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
Revenue	250^a	0^a
Revenue	0	175^a
Cost of revenue	-31^a	0^a
Cost of revenue	0	-3^a
Gross profit	219^a	0^a
Gross profit	0	172^a
Operating expenses	—	—
General and administrative	-30,267^a	-41,344^a
General and administrative	0	-12,861^a
Sales and marketing	-3,865^a	-1,791^a
Sales and marketing	0	-869^a
Research and development	-63,853^a	-25,722^a
Research and development	0	-14,311^a
Project development	-1,932^a	-625^a
Project development	0	-479^a
Option settlement - related party	0^a	-79,054^a
Option settlement - related party	0	0^a
Depreciation, amortization, and accretion	-81,623^a	-44,974^a
Depreciation, amortization, and accretion	0	-5,802^a
Total operating expenses	-181,540^a	-193,510^a
Total operating expenses	0	-34,322^a
Operating loss	-181,321^a	-193,510^a
Operating loss	0	-34,150^a
Other income (expense)	—	—
Interest income (expense)	31,389^a	19,473^a
Interest income (expense)	0	-30^a
Change in earnout shares liability and warrant liability	-25,656^a	26,515^a
Change in earnout shares liability and warrant liability	0	0^a
Other income (expense)	364^a	-1^a
Other income (expense)	0	4^a
Net other income (expense)	6,097^a	45,987^a
Net other income (expense)	0	-26^a
Net loss before income tax	-175,224^a	-147,523^a
Net loss before income tax	0	-34,176^a
Income tax benefit	10,580^a	5,707^a
Income tax benefit	0	0^a
Net loss after income tax	-164,644^a	-141,816^a
Net loss after income tax	0	-34,176^a
Net loss attributable to non-controlling interests	-115,453^a	-98,760^a
Net loss attributable to non-controlling interests	0	0^a
Net loss attributable to NET Power Inc.	-49,191^a	-43,056^a
Net loss attributable to NET Power Inc.	0	-34,176^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

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NET Power Inc

Financial Statements of NET Power

Verified Sources Behind NET Power’s Financial Fundamentals Data

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