Ocean Thermal Energy Corporation
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $92.4K | $403.5K | $1.6M | $413.6K | $846.4K | $173.0K | $0 | $0 |
| Cost of Revenue | — | — | — | — | — | $128.8K | — | — |
| Gross Profit | $-215.9K | $-259.5K | $222.3K | $105.8K | $216.6K | $44.3K | $0 | $0 |
| Gross Margin | -233.7% | -64.3% | 14.1% | 25.6% | 25.6% | 25.6% | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $42.6K | $34.5K | $42.1K | $8.6K | $14.5K | $6.5K | $30.3K | $30.2K |
| Operating Income | $-483.9K | $-487.7K | $487.2K | $-284.3K | $-128.2K | $-246.8K | $-403.4K | $-378.5K |
| Operating Margin | -523.6% | -120.9% | 30.8% | -68.7% | -15.1% | -142.6% | — | — |
| Interest Expense | $750.6K | $739.2K | $819.5K | $712.9K | $683.8K | $655.8K | $648.2K | $628.1K |
| Pretax Income | $-5.2M | $62.0M | $98.8M | $-72.0M | $-94.7M | $-1.4M | $-277.6K | $4.3M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-5.2M | $62.0M | $98.8M | $-72.0M | $-94.7M | $-1.4M | $-277.6K | $4.3M |
| Net Margin | -5,642.0% | 15,368.4% | 6,248.7% | -17,407.8% | -11,187.1% | -810.7% | — | — |
| EPS (Basic) | $-0.02 | $0.27 | — | $-0.38 | $-0.48 | $-0.01 | — | $0.02 |
| EPS (Diluted) | $-0.02 | $0.00 | $1.21 | $-0.38 | $-0.48 | $-0.01 | $0.07 | $0.00 |
| Shares Outstanding (Basic) | 225.6M | 2.43B | — | 190.0M | 196.2M | 191.0M | — | 190.0M |
| Shares Outstanding (Diluted) | 225.6M | 225.6M | 202.0M | 190.0M | 196.2M | 191.0M | 188.7M | 190.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |