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WASTE ENERGY CORP. 10-Q Filings

WAST OTC

Every 10-Q that WASTE ENERGY CORP. (WAST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow WAST 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 WAST filings page.

Rhea-AI Summary

Waste Energy Corp. reported minimal operating revenue and ongoing losses for the six months ended June 30, 2026 while transitioning to a waste-to-energy focus. Revenue was $105,833, down from $166,667 a year earlier, primarily from renewable consulting and initial recyclable material intake; the Midland conversion equipment has been delivered but not yet placed in service.

The company posted a net loss of $590,394 for the six-month period, a substantial improvement from a $1,562,024 loss in 2025, largely due to fair-value gains on derivative liabilities that also drove Q2 net income of $1,846,763. Operating performance remained weak, with general and administrative expenses of $426,312 and interest and financing-related costs of $739,453.

Liquidity is strained: cash was $26,422, current liabilities were $5,061,723, and the working capital deficit widened to $4,993,801. Derivative liabilities rose to $2,045,395 and convertible notes payable to $1,084,179, reflecting heavy reliance on discounted, highly dilutive convertible and redeemable notes. Management discloses substantial doubt about the ability to continue as a going concern and plans to fund operations through further debt and equity issuance. The company also discloses an Arizona lawsuit related to a pledged receivable and notes multiple subsequent debt-to-equity conversions and finance leadership changes after quarter-end.

Rhea-AI Summary

Waste Energy Corp reported Q3 2025 results showing early revenue from its pivot to renewable and waste-to-energy services. Q3 revenue was $132,500 (consulting $125,000; recyclable intake $7,500), driving quarterly net income of $577,000 largely from a $754,250 gain on debt settlement and a modest derivative fair‑value gain.

For the nine months ended September 30, 2025, revenue totaled $299,167 and net loss was $985,026, reflecting a $2,119,863 non‑cash expense from the change in derivative liabilities. Cash was $47,419 with operating cash use of $50,012, offset by $564,797 from financing. The balance sheet shows a stockholders’ deficit of $3,653,733, current liabilities of $4,214,223, and a derivative liability of $1,554,288. Shares outstanding were 138,036,826 as of November 10, 2025.

The company recorded a $468,048 capital advance for renewable energy equipment pending customs clearance and recognized a new office lease (ROU asset $299,629). Management disclosed substantial doubt about continuing as a going concern and noted litigation seeking $1,321,382 (with $752,500 tied to the company).