What are NET Power's total assets?

NET Power (NPWR) holds $542.8M in total assets, down 70.5% year over year.

How much debt does NET Power have?

NET Power carries $3.6M in total debt against $205.3M of shareholders' equity, a debt-to-equity ratio of 0.02.

How much cash does NET Power have?

NET Power holds $134.3M in cash and equivalents.

Can NET Power cover its short-term obligations?

Its current ratio is 23.82 — current assets exceed current liabilities.

Where does NET Power's balance sheet data come from?

Every line is extracted from NET Power's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

NET Power NPWR Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$134.35M-55.6%	$201.86M-39.1%	$231.8M-40.4%	$286.49M-29.7%	$302.49M-29.4%
Short-term investments	$174.87M+74.9%	$0-100%	$0-100%	$100M0.0%	$100M0.0%
Restricted cash	$1.2M-51.1%	$2.43M-0.8%	$2.48M+2.1%	$2.47M+2.3%	$2.46M—
Prepaid expenses and other current assets	$2.2M+5.9%	$4.5M+153%	$2.73M+13.3%	$3.38M+43.8%	$2.08M+38.6%
Accrued investment income	$845K-83.5%	$1.38M-62.6%	$1.47M-37.7%	$1.73M+113%	$5.13M+1,275%
Total current assets	$311.06M-37.5%	$343.76M-33.0%	$369.59M-34.5%	$408.51M-29.9%	$497.92M-17.0%
Property and equipment, net	$40.56M-59.5%	$32.76M-78.4%	$16.35M-87.5%	$96.6M-10.5%	$100.04M-1.0%
Accumulated depreciation	$1.69M-93.5%	$965K-95.5%	$244K-98.5%	$30.61M+127%	$25.98M+152%
Total property and equipment, gross	$42.25M-66.5%	$33.72M-80.5%	$16.59M-88.8%	$127.2M—	$126.02M—
Operating lease right-of-use assets	$45K-87.1%	$45K-98.3%	$45K-87.1%	$349K-82.7%	$349K-83.5%
Intangible assets, net	$179.06M-85.4%	$181.57M-85.4%	$184.05M-85.4%	$1.21B-5.2%	$1.22B-5.1%
Deferred tax assets	$0-100%	$0-100%	$1.9M-88.4%	$3.08M-90.1%	$4.7M-91.1%
Other non-current assets	$146K-84.0%	$387K-40.6%	$694K+19.0%	$667K+58.8%	$915K—
Available-for-sale securities	$10.28M+2.3%	$38.24M+69.0%	$56.14M+205%	$68.91M+151%	$10.05M-63.8%
Total assets	$542.82M-70.5%	$599.7M-73.9%	$629.9M-73.0%	$1.79B-24.1%	$1.84B-24.8%
Accounts payable	$346K-59.2%	$1.44M-53.5%	$1.31M-63.9%	$1.05M-47.3%	$849K-68.2%
Accrued expenses	$559K-66.4%	$1.19M+11.5%	$2.49M+124%	$1.25M-4.2%	$1.66M+67.7%
Accrued compensation	$643K-35.2%	$3.35M+14.8%	$2.48M-7.9%	$1.6M-9.6%	$992K+21.1%
Current portion of long-term debt	$81K-56.7%	$127K-32.1%	$172K-8.0%	$187K—	$187K—
Operating lease liabilities, current	$1.08M+60.5%	$1.07M+57.2%	$1.07M+117%	$1.03M+174%	$674K+85.2%
Finance Lease Liability, Current	$81K-56.7%	$127K-32.1%	$172K-8.0%	$187K—	$187K—
Total current liabilities	$13.06M-38.9%	$47.47M+165%	$22.29M-17.2%	$41.83M+187%	$21.37M+103%
Operating lease liabilities, non-current	$2.39M+30.5%	$2.58M+21.6%	$2.78M+19.4%	$2.99M+83.6%	$1.83M+5.8%
Finance Lease Liabilities (Total)	——	$127K-57.2%	——	——	——
Operating Lease Liabilities (Total)	——	$3.66M+30.3%	——	——	——
Asset retirement obligations	$3.69M+10.2%	$3.6M+10.2%	$3.51M+60.2%	$3.43M+59.7%	$3.35M+59.1%
Total liabilities	$5.82M-85.6%	$10.85M-91.8%	$47.41M-47.8%	$59M-49.1%	$40.39M-73.0%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Additional paid-in capital	$909.83M+4.3%	$898.43M+16.4%	$818.66M-3.6%	$879.65M+8.2%	$872.55M+18.3%
Retained earnings	-$704.53M-199%	-$694.67M-499%	-$675.03M-726%	-$263.54M-219%	-$235.39M-201%
Accumulated other comprehensive income (loss)	$1K-97.4%	$129K+303%	$119K+6.3%	$61K+191%	$38K-83.0%
Redeemable noncontrolling interests	$312.55M-73.1%	$331.3M-78.0%	$438.73M—	$1.11B—	$1.16B-29.0%
Total stockholders' equity	$205.33M-67.8%	$203.9M-68.9%	$143.76M-81.3%	$616.2M-15.6%	$637.21M-3.4%
Total liabilities and stockholders' equity	$542.82M-70.5%	$599.7M-73.9%	$629.9M-73.0%	$1.79B-24.1%	$1.84B-24.8%
Available For Sale Securities Debt Securities Current	$174.87M+92.9%	$138.46M+76.7%	$136.08M+86.7%	$119.37M+60.8%	$90.68M+31.1%
Deferred Tax Assets and Other Non-Current Assets	$146K-84.0%	$387K-40.6%	$694K+19.0%	$667K+58.8%	$915K—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	$10.38M-84.6%	——	$10.45M-84.5%	$67.54M+0.3%	$67.49M+0.4%
Finite Lived Intangible Assets - Gross	$185.16M-86.3%	$185.08M-86.3%	$184.91M-86.3%	$1.35B+0.1%	$1.35B—
Net Investment in Lease	$514K-80.2%	$551K-79.6%	$589K-78.7%	$4.03M+100%	$2.6M+22.6%
Long-term marketable securities	$10.28M+2.3%	$38.24M+69.0%	$56.14M+205%	$68.91M+151%	$10.05M-63.8%
Intangible assets — net	$179.06M-85.4%	$181.57M-85.4%	$184.05M-85.4%	$1.21B-5.2%	$1.22B-5.1%
Other intangible assets—net	$179.06M-85.4%	$181.57M-85.4%	$184.05M-85.4%	$1.21B-5.2%	$1.22B-5.1%
Operating lease right-of-use assets	$514K-80.2%	$551K-79.6%	$589K-78.7%	$4.03M+100%	$2.6M+22.6%
Other non-current assets	$146K-84.0%	$387K-40.6%	$694K+19.0%	$667K+58.8%	$915K—
Property, plant and equipment, net	$40.56M-59.5%	$32.76M-78.4%	$16.35M-87.5%	$96.6M—	$100.04M—
Operating Lease Right-of-Use Assets in Other Assets	$514K-80.2%	$551K-79.6%	$589K-78.7%	$4.03M+100%	$2.6M+22.6%
Software and Technology Licenses, Net	$146K-84.0%	$387K-40.6%	$694K+19.0%	$667K+58.8%	$915K—
Other Commercial Liabilities	$4.44M-56.4%	$7.57M-44.5%	$11.46M-36.5%	$10.09M-15.7%	$10.17M+41.1%
Accrued Liabilities, Current	$4.44M-56.4%	$7.57M-44.5%	$11.46M-36.5%	$10.09M-15.7%	$10.17M+41.1%
Other accrued liabilities	$7.11M-25.0%	$37.26M+11,365%	$8.22M+1,935%	$29.46M+12,708%	$9.49M+3,041%
Professional Service Fees Payable	$887K-30.2%	$1.62M+41.5%	$2.63M+90.7%	$1.83M+830%	$1.27M+427%
Restructuring Reserve	$1.32M—	$0—	——	——	——
Accrued taxes and other expenses	$4.44M-56.4%	$7.57M+2.1%	$11.46M-36.5%	$10.09M-15.7%	$10.17M+41.1%
Total debt	$3.55M+28.6%	$3.91M+18.8%	$4.01M+26.7%	$4.23M+111%	$2.76M+31.9%
Convertible Preferred Stock Authorized Shares	1M0.0%	1M0.0%	1M—	1M—	1M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.00—	$0.00—	$0.000.0%
Fair Value Measurement Disclosure	$3.49M-45.5%	$6.54M-87.5%	$10.52M-42.3%	$4.82M-86.7%	$6.4M-86.4%
Capital expenditures	$714K-71.9%	$410K-82.1%	$676K-90.9%	$673K-81.9%	$2.54M—
Accrued Professional Fees Current And Noncurrent	$887K-30.2%	$1.62M+41.5%	$2.63M+90.7%	$1.83M+830%	$1.27M+427%
Accrued project expenses	$61K-98.4%	$460K—	$3.18M—	$4.74M—	$3.71M—
Asset Retirement Obligation	$3.69M+10.2%	$3.6M+10.2%	$3.51M+60.2%	$3.43M+59.7%	$3.35M+59.1%
Clean gas product, maximum power (in gigawatts)	1—	——	——	——	——
Debt Securities, Available-for-sale, Amortized Cost, Noncurrent	$10.28M+2.7%	$38.04M+68.8%	$55.9M+207%	$68.73M+150%	$10M-63.7%
Amortized cost of available-for-sale debt securities, current	$174.77M+93.0%	$138.24M+76.6%	$135.91M+86.9%	$119.31M+60.5%	$90.55M+31.7%
Unrealized gain, current	$107K—	$226K—	——	——	——
Unrealized gain, noncurrent	$11K—	$207K—	——	——	——
Unrealized loss, noncurrent	-$7K—	$0—	——	——	——
Unrealized loss, current	-$12K—	$0—	——	——	——
Current maturities of long-term debt	$81K-56.7%	$127K-32.1%	$172K-8.0%	$187K—	$187K—
Property, plant and equipment	$45K-87.1%	$45K-87.1%	$45K-87.1%	$349K—	$349K—
2031 and thereafter	$129.09M-85.7%	——	$139.46M—	$903.75M—	$903.81M—
Finite-Lived Intangible Assets, Accumulated Amortization	$6.11M-95.0%	$3.51M-96.7%	$862K-99.0%	$138.88M+94.6%	$121.92M—
2028	$10.59M-84.3%	——	$10.49M-84.4%	$67.72M+0.6%	$67.64M+0.6%
2030	$10.38M-84.6%	——	$10.45M-84.5%	$67.54M+0.3%	$67.49M+0.4%
Remainder of 2026	$7.96M-84.3%	——	$2.64M-84.3%	$33.86M+0.4%	$50.73M+0.6%
2027	$10.56M-84.4%	——	$10.49M-84.4%	$67.72M+0.6%	$67.64M+0.6%
2029	$10.48M-84.5%	——	$10.52M-84.4%	$67.72M+0.6%	$67.64M+0.6%
Gross Carrying Amount	$185.16M-86.3%	$185.08M-86.3%	$184.91M-86.3%	$1.35B+0.1%	$1.35B—
Franchise tax	$259K—	$546K—	——	——	——
Interest receivable on interest rate and cross currency swaps	$845K-83.5%	$1.38M-62.6%	$1.47M-37.7%	$1.73M+113%	$5.13M+1,275%
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$0—	$0—	$00.0%
Preferred Stock, Shares Authorized	$1M0.0%	$1M0.0%	$1M—	$1M—	$1M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Redeemable noncontrolling interests in subsidiaries	$312.55M-73.1%	$331.3M-78.0%	$438.73M-70.3%	$1.11B-26.2%	$1.16B-29.0%
Restructuring Reserve	$1.32M—	$0—	——	——	——
Tax Receivable Agreement, Liability	——	$0-100%	$0-100%	$0-100%	$21.3M+111%
Warrant liability	$5.82M-35.3%	$10.85M-86.7%	$16.93M-39.0%	$7.64M-86.0%	$8.99M-87.2%
Remainder of Fiscal Year 2024	$7.96M-84.3%	——	$2.64M-84.3%	$33.86M+0.4%	$50.73M+0.6%
Remainder of Fiscal Year 2025	$7.96M-84.3%	——	$2.64M-84.3%	$33.86M+0.4%	$50.73M+0.6%

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Questions, answered.

What are NET Power's total assets?: NET Power (NPWR) holds $542.8M in total assets, down 70.5% year over year.
How much debt does NET Power have?: NET Power carries $3.6M in total debt against $205.3M of shareholders' equity, a debt-to-equity ratio of 0.02.
How much cash does NET Power have?: NET Power holds $134.3M in cash and equivalents.
Can NET Power cover its short-term obligations?: Its current ratio is 23.82 — current assets exceed current liabilities.
Where does NET Power's balance sheet data come from?: Every line is extracted from NET Power's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.