The restatement confirms material accounting failures and deeper underlying losses. Expect heightened scrutiny from Nasdaq (already flagged for late filing) and potential for accelerated dilution as the company relies on convertible debt financing. Monitor for auditor changes, further restatements, or going concern qualification in next 10-K.
Price Chart
Executive Summary
Clean Energy Technologies filed this 10-Q/A to restate its financial statements for the six months ended June 30, 2025, correcting errors in revenue recognition, long-term receivables valuation, and warrant accounting. The restatement reduced previously reported revenue by $350,000 (50.2%) and increased net loss by $279,782 (19.7%). The filing follows a prior 8-K (Item 4.02) disclosing that financial statements from January 2022 through September 2025 should no longer be relied upon. The company continues to face going concern risk with an accumulated deficit of $30.2 million and negative operating cash flow.
Key Facts
- Revenue for H1 2025 reduced from $696,618 to $346,618 due to restatement ($350,000 reduction).
- Net loss for H1 2025 increased from $1,420,021 to $1,699,803 (restated loss $279,782 higher).
- Restatement adjustments include write-downs of long-term financing receivables, reclassification of contract assets, and correction of warrant liability fair value.
- Total assets decreased by $1.1 million from $14.8 million to $13.7 million as of June 30, 2025.
- Accumulated deficit stands at $30.2 million; the company has negative operating cash flows of $1.54 million and substantial doubt about going concern.
- Prior 8-K (Item 4.02) filed May 7, 2026, disclosed non-reliance on financial statements from January 2022 through September 2025.
Financial Impact
Revenue overstated by $350,000 (50.2%) and net loss understated by $279,782 (19.7%) for H1 2025. Total assets reduced by $1.1 million.
Risk Factors
- Nasdaq delisting risk (already flagged for late 10-K and 10-Q filings).
- Going concern doubt with negative operating cash flow and high debt burden.
- Potential shareholder lawsuits or regulatory actions following material restatement.
- Further dilution as company continues to issue convertible notes and warrants to fund operations.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 10-Q/A Filing (Primary) | 0001493152-26-027404 |
| Exhibit: ex31-02.htm | 0001493152-26-027404 |
| Exhibit: ex31-01.htm | 0001493152-26-027404 |
| Exhibit: ex32-02.htm | 0001493152-26-027404 |
| Exhibit: ex32-01.htm | 0001493152-26-027404 |
| Document: 0001493152-26-027404-index-headers.html | 0001493152-26-027404 |
| Document: 0001493152-26-027404-index.html | 0001493152-26-027404 |
| Document: 0001493152-26-027404.txt | 0001493152-26-027404 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 8-K | $0.9650 $0.8900 | ▲ +7.77% | ▲ +6.59% | $0.8251 (+14.50%) |
Aug 14, 2026 10w ago | 8-K | $0.9325 $0.9200 | ▲ +1.34% | ▲ +0.87% | $0.8251 (+11.52%) |
Jul 31, 2026 12w ago | 8-K | $0.9500 $0.9100 | ▲ +4.21% | ▲ +6.01% | $0.8251 (+13.15%) |
Jul 8, 2026 15w ago | 8-K | $0.8400 $0.8520 | ▼ −1.43% | ▼ −1.00% | $0.8251 (+1.77%) |
Jun 30, 2026 16w ago | 8-K | $0.8700 $0.8647 | ▼ −0.61% | ▼ −0.48% | $0.8251 (−5.16%) |
Jun 8, 2026 20w ago | 8-K | $0.7700 $0.8100 | ▼ −5.19% | ▼ −5.49% | $0.8251 (−7.16%) |
Jun 5, 2026 20w ago | 10-Q/A | $0.7599 $0.7700 | ▼ −1.33% | ▼ −1.10% | $0.8251 (−8.58%) |
Jun 5, 2026 20w ago | 10-Q/A | $0.7599 $0.7700 | ▼ −1.33% | ▼ −1.10% | $0.8251 (−8.58%) |
Jun 5, 2026 20w ago | 10-Q/A | $0.7599 $0.7700 | ▼ −1.33% | ▼ −1.10% | $0.8251 (−8.58%) |
Jun 5, 2026 20w ago | 10-K/A | $0.7599 $0.7700 | ▼ −1.33% | ▼ −1.10% | $0.8251 (−8.58%) |
US Market Status
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