10-Q quarterly report · filed May 13, 2026

Aeluma, Inc. (ALMU) Q1 2026 10-Q Quarterly Report

Short answer

Aeluma, Inc. (ALMU) filed its Q1 2026 10-Q quarterly report on May 13, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1M (down 2.6% year over year) with net income of −$2M.

Q1 2026 key financials · XBRL

Revenue
$1M
−2.6% YoY · −3.9% QoQ
Net income
−$2M
−223.2% YoY · +2.9% QoQ
Operating margin
-491.3%
EPS (diluted)
−$0.10
−183.3% YoY · +9.1% QoQ

Source: XBRL data from the Aeluma, Inc. (ALMU) Q1 2026 10-Q on SEC EDGAR. USD.

Aeluma, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Nine-month revenue $3.879M, up 16% YoY from $3.348M, primarily government contracts
  • Operating expenses $9.693M, up 114% YoY from $4.522M
  • Government contracts largest revenue source at $3.8M vs $3.1M YoY; other products and services $41K vs $201K
  • Cash, equivalents and certificate of deposit $37.8M vs $15.7M at June 30, 2025
  • Operating cash outflow $1.643M vs $1.083M YoY; financing inflow $24.122M, including $23.4M public-offering proceeds

Risk Factors

  • New risk: prolonged U.S. federal shutdown, triggered by appropriations or federal debt-ceiling failures
  • Regulatory risk: SEC, USPTO, NASA, and Defense Department delays could impede filings, applications, and submissions
  • Legal risk: federal court funding lapses could postpone litigation, bankruptcy proceedings, and enforcement actions
  • Financing risk: market disruption could impair at-the-market offerings under the effective shelf registration statement
  • Market risk: regulatory changes affecting customers could delay or cancel capital expenditure plans

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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