NET Power Inc. (NPWR)
NYSE: NPWR · Electrical Industrial Apparatus · Durham, NC · filing with the SEC since 2021
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Mar 9, 2026 | Mar 10, 2025 | Mar 11, 2024 | Mar 2, 2023 | Mar 30, 2022 |
| Revenue | 0 | 250,000 | · | 580,000 | · |
| Cost of revenue | 0 | 31,000 | · | · | · |
| Gross profit | 0 | 219,000 | · | 305,000 | · |
| Research and development | 99,508,000 | 63,853,000 | · | · | · |
| Sales and marketing | 4,912,000 | 3,865,000 | · | 801,000 | · |
| General and administrative | 40,345,000 | 30,267,000 | · | 5,796,015 | · |
| Total operating expenses | 1,791,748,000 | 181,540,000 | · | 50,330,000 | · |
| Operating income | -1,791,748,000 | -181,321,000 | · | -50,025,000r | · |
| Interest and investment income | · | · | · | 4,898,432 | · |
| Interest income (expense), net | 20,297,000 | 31,389,000 | · | · | · |
| Other income (expense), net | 11,000 | 364,000 | · | 38,000 | · |
| Total non-operating income (expense) | 114,016,000 | 6,097,000 | · | -4,753,000 | · |
| Income before income taxes | -1,677,732,000 | -175,224,000 | · | · | · |
| Income tax expense | -4,305,000 | -10,580,000 | · | 0 | · |
| Net income including non-controlling interests | -1,673,427,000 | -164,644,000 | · | -54,778,000r | · |
| Net income to non-controlling interests | -1,094,799,000 | -115,453,000 | · | 0r | · |
| Net income | -578,628,000 | -49,191,000 | · | -54,778,000r | · |
| Net income to common shareholders | · | · | · | -54,778,000 | · |
| Earnings per share, basic | -7.34 | -0.67 | · | -14.79 | · |
| Earnings per share, diluted | -7.34 | -0.67 | · | -14.79 | · |
| Weighted average shares, basic | 78,822,000 | 73,397,000r | · | 3,702,803 | · |
| Weighted average shares, diluted | 78,822,000 | 73,397,000r | · | 3,702,803 | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding