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Security

SDST · Stardust Power Inc.

SDSTNASDAQCommon stockCurrentCIK 1831979Updated Sep 24, 2026

Company: Stardust Power Inc.

Name history
Stardust Power Inc. · through Sep 23, 2026Global Partner Acquisition Corp II · through Jun 28, 2024

SDST price & chart

Provider market data

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In the news

Seeking Alpha
SEC disclosures

Financials

FY 2025 · USD
Revenue · FY 2025
Net income-15,723,636USD · FY 2025
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

Operating income-16,083,206USD · FY 2025
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

Diluted EPS-2.13USD per share · FY 2025
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
ASSETS
AssetsUSD11,775,292
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

9,023,137
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

43,740,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

304,784,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Property, Plant and Equipment, NetUSD1,757,271
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

1,755,947
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

1,968
Source

10-Q · 2024-11-14 · 0001493152-24-045236

As of 2023-12-31

5,000,001
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD3,480,151
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

912,574
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

Assets, CurrentUSD4,078,985
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

2,137,864
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

36,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

109,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Prepaid Expense and Other Assets, CurrentUSD573,834
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

606,331
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD17,588,975
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

28,408,921
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

18,709,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

14,843,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Stockholders’ equity:
Common Stock, Value, IssuedUSD975
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

4,603
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

Additional Paid in CapitalUSD62,527,926
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

33,228,561
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

Retained Earnings (Accumulated Deficit)USD-68,342,584
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

-52,618,948
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

-18,674,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

-14,735,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Stockholders' Equity Attributable to ParentUSD-5,813,683
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

-19,385,784
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

-18,673,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

-14,734,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Liabilities and EquityUSD11,775,292
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

9,023,137
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

43,740,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

304,784,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Current liabilities:
Liabilities, CurrentUSD14,281,642
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

24,997,170
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

7,872,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

3,876,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Accounts Payable, CurrentUSD8,305,096
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

10,264,117
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

64,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

75,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Other Liabilities, NoncurrentUSD425,000
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD1,748,808
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

1,787,985
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

4,327,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

3,016,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

As of 2022-12-31

Deferred Tax Liabilities, NetUSD967
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

495
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, Depletion and AmortizationUSD3,166
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

1,823
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Share-based Payment Arrangement, Noncash ExpenseUSD7,635,403
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

9,750,511
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts PayableUSD-106,998
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-3,389,540
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

-11,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-8,275,679
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-9,719,714
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

-975,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

-1,526,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-3,400,462
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-4,791,363
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

263,250,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

Payments to Acquire Property, Plant, and EquipmentUSD4,490
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

Cash flows from financing activities:
Payments for Repurchase of Common StockUSD265,050,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

Net Cash Provided by (Used in) Financing ActivitiesUSD14,243,718
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

14,151,827
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

-262,354,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

785,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD741,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD3,480,151
Source

10-K · 2026-03-25 · 0001493152-26-012709

As of 2025-12-31

912,574
Source

10-K · 2025-03-27 · 0001641172-25-000969

As of 2024-12-31

22,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

As of 2023-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD152,321
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

16,055
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Income Taxes Paid, NetUSD5,150
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

Additional Financial Items
Amortization of Debt Issuance Costs and DiscountsUSD33,068
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

DepreciationUSD3,166
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

1,823
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Gain (Loss) on InvestmentsUSD4,600,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Gain (Loss) on Extinguishment of DebtUSD383,950
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

General and Administrative ExpenseUSD16,083,206
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

17,972,828
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

5,230,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

1,984,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

InterestExpenseNonoperatingUSD186,903
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

50,454
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Investment Income, InterestUSD2,278,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to ParentUSD-15,723,636
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-23,753,863
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

139,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

15,069,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Nonoperating Income (Expense)USD359,570
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-5,781,035
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Proceeds from Issuance of Common StockUSD2,133,697
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

260,927
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Operating Income (Loss)USD-16,083,206
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-17,972,828
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

-2,269,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

-1,984,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD-15,723,636
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-23,753,863
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

139,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

15,069,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Earnings Per Share, BasicUSD per share-2.13
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-0.55
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Earnings Per Share, DilutedUSD per share-2.13
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-0.55
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Basicshares7,385,168
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

42,821,940
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares7,385,168
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

42,821,940
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Interest Expense (non-operating)USD186,903
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

50,454
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Additional Financial Items
Costs and ExpensesUSD58,651
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

4,038,994
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Gain (Loss) on InvestmentsUSD4,600,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

General and Administrative ExpenseUSD16,083,206
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

17,972,828
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

5,230,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

1,984,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD-15,723,636
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-23,753,863
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Interest ExpenseUSD422
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

100,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

InterestExpenseOperatingUSD33,068
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

Interest Income, OtherUSD12,014
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

10,838
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

4,600,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Investment Income, InterestUSD2,278,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

Nonoperating Income (Expense)USD359,570
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

-5,781,035
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Other ExpensesUSD6,679
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

800,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

800,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Other General and Administrative ExpenseUSD1,320,105
Source

10-K · 2026-03-25 · 0001493152-26-012709

2025-01-01 to 2025-12-31

983,720
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

300,000
Source

10-K · 2024-03-19 · 0001213900-24-024108

2023-01-01 to 2023-12-31

300,000
Source

10-K · 2023-03-31 · 0001213900-23-024925

2022-01-01 to 2022-12-31

Other IncomeUSD21,970
Source

10-K · 2025-03-27 · 0001641172-25-000969

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

Filing attachments

ex99-1.htm · 8-K · 2026-08-11

EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Stardust Power Appoints Ray Rivers to Board of Directors GREENWICH, Conn. - August 11, 2026 - Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium carbonate, today announced the appointment of V. Ray Rivers to its Board of Directors (the “Board”), effective August 10, 2026. Mr. Rivers will also serve as a member of the Audit Committee and Compensation Committee of the Board. Mr. Riv

8-K · 2026-08-11 · 0001493152-26-036984

Read attachment ↗
ex99-1.htm · 8-K · 2026-08-05

EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Stardust Power Announces Offtake Agreement GREENWICH, Conn. - August 5, 2026 - Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium carbonate, today announced that it has entered into a Letter of Intent (the “Agreement”) with Charge CCCV LLC (“C4V”), an American battery technology company, for the supply of battery-grade lithium carbonate from Stardust Power’s lithium refinery in Mus

8-K · 2026-08-05 · 0001493152-26-036102

Read attachment ↗
ex99-1.htm · 8-K · 2026-04-20

EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Stardust Power Secures Institutional Investment Framework Supporting Up to $150 Million Investment GREENWICH, Conn. - April 20, 2026 - Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium carbonate, today announced that it has entered into a Letter of Intent (the “LOI”) with a single institutional investor to support project level financing for its planned lithium refinery in Muskog

8-K · 2026-04-20 · 0001493152-26-018020

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ex99-1.htm · 8-K · 2026-04-13

EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Stardust Power Expands U.S. Lithium Feedstock Pipeline for Muskogee Refinery GREENWICH, Conn. - April 13, 2026 - Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium carbonate, announced today that it has entered into a Letter of Intent (“LOI”) with a strategic counterparty for the supply of up to 15,000 metric tons per annum of lithium carbonate equivalent (“LCE”) in the form of lit

8-K · 2026-04-13 · 0001493152-26-016290

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