{"schema_version":"secwatch.filing_event.v1","accession":"0001845437-25-000009","form_type":"8-K","ticker":"NPWR","cik":"0001845437","company_name":"NET Power Inc.","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.253277+00:00","generated_at":"2026-05-25T02:05:32.930392+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Net Power pauses first utility-scale project after FEED costs hit $1.7-2.0B, shifts to optimization","bullets":["FEED for Project Permian completed; total installed cost estimated $1.7B-$2.0B, above viable threshold.","Long-lead equipment releases paused; value engineering underway; project now expected no earlier than 2029.","Launched modular multi-unit feasibility study for up to 1 GW plants to reduce future costs.","La Porte facility achieved 140 fired hours in Phase 1 testing with Baker Hughes; on track for 2025 completion.","Cash and investments at $533M (down from $580M Q3) used for La Porte upgrades and SN1 development."],"urls":{"canonical":"https://secwatch.observer/filing/0001845437-25-000009","json":"https://secwatch.observer/filing/0001845437-25-000009.json","markdown":"https://secwatch.observer/filing/0001845437-25-000009.md","text":"https://secwatch.observer/filing/0001845437-25-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1845437/000184543725000009/0001845437-25-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1845437/000184543725000009/npwr-20250310.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T02:05:32.930392+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}