{"schema_version":"secwatch.filing_event.v1","accession":"0001845437-24-000005","form_type":"8-K","ticker":"NPWR","cik":"0001845437","company_name":"NET Power Inc.","filed_at":"2024-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.963262+00:00","generated_at":"2026-06-05T00:02:45.710555+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NET Power reports year-end 2023 cash of $637M, no debt; progresses Project Permian FEED","bullets":["Cash and short-term investments $637M at Dec 31, 2023, no debt; Q4 cash used in ops ~$3M, investing ~$5M.","Front-End Engineering & Design (FEED) for Project Permian ongoing; expected to conclude H2 2024 as basis for standardized plant design.","Signed Limited Notice to Proceed (LNTP) with Baker Hughes for long-lead turboexpander materials; validation at La Porte starts late 2024.","Signed strategic supplier agreement with Lummus Technology to design and supply recuperative heat exchangers for NET Power's power cycle.","No revenue or net income disclosed; company remains pre-revenue development stage."],"urls":{"canonical":"https://secwatch.observer/filing/0001845437-24-000005","json":"https://secwatch.observer/filing/0001845437-24-000005.json","markdown":"https://secwatch.observer/filing/0001845437-24-000005.md","text":"https://secwatch.observer/filing/0001845437-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1845437/000184543724000005/0001845437-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1845437/000184543724000005/npwr-20240311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T00:02:45.710555+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7b79cf5245155c550ebcf05a1095d4a9d6802097","claim":"NET Power Inc. reported financial results for fourth quarter and year end 2023.","evidence_excerpt":"NET Power Inc., a Delaware corporation, issued a press release setting forth its financial results for the year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1845437/000184543724000005/0001845437-24-000005-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and year end 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}