NVVE · XBRL financial data
Nuvve Holding financial statements, every fiscal year
The same tables from 7 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 (NVVE's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|
| Revenue | 4,191 | 5,373 | 8,332 | 5,286 | 4,794 |
| Revenue from contracts with customers | 4,191 | 5,373 | 8,332 | 5,286 | 4,794 |
| Cost of revenue | 2,002 | 4,197 | — | — | — |
| Research and development | 6,524 | 7,977 | 8,761 | 4,541 | 3,831 |
| Selling, general and administrative | 22,896 | 30,116 | 24,695 | 17,671 | 26,752 |
| Other operating income (expense) | 282 | 85 | 436 | (300) | 1,786 |
| Operating income (loss) | (27,232) | (36,916) | (32,105) | (20,460) | (32,180) |
| Other income (expense) | (47,385) | 12,359 | 810 | 3,036 | 630 |
| Income tax expense (benefit) | 1 | 1 | 2 | 2 | (1) |
| Net income (loss) | (72,479) | (24,019) | (31,284) | (17,398) | (30,823) |
| Earnings per share, basic‡ USD per share | (139,840.00) | (38,080.00) | (1,291,520.00) | (1,076.80) | (75.65) |
| Earnings per share, diluted‡ USD per share | (139,840.00) | (38,080.00) | (1,291,520.00) | (1,076.80) | (75.65) |
| Weighted average shares, basic‡ thousands of shares | 1 | 1 | 0 | 16 | 407 |
| Weighted average shares, diluted‡ thousands of shares | 1 | 1 | 0 | 16 | 407 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-2 stock split (January 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-40 stock split (January 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (September 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-40 stock split (December 2025); filings made before it reported them unadjusted.
- † Share count changed about 1/4 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 404x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 69x 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 (NVVE's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 32,361 | 15,754 | 1,535 | 371 | 5,467 |
| Accounts receivable | 1,887 | 1,122 | 1,725 | 2,148 | 1,095 |
| Inventory | 11,118 | 11,552 | 5,889 | 4,592 | 801 |
| Prepaid and other current assets | 1,037 | 2,942 | — | — | — |
| Total current assets | 46,782 | 31,850 | 13,043 | 9,275 | 11,035 |
| Right-of-use asset | 3,483 | 5,306 | 4,840 | 4,493 | 3,780 |
| Goodwill | — | — | 0 | 0 | 96 |
| Total assets | 52,915 | 41,200 | 20,951 | 16,798 | 17,393 |
| Accounts payable | 5,739 | 2,390 | 1,694 | 1,882 | 3,407 |
| Accrued liabilities | 2,874 | 3,347 | 4,632 | 3,393 | 1,843 |
| Current portion of long-term debt | — | — | 0 | 4,647 | 1,730 |
| Total current liabilities | 9,485 | 7,897 | 8,318 | 11,351 | 9,783 |
| Long-term debt | — | — | 0 | 841 | 0 |
| Lease liability, non-current | 3,442 | 5,090 | 4,646 | 4,254 | 3,559 |
| Total liabilities | 23,000 | 13,961 | 13,960 | 18,087 | 14,863 |
| Accumulated deficit | (92,938) | (116,957) | (148,241) | (165,599) | (196,422) |
| Total stockholders' equity | 29,514 | 27,196 | 7,475 | (1,261) | (1,673) |
| Total liabilities and equity | 52,915 | 41,200 | 20,951 | 16,798 | 17,393 |
| Common shares outstanding (cover page)‡ thousands of shares | 1 | 1 | 0 | 77 | 5,312 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-2 stock split (January 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-40 stock split (January 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (September 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-40 stock split (December 2025); filings made before it reported them unadjusted.
- † Share count changed about 1/4 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 404x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 69x 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 (NVVE's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|
| Net income (loss) | (72,479) | (24,019) | (31,284) | (17,398) | (30,823) |
| Stock-based compensation | 4,220 | 5,235 | 4,108 | 2,620 | 2,432 |
| Depreciation and amortization | 27 | 150 | 249 | 199 | 183 |
| Net cash from operating activities | (29,191) | (34,082) | (21,254) | (15,734) | (16,627) |
| Purchases of property and equipment | 273 | 438 | 188 | 45 | 57 |
| Net cash from investing activities | (265) | (1,438) | 1,137 | (45) | 518 |
| Proceeds from issuing common stock | 0 | 3,763 | 885 | 8,502 | 5,510 |
| Share repurchases | 6,000 | 0 | — | — | — |
| Proceeds from long-term debt | — | — | 0 | 6,471 | 9,422 |
| Net cash from financing activities | 59,721 | 19,064 | 5,863 | 14,463 | 21,197 |
| Net change in cash | 30,465 | (16,507) | (14,219) | (1,323) | 5,096 |
- † Share count changed about 1/4 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 404x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 69x 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 3690 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3690 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.
- 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 |
|---|---|---|---|---|---|---|
| Nuvve Holding | 501 | 1,227 | (3,390)* | 993,794 | 0.1 quarters | 10-QJun 30, 2026 |
| Cyber Enviro-Tech | 6.8 | 0 | not reported | 155.8M | — | 10-QJun 30, 2026 |
| ESS Tech | 10,848 | 73 | (8,943)* | 33.0M | 1.2 quarters | 10-QJun 30, 2026 |
| Evolution Metals & Technologies | 5,254 | 1,636 | (9,249)* | 621.8M | 0.6 quarters | 10-QJun 30, 2026 |
| Dragonfly Energy Holdings | 6,280 | 13,159 | (1,857)* | 15.0M | 3.4 quarters | 10-QJun 30, 2026 |
| Solidion Technology | 27,677 | 125 | (3,973)* | 8.5M | 7.0 quarters | 10-QJun 30, 2026 |
| Flux Power Holdings | 409 | 6,758 | 423 | 22.0M | — | 10-QSep 30, 2026 |
| Beam Global | 1,025 | 8,562 | (2,487)* | 22.6M | 0.4 quarters | 10-QJun 30, 2026 |
| Pioneer Power Solutions | 10,668 | 4,714 | (2,739)* | 11.1M | 3.9 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.