---
schema_version: "secwatch.filing_event.v1"
accession: "0001845437-23-000043"
form_type: "8-K"
ticker: "NPWR"
cik: "0001845437"
company_name: "NET Power Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:00:55.867377+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NET Power reports Q3 cash $645M; Project Permian timeline pushed to H2 2027-H1 2028

## Summary
- Cash and short-term investments $645M, no debt; cash flow from operations ~$0.1M in Q3 2023.
- Project Permian initial power generation expected H2 2027-H1 2028 due to supply chain 12-month cushion.
- La Porte facility prep ongoing for Baker Hughes combustor and turboexpander demos.
- New originated North America project: technical feasibility complete, permits for grid and CO2 sequestration in 2024.
- Fully diluted share count ~247M; Project Permian capitalized expenditures $2.5M in Q3.

## SEC filing metadata
- accession: 0001845437-23-000043
- form_type: 8-K
- ticker: NPWR
- cik: 0001845437
- company_name: NET Power Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845437/000184543723000043/0001845437-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845437/000184543723000043/npwr-20231114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001845437-23-000043
- JSON: https://secwatch.observer/filing/0001845437-23-000043.json
- Plain text: https://secwatch.observer/filing/0001845437-23-000043.txt

## Key facts
- Earnings Releases
  NET Power Inc. reported financial results for three and nine months ended September 30, 2023.
  - Period: three and nine months ended September 30, 2023
  - Result: reported results
  source text: NET Power Inc., a Delaware corporation, issued a press release setting forth its financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1845437/000184543723000043/0001845437-23-000043-index.htm

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