Fundz
Back to SEC Filings
10-QMEDIUM RiskDETERIORATING

Aeluma, Inc.

Filed: Feb 11, 2026 CIK: 0001828805
View original filing on SEC.gov

AI Executive Summary

AI-powered analysis of 10-Q filing content

Aeluma shows severe operational deterioration with massive expense increases and declining revenues. Despite improved cash position from equity raises, the company faces unsustainable burn rates with R&D expenses up 238% and G&A expenses up 271% year-over-year, while revenue declined 21% in Q2 FY2025.

Red Flags Detected (7)

Revenue declined 21% to $1.27M in Q2 vs $1.61M prior year

Operating expenses increased 174% to $3.35M vs $1.22M prior year

R&D expenses exploded 238% to $906K vs $268K prior year

4 more red flags detected

Key Takeaways

Company achieved significant dilutive equity financing improving cash to $38.57M

Operational metrics show severe deterioration across all expense categories

2 more takeaways

Filing Overview

Form TypeQuarterly Report (10-Q)
Filing DateFeb 11, 2026
Risk LevelMEDIUM
TrendDETERIORATING
AI Confidence85%
Red Flags7

What This Means

Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.

Quarterly Report: Interim filing with unaudited financial data for the quarter.

View Full Filing on SEC.govBrowse More Filings