AYRO's 15min chart shows KDJ Death Cross, Bearish Marubozu pattern.

According to the 15-minute chart of AYRO's stock price, a KDJ Death Cross and Bearish Marubozu pattern was observed on August 20, 2025 at 13:15. This indicates a shift in momentum towards the downside, with a potential for further price decrease. Sellers are currently in control of the market, and the bearish momentum is likely to persist.

AYRO, Inc. (AYRO), a company known for its innovative electric vehicles, has released its Q3 2025 10-Q report. The report highlights significant financial and operational changes as the company transitions its business model to focus on digital asset initiatives, particularly in the stablecoin industry. This strategic shift aims to enhance stockholder value and provide a complementary revenue stream.

Financial Highlights
- Revenue: $0 million, reflecting a 100% decrease from the same period in 2024 due to a pause in manufacturing as the company focuses on re-engineering the Vanish.
- Gross Loss: $239,040, an improvement of $1,960,712 compared to the same period in 2024, primarily due to decreased impairment of inventory adjustments and reduced overhead allocations.
- Loss from Operations: $(3,761,866), an improvement of $5,413,944 compared to the same period in 2024, driven by significant cost reduction initiatives.
- Net Income (Loss): $(13,298,007), a decrease of $16,573,875 compared to the same period in 2024, largely due to changes in fair value of warrant liability and reduced interest income.
- Net Income (Loss) Per Share Basic: $(33.52), reflecting the impact of the net loss attributable to common stockholders.

Business Highlights
- Business Strategy Shift: The company has transitioned its business model to focus on digital asset initiatives, specifically targeting the acquisition of crypto tokens that capitalize on the stablecoin industry's growth.
- Product Development: The company is re-engineering its Vanish vehicle to optimize design and reduce manufacturing costs.
- Manufacturing Agreement: The company entered into a purchase agreement with Lithion Battery Inc. to acquire batteries.
- Termination of GM Partnership: General Motors LLC canceled its development projects with the company, effective August 8, 2025.
- Consulting Agreement: A consulting agreement was established with James Altucher and Z-List Media, Inc. to provide services related to fundraising, crypto portfolio management, and strategic planning.
- Authorized Share Increase: The company increased its authorized shares of common stock from 200,000,000 to 1,200,000,000.
- Reverse Stock Split: A 1-for-16 reverse stock split was effected to adjust the trading basis of the company's common stock.
- Future Outlook: The company plans to target $100 million in crypto assets, subject to available capital, market conditions, and regulatory considerations.

According to the 15-minute chart of AYRO's stock price, a KDJ Death Cross and Bearish Marubozu pattern was observed on August 20, 2025, at 13:15. This indicates a shift in momentum towards the downside, with a potential for further price decrease. Sellers are currently in control of the market, and the bearish momentum is likely to persist.

References:
[1] https://www.tradingview.com/news/tradingview:b9e1f0cdd829f:0-ayro-inc-sec-10-q-report/