Revenue: As of FY2026 Q1, the actual value is USD 0.EPS: As of FY2026 Q1, the actual value is USD -0.32.<h4>Financial Highlights</h4><ul><li>GAAP Net Loss: For the three months ended March 31, 2026, the GAAP net loss was - $10.194 million, compared to - $10.867 million for the same period in 2025. This represents a decrease in net loss year-over-year .</li><li>Adjusted Net Loss (Non-GAAP): The adjusted net loss (Non-GAAP) was - $6.192 million for the three months ended March 31, 2026, compared to - $4.792 million for the three months ended March 31, 2025 .</li><li>Operating Expenses: Operating expenses for the three months ended March 31, 2026, were $10.332 million, down from $11.162 million for the same period in 2025 .</li><li>Other Income, Net: Other income, net, was $0.138 million for the three months ended March 31, 2026, compared to $0.295 million for the three months ended March 31, 2025 .</li></ul><h4>Liquidity and Cash Flow</h4><ul><li>Cash and Cash Equivalents: As of March 31, 2026, Aptera Motors Corp. had $17.721 million in cash and cash equivalents, an increase from $10.746 million as of March 31, 2025 .</li><li>New Capital Secured: During the first quarter of 2026, Aptera Motors Corp. raised approximately $17.1 million in gross proceeds from a follow-on public offering and warrant exercises .</li></ul><h4>Operational Metrics</h4><ul><li>Headcount: Total active headcount grew approximately 54% year-over-year to 57 employees as of March 31, 2026, from 37 employees as of March 31, 2025, with the Engineering organization accounting for the majority of net additions .</li><li>Validation Vehicles: The first five validation vehicles were driven off the low-volume validation assembly line in Carlsbad subsequent to the quarter-end .</li><li>Reservation Holders: As of March 31, 2026, Aptera Motors Corp. had approximately 49,000 reservation holders for its first vehicle .</li><li>Litigation Resolution: Aptera Motors Corp. resolved its previously disclosed litigation with Zaptera USA, Inc. in April 2026 through a non-cash settlement valued at approximately $0.6 million, with all related claims dismissed with prejudice .</li></ul><h4>Outlook / Guidance</h4>Aptera Motors Corp. is focused on disciplined execution and steady operational progress towards production, including deploying liquidity into critical long-lead components, safety testing, and final engineering to move closer to first customer deliveries . The company’s forward-looking statements include plans for validation builds, expansion of the validation fleet and testing program, and anticipated commencement of assembly . These plans are subject to risks such as supply chain delays, ability to hire personnel, scaling manufacturing processes, availability of capital, and regulatory approvals .

Aptera Motors - B | 8-K: FY2026 Q1 Revenue: USD 0