NEOV on Nasdaq

NeoVolta Inc.

NeoVolta Inc. is an American miscellaneous electrical machinery company based in Poway.2

Price unavailable

Last updated Oct 20, 2026.

Overview

$13.3MRevenue, fiscal 20263
-$21.5MNet income, fiscal 20263

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  • TickerNEOV on Nasdaq2
  • IndustryMiscellaneous Electrical Machinery, Equipment & Supplies2
  • HeadquartersPoway, United States2
  • Incorporated inNV4
  • Business address12195 Dearborn Place, Poway, Ca 920644
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company4
  • Legal formCorporation2
  • LEI549300KZ9T40JVOBUV742
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o CORPORATION SERVICE COMPANY, 112 NORTH CURRY STREET, 89703 Carson City, United States2
  • Registered withBusiness Center (Secretary of State), E0109972018-92

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7.6 kW inverter launched in 2024, designed for use with NeoVolta storage products or as a retrofit solution for existing solar systems.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

16.0%Gross margin3
-136.1%Operating margin3
-161.0%Net margin3
58.2%Revenue growth, 20263
-54.3%Return on equity3

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue84¢$11.2M
  • Research and development12¢$1.6M
  • Other costs4¢$582.2K

Out of $13.3M in revenue.3 The company lost money this year.

Financial statements

Revenue789103$13.3M in 2026+176% since 2021
0$5.0M$10.0M$15.0M2021: $4.8M$4.8M20212022: $4.5M$4.5M2022−7%2023: $3.5M$3.5M2023−23%2024: $2.6M$2.6M2024−23%2025: $8.4M$8.4M2025+219%2026: $13.3M$13.3M2026+58%
Gross profit789103$2.1M in 2026+230% since 2021
0$1.0M$2.0M$3.0M2021: $647.7K$647.7K20212022: $667.1K$667.1K2022+3%2023: $688.0K$688.0K2023+3%2024: $510.3K$510.3K2024−26%2025: $1.5M$1.5M2025+195%2026: $2.1M$2.1M2026+42%
Operating income789103-$18.1M in 2026+137% since 2021
-$20.0M-$15.0M-$10.0M-$5.0M02021: -$7.7M-$7.7M20212022: -$5.8M-$5.8M2022−25%2023: -$2.6M-$2.6M2023−54%2024: -$2.3M-$2.3M2024−11%2025: -$4.7M-$4.7M2025+102%2026: -$18.1M-$18.1M2026+285%
Net income789103-$21.5M in 2026+181% since 2021
-$30.0M-$20.0M-$10.0M02021: -$7.6M-$7.6M20212022: -$5.8M-$5.8M2022−24%2023: -$2.6M-$2.6M2023−55%2024: -$2.3M-$2.3M2024−13%2025: -$5.0M-$5.0M2025+119%2026: -$21.5M-$21.5M2026+326%

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2026-06-302025-06-30
Revenues from contracts with customers$13.3M$8.4M
Cost of goods sold$11.2M$6.9M
Gross profit$2.1M$1.5M
General and administrative$18.3M$6.1M
Research and development$1.6M$157.3K
Depreciation and amortization$376.8K$0
Total operating expenses$20.3M$6.2M
Loss from operations-$18.1M-$4.7M
Loss on debt exchanges-$1.3M$0
Interest expense-$667.7K-$320.4K
Nonoperating credit loss and other-$1.5M$0
Interest income$137.8K$2.0K
Total other income (expense)-$3.3M-$318.4K
Net loss-$21.5M-$5.0M
Weighted average shares outstanding - basic39.3M shares33.6M shares
Weighted average shares outstanding - diluted39.3M shares33.6M shares
Net loss per share - basic-$0.55-$0.15
Net loss per share - diluted-$0.55-$0.15

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Corporate structure

NeoVolta Inc. sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of NeoVolta Inc.

  • Infinite Grid Capital, LP Filed SCHEDULE 13G/A on NeoVolta Inc., latest Aug 14, 2026 (2 filings since Mar 20, 2026)
  • DAVIDSON KEMPNER CAPITAL MANAGEMENT LP Filed SCHEDULE 13G on NeoVolta Inc., latest Jan 29, 2026
  • NeoVolta Inc. Poway, California, United States
    • NeoVolta Energy I, LLC Subsidiary · California, United States
    • NeoVolta Power, LLC Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What NeoVolta Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$9.6M3 Jun 30, 2026$03 Jun 30, 2025
Property and equipment, before depreciation$323.8K3 Jun 30, 2026$03 Jun 30, 2025
Property and equipment, net$9.9M3 Jun 30, 2026$03 Jun 30, 2025
Operating-lease assets (leased space)$8.1M3 Jun 30, 2026$140.5K3 Jun 30, 2025+5651.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$22.2M3 Jun 30, 2026$794.8K3 Jun 30, 2025+2693.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$1.1M3 Jun 30, 2026$03 Jun 30, 2025
Accumulated amortization$333.9K3 Jun 30, 2026

Inventory

ItemLatestA year beforeChange
Inventory, total$2.1M3 Jun 30, 2026$2.1M3 Jun 30, 2025−0.2%
Raw materials$663.4K3 Jun 30, 2026$2.0M3 Jun 30, 2025−67.1%
Work in process$010 Jun 30, 2025$89.4K10 Jun 30, 2024−100.0%
Finished goods$1.5M3 Jun 30, 2026$123.7K3 Jun 30, 2025+1088.5%

Properties, in its own words

Effective February 1, 2025, we relocated our corporate and manufacturing office space to a facility in Poway, California, under a 13-month sublease agreement with the sublandlord, at a base rental of $18,638 per month. Effective October 1, 2025, we entered into an extension of our sublease agreement with the sublandlord whereby we extended the term of the sublease agreement for an additional five years and one month from the original expiration date of February 28, 2026, to the extended expiration date of March 31, 2031. Under this extension, the monthly rate will increase modestly each year of the extended term.

Effective June 1, 2026, NVP assumed the responsibility for a long-term lease on an industrial structure in Pendergrass, Georgia, that was originally leased by our joint venture partner from the landlord in December 2025, but is presently under the control and direction of NVP while a formal assignment from the landlord is underway. In accordance with the lease terms, NVP began making monthly payments at a base rental of $120,218 per month on the lease in June 2026, which are expected to continue until expiration on May 31, 2033, with an additional three-year renewal option available, which is presently uncommitted. Under this lease, the monthly rate will increase modestly each year of the term.

The rest of Item 2

We do not own any real property.

Item 2 of the 10-K filed Sep 23, 2026.6

Leadership

Who has led NeoVolta Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Brent Willson2023
  2. Henry Ardes Johnson2024–now

President

  1. Henry Ardes Johnson2024–now

Chief financial officer

  1. Steve Bond2022–2026
  2. Jing Nealis2026–now

Chief operating officer

  1. Michael Mendik2025
  2. Amany Ibrahim2025–now
2025
Board members and other officers (9)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • NeoVolta Energy I, LLC California5
  • NeoVolta Power, LLC Delaware5

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • NeoVolta, Inc.Jun 13, 2022 to Jun 13, 20224

Timeline

  1. Sep 23, 20268-K Results of operations27
  2. Sep 4, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares28
  3. May 29, 20268-K Entered a material agreement; Other events29
  4. May 14, 20268-K Results of operations; Executive or director change30
  5. Apr 21, 20268-K Entered a material agreement; Unregistered sale of shares31
  6. Mar 27, 20268-K Entered a material agreement32
  7. Feb 25, 20268-K Executive or director change33
  8. Feb 6, 20268-K Executive or director change34
  9. Feb 5, 20268-K Executive or director change35
  10. Jan 23, 20268-K Entered a material agreement; Results of operations; Regulation FD disclosure36
  11. Jan 20, 20268-K Entered a material agreement37
  12. Dec 12, 20258-K Shareholder vote38
  13. Apr 26, 2024New chief executive Henry Ardes Johnson becomes CEO13
  14. Jan 4, 2023New chief executive Brent Willson becomes CEO14
  15. Mar 5, 2018Founded NeoVolta Inc. is founded2

Filings

135 filings to the SEC since October 2021: 6 annual reports, 12 quarterly reports, 22 major events, 35 insider forms, 3 large holders, 1 private raises, 56 other. The latest 20:

  1. Oct 15, 20264 EDGAR
  2. Oct 9, 2026EFFECT EDGAR
  3. Oct 9, 2026424B3 FORM 424(B)(3) EDGAR
  4. Oct 2, 2026S-3 EDGAR
  5. Oct 2, 2026424B3 EDGAR
  6. Oct 1, 2026EFFECT EDGAR
  7. Sep 25, 2026EFFECT EDGAR
  8. Sep 23, 2026S-3 REGISTRATION STATEMENT EDGAR
  9. Sep 23, 202610-K FORM 10-K FOR JUN 2026 EDGAR
  10. Sep 23, 20268-K CURRENT REPORT EDGAR
  11. Sep 4, 20268-K EDGAR
  12. Aug 14, 2026SCHEDULE 13G/A EDGAR
  13. Aug 11, 2026S-3 EDGAR
  14. Jun 12, 20264 EDGAR
  15. Jun 2, 20264 EDGAR
  16. May 29, 20268-K CURRENT REPORT EDGAR
  17. May 28, 2026424B5 PROSPECTUS SUPPLEMENT TO PROSPECTUS DATED 6-28-24 EDGAR
  18. May 27, 2026424B5 EDGAR
  19. May 20, 20264 EDGAR
  20. May 19, 20264 EDGAR

The 135 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 3 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 11, 2026Hass John ADirectorBuy25,000$1.92$48.0KForm 4
Jun 1, 2026Bond SteveExecutive Vice PresidentBuy43,000$1.99$85.6KForm 4
May 19, 2026Bond SteveExecutive Vice PresidentBuy47,000$2.09$98.2KForm 4
Oct 8, 2025Willson Brent10% ownerSale500,000$0.01$5.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Steve BondDirector and Chief Financial Officer$153.3K$945.3K41
2025Michael MendikChief Operating Officer (from January 6, 2025 until October 1, 2025)$100.0K$881.5K41
2025Ardes JohnsonDirector and Chief Executive Officer (since April 29, 2024)$350.0K$350.0K41
2024Ardes JohnsonDirector and Chief Executive Officer (since April 29, 2024)$58.3K$2.9M41
2024Steve BondDirector and Chief Financial Officer$125.0K$125.0K41

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Oct 7, 2021Raised $1.1 million in a private offering of equity Form D: 19 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 40. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Legacy Wealth Managment, LLC/ID4,896,515$15.4M6.4%−428,509
Marshall Wace, Llp1,975,423$6.2M0.0%+1,849,432
Vanguard Capital Management LLC1,948,140$6.1M0.0%+262,219
AWM Investment Company, Inc.1,645,557$5.2M0.4%New
Alyeska Investment Group, L.P.1,550,000$4.9M0.0%New
BlackRock, Inc.518,297$1.6M0.0%+27,281
Geode Capital Management, LLC438,387$1.4M0.0%+67,169
Arosa Capital Management LP320,000$1.0M0.9%New
Renaissance Technologies LLC263,751$830.8K0.0%New
Vanguard Fiduciary Trust Co219,931$692.8K0.0%−13,684
BIP Wealth, LLC214,159$674.6K0.0%No change
UBS Group AG173,800$547.5K0.0%−65,128
Citadel Advisors LLC158,461$499.2K0.0%New
State Street Corp149,164$469.9K0.0%No change
Scientech Research LLC107,676$339.2K0.3%New
Mgo One Seven LLC88,500$278.8K0.0%New
Northern Trust Corp84,514$266.2K0.0%−29,816
Raymond James Financial Inc38,790$122.2K0.0%New
Centiva Capital, LP32,996$103.9K0.0%New
Goldman Sachs Group Inc32,381$102.0K0.0%−31,262
Keel Point, LLC32,355$101.9K0.0%New
Simplex Trading, LLC23,721$74.7K0.0%+22,949
Group One Trading LLC20,289$63.9K0.0%New
Independent Financial Group, LLC18,580$58.5K0.0%New
Mariner, LLC16,000$50.4K0.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How NeoVolta Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNeoVolta Inc.1
  • CIK0001748137
  • Employer ID (EIN)82-52992636
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company6
  • Incorporated inNevada6
  • Fiscal year endsJune 301
  • Industry code (SIC)3690 Miscellaneous Electrical Machinery, Equipment & Supplies1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address12195 Dearborn Place, Poway, CA 920641
  • Phone800-364-54641
  • Shares outstanding59,013,247 shares as of Sep 23, 20266
  • Public float$107.1M as of Dec 31, 20256
  • AuditorMaloneBailey, LLP, Houston, Texas PCAOB ID 206; no auditor attestation of internal control over financial reporting6
  • On EDGAR sinceJul 26, 20181
  • Filings163 in all: 4 (24), 8-K (21), 10-Q (12), 3 (11), UPLOAD (10), CORRESP (9), S-1/A (8), 1-U (6)1
    All 38 form types

    EFFECT (6), 10-K (5), 1-SA (4), 424B5 (4), D (4), S-3 (4), 1-A/A (3), 1-K (3), DEF 14A (3), DEFA14A (3), 424B3 (2), S-8 (2), SCHEDULE 13G (2), 1-A (1), 10-K/A (1), 253G2 (1), 424B4 (1), 8-A12B (1), 8-K/A (1), ARS (1), CERT (1), DOS (1), DOS/A (1), DRS (1), DRS/A (1), DRSLTR (1), POS AM (1), QUALIF (1), S-1 (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Sep 23, 2026
    Quarterly report (10-Q) May 15, 2026
    Proxy statement (DEF 14A) Oct 28, 2025
    Latest 8-K (8-K) Sep 23, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.001 per shareNEOVNASDAQ
Warrants, each warrant exercisable for one share of common stockNEOVWNASDAQ

From the cover page of the 10-K filed Sep 23, 2026 (Section 12(b) of the Exchange Act).6

Risk factors and legal proceedings

The risks NeoVolta Inc. names in Item 1A of its 10-K filed Sep 23, 2026: 41 risks under these headings, as written.6

  • Risks Related to our Business and Industry
  • Although we have been in business for over eight years, we have not yet established a successful and sustainable business model.
  • We have a history of net losses and we are uncertain about our future profitability.
  • The anticipated startup of our new utility-scale battery manufacturing joint venture in the State of Georgia at the end of our fiscal 2027 first quarter may be subject to significant competitive, operational, financial, regulatory, and technological risks.
  • We expect certain financial benefits as a result of federal tax incentives available to our new utility-scale battery manufacturing joint venture. If these expected financial benefits vary significantly from our assumptions, our business, financial condition, and results of operations could be adversely affected.
  • We have made a significant investment of management time and other resources in the development of a third-party ownership platform which is designed to provide a new market for our residential and commercial energy storage products. If this new platform is not successful in meeting its anticipated objectives, there can be no assurance that we will be able to achieve a satisfactory return on our underlying investments.
  • We may experience in the future, delays or other complications in the design, manufacture, launch and production ramp of our energy storage products which could harm our brand, business, prospects, financial condition and operating results.
  • We may be unable to meet our growing energy storage production plans and delivery plans, any of which could harm our business and prospects.
  • We are dependent on our two main component vendors for our supplies of battery cells, inverters and other raw materials and the inability of these single-source suppliers to deliver necessary components of our products according to our schedule and at prices, quality levels and volumes acceptable to us, or our inability to efficiently manage these components, could have a material adverse effect on our financial condition and operating results.
  • We may become subject to further tariff increases that would apply to the two main raw material components of our products which are sourced from Asian suppliers.
  • Changes in our supply chain may result in increased cost. If we are unsuccessful in our efforts to control and reduce supplier costs, our operating results will suffer.
  • We are currently selling multiple energy storage products and if these products that we sell or install fail to perform as expected, our reputation could be harmed and our ability to develop, market and sell our products and services could be harmed.
The other 30 risks
  • We depend on a small number of wholesale dealers for a significant portion of our revenues to date.
  • If we fail to scale our business operations and otherwise manage future growth and adapt to new conditions effectively as we grow our company, we may not be able to produce, market, sell and service our products successfully.
  • If we are unable to achieve our targeted manufacturing costs for our energy storage products our financial condition and operating results will suffer.
  • Increases in costs, disruption of supply or shortage of materials, in particular for inverters and lithium iron phosphate cells, could harm our business.
  • Continued high mortgage interest rates may result in a decrease in demand by homeowners for our residential energy storage systems.
  • We are currently operating in a period of economic uncertainty and capital markets disruption, which has been significantly impacted by geopolitical instability due to the ongoing military conflicts between Russia and Ukraine and between the U.S. and Iran. Our business, financial condition and results of operations may be materially and adversely affected by any negative impact on the global economy and capital markets resulting from these conflicts or any other geopolitical tensions.
  • We may become subject to product liability claims, which could harm our financial condition and liquidity if we are not able to successfully defend or insure against such claims.
  • The markets in which we operate are in their infancy and highly competitive, and we may not be successful in competing in these industries as the industry further develops. We currently face competition from new and established domestic and international competitors and expect to face competition from others in the future, including competition from companies with new technology.
  • Our products and services are subject to substantial regulations, which are evolving, and unfavorable changes or failures by us to comply with these regulations could substantially harm our business and operating results.
  • Our business and operations would suffer in the event of third-party computer system failures, cyber-attacks on third-party systems or deficiency in our cyber security.
  • We may need to assert intellectual property-related claims or defend ourselves against intellectual property infringement claims, which may be time-consuming and could cause us to incur substantial costs.
  • Our business could be negatively impacted if we fail to adequately protect our intellectual property rights.
  • Our industry is subject to technological change, and our failure to continue developing new and improved products and to bring these products rapidly to market could have an adverse impact on our business.
  • Public company compliance may make it more difficult to attract and retain officers and directors.
  • Our ability to use net operating loss carryforwards and certain other tax attributes may be limited.
  • Confidentiality agreements with employees and third parties may not prevent unauthorized disclosure of trade secrets and other proprietary information, and our inability to maintain the confidentiality of that information, due to unauthorized disclosure or use, or other event, could have a material adverse effect on our business.
  • We are heavily reliant on the services of both Ardes Johnson, our Chief Executive Officer, Jing Nealis, our Chief Financial Officer, and Steve Bond, our Executive Vice President, and the departure or loss of any officer could disrupt our business.
  • If we are unable to recruit and retain key management, technical and sales personnel, our business would be negatively affected.
  • Artificial intelligence presents risks and challenges that can impact our business, including by posing security risks to our confidential information, proprietary information and personal data.
  • Risks Related to Our Securities
  • Nevada law and provisions in our articles of incorporation and bylaws could make a takeover proposal more difficult.
  • As an “emerging growth company” under the Jumpstart Our Business Startups Act, or JOBS Act, we are permitted to, and intend to, rely on exemptions from certain disclosure requirements.
  • Our shareholders may experience dilution of their ownership interests because of the future issuance of additional shares of our common or preferred stock or other securities that are convertible into or exercisable for our common or preferred stock.
  • We do not anticipate paying dividends on our common stock, and investors may lose the entire amount of their investment.
  • The Warrants we issued in our July 2022 offering are speculative in nature, and the trading market for our Warrants are volatile, sporadic and limited.
  • Holders of the Warrants we issued in our July 2022 offering will have no rights as a common stockholder until they acquire our common stock.
  • Although our securities became listed on Nasdaq in August 2022, there can be no assurance that we will be able to comply with the continued listing standards of Nasdaq, a failure of which could result in a de-listing of our common stock.
  • The price of our common stock and Warrants may be volatile.
  • Negative research about our business published by analysts or journalists could cause our stock price to decline. A lack of regularly published research about our business could cause trading volume or our stock price to decline.
  • Claims for indemnification by our directors and officers may reduce our available funds to satisfy successful third-party claims against us and may reduce the amount of money available to us.
  • Shareholder activism could cause material disruption to our business.

Legal proceedings

We are currently not a party to any pending legal proceedings, nor is our property the subject of a pending legal proceeding, that we believe is not ordinary routine litigation incidental to our business or otherwise material to the financial condition of our business.

The opening of Item 3, Legal Proceedings.6

Sources

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