The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -19,629,633 |
| Depreciation and amortization | 8,576,502 |
| Amortization of debt discount | 60,000 |
| Stock-based compensation | 6,397,925 |
| Class a common stock issued to employees for services | 100,698 |
| Provision for credit losses | 3,359,588 |
| Deferred taxes | 238,491 |
| Non-cash operating lease expense | 641,863 |
| Accounts receivable | 2,218,236 |
| Accounts receivable related parties | 420,145 |
| Inventories | -20,291 |
| Contract assets | 1,509,572 |
| Prepaids and other current assets | 1,076,486 |
| Other assets | 2,180 |
| Interest receivable related parties | 153,485 |
| Accounts payable | 2,753,886 |
| Accrued expenses and other current liabilities | -1,996,262 |
| Accrued expenses and other current liabilities related parties | -3,309,832 |
| Contract liabilities | 1,099,786 |
| Contract liabilities related parties | -2,000 |
| Operating lease payments | -664,900 |
| Gain on change in fair value of warrant liabilities | -957,720 |
| Gain on disposal of fixed assets | 0 |
| Net cash used in operating activities | -8,691,421 |
| Purchases of property and equipment | 1,223,400 |
| Cash acquired in the acquisition of heliogen | 14,596,267 |
| Investment in note receivable related party | 0 |
| Cash paid in the asset acquisition of lumio | 0 |
| Net cash provided by (used in) investing activities | 13,372,867 |
| Repayments of finance lease liabilities | 128,311 |
| Repayments of debt | 3,256,424 |
| Dividends paid to opco class a preferred unit holders | 621,063 |
| Tax withholdings paid related to stock-based compensation | 166,929 |
| Net proceeds from the issuance of convertible preferred stock | 0 |
| Proceeds from the issuance of class a common stock in a private placement | 0 |
| Net proceeds from the issuance of convertible promissory note | 0 |
| Distributions to members | 0 |
| Net cash (used in) provided by financing activities | -4,172,727 |
| Effect on foreign exchange on cash | -4,895 |
| Net change in cash and cash equivalents | 503,824 |
| Cash and cash equivalents, beginning of period | 5,634,115 |
| Cash and cash equivalents, end of the period | 6,137,939 |
Zeo Energy Corp. (ZEO)
Zeo Energy Corp. (ZEO)