Applied Energetics

"Innovative Ultrafast Lasers and Particle Beam Systems"

Applied Energetics Reports First Quarter 2012 Financial Results


TUCSON, Arizona. - May 11, 2012 - Applied Energetics, Inc., (AERG.OB) reported summary financial results for the three months ended March 31, 2012. .

First Quarter 2012 Summary Financial Results

Revenue was $399,000 for the three months ended March 31, 2012 compared to $2.8 million for the three months ended March 31, 2011. Revenues from the C-IED product line decreased by $1.7 million to $0 as the Company completed all deliverables and testing required in the second quarter of 2011, LGE revenues decreased by $495,000 to $212,000, Laser revenues decreased by $146,000 to $0 and High Voltage revenues decreased by $45,000 to $187,000 for the three months ended March 31, 2012 compared to the three months ended March 31, 2011.

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