Aptera Motors posted a net loss of USD 10.9 million for the quarter ended June 30, 2026, narrowing from USD 12.1 million.
Research and development expense rose 21% to USD 7.09 million on higher engineering, design and development spending.
Selling, general and administrative costs fell 49% to USD 4.07 million, driven by lower stock-based compensation and reduced legal fees.
Cash and cash equivalents totaled USD 10.1 million at June 30, 2026; management put baseline monthly cash burn at about USD 2 million to USD 2.2 million.
Operational milestones included five validation vehicles built in May and an EPA Certificate of Conformity for the 2026 Launch Edition received June 18.
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