CETY on Nasdaq

Clean Energy Technologies, Inc.

Clean Energy Technologies, Inc. is an American natural gas distribution company based in Costa Mesa.2 Its shares trade on Nasdaq under the symbol CETY.2

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Last updated Oct 20, 2026.

Overview

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  • TickerCETY on Nasdaq2
  • IndustryNatural Gas Distribution2
  • HeadquartersIrvine, United States2
  • Incorporated inNV3
  • Business address1340 Reynolds Ave, #120, Irvine, Irvine, Ca 926143
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI5493008YRORGCE2SNH232
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Incorporate Express, 89109 Las Vegas, United States2

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Energy Technologies (H.K.) Limited (“CETY HK”) currently consists of two business verticals in mainland China:4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

27.6%Gross margin5
-118.4%Operating margin5
-315.0%Net margin5
-10.8%Revenue growth, 20255
-109.0%Return on equity5
-$7.9MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

LNG Trading brought in 49% of the revenue Clean Energy Technologies, Inc. broke down this way in fiscal 2024.

  1. LNG Trading$1.2M649%down 79% from 2023
  2. Waste To Energy$1.1M644%up 148% from 2023
  3. Heat Recovery Solutions$158.1K67%down 68% from 2023
  4. Manufacturing and Engineering$9.3K60%down 80% from 2023
Products and services by year
Products and services20232024
LNG Trading$5.7M$1.2M
Waste To Energy$430.0K$1.1M
Heat Recovery Solutions$497.6K$158.1K
Manufacturing and Engineering$47.1K$9.3K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue72¢$1.6M
  • Other costs28¢$595.6K

Out of $2.2M in revenue.5 The company lost money this year.

Financial statements

Revenue78965$2.2M in 2025+34% since 2019
0$2.0M$4.0M$6.0M$8.0M2019: $1.6M$1.6M20192020: $1.4M$1.4M2020−13%2021: $1.3M$1.3M2021−8%2022: $2.7M$2.7M2022+105%2023: $6.7M$6.7M2023+151%2024: $2.4M$2.4M2024−64%2025: $2.2M$2.2M2025−11%
Gross profit78965$595.6K in 2025−9% since 2019
0$500.0K$1.0M$1.5M2019: $657.2K$657.2K20192020: $751.1K$751.1K2020+14%2021: $610.4K$610.4K2021−19%2022: $1.2M$1.2M2022+92%2023: $460.8K$460.8K2023−61%2024: $846.6K$846.6K2024+84%2025: $595.6K$595.6K2025−30%
Operating income78965-$2.6M in 2025+76% since 2019
-$4.0M-$3.0M-$2.0M-$1.0M02019: -$1.5M-$1.5M20192020: -$1.2M-$1.2M2020−15%2021: -$1.6M-$1.6M2021+27%2022: -$989.8K-$989.8K2022−37%2023: -$2.9M-$2.9M2023+196%2024: -$3.3M-$3.3M2024+14%2025: -$2.6M-$2.6M2025−23%
Net income78965-$6.8M in 2025+166% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M0$2.0M2019: -$2.6M-$2.6M20192020: -$3.4M-$3.4M2020+34%2021: $297.6K$297.6K20212022: $147.4K$147.4K2022−50%2023: -$5.6M-$5.6M20232024: -$4.6M-$4.6M2024−19%2025: -$6.8M-$6.8M2025+50%

Every line of the income statement as filed: the last 2 fiscal years, latest first.6

Period ending2024-12-312023-12-31
Total revenue$2.4M$6.7M
Cost of Goods Sold$1.6M$6.2M
Gross Profit$846.6K$460.8K
General and Administrative expense$1.0M$679.0K
Salaries$1.9M$1.6M
Travel$185.9K$247.1K
Professional Fees$578.9K$356.8K
Facility lease and Maintenance$285.8K$310.0K
Consulting$195.6K$196.3K
Depreciation and Amortization$8.9K$26.7K
Total Expenses$4.2M$3.4M
Net Loss from Operations-$3.3M-$2.9M
Other Income$12.6K$79.1K
Change in derivative liability$326.5K
Change in FV of warrant liability$26.6K
Investment loss from Shuya-$125.1K
Loss on debt settlement and write down$8.1K-$1.1M
Interest Income$57.0K$48.6K
Interest and Financing fees-$1.2M-$2.1M
Net Loss before income taxes-$4.6M-$5.7M
Net loss before non-controlling interest from continuing operations-$4.6M-$5.7M
Net income before non-controlling interest from discontinued operation$273.1K
Net loss before non-controlling interest from continuing operations-$4.6M-$5.5M
Income Tax Expense-$22.2K
Net Loss-$4.6M-$5.5M
Net income attributable to non-controlling interest$128.0K
Net loss attributable to Clean Energy Technologies, Inc.-$4.6M-$5.6M
Foreign Currency Translation Loss-$60.6K-$36.2K
Total Comprehensible Loss-$4.6M-$5.6M
Basic weighted average number of common shares outstanding2.9M shares2.6M shares
Diluted weighted average number of common shares outstanding2.9M shares2.6M shares
Net loss per common share basic-$1.60-$2.19
Net loss per common share diluted-$1.60-$2.19

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What it owns

What Clean Energy Technologies, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$138.4K5 Dec 31, 2025$1.4M5 Dec 31, 2024−90.4%
Accumulated depreciation$124.4K5 Dec 31, 2025$1.4M5 Dec 31, 2024−91.3%
Property and equipment, net$14.0K5 Dec 31, 2025$2.9K5 Dec 31, 2024+382.1%
Operating-lease assets (leased space)$299.0K5 Dec 31, 2025$166.7K5 Dec 31, 2024+79.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$602.5K5 Dec 31, 2025$62.1K5 Dec 31, 2024+870.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$748.0K5 Dec 31, 2025$748.0K5 Dec 31, 20240%
Accumulated amortization$119.8K5 Dec 31, 2025$107.9K5 Dec 31, 2024+11.0%
Patents, net$190.8K5 Dec 31, 2025$190.8K5 Dec 31, 20240%

Inventory

ItemLatestA year beforeChange
Inventory, total$470.2K5 Dec 31, 2025$497.0K5 Dec 31, 2024−5.4%

Properties, in its own words

Our corporate headquarters was located at 2990 Redhill Unit A, Costa Mesa, CA., which ended in November 2023. On March 10, 2016, the Company signed a lease agreement for an 18,200-square foot CTU Industrial Building. Lease term was seven years and two months beginning July 1, 2017. In October of 2018 we signed a sublease agreement with our facility in Italy with an indefinite term that may be terminated by either party with a 60-day notice for 1,000 Euro per month. Due to the short termination clause, we are treating this as a month-to-month lease.

We have relocated our corporate offices to 1340 Reynolds Avenue, Unit 120, Irvine, CA 92614. On December 1, 2023, the Company signed a lease agreement for a 3,000-square foot of office space with Metro Creekside California, LLC. Lease term is thirty-eight months beginning December 1, 2023, and expiring on January 31, 2027. This location is used as CETY’s headquarters and coordination center for all domestic and global business units. On October 16, 2023, we signed a sublease agreement to relocate the HRS operations from Costa Mesa to Irvine, California for one year and 7 months commencing December 1, 2023 and ending June 30, 2025. This location is used for Heat Recovery Solutions design, manufacturing, testing, and support. We also signed a temporary storage lease and due to the short termination clause, we are treating this as a month-to-month lease. The lease payments for the years ending December 31, 2025 and 2024, are:

The rest of Item 2

Year · Lease Payment

2025 · 139,979

2024 · 173,931

Our lease expense for the years ended December 31, 2025, and 2024 was $216,812 and $250,267 respectively, which also included common area maintenance.

We also operate offices in Chengdu, China, which serve as operational bases for our NG trading business, and a gas storage and pumping station in Chengdu, China, as well.

Item 2 of the 10-K filed Jun 5, 2026.4

Leadership

Who has led Clean Energy Technologies, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Reza Zarif2006
  2. Kambiz Mahdi2011–now

Chair

  1. Kambiz Mahdi2011–2012

Chief financial officer

  1. Calvin Pang2020–2022
2010201520202025
Board members and other officers (5)

Former names

  • Probe Manufacturing IncJun 9, 2005 to Jul 12, 20173

Timeline

  1. Sep 14, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares19
  2. Aug 14, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares20
  3. Jul 31, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares21
  4. Jul 16, 20268-K Change of auditor22
  5. Jul 8, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares23
  6. Jun 30, 20268-K Executive or director change24
  7. Jun 8, 20268-K Entered a material agreement; New debt or obligation25
  8. May 29, 20268-K Listing notice or transfer26
  9. May 7, 20268-K Earlier financial statements no longer reliable27
  10. Apr 28, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares28
  11. Apr 23, 20268-K Listing notice or transfer29
  12. Mar 10, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares30
  13. Sep 19, 2011New chief executive Kambiz Mahdi becomes CEO13
  14. Jun 13, 2006New chief executive Reza Zarif becomes CEO14

Calendar

Coming up

  1. Nov 18, 2026Reports results for the quarter ending Sep/202631

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

191 filings to the SEC since October 2021: 12 annual reports, 18 quarterly reports, 72 major events, 5 insider forms, 1 private raises, 83 other. The latest 20:

  1. Sep 14, 20268-K EDGAR
  2. Aug 19, 202610-Q EDGAR
  3. Aug 14, 2026NT 10-Q EDGAR
  4. Aug 14, 20268-K EDGAR
  5. Jul 31, 20268-K EDGAR
  6. Jul 27, 202610-Q EDGAR
  7. Jul 16, 20268-K EDGAR
  8. Jul 8, 20268-K EDGAR
  9. Jul 1, 202610-K/A EDGAR
  10. Jun 30, 20268-K EDGAR
  11. Jun 8, 20268-K EDGAR
  12. Jun 5, 202610-K EDGAR
  13. Jun 5, 202610-Q/A EDGAR
  14. Jun 5, 202610-Q/A EDGAR
  15. Jun 5, 202610-Q/A EDGAR
  16. Jun 5, 202610-K/A EDGAR
  17. May 29, 20268-K EDGAR
  18. May 15, 2026NT 10-Q EDGAR
  19. May 7, 20268-K EDGAR
  20. Apr 28, 20268-K EDGAR

The 191 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 21, 2022Mahdi KambizCEOBuy25,000,000Form 4
Sep 21, 2022MGW Investment I LTD10% ownerSale25,000,000Form 4

From Forms 4 filed with the SEC.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2024Chief Executive Officer$275.0K$430.5K32
2024Calvin PangChief Financial Officer40$150.0K$225.0K32
2024Dir. Of operations$190.3K$194.5K32
2024Dir. Of manufacturing$180.2K$181.6K32
2023Kambiz Mahdi59$275.0K$430.5K32
2023Calvin PangChief Financial Officer40$150.0K$225.0K32
2023Jamie Burrows$180.2K$181.6K32
2023Lance Woolley$135.2K$140.0K32

Money raised

Private offerings the company reported to the SEC on Form D.

  1. May 6, 2022Raised $675,000 in a private offering of debt Form D: $3.5 million offered in all Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Beacon Pointe Advisors, LLC92,327$77.9K0.0%No change
Geode Capital Management, LLC73,456$62.0K0.0%−7,850
Vanguard Fiduciary Trust Co64,794$54.7K0.0%+50,003
Vanguard Capital Management LLC42,360$35.8K0.0%+32,345
XTX Topco Ltd18,348$15.5K0.0%+2,138
Northern Trust Corp13,254$11.2K0.0%New
UBS Group AG358$3020.0%−590
Barclays PLC272$2300.0%New
Hrt Financial LP14,679$120.0%New
TD Waterhouse Canada Inc.1$10.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Clean Energy Technologies, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARClean Energy Technologies, Inc.1
  • CIK0001329606
  • Employer ID (EIN)20-26758004
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inNevada4
  • Fiscal year endsDecember 311
  • Industry code (SIC)4924 Natural Gas Distribution1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address1340 Reynolds Ave, #120, Irvine, Irvine, CA 926141
  • Phone(949) 273-49901
  • Shares outstanding12,166,106 as of Aug 19, 202611
  • Public float$9.2M as of Jun 30, 20254
  • AuditorTAAD, LLP, Diamond Bar, California PCAOB ID 58544
  • On EDGAR sinceJun 9, 20051
  • Filings487 in all: 8-K (137), 10-Q (59), 4 (31), UPLOAD (28), CORRESP (26), NT 10-Q (26), 10-K (20), NT 10-K (18)1
    All 48 form types

    10-K/A (15), 3 (15), 10-Q/A (8), S-3/A (8), SB-2/A (8), 8-K/A (6), DEF 14C (6), PRE 14C (6), S-1/A (6), DEF 14A (5), EFFECT (5), 253G2 (4), 424B3 (4), PRE 14A (4), 1-A POS (3), 1-A/A (3), 10QSB (3), QUALIF (3), S-1 (3), SC 13D (3), 424B4 (2), POS AM (2), S-8 (2), SC 13G (2), 1-A (1), 10KSB (1), 3/A (1), 4/A (1), 5 (1), 8-A12B (1), 8-A12G (1), CERT (1), D (1), DEFR14A (1), NT 10-Q/A (1), S-3 (1), S-8 POS (1), SB-2 (1), SC 14F1 (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (10-K) Jun 5, 2026
    Quarterly report (10-Q) Aug 19, 2026
    Proxy statement (DEF 14A) Apr 15, 2025
    Latest 8-K (8-K) Sep 14, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.001CETYNasdaq

From the cover page of the 10-K filed Jun 5, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks Clean Energy Technologies, Inc. names in Item 1A of its 10-K filed Jun 5, 2026: 2 risks under these headings, as written.4

  • RISKS RELATED TO OUR BUSINESS
  • RISKS RELATED TO DOING BUSINESS IN CHINA

Legal proceedings

From time to time, we may be party to litigation matters occurring in the ordinary course of our business. As of the date of this Annual Report, however, there are no material pending legal or governmental proceedings relating to our Company to which we are a party, and to our knowledge there are no material proceedings to which any of our directors, executive officers or affiliates are a party adverse to us or which have a material interest adverse to us.

The opening of Item 3, Legal Proceedings.4

Sources

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