NeoVolta (NEOV)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	328.75 k	328.75 k	328.75 k	328.75 k	328.75 k	328.75 k
Cash burn (monthly)	21.55 k	97.55 k	315.64 k	270.58 k	286.10 k	163.68 k
Cash used (since last report)	44.46 k	201.26 k	651.24 k	558.26 k	590.28 k	337.71 k
Cash remaining	284.28 k	127.49 k	-322.49 k	-229.52 k	-261.54 k	-8.97 k
Runway (months of cash)	13.2	1.3	-1.0	-0.8	-0.9	-0.1

Beta Read what these cash burn values mean

Financial data from NeoVolta earnings reports.

Institutional ownership, Q3 2024

NEOV institutional ownership history Ownership history

25.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	15	4	+275.0%
Opened positions	12	1	+1100.0%
Closed positions	1	10	-90.0%
Increased positions	1	1	–
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	40.43 bn	1.40 bn	+2785.3%
Total shares	8.54 mm	686.12 k	+1144.8%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Legacy Investment Solutions	3.48 mm	$17.81 bn	NEW
Legacy Wealth Managment	3.48 mm	$17.81 bn	NEW
BlackRock	421.16 k	$1.30 bn	NEW
Vanguard	391.89 k	$1.21 bn	NEW
Geode Capital Management	306.32 k	$946.76 mm	+5.3%
BIP Wealth	200.21 k	$618.66 mm	0.0%
STT State Street	100.81 k	$311.52 mm	NEW
NTRS Northern Trust	85.32 k	$263.64 mm	NEW
UBS UBS	28.82 k	$89.04 mm	NEW
Charles Schwab Investment Management	12.96 k	$40.06 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Legacy Investment Solutions	3.48 mm	+3.48 mm	NEW
Legacy Wealth Managment	3.48 mm	+3.48 mm	NEW
BlackRock	421.16 k	+421.16 k	NEW
Vanguard	391.89 k	+391.89 k	NEW
Warberg Asset Management	0.00	-194.41 k	EXIT
STT State Street	100.81 k	+100.81 k	NEW
NTRS Northern Trust	85.32 k	+85.32 k	NEW
UBS UBS	28.82 k	+28.82 k	NEW
Geode Capital Management	306.32 k	+15.43 k	+5.3%
Charles Schwab Investment Management	12.96 k	+12.96 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NEOV insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
4 Feb 25	Bond Steve	RSU Common Stock	Grant	Acquire A	No	No	240,000	290,000
1 Jan 25	Michael Mendik	RSU Common Stock	Grant	Acquire A	No	No	150,000	150,000
18 Oct 24	John A Hass	Common Stock	Grant	Acquire A	No	No	36,609	56,966

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

12 Industrials Stocks Moving In Wednesday's Pre-Market Session

29 Jan 25

NeoVolta Appoints Michael Mendik As Chief Operating Officer

7 Jan 25

NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is pleased to announce the appointment of Michael Mendik, PhD, MBA, as its new Chief Operating Officer (COO). With a

Press releases

From Benzinga Pro

NeoVolta (NEOV) $300M Loan Application Passes Phase 2 of Department of Energy Loan Program

25 Feb 25

Technical Due Diligence Approved for $300M to Expand U.S. Manufacturing SAN DIEGO, Feb. 25, 2025 /PRNewswire/ -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions,

NeoVolta and Expion360 Announce LOI to Advance Battery Manufacturing and Product Design

11 Dec 24

SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is excited to announce the execution of a non-binding letter of intent ("LOI")