--- title: "CO2 Energy Transition 2025 10-K: $0 Revenue, $0.17 EPS" type: "News" locale: "en" url: "https://longbridge.com/en/news/279241166.md" description: "CO2 Energy Transition reported no revenue for 2025, with a net income of $1,652,360 driven by interest income, resulting in an EPS of $0.17. The company, structured as a SPAC, focuses on identifying a business combination. It recorded a loss from operations of $(646,306) and has not generated any revenues to date. The trust account holds capital for future business combinations, and failure to meet deadlines may lead to liquidation." datetime: "2026-03-16T10:05:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279241166.md) - [en](https://longbridge.com/en/news/279241166.md) - [zh-HK](https://longbridge.com/zh-HK/news/279241166.md) --- # CO2 Energy Transition 2025 10-K: $0 Revenue, $0.17 EPS CO2 Energy Transition reported no revenue for the year and recorded basic and diluted net income per share of $0.17 for 2025, driven primarily by interest income on funds held in its trust account. The company posted a net income of $1,652,360 for 2025 despite a loss from operations, reflecting the blank‑check structure and trust income mechanics. Operating cash and activities remain focused on identifying and executing a qualifying business combination within the prescribed timeframe. **Financial Highlights** - **Revenue:** $0 — the company has not generated any revenues to date. - **Gross Profit:** $0 — no operating activities or sales reported. - **Operating Income:** Loss from operations of $(646,306) for 2025 (loss of $(246,139) for 2024). - **Net Income:** $1,652,360 for 2025 ($2,632 for 2024), driven by interest earned on the trust account. - **Net Income Per Share (Basic & Diluted, non-redeemable common stock):** $0.17 for 2025 ($0.00 for 2024). **Business Highlights** - **Business Focus:** Formed as a blank‑check (SPAC) vehicle to identify and complete an initial business combination and acquire operating target(s). - **Operational Activity:** Primary activities consist of target search, due diligence, travel, and transaction structuring funded from non‑trust cash resources. - **Trust Funding & Use:** Substantially all capital is held in a trust to fund a future business combination; interest on the trust may be used for taxes and ongoing operations. - **Liquidity Timeline Risk:** Continued operations and the ability to complete a business combination depend on meeting the stated deadline for combination; failure to complete a combination will trigger wind‑down and liquidation preparations. Original SEC Filing: CO2 Energy Transition Corp. \[ NOEM \] - 10-K - Mar. 13, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [NOEM.US](https://longbridge.com/en/quote/NOEM.US.md)