ALCE · XBRL financial data
Aedis Energy financial statements, every fiscal year
The same tables from 4 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (ALCE's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Revenue | 17,089 | 20,084 | 311 | — |
| Revenue from contracts with customers | 14,200 | 11,200 | — | — |
| Cost of revenue | — | 1,301 | 364 | — |
| Cost of goods and services sold | — | — | 364 | 0 |
| Research and development | 11,372 | 798 | 748 | — |
| Selling, general and administrative | 5,720 | 11,228 | 11,984 | 8,065 |
| Total operating expenses | 2,578 | 25,652 | 16,574 | — |
| Operating income (loss) | (2,578) | (5,568) | (16,263) | 6,855 |
| Interest expense | 10,256 | 18,562 | 8,774 | 4,198 |
| Other income (expense) | 3,286 | (48,069) | — | — |
| Income tax expense (benefit) | 648 | 15 | 590 | 0 |
| Net income (loss) | 60 | (69,464) | 21,078 | (6,486) |
| Earnings per share, basic USD per share | (0.32) | (0.93) | 5.97 | (35.71) |
| Earnings per share, diluted USD per share | (0.32) | (0.93) | 5.97 | — |
| Weighted average shares, basic thousands of shares | 57,500 | 57,863 | 3,531 | 480 |
| Weighted average shares, diluted thousands of shares | 57,500 | 57,863 | 3,531 | — |
- † Share count changed about 1/165 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (ALCE's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | 630 | 4,618 | 161 | 32 |
| Accounts receivable | 3,335 | 651 | — | — |
| Prepaid and other current assets | 1,482 | 3,344 | 131 | 0 |
| Total current assets | 236,522 | 114,955 | 639 | 44 |
| Property and equipment, net | 68,953 | 61,302 | — | — |
| Right-of-use asset | 1,004 | 1,330 | — | — |
| Goodwill | — | — | 241 | 18,964 |
| Total assets | 236,522 | 185,286 | 7,727 | 57,044 |
| Accounts payable | 48 | 5,084 | 9,799 | 6,621 |
| Accrued liabilities | 2,035 | 24,410 | 2,371 | 3,779 |
| Current portion of long-term debt | — | 198,434 | 28,715 | 6,161 |
| Total current liabilities | 7,860 | 247,091 | 39,576 | 34,022 |
| Long-term debt | — | 32,312 | 28,715 | 0 |
| Lease liability, non-current | 960 | 1,252 | 407 | 0 |
| Total liabilities | 7,860 | 248,540 | 41,612 | 34,022 |
| Accumulated deficit | (6,925) | (88,211) | (67,133) | (73,619) |
| Total stockholders' equity | (6,924) | (63,254) | (33,885) | 3,431 |
| Total liabilities and equity | 236,522 | 185,286 | 7,727 | 57,044 |
| Common shares outstanding (cover page) thousands of shares | 57,500 | 80,077 | 119,718 | 725 |
- † Share count changed about 1/165 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (ALCE's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|
| Net income (loss) | 60 | (69,464) | 21,078 | (6,486) |
| Stock-based compensation | — | — | 321 | 2,160 |
| Depreciation and amortization | 3,677 | 3,657 | 215 | — |
| Net cash from operating activities | (396) | — | — | — |
| Purchases of property and equipment | 1,154 | 4,737 | 1,485 | 0 |
| Net cash from investing activities | (233,358) | — | — | — |
| Proceeds from long-term debt | 23,961 | 15,468 | — | — |
| Repayments of long-term debt | — | 210 | — | — |
| Net cash from financing activities | 234,351 | — | — | — |
| Net change in cash | 597 | 16,817 | (24,403) | (129) |
- † Share count changed about 1/165 in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 4931 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 4931 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Fewer than three companies fall in that range, so the list adds same-SIC (4931) companies nearest in public float, each marked “added: same SIC”.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Aedis Energy | 1,072 | not reported | (722)* | 724,658 | 1.5 quarters | 10-QJun 30, 2026 |
| GridAI Technologiesadded: same SIC | 1,380 | 86 | (1,505)* | 7.1M | 0.9 quarters | 10-Q/AJun 30, 2026 |
| Ocean Thermal Energyadded: same SIC | 33 | 92 | (153)* | 190.0M | 0.2 quarters | 10-QJun 30, 2026 |
| Genie Energyadded: same SIC | 184,841 | 100,399 | (3,417)* | not reported | 57.1 quarters | 10-QJun 30, 2026 |
| Unitiladded: same SIC | 12,900 | 112,600 | 35,000* | 18.6M | — | 10-QSep 30, 2026 |
| Avistaadded: same SIC | 25,000 | 413,000 | 122,000* | 83.8M | — | 10-QJun 30, 2026 |
| NorthWestern Energy Groupadded: same SIC | 4,180 | 392,599 | 73,818* | 61.5M | — | 10-QJun 30, 2026 |
| Alliant Energyadded: same SIC | 26,000 | 1,285,000 | not reported | 259.4M | — | 10-QSep 30, 2026 |
| Evergyadded: same SIC | 21,800 | 1,425,700 | not reported | 230.6M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.