| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,332,225 | 865,679 | ||
| Accounts receivable, net | 108,984 | 0 | ||
| Other assets | 377,988 | 350,876 | ||
| Total current assets | 1,819,197 | 1,216,555 | ||
| Total property and equipment | 2,452,480 | - | ||
| Less accumulated depreciation | 1,151,886 | - | ||
| Property and equipment - net | 1,300,594 | 1,351,863 | ||
| Right of use asset operating lease | 879,231 | 945,749 | ||
| Security deposit | 17,004 | 17,004 | ||
| Total long-term assets | 2,196,829 | 2,314,616 | ||
| Total assets | 4,016,026 | 3,531,171 | ||
| Accounts payable | 274,140 | 383,050 | ||
| Note payable | 96,000 | 144,000 | ||
| Due to related parties-Related Party | 50,000 | 50,000 | ||
| Operating lease liability - current | 196,271 | 251,446 | ||
| Accrued expenses | 259,482 | 118,084 | ||
| Accrued dividends | 48,079 | 48,079 | ||
| Total current liabilities | 923,972 | 994,659 | ||
| Operating lease liability - non-current | 822,235 | 836,999 | ||
| Deferred equity financing | 2,999,997 | - | ||
| Total long-term liabilities | 3,822,232 | 836,999 | ||
| Total liabilities | 4,746,204 | 1,831,658 | ||
| Series a convertible preferred stock, .001 par value, 2,000,000 shares authorized and 13,602 shares issued and outstanding at september 30, 2025 and december 31, 2024 (liquidation preference 340,050 and 340,050, respectively)-Series APreferred Stock | 14 | 14 | ||
| Common stock, .001 par value, 500,000,000 shares authorized 219,410,928 and 213,860,508 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 219,480 | 218,591 | ||
| Additional paid-in capital | 129,902,152 | 128,361,575 | ||
| Accumulated deficit | -130,851,824 | -126,880,667 | ||
| Total stockholders (deficit) equity | -730,178 | 1,699,513 | ||
| Total liabilities and stockholders equity | 4,016,026 | 3,531,171 | ||
APPLIED ENERGETICS, INC. (AERGP)
APPLIED ENERGETICS, INC. (AERGP)