NET Power Inc

Common Name

NET Power

Country

United States

Sector

Industrials

Industry

Specialty Industrial Machinery

Employees

Ticker

NPWR

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

netpower.com

Description

Net Power Inc. is an innovative energy technology company, primarily focused on revolutionizing electricity generation. The company's flagship technology involves an advanced natural gas turbine syste... Show more

Financial Statements of NET Power

Below are the financial statements of NET Power, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in thousands of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	329,230^a	536,927^a
Short-term investments	100,000^a	100,000^a
Investments in securities, available-for-sale	78,344^a	0^a
Accounts receivable, net	0^a	58^a
Interest receivable	3,682^a	1,942^a
Prepaid expenses and other current assets	1,774^a	1,870^a
Total current assets	513,030^a	640,797^a
Long-term assets	—	—
Restricted cash	2,446^a	0^a
Investments in securities, available-for-sale	22,628^a	0^a
Intangible assets, net	1,241,343^a	1,307,265^a
Goodwill	359,847^a	423,920^a
Property, plant, and equipment, net	151,470^a	96,856^a
Operating lease right-of-use assets	2,699^a	2,212^a
Other long-term assets	652^a	0^a
Total assets	2,294,115^a	2,471,050^a
Current liabilities	—	—
Accounts payable	3,092^a	617^a
Accrued liabilities	13,619^a	10,915^a
Due to related parties	325^a	142^a
Operating lease liabilities, current portion	683^a	347^a
Finance lease liabilities, current portion	187^a	0^a
Total current liabilities	17,906^a	12,021^a
Liabilities, mezzanine, and shareholders' equity	—	—
Earnout shares liability	1,958^a	1,671^a
Warrant liability	81,283^a	55,920^a
Asset retirement obligation	3,265^a	2,060^a
Non-current operating lease liabilities	2,125^a	1,808^a
Non-current finance lease liabilities	110^a	0^a
Tax receivable agreement liability	20,974^a	8,937^a
Deferred taxes	4,306^a	57,719^a
Total liabilities	131,927^a	140,136^a
Redeemable non-controlling interests in subsidiary	1,506,584^a	1,545,905^a
Shareholders' equity	—	—
Preferred stock	0^a	0^a
Class A common stock	8^a	7^a
Class B common stock	14^a	14^a
Additional paid-in capital	771,594^a	851,841^a
Accumulated other comprehensive loss	32^a	0^a
Accumulated deficit	-116,044^a	-66,853^a
Total shareholders' equity	655,604^a	785,009^a
Total liabilities, mezzanine shareholders' equity and shareholders' equity	2,294,115^a	2,471,050^a

Verified Sources Behind NET Power’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore NET Power’s data sources below and access millions more through our Disclosure Search.

a. NET Power's 10-K 2024

Trace every data point back to NET Power’s disclosures

Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.

Real-Time & Standardized Financials

Access Standardized Financial Statements within Minutes of Disclosure

At Tracenable, we're exploring the launch of real-time standardized financial datafeeds and APIs covering global equities. Unlike limited and inconsistent XBRL parsing, our approach aims to deliver clean, comparable, and fully traceable data seconds after publication.

Could this solution support your investment or analytical workflows?

Explore Peer Companies

Welcome Back to Tracenable

Sign in to your account

NET Power Inc

Financial Statements of NET Power

Verified Sources Behind NET Power’s Financial Fundamentals Data

Access Standardized Financial Statements within Minutes of Disclosure

Explore Peer Companies

Middleby Corp

Enerpac Tool Group Corp

Cummins Inc

Generac Holdings Inc

ITT Inc

Xylem Inc