SequelSEC

APPLIED ENERGETICS, INC. AERG

Search, Detection, Navigation, Guidance, Aeronautical Sys · CIK 0000879911 · Fiscal year ends 1231

Revenue
$461.73K
Fiscal year ended 2025-12-31
Operating income
-$14.93M
Fiscal year ended 2025-12-31
Free cash flow
-$10.47M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$423.42MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$1.89Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue917.0×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity56.0×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Search, Detection, Navigation, Guidance, Aeronautical Sys filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
CapEx / revenue267.4%100th
FCF margin-2268.2%0th
Operating margin-3233.6%0th
Revenue YoY growth-81.0%0th
SBC / revenue1112.4%100th
Net margin-3221.1%11th
R&D / revenue361.7%86th
Current ratio8.29x78th
Gross margin54.0%67th

APPLIED ENERGETICS, INC. (AERG) reported revenue of $461.73K and net income of -$14.87M for the fiscal year ended 2025-12-31. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from APPLIED ENERGETICS, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Search, Detection, Navigation, Guidance, Aeronautical Sys.

Income

APPLIED ENERGETICS, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Revenue$461.73K
Cost of revenue$212.62K
Gross profit$249.11K
Operating income-$14.93M
Net income-$14.87M
Research & development$1.67M
Weighted-average diluted sharesUnavailable
Pretax income-$14.87M
Income tax expenseUnavailable
Diluted EPSUnavailable
Selling, general & administrative$13.51M
General & administrative$12.16M
Selling & marketing$1.35M

Balance

APPLIED ENERGETICS, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Cash & equivalents$6.44M
Total assets$9.06M
Current assets$6.97M
Total liabilities$1.50M
Current liabilities$840.35K
Total equity incl. NCI$7.56M
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivable$0
GoodwillUnavailable
Long-term debtUnavailable
Accounts payable$220.91K

Cash flow

APPLIED ENERGETICS, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Operating cash flow-$9.24M
Capital expenditures$1.23M
Investing cash flow-$1.23M
Financing cash flow$16.74M
Net change in cashUnavailable
Stock-based compensation$5.14M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$282.20K

Derived

APPLIED ENERGETICS, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Free cash flow-$10.47M
Gross margin54.0%
Operating margin-3233.6%
FCF margin-2268.2%
SBC / revenue1112.4%
Current ratio8.29x
Revenue YoY growth-81.0%
Net margin-3221.1%
R&D / revenue361.7%
CapEx / revenue267.4%
Long-term debt / equityUnavailable
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AERG in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-30View SEC filing
10-Q · Filed 2025-11-12View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.