PureCycle Technologies, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
PCT$2.13+3.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Equity
| Mezzanine Equity · Stockholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Series B Convertible Perpetual Preferred Stock · Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Income/(Loss) · Accumulated Deficit · Total Stockholders' Equity | ||||||||
| (in thousands) · Shares · Amount · Shares · Amount | ||||||||
| Balance, December 31, 2024 | — | $— | 173,566 | $174 | $813,573 | $78 | $(633,376) | $180,449 |
| Issuance of Series B Convertible Perpetual Preferred Stock | 300 | 300,000 | — | — | — | — | — | — |
| Accrued dividends on Series B Convertible Perpetual Preferred Stock | — | 11,324 | — | — | (11,324) | — | — | (11,324) |
| Series B Convertible Perpetual Preferred Stock issuance costs | — | (6,623) | — | — | — | — | — | — |
| Issuance of Common Stock | — | — | 4,091 | 4 | 33,458 | — | — | 33,462 |
| Warrants exercised | — | — | 1,617 | 1 | 15,967 | — | — | 15,968 |
| Share repurchase | — | — | (457) | — | (4,928) | — | — | (4,928) |
| Equity-based compensation | — | — | 1,464 | 1 | 14,934 | — | — | 14,935 |
| Reclassification of warrant liability to equity | — | — | — | — | 273 | — | — | 273 |
| Unrealized gain on available for sale debt securities | — | — | — | — | — | 4 | — | 4 |
| Cumulative translation adjustment | — | — | — | — | — | (387) | — | (387) |
| Net loss | — | — | — | — | — | — | (182,565) | (182,565) |
| Balance, December 31, 2025 | 300 | $304,701 | 180,281 | $180 | $861,953 | $(305) | $(815,941) | $45,887 |
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
| Mezzanine Equity · Stockholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Series B Convertible Perpetual Preferred Stock · Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive (Loss)/Income · Accumulated Deficit · Total Stockholders' Equity | ||||||||
| (in thousands) · Shares · Amount · Shares · Amount | ||||||||
| Balance, December 31, 2023 | — | $— | 164,279 | $164 | $764,344 | $(32) | $(344,240) | $420,236 |
| Issuance of Common Stock | — | — | 8,545 | 9 | 38,716 | — | — | 38,725 |
| Share repurchase | — | — | (235) | — | (1,618) | — | — | (1,618) |
| Equity-based compensation | — | — | 977 | 1 | 11,807 | — | — | 11,808 |
| Reclassification of liability classified warrants to equity | — | — | — | — | 324 | — | — | 324 |
| Unrealized gain on available for sale debt securities | — | — | — | — | — | 18 | — | 18 |
| Cumulative translation adjustment | — | — | — | — | — | 92 | — | 92 |
| Net loss | — | — | — | — | — | — | (289,136) | (289,136) |
| Balance, December 31, 2024 | — | $— | 173,566 | $174 | $813,573 | $78 | $(633,376) | $180,449 |
| Mezzanine Equity · Stockholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Series B Convertible Perpetual Preferred Stock · Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive (Loss)/Income · Accumulated Deficit · Total Stockholders' Equity | ||||||||
| (in thousands) · Shares · Amount · Shares · Amount | ||||||||
| Balance, December 31, 2022 | — | $— | 163,550 | $164 | $753,885 | $(641) | $(242,525) | $510,883 |
| Forfeiture of restricted stock | — | — | (1) | — | — | — | — | — |
| Share repurchase | — | — | (187) | — | (1,370) | — | — | (1,370) |
| Equity-based compensation | — | — | 917 | — | 11,829 | — | — | 11,829 |
| Unrealized loss on available for sale debt securities | — | — | — | — | — | 623 | — | 623 |
| Cumulative translation adjustment | — | — | — | — | — | (14) | — | (14) |
| Net loss | — | — | — | — | — | — | (101,715) | (101,715) |
| Balance, December 31, 2023 | — | $— | 164,279 | $164 | $764,344 | $(32) | $(344,240) | $420,236 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.