Clean Energy Technologies Inc
For the period ended Sep 30, 2024. Filed Nov 19, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 19, 2024
CETY$1.00+5.6%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 Operations (unaudited)
Consolidated Statement of Operations
for the three and nine months ended September 30, 2024
| Three Months | Nine Months | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Sales | 3,504 | $1,637,164 | 1,366,927 | $4,498,483 |
| Sales - Related Party | 231,679 | 367,038 | 577,406 | 779,720 |
| Total Sales | 235,183 | 2,004,202 | 1,944,333 | 5,278,203 |
| Cost of goods sold | 22,642 | 1,455,277 | 1,302,758 | 4,285,260 |
| Gross Profit | 212,541 | 548,925 | 641,575 | 992,943 |
| Operating expense: | ||||
| General and administrative Expense | 170,073 | 144,871 | 655,832 | 411,933 |
| Salaries | 514,473 | 422,522 | 1,481,316 | 957,759 |
| Travel | 54,740 | 126,768 | 135,964 | 326,905 |
| Professional fees - Legal & Accounting | 130,725 | 82,039 | 484,990 | 259,476 |
| Facility lease and maintenance | 79,915 | 126,274 | 230,798 | 253,041 |
| Consulting | 18,994 | 58,933 | 195,640 | 244,540 |
| Depreciation and amortization | 2,969 | 2,982 | 8,907 | 9,436 |
| Total operating expense | 971,889 | 964,389 | 3,193,447 | 2,463,090 |
| Net loss from operations | (759,348) | (415,464) | (2,551,872) | (1,470,147) |
| Other Income (Expense) | ||||
| Other income | - | 33 | (2,312) | 79,210 |
| Change in derivative liability | - | - | - | 326,539 |
| Investment income (loss) from Shuya | 25,304 | - | 57,294 | - |
| Gain / (loss) on debt settlement | (86,207) | - | (151,777) | 130,430 |
| Interest and financing fees | (479,140) | (358,095) | (902,002) | (1,707,690) |
| Net loss before income taxes | (1,299,391) | (773,526) | (3,550,669) | (2,641,658) |
| Income tax expense | - | - | - | - |
| Net loss before non-controlling interest from continuing operations | (1,299,391) | (773,526) | (3,550,669) | (2,641,658) |
| Net income before non-controlling interest from discontinued operation | - | 106,390 | - | 181,169 |
| Net loss before non-controlling interest from continuing operations | (1,299,391) | (667,136) | (3,550,669) | (2,460,489) |
| Net income attributable to non-controlling interest | - | 54,259 | - | 92,396 |
| Net loss attributable to the Company | (1,299,391) | (721,395) | (3,550,669) | (2,552,885) |
| Net loss | (1,299,391) | (667,136) | (3,550,669) | (2,460,489) |
| Other comprehensive item | ||||
| Foreign currency translation gain (loss) attributable to the Company | 82,078 | (20,313) | 22,674 | (153,367) |
| Foreign currency translation gain (loss) attributable to noncontrolling interest | - | 5,200 | - | 41,193 |
| Total Comprehensive loss | (1,217,313) | (682,249) | (3,527,995) | (2,572,663) |
| Per Share Information: | ||||
| Basic and diluted weighted average number of common shares outstanding | 44,580,946 | 38,795,160 | 42,613,090 | 38,227,965 |
| Net loss per common share basic and diluted | $(0.03) | $(0.02) | $(0.08) | $(0.07) |
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