---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-000975"
form_type: "8-K"
ticker: "CGEH"
cik: "0001009759"
company_name: "Capstone Energy Plus, Inc."
filed_at: "2025-02-14T23:59:59+00:00"
generated_at: "2026-05-26T18:59:07.733829+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Capstone Q3 FY2025 revenue up 38% to $20.1M; adjusted EBITDA turns positive

## Summary
- Q3 revenue $20.1M vs $14.6M YoY; net loss $2.7M vs net income $24.2M prior year (incl. $32.6M reorganization gain).
- Adjusted EBITDA improved to $0.5M from -$0.2M YoY; gross margin 25% vs 21%.
- Nine-month revenue $58.5M (down 13% YoY); adjusted EBITDA $5.1M vs $0.3M.
- Cash $3.3M as of Dec 31, 2024, up $1.2M from Mar 31, 2024; remains covenant-compliant.
- Common stock began trading on OTC Pink market on January 6, 2025.

## SEC filing metadata
- accession: 0001558370-25-000975
- form_type: 8-K
- ticker: CGEH
- cik: 0001009759
- company_name: Capstone Energy Plus, Inc.
- filed_at: 2025-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009759/000155837025000975/0001558370-25-000975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009759/000155837025000975/cgeh-20250214x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-000975
- JSON: https://secwatch.observer/filing/0001558370-25-000975.json
- Plain text: https://secwatch.observer/filing/0001558370-25-000975.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.