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NET Power NPWR Change in Earnout Shares liability and Warrant liability

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Other financials

Income statement

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Revenue-
Gross profit-
Operating income-$34.2M+92.8%
Net income-$9.9M+91.7%
EPS (diluted)-$0.12+92.3%

Balance sheet

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Cash & equivalents$134.3M-55.6%
Total debt$3.6M+28.6%
Total equity$205.3M-67.8%
Total assets$542.8M-70.5%

Cash flow

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Operating cash flow-$51.1M-151%
CapEx$8.2M-8.2%
Free cash flow-$59.3M-102%

Valuation

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Market cap$147.6M-21.2%
Enterprise value$16.8M-115%

Profitability

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Gross margin91.7%+4.3pp
Operating margin-5,523,266.7%-5,662,660pp
Net margin-1,508,283.3%-1,547,773pp
FCF margin-1,076,558.3%-1,129,620pp

Returns & leverage

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Return on equity-111.4%-154pp
Debt / equity0.0×
Current ratio23.8×+0.5×

Where this comes from

Reported directly by NET Power in its filing.

Tagged under the XBRL concept npwr:GainLossOnChangeInEarnoutSharesLiability.

The official record: NET Power’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NET Power's change in earnout shares liability and warrant liability?
NET Power (NPWR) reported change in earnout shares liability and warrant liability of $5.03M in Q1 2026.
How has NET Power's change in earnout shares liability and warrant liability changed year-over-year?
NET Power's change in earnout shares liability and warrant liability decreased by 93.2% year-over-year, from $74.17M to $5.03M.
What does change in earnout shares liability and warrant liability mean?
Reflects the non-cash periodic adjustment to the fair value of contingent consideration obligations related to earnout shares and warrants issued to stakeholders. These fluctuations are driven by changes in the company's stock price and volatility assumptions rather than operational performance. Investors track this to isolate the impact of financial instrument revaluations from core business profitability.