Envirotech Vehicles, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $5.9M | $1.9M | $2.9M | $4.5M | $2.0M |
| Cost of revenue | $19.1M | $1.4M | $1.9M | $2.8M | $1.3M |
| Gross profit | -$13.2M | $488,803 | $1.0M | $1.7M | $761,376 |
| Research and development | $731,808 | $192,885 | $236,181 | $149,912 | $58,139 |
| Operating expenses | $25.5M | $8.4M | $13.7M | $45.6M | $8.5M |
| Operating income | -$38.7M | -$7.9M | -$12.7M | -$43.8M | -$7.7M |
| Pretax income | -$39.1M | -$8.8M | -$12.7M | -$43.8M | -$7.4M |
| Income tax expense | $0 | $0 | $0 | $0 | $220,700 |
| Net income | -$39.1M | -$8.8M | -$12.7M | -$43.8M | -$7.7M |
| Balance Sheet | |||||
| Cash and equivalents | $358,966 | $1.9M | $456,719 | $2.8M | $4.8M |
| Current assets | $3.5M | $17.6M | $12.1M | $18.3M | $23.0M |
| Total assets | $4.7M | $32.7M | $22.7M | $33.5M | $75.3M |
| Current liabilities | $13.3M | $11.7M | $1.8M | $1.5M | $1.6M |
| Total liabilities | $13.6M | $11.7M | $2.0M | $1.5M | $1.6M |
| Stockholders' equity | -$8.9M | $20.9M | $20.6M | $32.0M | $73.7M |
| Cash Flow Statement | |||||
| Cash from operations | -$5.6M | -$3.5M | -$4.7M | -$7.4M | -$12.9M |
| Depreciation and amortization | $293,038 | $158,850 | $128,801 | $97,242 | $70,729 |
| Stock-based compensation | $639,815 | $1.9M | $1.3M | $1.6M | $3.4M |
| Capital expenditure | $176,828 | $430,333 | $35,810 | $168,583 | $27,958 |
| Free cash flow | -$5.8M | -$3.9M | -$4.7M | -$7.6M | -$13.0M |
| Impairments | $10.1M | $0 | $5.1M | $37.1M | $0 |
Shares outstanding 12.9M · Free float 99.9%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.