---
title: "CO2 Energy Transition | 10-K: FY2025 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283970718.md"
datetime: "2026-04-24T09:28:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283970718.md)
  - [en](https://longbridge.com/en/news/283970718.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283970718.md)
---

# CO2 Energy Transition | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EBIT: As of FY2025, the actual value is USD -3.524 M.

CO2 Energy Transition Corp. operates as a single reportable segment, primarily focused on effecting a business combination.

#### Financial Position

As of December 31, 2025, CO2 Energy Transition Corp. reported cash of $287,601 and a working capital deficit of - $422,177. Total investments held in the trust account amounted to $72,113,895 as of the same date, with $79,891 withdrawn for tax payments during the year ended December 31, 2025. The company has no long-term debt, capital lease obligations, or operating lease obligations, but has a deferred underwriting discount of $2,070,000 payable upon the closing of an initial Business Combination.

#### Operational Metrics

For the year ended December 31, 2025, CO2 Energy Transition Corp. reported a net income of $1,652,360, driven by interest income on investments in the trust account totaling $2,882,889, offset by operating costs of $646,306, a provision for income taxes of $579,272, and interest expense of $4,951. The effective tax rate for 2025 was 26.0%. In the prior year, 2024, the company had a net income of $2,632, with interest income from the trust account of $310,897, operating costs of $246,139, a provision for income taxes of $61,039, and interest expense of $1,087. The effective tax rate for 2024 was 95.9%.

#### Cash Flow

For the year ended December 31, 2025, cash used in operating activities was - $745,359, while cash provided by investing activities was $79,891, and no cash was used in financing activities. For the year ended December 31, 2024, cash used in operating activities was - $305,589, cash used in investing activities was - $69,000,000, and cash provided by financing activities was $70,256,546, primarily from the IPO and private placement unit sales.

#### Outlook / Guidance

CO2 Energy Transition Corp. must complete its initial business combination by May 22, 2026, with a possibility of extending this period for up to six additional months. Management has identified a potential liquidity shortfall and mandatory liquidation as factors raising substantial doubt about its ability to continue as a going concern if a business combination is not successfully completed. To address potential working capital needs, the sponsor may loan the company up to $1,500,000 under a convertible promissory note.

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