Risk factors
NeoVolta (NEOV) risk factors
Item 1A of every NeoVolta Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors34 risks1 new3 dropped5 reworded
Customer concentration intensified with the top two dealers accounting for 64% of total revenues in fiscal 2025. Net losses more than doubled to $5.0 million alongside a growing accumulated deficit of $25.8 million. Management key personnel shifted with CFO Steve Bond replacing CTO Brent Willson.
Filed Sep 29, 2025 - FY2024 10-K risk factors36 risks
The risk section is dominated by NeoVolta's early-stage financial losses, dependence on a handful of California dealers, and supply chain vulnerabilities for inverters and lithium iron phosphate cells.
Filed Sep 27, 2024