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NET Power Inc. (NPWR)

For the quarter ending 2025-06-30.

Overview

Net Income
-$28,142K
EPS
-$0.36
Unit: Thousand (K) dollars

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue- - 12 238
Cost of revenue- - 1 30
Gross profit- - 11 208
Depreciation, amortization and accretion- - 20,210 20,047
Sales and marketing1,492 1,187 1,032 876
Research and development26,618 22,600 17,173 15,088
Goodwill impairment and other charges- 415,897 - -
General and administrative13,578 8,691 8,418 7,760
Depreciation, amortization, and accretion21,669 21,688 - -
Project development27,198 4,490 233 869
Total operating expenses90,555 474,553 47,256 45,062
Operating loss-90,555 -474,553 -47,245 -44,854
Change in earnout shares liability and warrant liability- 74,165 27,690 16,249
Other income5 2 3 6
Interest income5,466 5,880 7,992 9,029
Change in tax receivable agreement liability- 21,317 - -
Change in earnout shares liability and warrant liability1,415 - - -
Net other income6,886 101,364 35,685 25,284
Net loss before income tax-83,669 -373,189 -11,560 -19,570
Income tax benefit-1,622 397 -4,746 -2,353
Net loss after income tax-82,047 -373,586 -6,814 -17,217
Net loss attributable to non-controlling interests-53,905 -254,236 -7,632 -12,949
Net loss attributable to net power inc-28,142 -119,350 818 -4,268
Loss per share of class a common stock, basic (in dollars per share)-0.36 -1.55 0.01 -0.06
Loss per share of class a common stock, diluted (in dollars per share)-0.36 -1.55 0.01 -0.06
Weighted average shares of class a common stock, basic (in shares)77,699,000 76,997,000 73,536,697 72,177,137
Weighted average shares of class a common stock, diluted (in shares)77,699,000 76,997,000 73,536,697 72,177,137
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net lossattributable to net power inc-$28,142K (-559.37%↓ Y/Y)Net lossattributable to...-$53,905K (-316.29%↓ Y/Y)Net loss afterincome tax-$82,047K (-376.55%↓ Y/Y)Income tax benefit-$1,622K (31.07%↑ Y/Y)Change in earnoutshares liability and...$1,415K Interest income$5,466K (-39.46%↓ Y/Y)Other income$5K (-16.67%↓ Y/Y)Net loss beforeincome tax-$83,669K (-327.54%↓ Y/Y)Net other income$6,886K (-72.77%↓ Y/Y)Operating loss-$90,555K (-101.89%↓ Y/Y)Total operatingexpenses$90,555K (100.96%↑ Y/Y)Project development$27,198K (3029.80%↑ Y/Y)Depreciation, amortization,and accretion$21,669K General andadministrative$13,578K (74.97%↑ Y/Y)Research and development$26,618K (76.42%↑ Y/Y)Sales and marketing$1,492K (70.32%↑ Y/Y)