Aura Systems FY26 net loss narrows to $10.9 million; net revenue more than quadruples to $278,000

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

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