Aura Systems FY26 net loss narrows to $10.9 million; net revenue more than quadruples to $278,000
AUSI•Fiscal 2026 results
Aura Systems posted fiscal 2026 revenue of $278,000, more than doubled from $50,000 a year earlier.
Net loss narrowed to $10.9 million from $21.1 million, helped by lower stock-based compensation.
Engineering and R&D expense rose to about $1.6 million from $1.2 million, reflecting added engineering hires and software licenses.
SG&A fell to $2.2 million from $3.6 million, while interest expense climbed to $2.2 million from $1.8 million.
Management flagged substantial doubt about going concern; $5.2 million of notes payable and accrued interest were past due at year-end.
