P2 Solar, Inc. Financial Summary

Complete Filing Data

P2 Solar, Inc. reported Net Income Loss of -$34.5 thousand for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean P2 Solar, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2014FY2013FY2012FY2011
Net Income *-$34.5K-$148.4K-$177.5K-$119.8K-$424.2K-$195.2K-$2.6M-$2.9M
Cost of Revenue *$4.4K$99.3K$0.00$124.7K
Revenue *$26.4K$166.3K$0.00$0.00$153.1K
Interest Expense$32.9K$32.2K$30.7K-$6.1K-$17.0K-$637.00-$10.9K
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest-$377.2K-$200.2K-$2.6M-$2.9M
Income Loss From Continuing Operations Per Basic And Diluted Share-$0.01$0.00-$0.05-$0.06
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net-$180.2K-$2.6M-$3.0M
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax$98.4K$2.8K$129.6K-$11.2K
Gross Profit$22.0K$67.0K$0.00$28.3K
Income Taxes Paid Net$0.00$0.00$0.00$0.00
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax$270.00$6.2K
Operating Income Loss-$103.3K-$114.9K-$88.5K-$93.2K
Operating Expenses$125.3K$181.9K$88.5K$93.2K
Income Tax Expense Benefit$0.00$0.00$0.00$0.00
General And Administrative Expense$18.9K$41.5K$1.7K$3.8K
Comprehensive Income Net Of Tax$64.0K-$145.6K-$47.9K-$131.0K
Goodwill Impairment Loss$7.2K$1.8M$2.5M
Other Comprehensive Income Loss Tax-$4.2K-$9.9K$54.0K
Other Comprehensive Income Other Net Of Tax
Interest Expense Related Party$658.00$10.3K
Nonoperating Income Expense$68.8K-$33.5K-$89.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q4 2022Q3 2022Q2 2022Q3 2014Q2 2014Q4 2013Q3 2013Q2 2013Q4 2012Q3 2012Q2 2012Q4 2011Q3 2011Q4 2010Q3 2010
Net Income *-$78.4K-$32.0K-$35.6K-$34.8K-$41.4K-$25.8K-$51.4K-$74.7K-$60.4K-$95.0K-$72.1K-$72.1K-$25.9K-$137.2K-$29.8K-$71.1K-$27.7K-$1.9M-$312.3K-$36.8K-$111.3K
Cost of Revenue *$0.00$4.2K$292.00$23.6K$49.9K$17.9K$0.00$0.00$0.00$127.5K
Revenue *$3.7K$7.4K$15.6K$22.2K$92.4K$39.7K$0.00$0.00$0.00$154.1K
Interest Expense$8.4K$8.4K$8.1K$8.0K$7.8K$7.9K$7.9K-$5.4K-$4.8K-$10.00-$278.00-$243.00-$61.00$107.00$4.00-$1.3K-$925.00
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest-$72.7K-$82.9K-$61.2K-$32.1K-$106.5K-$26.1K-$71.7K-$30.3K-$1.9M-$307.8K-$28.4K-$113.1K
Income Loss From Continuing Operations Per Basic And Diluted Share-$0.01-$0.01$0.00-$0.01-$0.01$0.00$0.00-$0.01-$0.03-$0.01$0.00$0.00
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net-$72.1K-$25.9K-$137.2K-$29.5K-$70.8K-$27.7K-$1.8M-$327.2K-$49.2K-$122.5K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax$121.1K-$26.1K$18.4K-$40.1K$36.6K-$37.8K-$20.1K$102.5K$50.2K
Gross Profit$3.7K$3.2K$15.3K-$1.4K$42.5K$21.7K$0.00$0.00$0.00$26.7K
Income Taxes Paid Net$0.00$0.00$0.00
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax$106.00-$64.00$4.5K-$13.00-$196.00
Operating Income Loss-$19.8K-$34.8K-$19.6K-$46.2K-$16.9K-$32.2K-$23.8K-$18.3K-$28.3K
Operating Expenses$23.5K$38.0K$34.9K$44.8K$59.4K$53.9K$23.8K$18.3K$28.3K
Income Tax Expense Benefit$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
General And Administrative Expense$4.9K$5.5K$6.4K$21.8K$10.7K$5.5K$853.00$46.00$45.00
Comprehensive Income Net Of Tax$42.7K-$58.1K-$17.2K-$74.9K-$4.8K-$63.5K-$71.5K$27.8K-$10.2K
Goodwill Impairment Loss$1.8M-$285.00
Other Comprehensive Income Loss Tax-$10.8K$30.8K-$10.5K$4.5K$8.5K-$1.7K
Other Comprehensive Income Other Net Of Tax$11.0K-$6.1K$30.8K$3.7K-$582.00-$2.6K-$10.5K$4.5K
Interest Expense Related Party
Nonoperating Income Expense-$58.7K$2.9K-$16.0K$11.4K-$24.6K$6.4K-$27.6K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2014FY2013FY2012FY2011
Stockholders Equity-$1.0M-$1.8M-$1.6M-$1.5M-$566.1K-$331.1K$1.8M
Lease And Rental Expense$4.8K$11.8K$12.3K$11.8K
Repayments Of Related Party Debt$19.2K$56.5K$19.0K$24.5K-$126.4K
Liabilities Current$1.0M$1.9M$1.7M$1.7M$650.6K$343.2K$216.7K
Liabilities And Stockholders Equity$102.7K$114.6K$107.2K$22.9K$84.5K$12.1K$2.0M
Liabilities$1.1M$1.9M$1.8M$1.7M$650.6K$343.2K$216.7K
Common Stock Value$127.0K$67.9K$67.9K$67.9K$57.3K$57.2K$52.2K
Assets Current$12.5K$24.4K$16.9K$22.9K$84.5K$12.1K$2.0M
Assets$102.7K$114.6K$107.2K$22.9K$84.5K$12.1K$2.0M
Accumulated Other Comprehensive Income Loss Net Of Tax-$234.7K-$333.1K-$335.9K-$465.5K-$307.4K-$297.5K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$0.00$213.00$7.6K$8.2K$0.00
Defined Benefit Plan Foreign Currency Exchange Rate Changes Plan Assets-$4.2K-$9.9K$54.0K
Prepaid Expense And Other Assets$7.5K$7.2K$149.3K
Loans Payable$40.8K
Preferred Stock Value$1.0K$1.0K$1.0K
Additional Paid In Capital Preferred Stock$2.3M$2.3M$2.3M
Goodwill$90.3K$90.3K$90.3K$0.00
Interest Payable Current$324.2K$293.6K$264.5K$233.1K
Retained Earnings Accumulated Deficit-$8.1M-$8.1M-$8.0M-$7.8M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q3 2014Q2 2014Q1 2014Q4 2013Q3 2013Q2 2013Q1 2013Q4 2012Q3 2012Q2 2012Q1 2012Q4 2011Q3 2011Q4 2010Q3 2010
Stockholders Equity-$1.9M-$1.9M-$1.8M-$1.8M-$1.8M-$1.8M-$1.7M-$1.7M-$1.6M-$1.6M-$735.4K-$662.7K-$579.8K-$598.6K-$540.0K-$507.9K-$444.4K-$418.3K-$232.2K$1.6M
Lease And Rental Expense$355.00$355.00-$29.00$1.9K$2.9K$3.0K$2.9K$2.9K$2.8K$2.9K$2.9K$2.9K
Repayments Of Related Party Debt$34.4K$14.4K$3.7K$48.2K
Liabilities Current$1.9M$1.9M$1.9M$1.9M$1.8M$1.8M$900.5K$682.3K$550.4K$744.3K$650.6K$772.2K$452.0K$425.5K$340.2K$292.3K
Liabilities And Stockholders Equity$102.3K$103.0K$105.9K$43.8K$61.9K$35.7K$165.1K$160.6K$157.8K$145.7K$110.6K$264.3K$7.6K$7.2K$108.0K$1.9M
Liabilities$2.0M$2.0M$2.0M$1.9M$1.8M$1.8M$900.5K$823.3K$737.6K$744.3K$650.6K$772.2K$452.0K$425.5K$340.2K$292.3K
Common Stock Value$67.9K$67.9K$67.9K$67.9K$67.9K$67.9K$67.3K$67.3K$65.3K$60.3K$60.3K$60.3K$57.8K$57.8K$57.0K$56.7K
Assets Current$12.0K$12.8K$15.6K$40.6K$58.7K$32.6K$91.9K$84.7K$84.0K$68.7K$31.1K$161.3K$7.6K$7.2K$108.0K$1.9M
Assets$102.3K$103.0K$105.9K$43.8K$61.9K$35.7K$165.1K$160.6K$157.8K$145.7K$110.6K$264.3K$7.6K$7.2K$108.0K$1.9M
Accumulated Other Comprehensive Income Loss Net Of Tax-$219.8K-$340.9K-$314.7K-$377.2K-$337.1K-$373.7K-$253.9K-$267.3K-$265.5K-$276.0K-$287.0K-$280.8K-$311.6K-$306.9K-$310.6K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$0.00$235.00$3.7K$256.00$35.4K$10.2K$5.1K$195.00$2.3K
Defined Benefit Plan Foreign Currency Exchange Rate Changes Plan Assets$5.1K-$2.4K
Prepaid Expense And Other Assets$68.8K$71.5K$70.9K$7.9K$8.2K$7.2K$7.6K$7.2K$7.2K$7.2K
Loans Payable$141.0K$187.2K$330.7K$199.1K$178.4K$121.4K$111.4K$111.4K$111.4K$111.4K$90.9K
Preferred Stock Value$1.0K$1.0K$1.0K$1.0K$1.0K$1.0K$1.0K
Additional Paid In Capital Preferred Stock$2.3M$2.3M$2.3M$2.3M$2.3M$2.3M$2.3M
Goodwill$90.3K$90.3K$90.3K$3.2K$3.2K$3.2K
Interest Payable Current$318.5K$310.5K$310.5K$285.2K$276.8K$272.6K
Retained Earnings Accumulated Deficit-$8.3M-$8.2M-$8.1M-$8.1M-$8.0M-$8.0M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2014FY2013FY2012FY2011
Net Cash Provided By Used In Operating Activities-$68.8K-$27.7K-$54.9K-$24.1K-$244.0K-$1.6K-$201.0K-$335.0K
Net Cash Provided By Used In Financing Activities$44.8K$19.7K$22.6K$45.3K$255.7K$63.1K$212.7K$272.0K
Payments For Fees$2.6K$1.4K$1.8K$1.4K
Increase Decrease In Prepaid Expense$0.00$3.9K$3.6K$3.8K-$70.7K$142.1K-$145.9K
Increase Decrease In Accounts Payable$2.8K$10.6K$7.6K
Effect Of Exchange Rate On Cash And Cash Equivalents-$2.0K$1.7K-$9.0K
Payments Of Stock Issuance Costs$14.8K$20.8K$94.6K
Increase Decrease In Accrued Liabilities$7.8K$10.0K
Proceeds From Issuance Of Common Stock$14.2K$125.1K
Net Cash Provided By Used In Investing Activities-$10.9K-$62.8K
Increase Decrease In Accrued Interest Receivable Net-$52.0K
Increase Decrease In Accounts Receivable-$11.5K$11.9K$0.00$858.00-$1.9K
Proceeds From Related Party Debt$64.1K$67.4K$16.6K$20.8K
Increase Decrease In Other Receivables$858.00-$865.00-$141.00$25.00
Increase Decrease In Accounts Payable And Accrued Liabilities-$6.6K$50.6K$12.2K$10.4K$36.6K$42.4K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$23.7K$511.00$31.7K-$13.0K
Share Based Compensation$123.5K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ2 2024Q2 2023Q2 2022Q3 2014Q2 2014Q4 2013Q3 2013Q2 2013Q4 2012Q3 2012Q2 2012Q4 2011Q3 2011Q4 2010Q3 2010
Net Cash Provided By Used In Operating Activities-$8.7K-$1.6K-$22.1K-$8.7K-$78.5K-$6.6K
Net Cash Provided By Used In Financing Activities-$8.9K$14.4K$1.5K$8.5K$105.3K$4.1K
Payments For Fees$290.00$755.00$593.00$989.00$435.00$297.00$267.00$437.00$394.00$756.00$281.00$348.00
Increase Decrease In Prepaid Expense$0.00-$3.7K
Increase Decrease In Accounts Payable-$7.9K-$7.0K$2.3K
Effect Of Exchange Rate On Cash And Cash Equivalents-$190.00-$2.3K-$4.9K
Payments Of Stock Issuance Costs$14.8K$10.8K$60.3K
Increase Decrease In Accrued Liabilities-$15.6K
Proceeds From Issuance Of Common Stock
Net Cash Provided By Used In Investing Activities-$34.2K
Increase Decrease In Accrued Interest Receivable Net
Increase Decrease In Accounts Receivable-$11.7K$13.6K$0.00-$347.00
Proceeds From Related Party Debt$25.5K$24.3K$5.2K
Increase Decrease In Other Receivables-$291.00-$841.00$0.00
Increase Decrease In Accounts Payable And Accrued Liabilities-$10.1K$20.7K$4.9K
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$21.1K-$10.2K$14.8K
Share Based Compensation

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2014FY2013FY2012FY2011
Weighted Average Number Of Shares Issued Basic60.8M57.8M54.5M44.7M
Common Stock Shares Issued127.0M67.9M67.9M67.9M
Common Stock Shares Outstanding127.0M67.9M67.9M67.9M
Common Stock Shares Authorized500.0M500.0M500.0M500.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00
Earnings Per Share Diluted$0.00$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q3 2014Q2 2014Q1 2014Q4 2013Q3 2013Q2 2013Q4 2012Q3 2012Q2 2012Q4 2011Q3 2011Q4 2010Q3 2010
Weighted Average Number Of Shares Issued Basic67.3M66.1M60.3M60.3M57.6M57.5M57.5M57.3M56.8M53.4M49.7M44.1M
Common Stock Shares Issued67.9M67.9M67.9M67.9M67.9M67.9M67.4M67.4M65.3M500.0K
Common Stock Shares Outstanding67.9M67.9M67.9M67.9M67.9M67.9M67.3M67.3M65.3M
Common Stock Shares Authorized500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M500.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Earnings Per Share Diluted$0.00$0.00$0.00$0.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2014FY2013FY2012FY2011
Travel And Entertainment Expense$8.4K$13.6K$48.5K$41.1K
Salaries And Wages$72.6K$74.8K$75.4K$73.5K
Other General Expense$15.1K$13.8K$10.6K$14.0K
Legal Fees$82.8K$66.8K$183.3K$91.8K
Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax$2.2K-$16.2K-$2.6M-$2.9M
Utilities Costs$1.3K$3.4K$2.8K$4.5K
Marketing And Advertising Expense$8.1K$2.1K$115.6K$40.0K
Additional Paid In Capital$7.2M$6.5M$6.5M$6.5M$6.2M$6.2M$5.7M
Professional And Contract Services Expense$155.7K$304.1K$107.6K
Other Expenses$180.2K$2.6M$3.0M
Salaries Wages And Officers Compensation$71.1K$74.8K$75.4K$73.5K
Foreign Currency Transaction Gain Loss Before Tax-$41.6K-$1.2K-$56.8K$4.1K$47.0K-$5.0K
Development Stage Enterprise Deficit Accumulated During Development Stage-$8.8M-$8.6M-$6.0M
Costs And Expenses Related Party$53.8K$55.5K$56.6K$59.7K
Professional Fees$52.7K$84.9K$30.2K$29.7K
Interest Paid Net$0.00$3.8K$0.00$0.00
Interest Paid$776.00$20.00$567.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2024Q3 2024Q2 2024Q4 2023Q3 2023Q2 2023Q4 2022Q3 2022Q2 2022Q3 2014Q2 2014Q1 2014Q4 2013Q3 2013Q2 2013Q4 2012Q3 2012Q2 2012Q4 2011Q3 2011Q4 2010Q3 2010
Travel And Entertainment Expense$4.6K$372.00$9.00$1.4K$59.00$2.5K$2.2K$2.5K$7.8K$24.8K$1.0K$5.0K
Salaries And Wages$17.2K$17.2K$17.8K$19.5K$18.3K$18.7K$18.6K$18.9K$18.3K$18.6K$18.5K$18.6K
Other General Expense$664.00$2.1K-$5.00$1.0K$1.0K$334.00$5.2K$359.00$1.6K$5.3K$394.00$212.00
Legal Fees$71.5K$2.6K$23.4K$5.4K$12.7K$3.9K$25.4K$2.0K$1.8K$98.3K$9.6K$31.6K
Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax$2.5K-$72.1K$1.2K-$27.00-$29.8K-$71.1K-$27.7K-$1.9M-$312.3K-$36.8K-$111.3K
Utilities Costs$42.00$554.00$606.00$635.00$1.5K$540.00$512.00$929.00$738.00$811.00
Marketing And Advertising Expense$1.2K-$19.00$1.9K$1.2K$43.00$2.4K$100.7K$722.00$1.2K
Additional Paid In Capital$6.5M$6.5M$6.5M$6.5M$6.5M$6.5M$6.5M$6.5M$6.5M$6.3M$6.3M$6.3M$6.2M$6.2M$6.2M$6.1M
Professional And Contract Services Expense$192.00$54.4K$18.6K$100.0K$24.1K$59.9K$15.1K$1.7K
Other Expenses$52.6K$137.2K$29.5K$70.8K$27.7K$1.8M$327.2K$49.2K$122.5K
Salaries Wages And Officers Compensation$17.2K$54.1K$18.3K$56.2K$18.9K
Foreign Currency Transaction Gain Loss Before Tax-$50.3K$11.2K-$7.6K$19.8K-$16.5K$13.7K-$19.8K-$48.6K-$24.2K-$24.1K$1.2K-$27.00$106.00
Development Stage Enterprise Deficit Accumulated During Development Stage-$7.1M-$7.0M-$6.9M-$9.0M-$8.9M-$8.9M-$8.7M-$8.7M-$8.3M-$6.6M
Costs And Expenses Related Party$13.4K$13.7K$13.7K$13.7K$14.0K$13.9K$13.8K$14.3K$14.7K
Professional Fees$5.2K$18.8K$14.7K$9.3K$34.7K$34.5K$9.1K$3.9K$13.6K
Interest Paid Net$0.00$0.00$0.00
Interest Paid

Most recent annual filing with the SEC: July 15, 2025

Data sourced from SEC EDGAR public filings as of August 7, 2026.