Quarterly ResultJun 5, 2026, 06:51 AM
Clean Energy Technologies Reports Q3 Loss of $1.99M on Revenue of $773K
AI Summary
Clean Energy Technologies, Inc. (CETY) filed its 10-Q report for the period ending September 30, 2025. The company reported a net loss of $1,996,680 for the third quarter of 2025, an increase from the $1,285,957 loss in the same period of 2024. However, total revenue saw a substantial increase to $773,554 from $235,183 year-over-year for the quarter. For the nine-month period, total revenue decreased to $1,451,769 from $1,944,333, while the net loss widened to $3,712,941 from $3,511,254. The company's balance sheet shows growth in total assets and stockholders' equity, alongside an increase in total liabilities.
Key Highlights
- Clean Energy Technologies reported a net loss of $1,996,680 for the three months ended September 30, 2025, compared to a net loss of $1,285,957 for the same period in 2024.
- For the nine months ended September 30, 2025, the net loss was $3,712,941, compared to $3,511,254 for the same period in 2024.
- Total revenue for the three months ended September 30, 2025, was $773,554, a significant increase from $235,183 in the prior year period.
- Total revenue for the nine months ended September 30, 2025, was $1,451,769, a decrease from $1,944,333 in the prior year period.
- The company's total assets increased to $13,704,122 as of September 30, 2025, from $8,684,271 as of December 31, 2024.
- Total liabilities increased to $7,933,190 as of September 30, 2025, from $6,787,126 as of December 31, 2024.
- Stockholders' Equity increased to $5,770,932 as of September 30, 2025, from $1,897,145 as of December 31, 2024.
Price Impact
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