For the quarter ending 2026-03-31, NPWR had -$67,508K decrease in cash & cash equivalents over the period. -$59,304K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Goodwill impairment and other charges | - | - | - | 415,897 |
| Net loss before income tax | -25,810 | -57,988 | -1,159,806 | -455,633 |
| Depreciation, amortization, and accretion | 3,413 | 3,451 | 15,580 | 43,356 |
| Impairment and other charges | 0 | 482 | 1,511,735 | - |
| Non-cash income | 937 | 799 | 658 | 1,025 |
| Deferred taxes | 0 | 1,902 | 1,177 | 1,227 |
| Change in fair value of earnout shares liability and warrant liability | -5,034 | -6,134 | 9,323 | -75,580 |
| Change in tax receivable agreement liability | 0 | 0 | 0 | 21,317 |
| Share-based compensation expense | 8,841 | 10,675 | 11,656 | 24,103 |
| Accounts receivable, net | - | 0 | 0 | 0 |
| Interest receivable | -563 | -94 | -440 | -2,896 |
| Prepaid expenses and other current assets | -2,294 | 1,769 | -653 | 1,606 |
| Other long-term assets | -241 | -307 | 27 | 15 |
| Accounts payable | -1,091 | 123 | 269 | -2,047 |
| Accrued liabilities | -3,431 | -9,596 | 1,140 | 4,302 |
| Due to related parties | -30,152 | 35,252 | -21,237 | 22,922 |
| Net cash used in operating activities | -51,103 | -27,804 | -48,006 | -44,974 |
| Maturities of short-term investments | - | 0 | 0 | 100,000 |
| Purchases of available-for-sale securities | 81,422 | 29,600 | 25,814 | 130,602 |
| Maturities of available-for-sale securities | 73,400 | 45,803 | 22,495 | 43,350 |
| Purchase of property, plant and equipment | 8,201 | 18,085 | 3,106 | 12,023 |
| Capitalized software | 109 | 188 | 201 | 834 |
| Net cash used in investing activities | -16,332 | -2,070 | -6,626 | -109 |
| Exercise of warrants | - | -157 | 157 | 0 |
| Issuance of class a common stock under share-based compensation plans | 160 | 141 | - | - |
| Payment of tax withholdings on vested share-based payment awards | 184 | 0 | 172 | - |
| Payments on finance lease obligations | 49 | 50 | 50 | 99 |
| Tax-related partnership distribution | - | 0 | - | - |
| Net cash used in financing activities | -73 | -66 | -65 | -99 |
| Net decrease in cash, cash equivalents, and restricted cash | -67,508 | -29,940 | -54,697 | -45,182 |
| Cash, cash equivalents, and restricted cash, beginning of period | 201,857 | 231,797 | 331,676 | - |
| Cash, cash equivalents, and restricted cash, end of period | 134,349 | 201,857 | 231,797 | - |
NET Power Inc. (NPWR)
NET Power Inc. (NPWR)