Based on the 15-minute chart of AYRO, a bearish signal has been detected, indicated by a KDJ Death Cross and a Bearish Marubozu pattern on August 13, 2025 at 16:00. This suggests a shift in momentum towards the downside, with potential for further decreases in stock price. Sellers are currently in control of the market, and the bearish momentum is likely to persist.
AYRO Inc., a company known for its innovative electric vehicles, has released its Q3 2025 10-Q report, highlighting significant financial and operational changes as the company transitions its business model to focus on digital asset initiatives, particularly in the stablecoin industry. The report, filed on August 14, 2025, reveals a 100% decrease in revenue to $0 million, primarily due to a pause in manufacturing while the company re-engineers its Vanish vehicle.
Financial Highlights:
- Revenue: $0 million
- Gross Loss: $239,040 (improvement of $1,960,712 compared to the same period in 2024)
- Loss from Operations: $(3,761,866) (improvement of $5,413,944 compared to the same period in 2024)
- Net Income (Loss): $(13,298,007) (decrease of $16,573,875 compared to the same period in 2024)
The company's transition to digital asset initiatives, particularly stablecoins, is evident in its strategic shift. AYRO has entered into a purchase agreement with Lithion Battery Inc. and established a consulting agreement with James Altucher and Z-List Media, Inc. to support its new business model. Additionally, the company has increased its authorized shares of common stock from 200,000,000 to 1,200,000,000 and effected a 1-for-16 reverse stock split.
Business Highlights:
- Business Strategy Shift: Focus on digital asset initiatives, particularly stablecoins.
- Product Development: Re-engineering the Vanish vehicle to optimize design and reduce manufacturing costs.
- Manufacturing Agreement: Purchase agreement with Lithion Battery Inc.
- Termination of GM Partnership: General Motors LLC canceled its development projects with AYRO.
- Consulting Agreement: Established with James Altucher and Z-List Media, Inc.
- Authorized Share Increase: From 200,000,000 to 1,200,000,000
- Reverse Stock Split: 1-for-16
Future Outlook:
AYRO plans to target $100 million in crypto assets, subject to available capital, market conditions, and regulatory considerations.
In addition to the financial report, a bearish signal has been detected in the 15-minute chart of AYRO, indicated by a KDJ Death Cross and a Bearish Marubozu pattern on August 13, 2025, at 16:00. This suggests a shift in momentum towards the downside, with potential for further decreases in stock price. Sellers are currently in control of the market, and the bearish momentum is likely to persist.
[1] https://www.tradingview.com/news/tradingview:b9e1f0cdd829f:0-ayro-inc-sec-10-q-report/
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