Here are the 10-K annual reports from OriginClear Inc (OCLN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow OCLN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OCLN filings page.
OriginClear, Inc. reports higher 2025 revenue but continues to post large losses and faces serious financial strain. Revenue rose to $6,816,843 from $4,407,781, driven largely by Progressive Water Treatment, but cost of goods sold of $5,195,767 and operating expenses kept the business unprofitable.
The company recorded a net loss of $(13,558,351) in 2025 and had an accumulated deficit of $(155,711,198). As of December 31, 2025, it reported a working capital deficit of $(19,036,232), shareholders’ deficit of $(28,382,938), cash of only $828,007, and $2,617,692 in convertible notes and other debt.
Its auditors issued a going concern warning, and management acknowledges the need for significant additional capital, likely through dilutive equity or discounted convertible debt. OriginClear wound down its Modular Water Systems unit and launched two bitcoin-mining joint ventures, which had no material impact on 2025 results, while continuing to build its Water On Demand model in the decentralized industrial water market.