secwatch.observer — SEC 8-K summary
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Issuer:     NeoVolta Inc. (NEOV)
CIK:        0001748137
Form:       8-K
Filed at:   2026-09-23T20:15:36+00:00
Accession:  0001683168-26-007324
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NeoVolta Q4 revenue collapses to ~$13.5K; FY26 net loss widens to $21.5M
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- FY26 revenue $13.3M, +58% YoY vs $8.4M; Q4 revenue just ~$13.5K vs $4.8M a year ago
- GAAP net loss FY26 $21.5M ($0.55 loss/share) vs $5.0M ($0.15) in FY25; Q4 loss $11.7M
- Q4 loss driven by $3.9M credit loss/bad debt provision and $1.1M residential inventory obsolescence reserve
- Adjusted EBITDA $(12.8)M FY26 vs $(2.6)M FY25; Q4 $(8.0)M; measure disclosed for first time
- Cash $22.2M plus $3.2M restricted = $25.4M after May 2026 offering; SK ON 2027-2031 US cell supply deal

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748137/000168316826007324/0001683168-26-007324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748137/000168316826007324/neovolta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-007324

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