Clean Energy Technologies, Inc.
2.4710+0.01 (+0.45%)
Oct 28, 4:00:00 PM EDT · NasdaqCM · CETY · USD
Key Stats
Market Cap
11.49MP/E (TTM)
-Basic EPS (TTM)
-1.05Dividend Yield
0%Recent Filings
8-K
Reverse split for Nasdaq compliance
Clean Energy Technologies, Inc. filed for a 1-for-15 reverse stock split on September 26, 2025, effective October 6, to regain Nasdaq compliance amid a sub-$1 bid price. This slashes outstanding shares from 69.7 million to about 4.6 million while preserving shareholder ownership percentages. No fractional shares get cash; instead, they round up to whole shares. The move sidesteps shareholder votes under Nevada law, yet it risks short-term volatility in trading.
10-Q
Q2 FY2025 results
Clean Energy Technologies posted Q2 revenue of $236K, up 20% y/y but down 66% q/q (derived), with gross profit at $224K yielding a 95% margin—far stronger than the 25% in Q2 2024—thanks to higher-margin heat recovery sales edging out low-yield natural gas trading. YTD revenue fell 40% y/y to $1.0M, yet gross profit soared 122% to $952K on better mix from U.S. segments like HRS and renewables, while operating loss narrowed to $831K from $1.8M y/y amid lower salaries and professional fees. Net loss widened to $1.1M in Q2 from $832K y/y, driven by $504K in interest and financing fees that outpaced the $735K operating loss by over 60%, mainly from convertible notes and debt discounts. Cash swelled to $4.4M on $5.9M in financing inflows, including stock sales, against $1.6M operating burn; total debt sits at $3.1M in convertibles with $599K line of credit, but no FCF disclosed as capex is minimal. Stock issuances for debt conversions and subscriptions boosted equity to $7.8M. Competition in renewables heats up fast.
8-K
Convertible note funding secured
Clean Energy Technologies secured $350,000 in funding from Mast Hill Fund on August 18, 2025, issuing a $388,888 junior secured convertible note at 10% interest maturing in 12 months and 150,000 common shares. Proceeds target working capital and business development, but trigger shareholder approval if stock dips below $0.50 to exceed Nasdaq's 12.37 million share exchange cap. Yet dilution looms large.
8-K
Convertible note funding secured
Clean Energy Technologies inked a securities purchase agreement on July 30, 2025, selling a $151,800 convertible promissory note to 1800 Diagonal Lending for $132,000, netting $125,000 after fees for working capital. The note matures May 30, 2026, with 10 monthly payments of $17,153.40 starting August 30, 2025, and a 10% one-time interest charge. Convertible post-default at 85% of the prior day's lowest bid price, capped at 4.99% ownership without Nasdaq approval. This infusion bolsters liquidity, yet dilution looms if converted.
8-K
Convertible note issuance
Clean Energy Technologies inked a securities purchase agreement on July 18, 2025, selling a $201,250 convertible note and 125,000 common shares to FirstFire Global Opportunities Fund for $175,000, netting $169,500 after fees; the deal closed July 21. The unsecured note carries 10% interest, matures in 12 months, and converts at 85% of the lowest trading price over the prior 10 days, with monthly amortization starting September 18—yet caps conversions at Nasdaq's 4.99% ownership limit until shareholder approval by July 23. Proceeds fuel business development, but dilution looms large.
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