Security
Applied Energetics, Inc Common Stock · AERG
AERGOTCCommon stockCurrentCIK 879911Updated Nov 11, 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. is a defense technology company specializing in optical fiber-based ultrashort pulse laser (USPL) weapon systems. Engineered for next-generation Counter-small unmanned aerial systems (C-sUAS) mission sets and layered air defense, the Company’s high-intensity directed-energy weapons (DEW) are designed to disable or destroy critical ISR sensors on Unmanned Aerial Systems (UAS), AI-driven drone swarms, and autonomous robotic platforms across ground, air, and orbital domains. Backed by a proprietary IP portfolio of 25 patents and two pending, the Company’s inherently scalable architecture delivers orders-of-magnitude reductions in size, weight, power, and cost (SWaP-C) compared to legacy continuous-wave (CW) systems. This dual-use technology directly supports Scaled Directed Energy (SCADE), one of the Department of War’s six critical technology areas, and positions Applied Energetics for defense prime integration, joint ventures, and commercialization. Today, the Company’s USPL technologies are being designed to offer flexibility, scale, and power, enhancing layered defense strategies to counter emerging threats. As autonomous weapons and robotic warfare increa…
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Seeking Alpha
Recent filings
10-Q filing
DEFA14A filing
DEF 14A filing
Shareholder Director Nominations · Other Events
Items 5.08, 8.01
EFFECT filing
Show 5 more recent filings
S-3/A filing
Other Events
Items 8.01, 9.01
S-8 filing
10-Q filing
4 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 4,016,026Source | 3,508,739Source | 4,069,180Source | 3,531,171Source | 4,664,411Source | 6,629,274Source | 5,929,798Source | 3,074,402Source | 9,064,658Source | 2,070,869Source | 3,541,959Source | 6,728,227Source |
| Property, Plant and Equipment, NetUSD | 1,300,594Source | 328,831Source | 1,172,355Source | 1,351,863Source | 386,077Source | 1,222,287Source | 372,470Source | 382,124Source | 1,267,037Source | 314,503Source | 434,563Source | 192,935Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,332,225Source | 1,608,241Source | 1,116,916Source | — | 2,793,973Source | — | 4,285,276Source | 1,007,840Source | 6,436,082Source | 164,812Source | — | 5,640,308Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 108,984Source | 190,443Source | 81,000Source | 0Source | 211,177Source | 0Source | 90,334Source | 316,697Source | — | 335,839Source | 567,792Source | — |
| Assets, CurrentUSD | 1,819,197Source | 2,025,823Source | 2,209,680Source | 1,216,555Source | 3,301,638Source | 4,648,512Source | 4,529,504Source | 1,667,661Source | 6,969,464Source | 664,779Source | 2,035,656Source | 6,086,231Source |
| Operating Lease, Right-of-Use AssetUSD | 879,231Source | 1,137,081Source | 670,141Source | 945,749Source | 959,692Source | 741,471Source | 1,010,820Source | 1,007,612Source | 811,153Source | 1,074,583Source | 1,054,736Source | 432,057Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 4,746,204Source | 1,907,190Source | 1,883,759Source | 1,831,658Source | 1,592,496Source | 1,513,278Source | 1,637,407Source | 3,100,924Source | 1,504,888Source | 1,678,122Source | 1,921,873Source | 1,150,241Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | — | — | — | — | — | — | — | — | — | — | — | 14Source |
| Common Stock, Value, IssuedUSD | 219,480Source | 213,761Source | 229,962Source | 218,591Source | 213,646Source | 229,809Source | 218,251Source | 211,371Source | 229,583Source | 213,861Source | 211,237Source | 210,849Source |
| Additional Paid in CapitalUSD | 129,902,152Source | 119,249,082Source | 144,903,912Source | 128,361,575Source | 118,344,878Source | 143,555,878Source | 127,169,044Source | 113,187,766Source | 142,192,155Source | 120,168,124Source | 112,223,129Source | 108,830,982Source |
| Retained Earnings (Accumulated Deficit)USD | -130,851,824Source | -117,861,308Source | -142,948,467Source | -126,880,667Source | -115,486,623Source | -138,669,705Source | -123,094,918Source | -113,425,673Source | -134,861,982Source | -119,989,252Source | -110,814,294Source | -103,463,859Source |
| Stockholders' Equity Attributable to ParentUSD | -730,178Source | 1,601,549Source | 2,185,421Source | 1,699,513Source | 3,071,915Source | 5,115,996Source | 4,292,391Source | -26,522Source | 7,559,770Source | 392,747Source | 1,620,086Source | 5,577,986Source |
| Liabilities and EquityUSD | 4,016,026Source | 3,508,739Source | 4,069,180Source | 3,531,171Source | 4,664,411Source | 6,629,274Source | 5,929,798Source | 3,074,402Source | 9,064,658Source | 2,070,869Source | 3,541,959Source | 6,728,227Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 923,972Source | 888,684Source | 1,398,328Source | 994,659Source | 698,232Source | 936,873Source | 766,108Source | 2,154,058Source | 840,346Source | 732,418Source | 927,382Source | 756,532Source |
| Operating Lease, Liability, CurrentUSD | 196,271Source | 250,021Source | 307,431Source | 251,446Source | 191,526Source | 294,894Source | 281,077Source | 179,023Source | 281,162Source | 265,380Source | 166,927Source | 113,478Source |
| Accounts Payable, CurrentUSD | 274,140Source | 351,350Source | 539,961Source | 383,050Source | 221,368Source | 256,801Source | 293,633Source | 249,610Source | 220,908Source | 258,481Source | 312,958Source | 116,970Source |
| Operating Lease, Liability, NoncurrentUSD | 822,235Source | 1,018,506Source | 485,431Source | 836,999Source | 894,264Source | 576,405Source | 871,299Source | 946,866Source | 664,542Source | 945,704Source | 994,491Source | 393,709Source |
| Additional Financial Items | ||||||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | 190,433Source | — | — | 211,177Source | — | — | 316,697Source | — | — | 567,792Source | — |
| Accrued Liabilities, CurrentUSD | 259,482Source | 74,365Source | 200,303Source | 118,084Source | 45,282Source | 337,099Source | 93,319Source | 77,117Source | 242,197Source | 63,153Source | 40,510Source | 28,005Source |
| Deferred Compensation EquityUSD | — | — | — | — | — | — | — | 5,000,000Source | — | — | — | 5,071,427Source |
| Deferred Revenue, CurrentUSD | — | — | 100,000Source | — | — | — | — | 139,326Source | — | — | 308,908Source | — |
| Dividends Payable, CurrentUSD | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source |
| Dividends PayableUSD | 48,079Source | — | 48,079Source | 48,079Source | — | 48,079Source | 48,079Source | — | 48,079Source | 391,057Source | — | — |
| Prepaid Expense and Other Assets, Current | — | — | — | — | —Source | — | — | — | — | — | — | — |
| Long-term Debt | — | — | — | — | — | — | — | —Source | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | 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 | — | — | — | — | — | — | 88,143Source | 56,151Source | 282,200Source | 218,907Source | 127,639Source | 73,519Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 1,348,232Source | 991,793Source | 5,136,473Source | 3,768,819Source | 3,493,397Source | — |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | — | -245,505Source | -335,839Source | -231,953Source | 214,643Source | 353,149Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | 35,893Source | 35,152Source | -37,573Source | -54,477Source | 195,988Source | -78,412Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -2,296,313Source | -1,731,610Source | -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 | — | — | — | — | — | — | -43,393Source | -114,118Source | -1,234,734Source | -98,847Source | -369,267Source | -74,184Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 43,393Source | 114,118Source | 1,234,734Source | 98,847Source | 369,267Source | 74,184Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 4,663Source | 2,733Source | 17,434Source | 82,300Source | 136,671Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -32,283Source | 5,966,193Source | 16,743,956Source | 4,036,823Source | -500,862Source | 5,981,709Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 1,332,225Source | 1,608,241Source | 1,191,916Source | 865,679Source | 4,064,093Source | 4,285,276Source | 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 | — | — | — | — | — | — | 51,250Source | 38,393Source | 140,893Source | 224,625Source | — | 223,000Source |
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | 1,348,232Source | 0Source | 4,852,672Source | 3,768,819Source | — | — |
| Amortization of Deferred ChargesUSD | — | — | — | — | — | — | — | — | — | — | 0Source | — |
| Dividends Payable, CurrentUSD | — | — | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source |
| Dividends PayableUSD | — | — | 48,079Source | — | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 48,079Source | 391,057Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | — | — | — | -14,540Source |
| General and Administrative ExpenseUSD | — | — | 3,374,558Source | 2,457,321Source | 3,417,507Source | 2,823,159Source | 3,282,788Source | 2,609,688Source | 12,159,328Source | 9,509,860Source | 8,771,901Source | 6,129,781Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -3,971,157Source | -2,374,685Source | -4,278,762Source | -3,785,749Source | -3,807,723Source | -3,105,666Source | -14,872,730Source | -9,174,958Source | -7,350,435Source | -5,771,642Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -3,979,658Source | -2,383,186Source | -4,287,263Source | -3,794,250Source | -3,816,224Source | -3,114,167Source | -14,906,735Source | -9,208,963Source | -7,384,440Source | -5,805,647Source |
| Nonoperating Income (Expense)USD | — | — | 2Source | 267Source | 20,879Source | 3Source | 22,385Source | 14Source | 57,521Source | 2,156Source | 45,673Source | -2,053Source |
| Operating ExpensesUSD | — | — | 4,026,734Source | 2,613,963Source | 4,340,071Source | 3,808,597Source | 3,830,108Source | 3,251,519Source | 15,179,358Source | 10,123,630Source | 9,389,854Source | 6,771,671Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | 164,133Source | 89,830Source | 359,318Source | 318,350Source | 212,054Source | 148,526Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | 6,004,250Source | 9,994,250Source | 4,171,601Source | — | 6,586,193Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 20,380Source | 12,000Source | 126,467Source | 89,499Source | 35,809Source | — |
| Stock or Unit Option Plan ExpenseUSD | — | — | — | — | — | — | — | 455,679Source | — | — | 3,472,312Source | 1,250,641Source |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | —Source | — | — | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 108,984Source | 747,720Source | 62,000Source | 70,335Source | — | 209,753Source | 461,727Source | 2,426,609Source | 2,631,443Source | 1,307,757Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | — | —Source | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | — | — | -3,971,159Source | -2,374,952Source | -4,299,641Source | -3,785,752Source | -3,830,108Source | -3,105,680Source | -14,930,251Source | -9,177,114Source | -7,396,108Source | -5,769,589Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -3,971,157Source | -2,374,685Source | -4,278,762Source | -3,785,749Source | -3,807,723Source | -3,105,666Source | -14,872,730Source | -9,174,958Source | -7,350,435Source | -5,771,642Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -3,971,157Source | -2,374,685Source | -4,278,762Source | -3,785,749Source | -3,807,723Source | -3,105,666Source | -14,872,730Source | -9,174,958Source | -7,350,435Source | -5,771,642Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.02Source | -0.01Source | -0.02Source | -0.02Source | -0.02Source | -0.01Source | -0.07Source | -0.04Source | -0.03Source | -0.03Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.02Source | -0.01Source | -0.02Source | -0.02Source | -0.02Source | -0.01Source | -0.07Source | -0.04Source | -0.03Source | -0.03Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 219,030,041Source | 213,753,429Source | 229,899,679Source | 222,134,024Source | 229,696,301Source | 217,422,627Source | 223,993,742Source | 212,891,508Source | 211,084,080Source | 208,128,246Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | 213,753,429Source | 229,899,679Source | 222,134,024Source | 229,696,301Source | 217,422,627Source | 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 | — | — | — | — | — | — | 88,143Source | 56,151Source | 282,200Source | 218,907Source | — | — |
| General and Administrative ExpenseUSD | — | — | 3,374,558Source | 2,457,321Source | 3,417,507Source | 2,823,159Source | 3,282,788Source | 2,609,688Source | 12,159,328Source | 9,509,860Source | 8,771,901Source | 6,129,781Source |
| Gross ProfitUSD | — | — | 55,575Source | 239,011Source | 40,430Source | 22,845Source | — | 145,839Source | 249,107Source | 946,516Source | 1,993,746Source | 1,002,082Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -3,979,658Source | -2,383,186Source | -4,287,263Source | -3,794,250Source | -3,816,224Source | -3,114,167Source | -14,906,735Source | -9,208,963Source | -7,384,440Source | -5,805,647Source |
| Nonoperating Income (Expense)USD | — | — | 2Source | 267Source | 20,879Source | 3Source | 22,385Source | 14Source | 57,521Source | 2,156Source | 45,673Source | -2,053Source |
| Operating ExpensesUSD | — | — | 4,026,734Source | 2,613,963Source | 4,340,071Source | 3,808,597Source | 3,830,108Source | 3,251,519Source | 15,179,358Source | 10,123,630Source | 9,389,854Source | 6,771,671Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | 164,133Source | 89,830Source | 359,318Source | 318,350Source | 212,054Source | 148,526Source |
| Other IncomeUSD | — | — | — | — | — | — | — | — | — | — | — | 1,674Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | 8,501Source | 8,501Source | 8,501Source | 8,501Source | 8,501Source | 8,501Source | 34,005Source | 34,005Source | 34,005Source | — |
| Research and Development ExpenseUSD | — | — | 455,850Source | 70,244Source | 699,234Source | 336,178Source | 375,041Source | 323,047Source | 1,670,004Source | 239,060Source | 233,722Source | 320,506Source |
| Selling and Marketing ExpenseUSD | — | — | 196,326Source | 86,398Source | 223,330Source | 649,260Source | 172,279Source | 318,784Source | 1,350,026Source | 374,710Source | 384,231Source | 321,384Source |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | —Source | — | — | — | — | — | — | — | — |
Offerings
Registration 333-291635
Filing attachments
ea030818701ex99-1.htm · 8-K · 2026-10-09
Exhibit 99.1 Applied Energetics Next-Generation Laser Architecture Delivers Enhanced Power and Dramatic Beam Quality Improvements, Advancing Longer-Range Counter-Drone Capabilities and Paving the Way for Backpackable Directed Energy Systems Major Performance Improvements Unlock New Levels of Power, Precision and Portability TUCSON, AZ / ACCESS Newswire / October 8, 2026 / Applied Energetics, Inc. (OTCQB: AERG), a leader in ultrashort-pulse laser and directed energy technologies, today announc…
Read attachment ↗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
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 that specializes in the development and manufacturing of innovative directed energy solutions, ultra-short pulse lasers, and related technologies for the…
Read attachment ↗ea027495101ex99-2_applied.htm · 8-K · 2026-02-03
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, 2026. Mr. Spector has served as Vice President of Finance since June 23, 2025, during which time he has led key initiatives to strengthen financial contr…
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 ↗