.97M | 1.70M |
| Common Stock, Shares, Outstanding | 229.58M | 213.86M | 211.24M | 210.85M | 207.56M | 190.53M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -9.24M | -5.09M | -3.45M | -3.93M | -3.21M | -160.28K |
| Payments to Acquire Property, Plant, and Equipment | 1.23M | 98.85K | 369.27K | 74.18K | 207.37K | — |
| Net Cash Provided by (Used in) Investing Activities | -1.23M | -98.85K | -369.27K | -74.18K | -207.37K | — |
| Net Cash Provided by (Used in) Financing Activities | 16.74M | 4.04M | -500.86K | 5.98M | 3.76M | 3.40M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -2.34M | -2.67M | -7.80M | -5.28M | -1.85M | -1.40M |
| EBITDA | -3.74M | -3.98M | — | — | -3.05M | -2.07M |
| Working Capital | 3.71M | 6.13M | 895.23K | 221.90K | 3.76M | -67.64K |
| Net Debt | -3.19M | -5.44M | -217.72K | 366.77K | -3.13M | 1.09M |
| Gross Margin | — | 34.20% | 50.99% | 32.48% | 69.53% | 59.07% |
| Operating Margin | — | -5598.60% | -3643.80% | -5382.46% | -1480.64% | -278.47% |
| Net Margin | — | -5519.45% | -3643.80% | -5382.45% | -1480.63% | -278.52% |
| Return on Equity (ROE) | -74.43% | -53.05% | 543.86% | -222.75% | -72.35% | -541.81% |
| Return on Assets (ROA) | -57.44% | -44.24% | -98.88% | -107.21% | -52.37% | -102.76% |
| Current Ratio | 4.96× | 8.29× | 1.97× | 1.22× | 5.91× | 0.91× |
| Debt-to-Equity | 0.17× | 0.13× | -1.53× | 0.73× | 0.27× | 3.20× |
| Cash Conversion Ratio | 0.60× | 0.65× | 1.67× | 1.09× | 0.56× | 0.64× |
| Accruals Ratio | -0.23× | -0.15× | 0.66× | 0.10× | -0.23× | -0.37× |
| SBC % of Revenue | — | 2029.94% | 3359.78% | 3063.57% | 472.84% | 119.52% |
| CapEx Coverage | -52.92× | -49.34× | -5.60× | -3.58× | -15.17× | -31.30× |
| Free Cash Flow Per Share | $-0.01 | $-0.01 | $-0.04 | $-0.03 | $-0.01 | $-0.01 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | — | 72.66K | 108.98K | 70.33K | 209.75K | 764.01K |
| Cost of Revenue | — | 47.81K | 53.41K | 47.49K | 63.91K | 312.74K |
| Gross Profit | — | 24.85K | 55.58K | 22.84K | 145.84K | 451.27K |
| Research and Development Expense | 375.04K | 554.93K | 455.85K | 336.18K | 323.05K | 50.11K |
| Operating Expenses | 3.83M | 4.09M | 4.03M | 3.81M | 3.25M | 2.58M |
| Operating Income (Loss) | -3.83M | -4.07M | -3.97M | -3.79M | -3.11M | -2.13M |
| Net Income (Loss) Attributable to Parent | -3.81M | -4.01M | -3.97M | -3.79M | -3.11M | -2.13M |
| Earnings Per Share, Basic | $-0.02 | $-0.02 | $-0.02 | $-0.02 | $-0.01 | $-0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 229.70M | 223.99M | 219.03M | 218.43M | 217.42M | 212.89M |
| Earnings Per Share, Diluted | $-0.02 | $-0.02 | $-0.02 | $-0.02 | $-0.01 | $-0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 229.70M | 223.99M | — | — | 217.42M | 212.89M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | — | 6.44M | 1.33M | — | 4.29M | 164.81K |
| Assets, Current | 4.65M | 6.97M | 1.82M | 1.22M | 4.53M | 664.78K |
| Assets | 6.63M | 9.06M | 4.02M | 3.53M | 5.93M | 2.07M |
| Liabilities, Current | 936.87K | 840.35K | 923.97K | 994.66K | 766.11K | 732.42K |
| Liabilities | 1.51M | 1.50M | 4.75M | 1.83M | 1.64M | 1.68M |
| Stockholders' Equity Attributable to Parent | 5.12M | 7.56M | -730.18K | 1.70M | 4.29M | 392.75K |
| Common Stock, Shares, Outstanding | 229.81M | 229.58M | 219.41M | 218.25M | 218.25M | 213.86M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -2.30M | -2.62M | -6.62M | -4.13M | -1.73M | -1.36M |
| Payments to Acquire Property, Plant, and Equipment | 43.39K | 53.10K | 1.18M | 1.15M | 114.12K | 43.41K |
| Net Cash Provided by (Used in) Investing Activities | -43.39K | -53.10K | -1.18M | -1.15M | -114.12K | -43.41K |
| Net Cash Provided by (Used in) Financing Activities | -32.28K | 7.78M | 8.97M | 5.98M | 5.97M | -41.33K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (AERG CIK 0000879911),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.