--- 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 Total investments held in the trust account amounted to $72,113,895 as of the same date, with $79,891 withdrawn for tax payments during the year ended December 31, 2025.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. ### Related Stocks - [NOEM.US](https://longbridge.com/en/quote/NOEM.US.md) ## Related News & Research - [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.md) - [12:31 ETInventing the Future: Disney Imagineer Lanny Smoot to Headline SIGGRAPH 2026](https://longbridge.com/en/news/286945538.md) - [12:46 ETSpring Cleaning Starts in the Garage: A Step-by-Step Cleanout Guide for Homeowners](https://longbridge.com/en/news/286946537.md) - [Dear D-Wave Quantum Stock Fans, Mark Your Calendars for May 12](https://longbridge.com/en/news/285977949.md) - [SpaceX sets June 12 IPO with $1.75T valuation goal](https://longbridge.com/en/news/287028659.md)