Clean Energy Technologies Reports Negative Gross Profit, Critical Cash Shortage, and Ongoing Nasdaq Delisting Risk
CETY sits 92% above its 52-week low of $0.463 on light trading volume (0.1× avg).
Summary
Clean Energy Technologies reported a negative gross profit, critically low cash reserves, and continued reliance on highly dilutive financing, alongside ongoing Nasdaq non-compliance.
Key Events · Corporate Governance and Compliance · CETY
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Going Concern Warning & Critical Cash Position
The company explicitly states 'substantial doubt about the ability of the Company to continue as a going concern.' It reported only $39,078 in cash as of March 31, 2026, and used $836,618 in net cash from operating activities during the quarter, indicating an unsustainable cash burn rate.
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Negative Gross Profit
For the three months ended March 31, 2026, the company reported a gross profit of $(13,930), a significant decline from $411,878 in the prior year. This was primarily due to a shift in revenue mix towards lower-margin natural gas trading and the absence of higher-margin clean energy system sales.
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Continued Reliance on Dilutive Financing
Subsequent to the quarter end, the company secured additional convertible promissory notes and short-term cash advances totaling approximately $1.115 million. These notes feature punitive terms, including conversion prices at 85% of the lowest daily volume-weighted average price (VWAP) or closing bid price, and beneficial ownership limitations, indicating a desperate need for capital.
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Ongoing Nasdaq Non-Compliance
The company received further Nasdaq notices for failing to timely file its 2025 Annual Report on Form 10-K and this Quarterly Report on Form 10-Q, adding to its existing delisting risks previously disclosed.
Analysis · CETY · Energy & Transportation
Clean Energy Technologies' latest quarterly report reveals a company in severe financial distress. The company reported a negative gross profit for the quarter, indicating that its core operations are not covering the cost of goods sold. With only $39,078 in cash and a quarterly operating cash burn of $836,618, the company has an extremely short cash runway. This precarious financial position is further exacerbated by its continued reliance on highly dilutive convertible notes with punitive terms, which are typically associated with 'death spiral' financing. The company also remains non-compliant with Nasdaq's filing requirements, compounding its delisting risk.
How filings like this one have moved
In the 30 days to Sep 16, 2026, 40.2% of the 386 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.51%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CETY was trading at $0.89 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $11.2M. The 52-week trading range was $0.46 to $5.01. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.