NPWR (NPWR) financial statements
NPWR reported revenue of $0 in fiscal 2025, down 56.9% a year over 1 years.
Net income was -$579M.
Free cash flow was -$155M.
The diluted share count rose 2029% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NPWR's 10-K filings with the SEC.
| Fiscal year | 2022 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $580,000 | $250,000 | $0 |
| Cost of revenue | — | $31,000 | $0 |
| Gross profit | $305,000 | $219,000 | $0 |
| Research and development | — | $64M | $100M |
| Selling, general and admin | $7M | $34M | $45M |
| Operating income | -$50M | -$181M | -$1.8B |
| Pre-tax income | — | -$175M | -$1.7B |
| Income tax | $0 | -$11M | -$4M |
| Net income | -$55M | -$49M | -$579M |
| EPS (diluted) | -$14.79 | -$0.67 | -$7.34 |
| Diluted shares | 4M | 73M | 79M |
| Gross margin | 52.6% | 87.6% | — |
| Operating margin | -8625.0% | -72528.4% | — |
| Net margin | -9444.5% | -19676.4% | — |
Balance sheet
Fiscal years, from NPWR's 10-K filings with the SEC.
| Fiscal year | 2022 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $5M | $408M | $338M |
| Receivables | $352,000 | $0 | — |
| Total current assets | $7M | $513M | $344M |
| Property, plant and equipment | $70M | $151M | $33M |
| Goodwill | $0 | $360M | $0 |
| Total assets | $78M | $2.3B | $600M |
| Total current liabilities | $8M | $18M | $47M |
| Total liabilities | $14M | $132M | $64M |
| Shareholders' equity | -$39M | $656M | $204M |
| Net debt | -$5M | -$329M | -$199M |
Cash flow
Fiscal years, from NPWR's 10-K filings with the SEC.
| Fiscal year | 2022 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | -$17M | -$32M | -$121M |
| Capital spending | $115,000 | $70M | $34M |
| Free cash flow | -$17M | -$102M | -$155M |
| Stock-based compensation | $13M | $34M | $46M |
| Net borrowing | -$8M | — | — |
| Free cash flow margin | -2887.1% | -40601.2% | — |
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Open NPWR in InvestinglyQuestions
What was NPWR's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
How much free cash flow does NPWR generate?
-$155M in fiscal 2025 (operating cash flow minus capital spending).
From NPWR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.