Company research
APPLIED ENERGETICS, INC.
CIK 879911Updated Sep 24, 2026
Name history
IONATRON, INC. · through Feb 20, 2008US HOME & GARDEN INC · through Apr 29, 2004
AERG price & chart
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OTC:AERG on TradingView ↗About the company
Applied Energetics, Inc. specializes in advanced laser and photonics systems, particularly fiber-based ultrashort pulse (USP) laser technologies. With 25 patents and 3 patents pending, Applied Energetics’ proprietary architecture enables orders of magnitude size- weight-power reductions, a key differentiator when compared with traditional continuous wave (CW) laser technology with larger footprints. AE’s powerful, dual-use systems are designed for integration and deployment on numerous potential defense platforms for the delivery of high intensity, ultrashort pulses of light to disable or destroy a target. These technologies have applications in both national security and commercial markets. Today, AE’s USP optical technologies are being designed to offer flexibility and power for complex missions in national security such as enhancing layered defense strategies to counter complex threats.
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Recent filings
10-Q filing
4 filing
Other Events
Items 8.01, 9.01
10-Q filing
Other Events
Items 8.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 9,064,658Source | 2,070,869Source | 3,541,959Source | 6,728,227Source |
| Property, Plant and Equipment, NetUSD | 1,267,037Source | 314,503Source | 434,563Source | 192,935Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 6,436,082Source | 164,812Source | — | 5,640,308Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | 335,839Source | 567,792Source | — |
| Assets, CurrentUSD | 6,969,464Source | 664,779Source | 2,035,656Source | 6,086,231Source |
| Operating Lease, Right-of-Use AssetUSD | 811,153Source | 1,074,583Source | 1,054,736Source | 432,057Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,504,888Source | 1,678,122Source | 1,921,873Source | 1,150,241Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | — | 14Source |
| Common Stock, Value, IssuedUSD | 229,583Source | 213,861Source | 211,237Source | 210,849Source |
| Additional Paid in CapitalUSD | 142,192,155Source | 120,168,124Source | 112,223,129Source | 108,830,982Source |
| Retained Earnings (Accumulated Deficit)USD | -134,861,982Source | -119,989,252Source | -110,814,294Source | -103,463,859Source |
| Stockholders' Equity Attributable to ParentUSD | 7,559,770Source | 392,747Source | 1,620,086Source | 5,577,986Source |
| Liabilities and EquityUSD | 9,064,658Source | 2,070,869Source | 3,541,959Source | 6,728,227Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 840,346Source | 732,418Source | 927,382Source | 756,532Source |
| Operating Lease, Liability, CurrentUSD | 281,162Source | 265,380Source | 166,927Source | 113,478Source |
| Accounts Payable, CurrentUSD | 220,908Source | 258,481Source | 312,958Source | 116,970Source |
| Operating Lease, Liability, NoncurrentUSD | 664,542Source | 945,704Source | 994,491Source | 393,709Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | 567,792Source | — |
| Accrued Liabilities, CurrentUSD | 242,197Source | 63,153Source | 40,510Source | 28,005Source |
| Deferred Compensation EquityUSD | — | — | — | 5,071,427Source |
| Deferred Revenue, CurrentUSD | — | — | 308,908Source | — |
| Dividends Payable, CurrentUSD | 48,079Source | 48,079Source | 48,079Source | 48,079Source |
| Dividends PayableUSD | 48,079Source | 391,057Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | — | 127,639Source | 73,519Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 5,136,473Source | 3,768,819Source | 3,493,397Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -335,839Source | -231,953Source | 214,643Source | 353,149Source |
| Increase (Decrease) in Accounts PayableUSD | -37,573Source | -54,477Source | 195,988Source | -78,412Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -9,237,951Source | -5,092,690Source | -3,450,653Source | -3,929,837Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,234,734Source | -98,847Source | -369,267Source | -74,184Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,234,734Source | 98,847Source | 369,267Source | 74,184Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 17,434Source | 82,300Source | 136,671Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 16,743,956Source | 4,036,823Source | -500,862Source | 5,981,709Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 6,436,082Source | 164,812Source | 1,319,526Source | 5,640,308Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 2,058Source | — | 5,726Source | 3,727Source |
| Additional Financial Items | ||||
| AmortizationUSD | 140,893Source | 224,625Source | — | 223,000Source |
| Share-based Payment Arrangement, ExpenseUSD | 4,852,672Source | 3,768,819Source | — | — |
| Amortization of Deferred ChargesUSD | — | — | 0Source | — |
| Dividends Payable, CurrentUSD | 48,079Source | 48,079Source | 48,079Source | 48,079Source |
| Dividends PayableUSD | 48,079Source | 391,057Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | -14,540Source |
| General and Administrative ExpenseUSD | 12,159,328Source | 9,509,860Source | 8,771,901Source | 6,129,781Source |
| Net Income (Loss) Attributable to ParentUSD | -14,872,730Source | -9,174,958Source | -7,350,435Source | -5,771,642Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -14,906,735Source | -9,208,963Source | -7,384,440Source | -5,805,647Source |
| Nonoperating Income (Expense)USD | 57,521Source | 2,156Source | 45,673Source | -2,053Source |
| Operating ExpensesUSD | 15,179,358Source | 10,123,630Source | 9,389,854Source | 6,771,671Source |
| Operating Lease, ExpenseUSD | 359,318Source | 318,350Source | 212,054Source | 148,526Source |
| Proceeds from Issuance of Common StockUSD | 9,994,250Source | 4,171,601Source | — | 6,586,193Source |
| Proceeds from Stock Options ExercisedUSD | 126,467Source | 89,499Source | 35,809Source | — |
| Stock or Unit Option Plan ExpenseUSD | — | — | 3,472,312Source | 1,250,641Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 461,727Source | 2,426,609Source | 2,631,443Source | 1,307,757Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -14,930,251Source | -9,177,114Source | -7,396,108Source | -5,769,589Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -14,872,730Source | -9,174,958Source | -7,350,435Source | -5,771,642Source |
| Net Income (Loss) Attributable to ParentUSD | -14,872,730Source | -9,174,958Source | -7,350,435Source | -5,771,642Source |
| Earnings Per Share, BasicUSD per share | -0.07Source | -0.04Source | -0.03Source | -0.03Source |
| Earnings Per Share, DilutedUSD per share | -0.07Source | -0.04Source | -0.03Source | -0.03Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 223,993,742Source | 212,891,508Source | 211,084,080Source | 208,128,246Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 223,993,742Source | 212,891,508Source | 211,084,080Source | 208,128,246Source |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | — | 1Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 282,200Source | 218,907Source | — | — |
| General and Administrative ExpenseUSD | 12,159,328Source | 9,509,860Source | 8,771,901Source | 6,129,781Source |
| Gross ProfitUSD | 249,107Source | 946,516Source | 1,993,746Source | 1,002,082Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -14,906,735Source | -9,208,963Source | -7,384,440Source | -5,805,647Source |
| Nonoperating Income (Expense)USD | 57,521Source | 2,156Source | 45,673Source | -2,053Source |
| Operating ExpensesUSD | 15,179,358Source | 10,123,630Source | 9,389,854Source | 6,771,671Source |
| Operating Lease, ExpenseUSD | 359,318Source | 318,350Source | 212,054Source | 148,526Source |
| Other IncomeUSD | — | — | — | 1,674Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 34,005Source | 34,005Source | 34,005Source | — |
| Research and Development ExpenseUSD | 1,670,004Source | 239,060Source | 233,722Source | 320,506Source |
| Selling and Marketing ExpenseUSD | 1,350,026Source | 374,710Source | 384,231Source | 321,384Source |
Filing attachments
ea029094401ex99-1.htm · 8-K · 2026-05-14
EX-99.1 2 ea029094401ex99-1.htm PRESS RELEASE, DATED MAY 14, 2026 -- APPLIED ENERGETICS LAUNCHES NEW CORPORATE WEBSITE AND BRAND IDENTITY REFLECTING THE FUTURE OF DIRECTED ENERGY DEFENSE Exhibit 99.1 Applied Energetics Launches New Corporate Website and Brand Identity Reflecting the Future of Directed Energy Defense TUCSON, Ariz. - May 14, 2026 - Applied Energetics, Inc. (OTCQB: AERG), a leader in ultrashort pulse directed energy and laser technologies, today announced the launch of its ne…
Read attachment ↗ea028817901ex99-1.htm · 8-K · 2026-04-29
EX-99.1 2 ea028817901ex99-1.htm PRESS RELEASE, DATED APRIL 23, 2026 --APPLIED ENERGETICS AWARDED FOLLOW-ON PHASE 1 CONTRACT BY THE UNIVERSITY OF ROCHESTER'S LABORATORY FOR LASER ENERGETICS FOR FURTHER ADVANCED LASER TECHNOLOGY INVESTIGATIONS Exhibit 99.1 Applied Energetics Awarded Follow-on Phase 1 Contract by the University of Rochester’s Laboratory for Laser Energetics for Further Advanced Laser Technology Investigations TUCSON, AZ / April 23, 2026 / Applied Energetics, Inc. (OTCQB:AERG)…
Read attachment ↗ea027495101ex99-1_applied.htm · 8-K · 2026-02-03
EX-99.1 2 ea027495101ex99-1_applied.htm EXECUTIVE EMPLOYMENTS AGREEMENT, DATED AS OF JANUARY 28, 2026, BY AND BETWEEN THE COMPANY AND WARREN SPECTOR Exhibit 99.1 Executive Employment Agreement This Executive Employment Agreement (the “Agreement”) is made and entered into as of January 28, 2026, by and between Warren Spector (the “Executive”), and Applied Energetics, Inc., a Delaware corporation (the “Company”) (collectively, the “Parties”). RECITALS WHEREAS, the Company is a corporation …
Read attachment ↗ea027495101ex99-2_applied.htm · 8-K · 2026-02-03
EX-99.2 3 ea027495101ex99-2_applied.htm PRESS RELEASE, DATED JANUARY 29, 2026 -- APPLIED ENERGETICS APPOINTS WARREN SPECTOR AS CHIEF FINANCIAL OFFICER Exhibit 99.2 Applied Energetics Appoints Warren Spector as Chief Financial Officer TUCSON, AZ / ACCESS Newswire / January 29, 2026 / Applied Energetics (OTCQB:AERG), a leader in advanced directed-energy and ultrashort-pulse laser technologies, today announced the appointment of Warren Spector as Chief Financial Officer, effective January 28,…
Read attachment ↗ea026087001ex99-1_applied.htm · 8-K · 2025-10-09
EX-99.1 2 ea026087001ex99-1_applied.htm PRESS RELEASE, DATED OCTOBER 9, 2025 -- APPLIED ENERGETICS ANNOUNCES COMPLETION OF $10.8 MILLION PRIVATE PLACEMENT OFFERING Exhibit 99.1 Applied Energetics Announces Completion of $10.8 Million Private Placement Offering TUCSON, AZ, October 9, 2025 / Applied Energetics, Inc. (OTCQB:AERG), a pioneer in ultrashort pulse laser (USPL) and advanced directed energy solutions, today announced that it has closed a private placement (the "Private Placement") …
Read attachment ↗ea026067601ex99-1_applied.htm · 8-K · 2025-10-08
EX-99.1 2 ea026067601ex99-1_applied.htm PRESS RELEASE, DATED OCTOBER 8, 2025 -- APPLIED ENERGETICS APPOINTS DR. DAVID SPENCE AS CHIEF PRODUCT OFFICER Exhibit 99.1 Applied Energetics Appoints Dr. David Spence as Chief Product Officer Tucson, Ariz. - October 8, 2025 - Applied Energetics, Inc. (OTCQB: AERG), a pioneer in ultrashort pulse laser (USPL) and advanced directed energy solutions, today announced the appointment of Dr. David E. (Dave) Spence as Chief Product Officer (CPO). Dr. Spenc…
Read attachment ↗