Clean Energy Technologies, Inc. (CETY) reported a net loss of $6.8 million for the fiscal year ending December 31, 2025, an increase from a loss of $4.6 million in 2024. The company's total revenue decreased to $2.16 million from $2.42 million in the previous year. The decline in revenue was attributed to lower sales in the Waste to Energy segment, which fell to $485,000 from $1.06 million, primarily due to delays in project execution and revenue recognition. In contrast, revenue from the Heat Recovery Solutions segment increased significantly to $504,000, up from $158,000, driven by higher project activity and improved timing of revenue recognition.

CETY's operational performance showed some improvement, with the loss from operations decreasing to approximately $2.5 million from $3.3 million in 2024. This improvement was largely due to strategic expansions into higher-margin waste-to-energy opportunities and enhanced operational efficiencies. The company also reported a gross profit of $596,000, down from $847,000 in the previous year, reflecting the impact of lower revenues and changes in project execution.

In terms of strategic developments, CETY made significant organizational changes, including the disposal of its 49% equity interest in Sichuan Hongzuo Shuya Energy Limited (Shuya) in December 2025. This divestiture was part of a broader strategy to focus on core clean energy technologies and exit natural gas trading operations in China. The company recognized a gain of $318,426 from this disposal, which contributed positively to its financial results.

CETY's operational metrics indicated a total of 15 employees as of December 31, 2025, with a focus on enhancing its engineering and consulting services. The company is also pursuing project-level financing for its Vermont Renewable Gas project and other clean energy initiatives. Looking ahead, CETY aims to improve its financial position by obtaining additional debt and equity financing, while also implementing cost-reduction initiatives to enhance operational efficiencies. However, the company faces substantial doubt about its ability to continue as a going concern, as indicated by its accumulated deficit of $35.3 million and ongoing cash flow challenges.

About Clean Energy Technologies, Inc.

Clean Energy Technologies, Inc. develops and markets renewable energy solutions, including waste heat recovery, waste-to-energy systems, and natural gas trading. Its core offerings include patented Organic Rankine Cycle systems, pyrolysis-based waste processing, and engineering services for industrial and municipal clients worldwide. The company focuses on environmentally friendly, cost-efficient technologies to reduce emissions, lower energy costs, and generate renewable fuels and electricity across North America, Europe, and Asia.

This description was generated via AI from an annual report. Updated 9 months ago.

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