AURA SYSTEMS INC SEC 10-Q Report

AURA SYSTEMS INC, a company specializing in the manufacture and delivery of axial flux induction motors and generator sets for mobile power applications, has released its Form 10-Q report for the three months ended August 31, 2025. The report highlights significant financial and operational metrics, reflecting the company's ongoing transition towards new product development and production capabilities.

Financial Highlights

• Net Revenue: $0 million for the three months ended August 31, 2025, compared to $3 million for the same period in 2024. Revenues continue to be negatively impacted due to a generally low level of resources on legacy products and a shift to the development and production of prototypes for the new product line.
• Loss from Operations: $(914) thousand for the three months ended August 31, 2025, compared to $(2,473) thousand for the same period in 2024. The decrease was primarily due to a reduction in stock-based compensation expenses.
• Net Loss: $(4,764) thousand for the three months ended August 31, 2025, compared to $(6,390) thousand for the same period in 2024. The decrease in net loss was due to several factors, including the recording of stock-based compensation in the prior year period and the change in fair value of the derivative liability.
• Basic and Diluted Loss Per Share: $(0.04) for the three months ended August 31, 2025, compared to $(0.06) for the same period in 2024.

Business Highlights

• Revenue Segments: The company derives its revenue primarily from the manufacture and delivery of axial flux induction motors and generator sets used in mobile power applications. The principal sales channel includes domestic end users and international distributors and agents.
• Geographical Performance: The company primarily generates revenue in the United States and manages its business activities on a consolidated basis.
• New Product Launches: The company completed a 250-kW electric motor prototype for EV applications and a 250-kW generator based on axial flux induction technology. Additionally, a new 10-kW mobile power generator was installed on a Polaris type ATV platform for US military applications.
• New Production Launches: The company is setting up manufacturing for axial flux induction products being engineered and designed, indicating an expansion in production capabilities.
• Future Outlook: The company is focused on completing the prototype for its new product line, which is expected to be completed in Fiscal 2026. The company is also exploring limited licensing of its technology and potential joint ventures with existing industrial motor/generator suppliers.

SEC Filing: AURA SYSTEMS INC [ AUSI ] - 10-Q - Oct. 20, 2025