Waste Energy Corp. reported its financial results for the second quarter of 2025, revealing a total revenue of $166,667, primarily from consulting services. This marks a significant increase compared to the same period in 2024, when the company reported no revenue. The company’s operating expenses for the first half of 2025 were $129,111, a substantial decrease from $967,897 in the prior year, largely due to reduced stock-based compensation and other administrative costs. As a result, the net loss from operations improved to $37,556, compared to a loss of $967,897 in the same period last year.

The company’s total liabilities as of June 30, 2025, stood at $5,093,687, up from $3,206,371 at the end of 2024. This increase was driven by a rise in accounts payable and accrued expenses, as well as a significant increase in deferred revenue, which rose to $411,033 from $77,700. The company’s accumulated deficit also widened to $51,520,442, reflecting ongoing operational challenges. Despite these losses, Waste Energy Corp. reported a cash balance of $90,919, a notable increase from $682 at the end of 2024.

Strategically, Waste Energy Corp. has shifted its focus towards the waste-to-energy sector, having discontinued operations in digital platform consulting and related services in 2024. The company is currently developing a waste-to-energy machine, with $468,048 classified as a capital advance for this project. The asset is expected to be completed by November 2025, at which point it will be reclassified to property, plant, and equipment. The company is also exploring additional business opportunities in renewable energy, which it views as critical for future growth.

Operationally, Waste Energy Corp. has made significant changes to its management structure, with several key personnel resigning in recent months. The company’s employee headcount remains stable, but the turnover in leadership may impact its strategic direction. The company has also indicated that it will require approximately $900,000 in funding over the next twelve months to cover operational expenses, which it plans to secure through equity or debt financing. However, management has expressed uncertainty regarding its ability to raise these funds on favorable terms.

Looking ahead, Waste Energy Corp. anticipates continued losses as it invests in its new business model. The company’s ability to sustain operations will depend on its success in generating revenue from its waste-to-energy initiatives and securing necessary financing. Management has acknowledged the substantial doubt about the company’s ability to continue as a going concern, emphasizing the need for effective execution of its strategic plans to achieve profitability.

About WASTE ENERGY CORP.

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

Our Methodology

AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.

Our method:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.