Quarterly ResultJun 5, 2026, 06:41 AM

Clean Energy Technologies Reports Q1 Net Loss of $660,058

AI Summary

Clean Energy Technologies, Inc. filed its 10-Q report for the period ending March 31, 2025. The company reported a net loss of $660,058, an improvement from the $1,406,555 net loss in the prior year period. However, total revenue significantly decreased to $441,940 from $1,513,026 year-over-year. Despite the revenue decline, gross profit increased to $411,878. The company also noted a decrease in total stockholders' equity and an increase in total liabilities.

Key Highlights

Clean Energy Technologies reported a net loss of $660,058 for the three months ended March 31, 2025, compared to a net loss of $1,406,555 for the same period in 2024.
Total revenue for the three months ended March 31, 2025, was $441,940, a decrease from $1,513,026 in the prior year period.
Gross profit for the three months ended March 31, 2025, was $411,878, an increase from $253,005 in the prior year period.
Net loss per common share was ($0.21) for the three months ended March 31, 2025, compared to ($0.54) for the same period in 2024.
Total assets as of March 31, 2025, were $8,965,691, an increase from $8,684,271 as of December 31, 2024.
Total liabilities as of March 31, 2025, were $7,329,849, an increase from $6,787,126 as of December 31, 2024.
Stockholders' equity as of March 31, 2025, was $1,635,842, a decrease from $1,897,145 as of December 31, 2024.

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Clean Energy Technologies, Inc.

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