Company research
Ocean Thermal Energy Corp
CIK 827099Updated Sep 26, 2026
SecurityCPWR · OTC · equity
Name history
TETRIDYN SOLUTIONS INC · through May 8, 2017CREATIVE VENDING CORP · through May 24, 2006
CPWR price & chart
Loading TradingView…
OTC:CPWR on TradingView ↗In the news
No coverage from other publishers is available.
Recent filings
10-Q filing
D filing
Unregistered Sales of Equity Securities · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 3.02, 5.03, 9.01
10-Q filing
10-K filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,484,775Source | 21,142Source | 120,149Source | 6,404Source |
| Current assets: | ||||
| Accounts Receivable | — | — | — | — |
| Assets, CurrentUSD | 1,484,775Source | 21,142Source | 120,149Source | 6,404Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 114,885,902Source | 44,573,046Source | 44,052,140Source | 36,205,430Source |
| Commitments and ContingenciesUSD | 0Source | 0Source | 0Source | 0Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 190,013Source | 190,013Source | 184,371Source | 184,371Source |
| Additional Paid in CapitalUSD | 62,521,759Source | 62,521,759Source | 61,962,151Source | 60,110,402Source |
| Retained Earnings (Accumulated Deficit)USD | -176,563,219Source | -107,266,496Source | -106,081,333Source | -96,496,618Source |
| Stockholders' Equity Attributable to ParentUSD | -113,401,127Source | -44,551,904Source | -43,931,991Source | -36,199,026Source |
| Liabilities and EquityUSD | 1,484,775Source | 21,142Source | 120,149Source | 6,404Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 114,815,342Source | 44,556,926Source | 44,052,140Source | 36,205,430Source |
| Accounts Payable, CurrentUSD | — | — | — | 20,517,881Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -69,296,723Source | -1,185,163Source | -9,264,217Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 0Source | 3,750Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 1,076,108Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -93,395Source | -562,627Source | -669,463Source | -327,213Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 480,920Source | 463,620Source | 783,208Source | 327,660Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 403,667Source | 16,142Source | 115,149Source | 1,404Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 353,274Source | 63,753Source | 5,000Source | 13,823Source |
| Income Taxes Paid, NetUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Financial Items | ||||
| Derivative, Gain (Loss) on Derivative, NetUSD | -66,210,028Source | 2,868,111Source | -5,409,047Source | — |
| Gain (Loss) on Sale of DerivativesUSD | 11,898Source | — | — | — |
| General and Administrative ExpenseUSD | 71,694Source | 116,268Source | 138,048Source | 170,160Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -69,296,723Source | -1,185,163Source | -9,264,217Source | -6,912,102Source |
| Operating ExpensesUSD | 761,035Source | 1,576,610Source | 1,500,305Source | — |
| Other Nonoperating Income (Expense)USD | -69,124,620Source | 391,447Source | -7,763,912Source | -5,393,495Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 3,013,875Source | — | — | — |
| Operating Income (Loss)USD | -172,103Source | -1,576,610Source | -1,500,305Source | -1,518,607Source |
| Other Nonoperating Income (Expense)USD | -69,124,620Source | 391,447Source | -7,763,912Source | -5,393,495Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -69,296,723Source | -1,185,163Source | -9,264,217Source | -6,912,102Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -69,296,723Source | -1,185,163Source | -9,264,217Source | -6,912,102Source |
| Earnings Per Share, BasicUSD per share | — | — | — | -0.04Source |
| Earnings Per Share, DilutedUSD per share | 0.34Source | -0.01Source | -0.05Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | 178,959,510Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 201,998,151Source | 188,717,318Source | 184,370,469Source | — |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | — | — | — | 1,518,607Source |
| General and Administrative ExpenseUSD | 71,694Source | 116,268Source | 138,048Source | 170,160Source |
| Gross ProfitUSD | 588,932Source | — | — | — |
| Interest ExpenseUSD | 2,872,050Source | 2,504,722Source | 2,278,347Source | 1,815,800Source |
| Operating ExpensesUSD | 761,035Source | 1,576,610Source | 1,500,305Source | — |
Filing attachments
cpwr_ex991.htm · 8-K · 2025-01-14
EX-99.1 2 cpwr_ex991.htm EX-99.1 cpwr_ex991.htm EXHIBIT 99.1 Ocean Thermal Energy Corporation Collaborates with Johnson Controls on $3.5 Million Contract for U.S. Army Energy Independence Project Philadelphia, PA - Ocean Thermal Energy Corporation (OTE Corp), a pioneer in renewable energy technology, announced today that it has partnered with Johnson Controls under its Deep Energy Retrofit Assessment program for engineering planning and design at the U.S. Army Garrison - Kwajalein Atoll (…
Read attachment ↗