NET Power Inc. (NPWR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to NetPower Inc. fourth quarter 2025 earnings conference call. At this time, all participants are on a listen-only mode. A question and answer session will follow the formal presentation. If anyone requires operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Bryce Mendez, Director, Investor Relations. Thank you. Please go ahead. Thank you. Good morning, everyone, and welcome to NetPower's fourth quarter and full year 2025 earnings conference call. With me on the call today, we have our Chief Executive Officer, Danny Rice, and our President and Chief Operating Officer, Mark Horsman. Yesterday, we issued our earnings release for the fourth quarter and full year ended December 31st, 2025, along with an updated investor presentation. Both are available on our investor relations website at ir.netpower.com. During today's call, our remarks will include forward-looking statements. Actual results may differ materially from those stated or implied by forward-looking statements due to risks and uncertainties associated with our business, which are discussed in our SEC filings. We assume no obligation to update any forward-looking statements. With that, I'll turn the call over to Danny Rice, NetPower's Chief Executive Officer. Danny Rice Thanks, Bryce, and thanks, everyone, for joining us this morning. Mark and I are glad to be here, and we have quite a bit of ground to cover. So I'd ask you to pull up the investor presentation and follow along as we walk through it. After our prepared remarks, we'll open the line for questions. So let's start on slide three, and I want to set the stage with a bit of framing before we get ...