---
title: "Aptera Motors - B | 8-K: FY2026 Q1 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286350836.md"
datetime: "2026-05-14T03:23:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286350836.md)
  - [en](https://longbridge.com/en/news/286350836.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286350836.md)
---

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

Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD -0.32.

#### Financial Highlights

-   **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 .
-   **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 .
-   **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 .
-   **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 .

#### Liquidity and Cash Flow

-   **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 .
-   **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 .

#### Operational Metrics

-   **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 .
-   **Validation Vehicles**: The first five validation vehicles were driven off the low-volume validation assembly line in Carlsbad subsequent to the quarter-end .
-   **Reservation Holders**: As of March 31, 2026, Aptera Motors Corp. had approximately 49,000 reservation holders for its first vehicle .
-   **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 .

#### Outlook / Guidance

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 .

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