NET Power Inc.
For the period ended Dec 31, 2025. Filed Mar 9, 2026.
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FY2025 · Filed Mar 9, 2026
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Item 16. Form 10-K Summary
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 9, 2026 NET Power Inc.
By:/s/ Daniel J. Rice IV
Name: Daniel J. Rice IV
Title: Chief Executive Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities below on March 9, 2026.
| Signature | Position |
|---|---|
| /s/ Daniel J. Rice IV | Chief Executive Officer and Director |
| Daniel J. Rice IV | (Principal Executive Officer and Principal Financial Officer) |
| /s/ Caleb C. Van Dolah | Controller |
| Caleb C. Van Dolah | (Principal Accounting Officer) |
| /s/ Peter J. Bennett | Chair of the Board of Directors |
| Peter J. Bennett | |
| /s/ Ralph Alexander | Director |
| Ralph Alexander | |
| /s/ J. Kyle Derham | Director |
| J. Kyle Derham | |
| /s/ Frederick A. Forthuber | Director |
| Frederick A. Forthuber | |
| /s/ Joseph T. Kelliher | Director |
| Joseph T. Kelliher | |
| /s/ Carol Peterson | Director |
| Carol Peterson | |
| /s/ Brad Pollack | Director |
| Brad Pollack | |
| /s/ Alejandra Veltmann | Director |
| Alejandra Veltmann | |
Audited Financial Statements of NET Power Inc.
| Page | |
| Report of Independent Registered Public Accounting Firm (PCAOB ID Number 185) | F-2 |
|---|---|
| Report of Independent Registered Public Accounting Firm (PCAOB ID Number 248) | F-3 |
| Consolidated Balance Sheets | F-4 |
| Consolidated Statements of Operations and Comprehensive Loss | F-6 |
| Consolidated Statement of Shareholders’ Equity and Mezzanine Shareholders' Equity | F-7 |
| Consolidated Statements of Cash Flows | F-8 |
| Notes to Consolidated Financial Statements | F-10 |
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