Latest revenue
$109.0K
as of 2025-09-30
Latest net income
$-4.0M
as of 2025-09-30
Net margin
-3643.8%
as of 2025-09-30
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $275.5M
- Enterprise value
- $275.5M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $2.99
- 52-wk low
- $0.96
- Beta
- —
- Shares out
- 223.9M
5-year trend
What this company does
ITEM 1. BUSINESS Cautionary Note Concerning Forward-Looking Statements Certain statements in this Form 10-K constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include all statements that do not relate solely to historical or current facts and can be identified by the use of forward-looking words such as “may,” “believe,” “will,” “expect,” “project,” “anticipate,” “estimates,” “plans,” “strategy,” “target,” “prospects” or “continue,” and words of similar meaning. These forward-looking statements are based on the current plans and expectations of our management…
AI summary unavailable — showing raw filing excerpt
Generated from AERG's filing dated 2026-03-30
Key risks
ITEM 1A. RISK FACTORS Future results of operations of Applied Energetics involve a number of known and unknown risks and uncertainties. Factors that could affect future operating results and cash flows and cause actual results to vary materially from historical results include, but are not limited to those risks set forth below: Risk Related to Our Company Our independent registered public accounting firm has expressed substantial doubt about our ability to continue as a going concern, which may hinder our ability to obtain future financing. In their report accompanying our financial statements, our independent registered public accounting firm stated that our financial statements for the…
AI summary unavailable — showing raw filing excerpt
Generated from AERG's filing dated 2026-03-30
Profitability
Gross margin
54.0%
38.3%Operating margin
-3233.6%
755.0%Net margin
-3221.1%
751.9%Return on equity
-196.7%
91.6%Return on assets
-164.1%
63.0%Leverage
Debt / equity
0.20×
95.3%Long-term debt / equity
0.07×
78.7%Debt / assets
16.6%
79.5%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | — | — | $-3.8M | -22.6% | — |
Q4 2025 2025-12-31 | $72.7K | -90.5% | $-4.0M | -88.5% | -5519.5% |
Q3 2025 2025-09-30 | $109.0K | -85.4% | $-4.0M | -67.2% | -3643.8% |
Q2 2025 2025-06-30 | $70.3K | -91.0% | $-3.8M | -83.7% | -5382.5% |
Q1 2025 2025-03-31 | $209.8K | +56.3% | $-3.1M | -18.9% | -1480.6% |
Q4 2024 2024-12-31 | $764.0K | — | $-2.1M | — | -278.5% |
Q3 2024 2024-09-30 | $747.7K | +4.9% | $-2.4M | -31.1% | -317.6% |
Q2 2024 2024-06-30 | $780.6K | +39.4% | $-2.1M | -13.3% | -264.0% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Search, Detection, Navigation, Guidance, Aeronautical Sys · SIC 3812
Your notes
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Insider activity
Insider buying
$0
Insider selling
$524.2K
Net activity
−$524.2K
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns AERG
Institutional value
$127
Total shares held
100
Distinct holders
1
+0 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Game Plan Financial Advisors, LLC | 100 | $127 | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once AERG's latest filing finishes processing.