What is Evolution Metals & Technologies Corp. 's work in process?

Evolution Metals & Technologies Corp. (EMAT) reported work in process of $592K in Q1 2026.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Evolution Metals & Technologies Corp. EMAT Work in process

Work in process at other companies

SSR MiningSSRM

$9.36M+50.2%

MP MaterialsMP

——

Element SolutionsESI

——

NewmontNEM

——

Commercial MetalsCMC

——

Other financials

Income statement

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Revenue$1.9M—

Gross profit$445.0K—

Operating income-$15.7M-459%

Net income-$440.3M-2,347%

EPS (diluted)-$0.72-1,700%

Balance sheet

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Cash & equivalents$5.4M+44.7%

Total debt$6.8M—

Total equity-$24.8M-118%

Total assets$85.6M+592%

Cash flow

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Operating cash flow-$5.6M-170%

CapEx$24.0K—

Free cash flow-$5.6M—

Valuation

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Market cap$4.41B—

Returns & leverage

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Current ratio0.1×+0.1×

Where this comes from

Reported directly by Evolution Metals & Technologies Corp. in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: Evolution Metals & Technologies Corp. ’s 10-Q, filed May 22, 2026, on SEC EDGAR. View the filing →

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What is Evolution Metals & Technologies Corp. 's work in process?: Evolution Metals & Technologies Corp. (EMAT) reported work in process of $592K in Q1 2026.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.