AERG
Applied Energetics, Inc.
Price Chart
Latest Quote
$1.43
Current Price| Previous Close | $1.44 |
| Open | $1.44 |
| Day High | $1.45 |
| Day Low | $1.42 |
| Volume | 12,858 |
Stock Information
| Shares Outstanding | 223.61M |
| Total Debt | $1.11M |
| Cash Equivalents | $1.33M |
| Revenue | $1.15M |
| Net Income | $-13.02M |
| Sector | Technology |
| Industry | Scientific & Technical Instruments |
| Market Cap | $319.76M |
| EPS (TTM) | $-0.06 |
| Exchange | OQB |
đ Custom Metrics & Score
Score: 4/42| Debt to Equity | 3.20 |
| Debt to Earnings | 1.33 |
| Current Ratio | 0.91 |
| Quick Ratio | 0.68 |
| Profit Margin | -378.10% |
| Return on Equity | -2336.10% |
| Avg FCF Growth | 12.94% |
| FCF Yield | -1.62% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $1.43 | 12,858 |
| 2026-01-30 | $1.43 | 39,000 |
| 2026-01-29 | $1.49 | 105,000 |
| 2026-01-28 | $1.45 | 311,700 |
| 2026-01-27 | $1.60 | 139,700 |
| 2026-01-26 | $1.55 | 141,700 |
| 2026-01-23 | $1.70 | 140,100 |
| 2026-01-22 | $1.79 | 55,400 |
| 2026-01-21 | $1.80 | 129,000 |
| 2026-01-20 | $1.75 | 203,600 |
| 2026-01-16 | $1.87 | 70,800 |
| 2026-01-15 | $1.85 | 151,600 |
| 2026-01-14 | $1.81 | 78,400 |
| 2026-01-13 | $1.82 | 139,100 |
| 2026-01-12 | $1.88 | 46,100 |
| 2026-01-09 | $1.83 | 95,300 |
| 2026-01-08 | $1.82 | 92,700 |
| 2026-01-07 | $1.85 | 72,700 |
| 2026-01-06 | $1.77 | 56,700 |
| 2026-01-05 | $1.80 | 176,900 |
About Applied Energetics, Inc.
Applied Energetics, Inc. develops, manufactures, and sells advanced high-performance lasers and optical systems, and integrated guided energy systems to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights, such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems. The company was founded in 1990 and is headquartered in Tucson, Arizona.
đ° Latest News
Three Surprising Stocks Have Outpaced All Aerospace Peers This Year
Investor's Business Daily âĸ 2025-12-10T14:53:19Z
Applied Energetics Stock Falls as Q3 Revenues Drop and Losses Widen
Zacks âĸ 2025-11-18T13:21:00Z
Applied Energetics Stock Slides as Q2 Loss Widens Y/Y on Revenue Drop
Zacks âĸ 2025-08-19T15:26:00Z
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $1,480,093 | $637,697 | $305,675 | $0 |
| Cost Of Revenue | $1,480,093 | $637,697 | $305,675 | $0 |
| Total Revenue | $2,426,609 | $2,631,443 | $1,307,757 | $0 |
| Operating Revenue | $2,426,609 | $2,631,443 | $1,307,757 | $0 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Expenses | $11,603,723 | $10,027,551 | $7,077,346 | $5,502,327 |
| Other Income Expense | $2,156 | $45,673 | $1,674 | $81,218 |
| Other Non Operating Income Expenses | $2,156 | $45,673 | $1,674 | $81,218 |
| Operating Expense | $10,123,630 | $9,389,854 | $6,771,671 | $5,502,327 |
| Selling And Marketing Expense | $374,710 | $384,231 | $321,384 | $317,350 |
| General And Administrative Expense | $9,509,860 | $8,771,901 | $6,129,781 | $4,903,081 |
| Interest Expense | - | $0 | $3,727 | $4,344 |
| Net Non Operating Interest Income Expense | - | $0 | $-3,727 | $-4,344 |
| Interest Expense Non Operating | - | $0 | $3,727 | $4,344 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-9,174,958 | $-7,350,435 | $-5,771,642 | $-5,425,453 |
| Normalized Income | $-9,174,958 | $-7,350,435 | $-5,771,642 | $-5,425,453 |
| Net Income From Continuing And Discontinued Operation | $-9,174,958 | $-7,350,435 | $-5,771,642 | $-5,425,453 |
| Total Operating Income As Reported | $-9,177,114 | $-7,396,108 | $-5,769,589 | $-5,502,327 |
| Net Income Common Stockholders | $-9,208,963 | $-7,384,440 | $-5,805,647 | $-5,459,458 |
| Net Income | $-9,174,958 | $-7,350,435 | $-5,771,642 | $-5,425,453 |
| Net Income Including Noncontrolling Interests | $-9,174,958 | $-7,350,435 | $-5,771,642 | $-5,425,453 |
| Net Income Continuous Operations | $-9,174,958 | $-7,350,435 | $-5,771,642 | $-5,425,453 |
| Pretax Income | $-9,174,958 | $-7,350,435 | $-5,771,642 | $-5,425,453 |
| Operating Income | $-9,177,114 | $-7,396,108 | $-5,769,589 | $-5,502,327 |
| Gross Profit | $946,516 | $1,993,746 | $1,002,082 | $0 |
| Net Interest Income | - | $0 | $-3,727 | $-4,344 |
| Special Income Charges | - | - | - | $0 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $-0.04 | $-0.03 | $-0.03 | $-0.03 |
| Basic EPS | $-0.04 | $-0.03 | $-0.03 | $-0.03 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-8,743,517 | $-7,124,867 | $-5,581,783 | $-5,401,085 |
| Reconciled Depreciation | $433,597 | $271,241 | $186,132 | $20,024 |
| EBITDA (Bullshit earnings) | $-8,743,517 | $-7,124,867 | $-5,581,783 | $-5,401,085 |
| EBIT | $-9,177,114 | $-7,396,108 | $-5,767,915 | $-5,421,109 |
| Diluted Average Shares | $212,891,508 | $211,084,080 | $208,128,246 | $200,854,103 |
| Basic Average Shares | $212,891,508 | $211,084,080 | $208,128,246 | $200,854,103 |
| Diluted NI Availto Com Stockholders | $-9,208,963 | $-7,384,440 | $-5,805,647 | $-5,459,458 |
| Preferred Stock Dividends | $34,005 | $34,005 | $34,005 | $34,005 |
| Tax Provision | $0 | $0 | $0 | $0 |
| Research And Development | $239,060 | $233,722 | $320,506 | $281,896 |
| Selling General And Administration | $9,884,570 | $9,156,132 | $6,451,165 | $5,220,431 |
| Other Gand A | $9,509,860 | $8,771,901 | $6,129,781 | $4,903,081 |
| Total Unusual Items | - | - | - | $0 |
| Total Unusual Items Excluding Goodwill | - | - | - | $0 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $392,747 | $1,620,086 | $5,577,986 | $2,968,221 |
| Total Assets | $2,070,869 | $3,541,959 | $6,728,227 | $4,891,156 |
| Total Non Current Assets | $1,406,090 | $1,506,303 | $641,996 | $1,185,150 |
| Non Current Prepaid Assets | $17,004 | $17,004 | $17,004 | $17,004 |
| Current Assets | $664,779 | $2,035,656 | $6,086,231 | $3,706,006 |
| Other Current Assets | $164,128 | $148,338 | $92,774 | $43,391 |
| Receivables | $335,839 | $567,792 | $353,149 | $0 |
| Accounts Receivable | $335,839 | $153,029 | $353,149 | $0 |
| Cash Cash Equivalents And Short Term Investments | $164,812 | $1,319,526 | $5,640,308 | $3,662,615 |
| Cash And Cash Equivalents | $164,812 | $1,319,526 | $5,640,308 | $3,662,615 |
| Other Receivables | - | $414,763 | - | - |
| Non Current Deferred Assets | - | - | $0 | $416,666 |
| Cash Financial | - | - | $5,640,308 | - |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Debt | $1,258,409 | $1,161,418 | $907,187 | $1,607,604 |
| Long Term Debt And Capital Lease Obligation | $945,704 | $994,491 | $393,709 | $507,188 |
| Current Debt And Capital Lease Obligation | $312,705 | $166,927 | $513,478 | $1,100,416 |
| Current Debt | $47,325 | - | $400,000 | $1,024,189 |
| Other Current Borrowings | - | - | - | $1,024,189 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $1,678,122 | $1,921,873 | $1,150,241 | $1,922,935 |
| Total Non Current Liabilities Net Minority Interest | $945,704 | $994,491 | $393,709 | $507,188 |
| Current Liabilities | $732,418 | $927,382 | $756,532 | $1,415,747 |
| Current Deferred Liabilities | $0 | $308,908 | $0 | - |
| Current Notes Payable | $47,325 | $0 | $400,000 | $1,024,189 |
| Payables And Accrued Expenses | $419,713 | $451,547 | $243,054 | $315,330 |
| Payables | $356,560 | $411,037 | $215,049 | $293,460 |
| Dividends Payable | $48,079 | $48,079 | $48,079 | $48,079 |
| Accounts Payable | $258,481 | $312,958 | $116,970 | $195,381 |
| Other Current Liabilities | - | - | - | $1 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $392,733 | $1,620,072 | $5,577,972 | $2,968,207 |
| Preferred Stock Equity | $14 | $14 | $14 | $14 |
| Total Equity Gross Minority Interest | $392,747 | $1,620,086 | $5,577,986 | $2,968,221 |
| Stockholders Equity | $392,747 | $1,620,086 | $5,577,986 | $2,968,221 |
| Retained Earnings | $-119,989,252 | $-110,814,294 | $-103,463,859 | $-97,692,217 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Preferred Shares Number | $13,602 | $13,602 | $13,602 | $13,602 |
| Ordinary Shares Number | $213,860,508 | $211,236,688 | $210,848,671 | $207,562,461 |
| Share Issued | $213,860,508 | $211,236,688 | $210,848,671 | $207,562,461 |
| Tangible Book Value | $392,733 | $1,620,072 | $5,577,972 | $2,968,207 |
| Invested Capital | $440,058 | $1,620,072 | $5,977,972 | $3,992,396 |
| Working Capital | $-67,639 | $1,108,274 | $5,329,699 | $2,290,259 |
| Capital Lease Obligations | $1,211,084 | $1,161,418 | $507,187 | $583,415 |
| Total Capitalization | $392,747 | $1,620,086 | $5,577,986 | $2,968,221 |
| Additional Paid In Capital | $120,168,124 | $112,223,129 | $108,830,982 | $100,452,862 |
| Capital Stock | $213,875 | $211,251 | $210,863 | $207,576 |
| Common Stock | $213,861 | $211,237 | $210,849 | $207,562 |
| Preferred Stock | $14 | $14 | $14 | $14 |
| Long Term Capital Lease Obligation | $945,704 | $994,491 | $393,709 | $507,188 |
| Current Deferred Revenue | $0 | $308,908 | $0 | - |
| Current Capital Lease Obligation | $265,380 | $166,927 | $113,478 | $76,227 |
| Current Accrued Expenses | $63,153 | $40,510 | $28,005 | $21,870 |
| Dueto Related Parties Current | $50,000 | $50,000 | $50,000 | $50,000 |
| Net PPE | $1,389,086 | $1,489,299 | $624,992 | $751,480 |
| Gross PPE | $1,389,086 | $1,489,299 | $624,992 | $751,480 |
| Other Properties | $1,389,086 | $1,489,299 | $624,992 | $751,480 |
| Treasury Shares Number | - | $0 | - | - |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $-5,191,537 | $-3,819,920 | $-4,004,021 | $-3,421,161 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $-5,092,690 | $-3,450,653 | $-3,929,837 | $-3,213,794 |
| Cash Flow From Continuing Operating Activities | $-5,092,690 | $-3,450,653 | $-3,929,837 | $-3,213,794 |
| Operating Gains Losses | - | - | $431,206 | $751,783 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-98,847 | $-369,267 | $-74,184 | $-207,367 |
| Investing Cash Flow | $-98,847 | $-369,267 | $-74,184 | $-207,367 |
| Cash Flow From Continuing Investing Activities | $-98,847 | $-369,267 | $-74,184 | $-207,367 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Issuance Of Capital Stock | $4,171,601 | $0 | $6,586,193 | $5,299,000 |
| Financing Cash Flow | $4,036,823 | $-500,862 | $5,981,709 | $3,760,487 |
| Cash Flow From Continuing Financing Activities | $4,036,823 | $-500,862 | $5,981,709 | $3,760,487 |
| Net Other Financing Charges | $-82,300 | $-136,671 | - | - |
| Net Common Stock Issuance | $4,171,601 | $0 | $6,586,193 | $5,299,000 |
| Common Stock Issuance | $4,171,601 | $0 | $6,586,193 | $5,299,000 |
| Repurchase Of Capital Stock | - | - | - | $0 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-141,977 | $-555,541 | $-798,988 | $-1,646,513 |
| Issuance Of Debt | $0 | $155,541 | $175,435 | $0 |
| Interest Paid Supplemental Data | $0 | $5,726 | $3,727 | $1,421 |
| Income Tax Paid Supplemental Data | $0 | $0 | $0 | $0 |
| End Cash Position | $164,812 | $1,319,526 | $5,640,308 | $3,662,615 |
| Beginning Cash Position | $1,319,526 | $5,640,308 | $3,662,620 | $3,323,290 |
| Changes In Cash | $-1,154,714 | $-4,320,782 | $1,977,688 | $339,325 |
| Proceeds From Stock Option Exercised | $89,499 | $35,809 | $19,069 | $108,000 |
| Net Issuance Payments Of Debt | $-141,977 | $-400,000 | $-623,553 | $-1,646,513 |
| Net Short Term Debt Issuance | $-141,977 | $-400,000 | $-623,553 | $-1,646,513 |
| Short Term Debt Payments | $-141,977 | $-555,541 | $-798,988 | $-1,646,513 |
| Short Term Debt Issuance | $0 | $155,541 | $175,435 | $0 |
| Net PPE Purchase And Sale | $-98,847 | $-369,267 | $-74,184 | $-207,367 |
| Purchase Of PPE | $-98,847 | $-369,267 | $-74,184 | $-207,367 |
| Change In Working Capital | $-344,773 | $-67,210 | $-773,025 | $46,484 |
| Change In Other Working Capital | $-308,908 | $308,908 | - | - |
| Change In Other Current Liabilities | $-184,871 | $-112,050 | $-76,228 | $38,745 |
| Change In Payables And Accrued Expense | $-31,834 | $208,493 | $-72,913 | $65,254 |
| Change In Accrued Expense | $22,643 | $12,505 | $5,499 | $22,318 |
| Change In Payable | $-54,477 | $195,988 | $-78,412 | $42,936 |
| Change In Account Payable | $-54,477 | $195,988 | $-78,412 | $42,936 |
| Change In Prepaid Assets | $-51,113 | $-257,918 | $-270,735 | $-60,395 |
| Change In Receivables | $231,953 | $-214,643 | $-353,149 | $2,880 |
| Changes In Account Receivables | $231,953 | $-214,643 | $-353,149 | $0 |
| Other Non Cash Items | $224,625 | $202,354 | $221,352 | $156,562 |
| Stock Based Compensation | $3,768,819 | $3,493,397 | $1,776,140 | $1,236,806 |
| Depreciation Amortization Depletion | $433,597 | $271,241 | $186,132 | $20,024 |
| Depreciation And Amortization | $433,597 | $271,241 | $186,132 | $20,024 |
| Depreciation | $433,597 | $271,241 | $186,132 | $20,024 |
| Net Income From Continuing Operations | $-9,174,958 | $-7,350,435 | $-5,771,642 | $-5,425,453 |
| Pension And Employee Benefit Expense | - | $0 | $416,666 | $833,333 |
| Gain Loss On Sale Of PPE | - | $0 | $14,540 | $0 |
| Change In Interest Payable | - | - | $0 | $1,386 |
| Common Stock Payments | - | - | - | $0 |
| Net Long Term Debt Issuance | - | - | - | $0 |
| Long Term Debt Payments | - | - | - | $0 |
| Long Term Debt Issuance | - | - | - | $0 |
| Change In Inventory | - | - | - | $0 |