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AERG · Applied Energetics, Inc
OTC MARKETS - Real Time Price • USD
$0.82
-0.03
(-3.54%)
● Overnight
DAY'S RANGE
$0.82
$0.82
$0.88
52-WEEK RANGE
$0.82
$0.64
$2.12
What's happening
- AERG is down 3.54% today, trading at $0.82. — Live quote
- Reports earnings on 2026-11-10, 19 days away. (Finnhub earnings calendar)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Performance Overview (Trailing returns vs S&P 500 benchmark)
YTD RETURN
AERG
-54.64%
vs S&P 500
-67.42%
1-YEAR RETURN
AERG
-53.62%
vs S&P 500
-68.18%
6-MONTH RETURN
AERG
-36.36%
3-MONTH RETURN
AERG
-34.32%
Earnings Trends (Quarterly EPS Actual vs Estimate)
2025-10-26 (Q3 2025)
$-0.02
Est. $—
2024-04-26 (Q1 2024)
$-0.01
Est. $—
2009-01-26 (Q4 2008)
$-0.08
Est. $-0.01
MISS -684.3%
2008-10-26 (Q3 2008)
$-0.02
Est. $-0.02
BEAT +2.0%
Valuation Measures & Ratios
Enterprise Value4$183.1M
Forward P/E5—
PEG Ratio6-0.34
Price / Sales (TTM1)755.25
Price / Book7137.31
EV4 / Revenue751.50
EV4 / EBITDA39.80
Profit Margin-5032.05%
Operating Margin-5064.22%
Return on Equity (ROE8)-244.19%
Return on Assets (ROA9)-270.28%
Avg Volume (3M)121,310
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Shares Short400,410
Change from Prior Settlement-24.23%
% of Float—
Days to Cover (Short Ratio)1.40
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Events
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
Loading chart…
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
No reviewed peer group is available for this symbol.
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Latest SEC filing is Form 8-K, filed 2026-10-09; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Revenue growth is -11.9% on the provider's reported measure. Finnhub fundamentals ↗
- Net profit margin is -5032.1%. Finnhub fundamentals ↗
- Trailing 52-week price return is -53.6%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on AERG
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62.0K | — | $109.0K | $70.3K | $209.8K | $747.7K | $780.6K | $134.2K |
| Gross profit | $40.4K | — | $55.6K | $22.8K | $145.8K | $239.0K | $396.4K | -$140.2K |
| Operating income | -$4.3M | -$3.8M | -$4.0M | -$3.8M | -$3.1M | -$2.4M | -$2.1M | -$2.6M |
| Net income | -$4.3M | -$3.8M | -$4.0M | -$3.8M | -$3.1M | -$2.4M | -$2.1M | -$2.6M |
| EPS (diluted) | $-0.02 | $-0.02 | $-0.02 | $-0.02 | $-0.01 | $-0.01 | $-0.01 | $0.00 |
| EPS (basic) | $-0.02 | $-0.02 | $-0.02 | $-0.02 | $-0.01 | $-0.01 | $-0.01 | $0.00 |
| Operating margin | -$6.9K | — | -$3.6K | -$5.4K | -$1.5K | -$318 | -$264 | -$1.9K |
| Net margin | -$6.9K | — | -$3.6K | -$5.4K | -$1.5K | -$318 | -$264 | -$1.9K |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.1M | $6.6M | $9.1M | $4.0M | $3.5M | $5.9M | $2.1M | $3.5M |
| Total liabilities | $1.9M | $1.5M | $1.5M | $4.7M | $1.8M | $1.6M | $1.7M | $1.9M |
| Stockholders' equity | $2.2M | $5.1M | $7.6M | -$730.2K | $1.7M | $4.3M | $392.7K | $1.6M |
| Total current assets | $2.2M | $4.6M | $7.0M | $1.8M | $1.2M | $4.5M | $664.8K | $2.0M |
| Total current liabilities | $1.4M | $936.9K | $840.3K | $924.0K | $994.7K | $766.1K | $732.4K | $888.7K |
| Cash & equivalents | $1.1M | — | $6.4M | $1.3M | — | $4.3M | $164.8K | $1.6M |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| Accounts receivable | $81.0K | $0 | $0 | $109.0K | $0 | $90.3K | $335.8K | $190.4K |
| Inventory | — | — | — | — | — | — | — | — |
| Other current assets | $936.8K | $584.4K | $533.4K | $378.0K | $350.9K | $153.9K | $164.1K | $227.1K |
| Property, plant & equipment | $1.2M | $1.2M | $1.3M | $1.3M | $1.4M | $372.5K | $314.5K | $328.8K |
| Other non-current assets | — | — | — | — | — | — | — | — |
| Accounts payable | $540.0K | $256.8K | $220.9K | $274.1K | $383.1K | $293.6K | $258.5K | $351.4K |
| Accrued liabilities | $200.3K | $337.1K | $242.2K | $259.5K | $118.1K | $93.3K | $63.2K | $74.4K |
| Deferred revenue (current) | $100.0K | — | — | — | — | — | — | — |
| Short-term debt | — | — | — | — | — | — | — | — |
| Other current liabilities | $202.6K | — | $48.0K | — | — | — | — | — |
| Long-term debt | — | — | — | — | — | — | — | — |
| Common stock & paid-in capital | $230.0K | $229.8K | $229.6K | $219.5K | $218.6K | $218.3K | $213.9K | $213.8K |
| Retained earnings | -$142.9M | -$138.7M | -$134.9M | -$130.9M | -$126.9M | -$123.1M | -$120.0M | -$117.9M |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2.8M | -$2.3M | -$2.6M | -$2.5M | -$2.4M | -$1.7M | -$1.4M | -$1.1M |
| Investing cash flow | -$37.1K | -$43.4K | -$53.1K | -$30.1K | -$1.0M | -$114.1K | -$43.4K | $0 |
| Financing cash flow | -$7.4K | -$32.3K | $7.8M | $3.0M | $13.9K | $6.0M | -$41.3K | -$122.1K |
| Free cash flow | -$2.9M | -$2.3M | -$2.7M | -$2.5M | -$3.4M | -$1.8M | -$1.4M | -$1.1M |
| Capital expenditures | $37.1K | $43.4K | $53.1K | $30.1K | $1.0M | $114.1K | $43.4K | $0 |
| Depreciation & amortization | — | — | — | — | — | — | — | $57.2K |
| Share-based compensation | $1.3M | $1.3M | $1.5M | $1.5M | $1.2M | $991.8K | $913.1K | $979.1K |
| Change in accounts receivable | $81.0K | — | -$109.0K | $109.0K | -$90.3K | -$245.5K | $145.4K | -$20.7K |
| Change in inventory | — | — | — | — | — | — | — | — |
| Change in accounts payable | $283.2K | $35.9K | -$53.2K | -$108.9K | $89.4K | $35.2K | -$92.9K | $130.0K |
| Tax withholding on stock comp | $0 | $4.7K | -$1 | $14.7K | $0 | $2.7K | $1 | $74.8K |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $461.7K | $2.4M | $2.6M | $1.3M | — |
| Gross profit | $249.1K | $946.5K | $2.0M | $1.0M | — |
| Operating income | -$14.9M | -$9.2M | -$7.4M | -$5.8M | -$5.5M |
| Net income | -$14.9M | -$9.2M | -$7.4M | -$5.8M | -$5.4M |
| EPS (diluted) | $-0.07 | $-0.04 | $-0.03 | $-0.03 | $-0.03 |
| EPS (basic) | $-0.07 | $-0.04 | $-0.03 | $-0.03 | $-0.03 |
| Operating margin | -$3.2K | -$378 | -$281 | -$441 | — |
| Net margin | -$3.2K | -$378 | -$279 | -$441 | — |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Apr '22 |
|---|---|---|---|---|---|
| Total assets | $9.1M | $2.1M | $3.5M | $6.7M | — |
| Total liabilities | $1.5M | $1.7M | $1.9M | $1.2M | — |
| Stockholders' equity | $7.6M | $392.7K | $1.6M | $5.6M | — |
| Total current assets | $7.0M | $664.8K | $2.0M | $6.1M | — |
| Total current liabilities | $840.3K | $732.4K | $927.4K | $756.5K | — |
| Cash & equivalents | $6.4M | $164.8K | $1.3M | $5.6M | — |
| Marketable securities (current) | — | — | — | — | — |
| Accounts receivable | — | $335.8K | $567.8K | $353.1K | — |
| Inventory | — | — | — | — | — |
| Other current assets | $533.4K | $164.1K | $148.3K | $92.8K | $58.9K |
| Property, plant & equipment | $1.3M | $314.5K | $434.6K | $192.9K | — |
| Other non-current assets | — | — | — | — | — |
| Accounts payable | $220.9K | $258.5K | $313.0K | $117.0K | — |
| Accrued liabilities | $242.2K | $63.2K | $40.5K | $28.0K | — |
| Deferred revenue (current) | — | — | $308.9K | — | — |
| Short-term debt | — | — | — | — | — |
| Long-term debt | — | — | — | — | — |
| Common stock & paid-in capital | $229.6K | $213.9K | $211.2K | $210.8K | — |
| Retained earnings | -$134.9M | -$120.0M | -$110.8M | -$103.5M | — |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$9.2M | -$5.1M | -$3.5M | -$3.9M | -$3.2M |
| Investing cash flow | -$1.2M | -$98.8K | -$369.3K | -$74.2K | -$207.4K |
| Financing cash flow | $16.7M | $4.0M | -$500.9K | $6.0M | $3.8M |
| Free cash flow | -$10.5M | -$5.2M | -$3.8M | -$4.0M | -$3.4M |
| Capital expenditures | $1.2M | $98.8K | $369.3K | $74.2K | $207.4K |
| Depreciation & amortization | — | — | $127.6K | $73.5K | — |
| Share-based compensation | $5.1M | $3.8M | $3.5M | $1.8M | — |
| Change in accounts receivable | -$335.8K | -$232.0K | $214.6K | $353.1K | — |
| Change in inventory | — | — | — | — | — |
| Change in accounts payable | -$37.6K | -$54.5K | $196.0K | -$78.4K | $42.9K |
| Tax withholding on stock comp | $17.4K | $82.3K | $136.7K | — | — |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding AERG as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Institutional ownership is not available for this symbol right now.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2025-08-15 to 2026-07-13
Recent transactions
- Insiders have net sold 40,000 shares over the last 182 days, across 0 purchases and 4 sales.
- Most recent: Donaghey Christopher Wayne (President & CEO) — Option exercise of 100,000 shares on 2026-07-13.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Purchases (open market)0 sh(0 txns)
Sales (open market)40,000 sh(4 txns)
Net Shares-40,000
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Donaghey Christopher Wayne | President & CEO | Option exercise | 2026-07-13 | 100,000 |
| Adamczyk Bradford Thomas | Director | Option exercise | 2026-06-08 | 10,000 |
| Quarles Gregory James | CEO Emeritus | Option exercise | 2026-01-21 | 6,600 |
| MCCAHON STEPHEN WILLIAM | Chief Science Officer | Open market sale | 2026-01-20 | 10,000 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-07-13 | Donaghey Christopher Wayne | President & CEO | Option exercise | 100,000 | — |
| 2026-07-13 | Donaghey Christopher Wayne | President & CEO | Tax withholding | 39,850 | — |
| 2026-06-08 | Adamczyk Bradford Thomas | Director | Option exercise | 10,000 | $0.07 |
| 2026-06-08 | Adamczyk Bradford Thomas | Director | Open market sale | 10,000 | $1.50 |
| 2026-06-01 | Donaghey Christopher Wayne | President & CEO | Open market sale | 10,000 | $1.50 |
| 2026-05-11 | Adamczyk Bradford Thomas | Director | Option exercise | 10,000 | $0.07 |
| 2026-05-11 | Adamczyk Bradford Thomas | Director | Open market sale | 10,000 | $1.50 |
| 2026-05-11 | Donaghey Christopher Wayne | President & CEO | Open market sale | 10,000 | $1.50 |
| 2026-01-26 | Donaghey Christopher Wayne | President & CEO/Principal AO | Open market sale | 10,000 | $1.65 |
| 2026-01-21 | Quarles Gregory James | CEO Emeritus | Option exercise | 6,600 | $0.35 |
| 2026-01-21 | Quarles Gregory James | CEO Emeritus | Open market sale | 6,600 | $1.87 |
| 2026-01-20 | MCCAHON STEPHEN WILLIAM | Chief Science Officer | Open market sale | 10,000 | $1.80 |
| 2026-01-07 | Adamczyk Bradford Thomas | Reporting person | Open market sale | 10,000 | $1.77 |
| 2026-01-07 | Adamczyk Bradford Thomas | Reporting person | Option exercise | 10,000 | $0.07 |
| 2025-12-29 | Donaghey Christopher Wayne | President & CEO/Principal AO | Open market sale | 7,700 | $1.93 |
| 2025-12-26 | Donaghey Christopher Wayne | President & CEO/Principal AO | Open market sale | 2,300 | $1.92 |
| 2025-12-22 | MCCAHON STEPHEN WILLIAM | Chief Science Officer | Open market sale | 10,000 | $1.86 |
| 2025-12-22 | Quarles Gregory James | CEO Emeritus | Option exercise | 10,000 | $0.35 |
| 2025-12-22 | Quarles Gregory James | CEO Emeritus | Open market sale | 10,000 | $1.88 |
| 2025-12-08 | Adamczyk Bradford Thomas | Reporting person | Option exercise | 10,000 | $0.07 |
| 2025-12-08 | Adamczyk Bradford Thomas | Reporting person | Open market sale | 10,000 | $1.86 |
| 2025-12-04 | Quarles Gregory James | CEO Emeritus | Option exercise | 10,000 | $0.35 |
| 2025-12-04 | Quarles Gregory James | CEO Emeritus | Open market sale | 10,000 | $1.77 |
| 2025-11-28 | Donaghey Christopher Wayne | President & CEO/Principal AO | Open market sale | 10,000 | $1.50 |
| 2025-11-21 | MCCAHON STEPHEN WILLIAM | Chief Science Officer | Open market sale | 8,900 | $1.51 |
| 2025-11-19 | MCCAHON STEPHEN WILLIAM | Chief Science Officer | Open market sale | 1,100 | $1.50 |
| 2025-11-17 | Adamczyk Bradford Thomas | Reporting person | Option exercise | 10,000 | $0.07 |
| 2025-11-17 | Adamczyk Bradford Thomas | Reporting person | Open market sale | 10,000 | $1.58 |
| 2025-10-27 | Donaghey Christopher Wayne | President & CEO/Principal AO | Open market sale | 10,000 | $1.68 |
| 2025-10-20 | MCCAHON STEPHEN WILLIAM | Chief Science Officer | Open market sale | 10,000 | $1.65 |
| 2025-09-25 | Donaghey Christopher Wayne | President & CEO/Principal AO | Open market sale | 10,000 | $2.00 |
| 2025-09-24 | Quarles Gregory James | CEO Emeritus | Option exercise | 10,000 | $0.35 |
| 2025-09-24 | Quarles Gregory James | CEO Emeritus | Open market sale | 10,000 | $1.92 |
| 2025-09-19 | MCCAHON STEPHEN WILLIAM | Chief Science Officer | Open market sale | 10,000 | $1.50 |
| 2025-09-19 | Adamczyk Bradford Thomas | Director | Option exercise | 10,000 | $0.07 |
| 2025-09-19 | Adamczyk Bradford Thomas | Director | Open market sale | 10,000 | $1.50 |
| 2025-08-15 | Adamczyk Bradford Thomas | Director | Option exercise | 10,000 | $0.07 |
| 2025-08-15 | Adamczyk Bradford Thomas | Director | Open market sale | 10,000 | $1.76 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-21 23:22 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-09 | 8-K | 2026-10-08 | View on SEC.gov → |
| 2026-10-06 | 4 | 2026-09-18 | View on SEC.gov → |
| 2026-08-26 | 4 | 2026-07-13 | View on SEC.gov → |
| 2026-08-13 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-06-10 | 4 | 2026-06-08 | View on SEC.gov → |
| 2026-06-03 | 4 | 2026-06-01 | View on SEC.gov → |
| 2026-05-14 | 8-K | 2026-05-14 | View on SEC.gov → |
| 2026-05-14 | 4 | 2026-05-11 | View on SEC.gov → |
| 2026-05-14 | 10-Q | 2026-03-31 | View on SEC.gov → |
| 2026-05-13 | 4 | 2026-05-11 | View on SEC.gov → |
| 2026-04-29 | 8-K | 2026-04-23 | View on SEC.gov → |
| 2026-03-30 | 10-K | 2025-12-31 | View on SEC.gov → |
Recent news
Headlines about AERG (Applied Energetics, Inc). Links open the publisher — we don’t host full articles.
-
Applied Energetics to Exhibit Ultrashort Pulse Laser Counter-UAS Technology at 2026 Air Force Innovation Expo
Yahoo · 2026-10-21 -
Applied Energetics, Inc. (AERG) files $300M mixed shelf
StreetInsider · 2026-10-15 -
AERG Advances Laser Technology With Improved Power & Range
Yahoo · 2026-10-09 -
Applied Energetics Next-Generation Laser Architecture Delivers Dramatic Beam Quality Improvements and Enhanced Power, Advancing Longer-Range Counter-Drone Capabilities and Paving the Way for Backpackable Directed Energy
Yahoo · 2026-10-08 -
Applied Energetics Next-Generation Laser Architecture Delivers Dramatic Beam Quality Improvements and Enhanced Power, Advancing Longer-Range Counter-Drone Capabilities and Paving the Way for Backpackable Directed Energy Systems
Yahoo Finance · 2026-10-08 -
Applied Energetics Stock Declines as Q2 Loss Widens Y/Y
Yahoo Finance · 2026-08-21 -
Applied Energetics Selected for Department of the Air Force Strategic Funding Increase
Yahoo Finance · 2026-08-18 -
Applied Energetics Announces Strategic Collaboration with Former Acting Secretary of the Army Patrick J. Murphy
Yahoo Finance · 2026-06-18
No headlines in this category right now — try “All”.