---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-008944"
form_type: "8-K"
ticker: "CGEH"
cik: "0001009759"
company_name: "Capstone Energy Plus, Inc."
filed_at: "2025-06-27T23:59:59+00:00"
generated_at: "2026-05-18T15:17:51.896836+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Capstone Green Energy Q4 revenue $27.1M; first full-year positive adjusted EBITDA of $7.9M

## Summary
- Full-year revenue $85.6M (down from $91.2M); net loss $7.2M (vs. net income $7.4M, which included $32.5M reorganization gain).
- Adjusted EBITDA improved to $7.9M (fiscal 2024: negative $0.5M); first positive full-year adjusted EBITDA in company history.
- Q4 gross margin 28% (up 17pp YoY) driven by price increases and cost efficiencies; gross profit $7.5M vs. $2.6M last year.
- SEC investigation closed with no action; company targeting OTC:QX then Nasdaq relisting.
- Total cash $8.7M, up $6.6M from March 2024; net cash from operations $7.7M.

## SEC filing metadata
- accession: 0001558370-25-008944
- form_type: 8-K
- ticker: CGEH
- cik: 0001009759
- company_name: Capstone Energy Plus, Inc.
- filed_at: 2025-06-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009759/000155837025008944/0001558370-25-008944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009759/000155837025008944/cgeh-20250627x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-008944
- JSON: https://secwatch.observer/filing/0001558370-25-008944.json
- Plain text: https://secwatch.observer/filing/0001558370-25-008944.txt

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