For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | - | 0* | 0 | 0 |
| Cost of revenue | - | 0* | 0 | 0 |
| Goodwill impairment and other charges | - | - | - | 0 |
| Gross profit | - | 0* | 0 | 0 |
| General and administrative | 8,887,000 | 6,316,000* | 9,108,000 | 13,578,000 |
| Sales and marketing | 1,187,000 | 581,500* | 1,395,000 | 1,492,000 |
| Research and development | 19,701,000 | 22,766,500* | 24,543,000 | 26,618,000 |
| Project development | 1,004,000 | 16,534,000* | 10,032,000 | 27,198,000 |
| Impairment and other charges | 0 | -131,541,500* | 1,095,839,000 | - |
| Depreciation, amortization, and accretion | 3,413,000 | 6,513,500* | 15,580,000 | 21,669,000 |
| Total operating expenses | 34,192,000 | -78,830,000* | 1,156,497,000 | 90,555,000 |
| Operating gain | -34,192,000 | 78,830,000* | -1,156,497,000 | -90,555,000 |
| Interest income, net | 3,345,000 | 4,845,500* | 4,835,000 | 5,466,000 |
| Change in earnout shares liability and warrant liability | 5,034,000 | 84,253,000* | -9,323,000 | 1,415,000 |
| Change in tax receivable agreement liability | 0 | 21,317,000* | 0 | 0 |
| Other income | 3,000 | 500* | 2,000 | 5,000 |
| Net other income | 8,382,000 | 110,416,000* | -4,486,000 | 6,886,000 |
| Net gain before income tax | -25,810,000 | 189,246,000* | -1,160,983,000 | -83,669,000 |
| Income tax expense | 0 | -106,500* | -1,177,000 | -1,622,000 |
| Net gain after income tax | -25,810,000 | 189,352,500* | -1,159,806,000 | -82,047,000 |
| Net gain attributable to non-controlling interests | -15,953,000 | 108,520,500* | -748,308,000 | -53,905,000 |
| Net gain attributable to net power inc | -9,857,000 | 80,832,000 | -411,498,000 | -28,142,000 |
| Basic EPS | -0.12 | 0.999 | -5.28 | -0.36 |
| Diluted EPS | -0.12 | 0.999 | -5.28 | -0.36 |
| Basic Average Shares | 85,382,000 | 80,884,000 | 77,883,000 | 77,699,000 |
| Diluted Average Shares | 85,382,000 | 80,884,000 | 77,883,000 | 77,699,000 |
NET Power Inc. (NPWR-WT)
NET Power Inc. (NPWR-WT)