Ocean Thermal Energy Corporation (CPWR)

Ocean Thermal Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.4	0.02	0.12	0	0
Accounts Receivable	1.08	-	-	-	-
Prepaid Expenses	0.01	0.01	0.01	0.01	0.01
Total Current Assets	1.48	0.02	0.12	0.01	0.01
Total Assets	1.48	0.02	0.12	0.01	0.01
Accounts Payable	30.47	26.47	22.95	20.52	17.55
Short-Term Debt	3.68	3.71	5.48	2.9	2.89
Current Portion of Long-Term Debt	4.94	4.95	3.21	5.79	5.6
Current Unearned Revenue	0.03	-	-	-	-
Other Current Liabilities	75.69	9.42	12.4	7	3.77
Total Current Liabilities	114.82	44.56	44.05	36.21	29.81
Long-Term Debt	0.07	0.02	-	-	0.23
Total Liabilities	114.89	44.57	44.05	36.21	30.03
Total Preferred Equity	0	0	0	0	0
Common Stock	0.64	0.19	0.18	0.18	0.17
Additional Paid-In Capital	62.52	62.52	61.96	60.11	59.38
Retained Earnings	-176.56	-107.27	-106.08	-96.5	-89.58
Total Common Equity	-113.4	-44.55	-43.93	-36.2	-30.03
Shareholders' Equity	-113.4	-44.55	-43.93	-36.2	-30.03
Total Liabilities & Equity	1.48	0.02	0.12	0.01	0.01
Total Debt	8.7	8.68	8.69	8.69	8.71
Net Cash (Debt)	-8.3	-8.66	-8.58	-8.69	-8.71
Net Cash Per Share	-0.04	-0.05	-0.05	-0.05	-0.05
Filing Date Shares Outstanding	190.01	190.01	184.37	184.37	174.37
Total Common Shares Outstanding	190.01	190.01	184.37	184.37	174.37
Working Capital	-113.33	-44.54	-43.93	-36.2	-29.8
Book Value Per Share	-0.60	-0.23	-0.24	-0.20	-0.17
Tangible Book Value	-113.4	-44.55	-43.93	-36.2	-30.03
Tangible Book Value Per Share	-0.60	-0.23	-0.24	-0.20	-0.17

Source: S&P Global Market Intelligence. Utility template. Financial Sources.