Complete Filing Data
Stardust Power Inc. reported Stockholders Equity of -$5.81 million 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 Stardust Power 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 Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Net Income * | -$15.7M | -$23.8M | $139.0K | $15.1M | $4.7M |
| General And Administrative Expense | $16.1M | $18.0M | $5.2M | $2.0M | $3.6M |
| Operating Income Loss | -$16.1M | -$18.0M | -$2.3M | -$2.0M | -$3.6M |
| Nonoperating Income Expense | $359.6K | -$5.8M | |||
| Interest Expense Nonoperating | $186.9K | $50.5K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income * | -$4.5M | -$3.7M | -$3.8M | -$10.1M | -$2.7M | -$1.4M | -$843.8K | -$1.7M | -$245.5K | $2.1M | $3.4M | $6.7M | $1.5M | -$2.0M | $4.6M | -$5.0K |
| General And Administrative Expense | $3.8M | $3.0M | $5.7M | $9.0M | $1.3M | $1.2M | $778.5K | $313.0K | $1.1M | $1.2M | $329.0K | $191.0K | $992.0K | $2.1M | $219.0K | $5.0K |
| Operating Income Loss | -$3.8M | -$3.0M | -$5.7M | -$9.0M | -$1.3M | -$1.2M | -$778.5K | -$313.0K | $1.9M | -$1.2M | -$329.0K | -$191.0K | -$992.0K | -$2.1M | -$219.0K | -$5.0K |
| Nonoperating Income Expense | -$634.1K | -$668.1K | $1.9M | -$1.1M | -$1.4M | -$163.8K | -$65.3K | $2.4M | ||||||||
| Interest Expense Nonoperating | $11.3K | $58.1K | $107.8K | $8.6K | $789.00 | $1.3K |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Stockholders Equity * | -$5.8M | -$19.4M | -$3.7M | -$25.1M | $20.0K | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $3.5M | $912.6K | $1.3M | $842.0K | $20.0K | |
| Retained Earnings Accumulated Deficit | -$68.3M | -$52.6M | -$3.8M | -$14.7M | -$25.1M | -$5.0K |
| Liabilities Current | $14.3M | $25.0M | $1.5M | $3.9M | $2.8M | $205.0K |
| Liabilities And Stockholders Equity | $11.8M | $9.0M | $3.0M | $304.8M | $301.1M | $225.0K |
| Assets | $11.8M | $9.0M | $3.0M | $304.8M | $301.1M | $225.0K |
| Liabilities | $17.6M | $28.4M | $6.8M | $14.8M | $26.2M | $205.0K |
| Assets Current | $4.1M | $2.1M | $2.7M | $109.0K | $1.0M | $225.0K |
| Deferred Compensation Liability Classified Noncurrent | $613.00 | $2.8K | $5.7K | $10.5M | $10.5M | |
| Accounts Payable Current | $8.3M | $10.3M | $1.3M | $75.0K | $135.0K | $6.0K |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | $2.6M | -$359.3K | -$79.0K | -$741.0K | ||
| Derivative Liabilities | $1.0M | $2.5M | $467.0K | $12.9M | ||
| Accrued Liabilities Current | $3.0M | $2.7M | ||||
| Cash And Cash Equivalents At Carrying Value | $3.5M | $912.6K | $1.3M | |||
| Temporary Equity Carrying Amount Attributable To Parent | $304.7M | $300.0M | ||||
| Stock Issued During Period Value Transfer From Early Exercised Stock Liability On Vesting | $1.3K | $2.4K | ||||
| Prepaid Expense And Other Assets Current | $573.8K | $606.3K | $426.5K | |||
| Change In Fair Value Of Investment In Equity Securities | -$709.0K | -$322.1K | ||||
| Assets Held In Trust Noncurrent | $300.1M | |||||
| Marketable Securities Noncurrent | $37.4K | $1.5M | $218.6K | $304.7M | ||
| Property Plant And Equipment Net | $1.8M | $1.8M | $2.0K | |||
| Deferred Costs Current | $25.0K | $116.1K | $1.0M | |||
| Deferred Compensation Liability Current | $1.1K | $1.8K | $3.0K | |||
| Common Stock Value | $975.00 | $460.00 | $4.0K | |||
| Fair Value Of Simple Agreement For Future Equity Notes Issuance Costs | $955.0K | |||||
| Cash | $3.5M | $912.6K | $1.3M | |||
| Unpaid Deferred Transaction Cost | $3.4M | |||||
| Fair Value Of Simple Agreement For Future Equity Issuance Costs | $955.0K | |||||
| Common Stock One Value | $1.0K | $1.0K | ||||
| Accounts Payable And Other Accrued Liabilities Current | $4.8M | $4.7M | $208.1K | |||
| Settlement And Release Of Liabilities1 | $3.0M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | -$5.1M | -$3.9M | -$12.8M | -$13.3M | -$7.7M | -$5.1M | -$2.8M | -$2.0M | -$245.4K | -$3.7M | -$14.9M | -$15.6M | -$18.4M | -$25.7M | -$27.2M | -$25.2M | ||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $1.6M | $2.6M | $1.6M | $1.6M | $642.0K | $388.4K | $957.7K | $6.0K | $3.0K | $101.0K | $247.0K | $389.0K | $528.0K | |||||
| Retained Earnings Accumulated Deficit | -$64.6M | -$60.1M | -$56.4M | -$43.1M | -$23.8M | -$21.4M | -$14.3M | -$14.0M | -$14.8M | -$14.9M | -$15.6M | -$18.4M | -$25.7M | $2.7M | $4.6M | |||
| Liabilities Current | $14.4M | $14.9M | $22.6M | $11.0M | $11.8M | $10.0M | $3.8M | $3.2M | $2.2M | $3.8M | $2.8M | $2.7M | $2.8M | $2.1M | $201.0K | |||
| Liabilities And Stockholders Equity | $10.0M | $11.3M | $11.4M | $5.4M | $1.9M | $20.3M | $42.7M | $42.1M | $41.2M | $302.3M | $301.1M | $300.8M | $301.3M | $301.6M | $301.8M | |||
| Assets | $10.0M | $11.3M | $11.4M | $5.4M | $1.9M | $20.3M | $42.7M | $42.1M | $41.2M | $302.3M | $301.1M | $300.8M | $301.3M | $301.6M | $301.8M | |||
| Liabilities | $15.2M | $15.2M | $24.3M | $18.7M | $24.2M | $21.5M | $14.4M | $14.1M | $15.1M | $15.3M | $16.1M | $19.3M | $27.0M | $28.8M | $27.0M | |||
| Assets Current | $2.4M | $3.7M | $2.4M | $3.3M | $405.0K | $122.0K | $80.0K | $148.0K | $209.0K | $316.0K | $519.0K | $719.0K | $1.2M | $1.6M | $1.8M | |||
| Deferred Compensation Liability Classified Noncurrent | $828.00 | $1.1K | $1.4K | $3.3K | $10.5M | $10.5M | $10.5M | $10.5M | $10.5M | $10.5M | $10.5M | $10.5M | $10.5M | $10.5M | $10.5M | |||
| Accounts Payable Current | $9.3M | $10.6M | $11.9M | $6.5M | $1.9M | $2.0K | $4.0K | $15.0K | $11.0K | $395.0K | $16.0K | $26.0K | $111.0K | $5.0K | ||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | $675.6K | -$883.4K | -$98.0K | -$314.0K | ||||||||||||||
| Derivative Liabilities | $790.7K | $279.5K | $752.1K | $4.7M | $1.9M | $978.0K | $337.0K | $112.0K | $393.0K | $2.4M | $934.0K | $2.8M | $6.1M | $13.7M | ||||
| Accrued Liabilities Current | $5.7M | $6.1M | $4.3M | $1.2M | $1.0M | $828.0K | $3.0M | $2.8M | $2.7M | $2.7M | $1.9M | $110.0K | ||||||
| Cash And Cash Equivalents At Carrying Value | $1.6M | $2.6M | $1.6M | $1.6M | $2.0K | $969.0K | $1.3M | $1.4M | $20.0K | |||||||||
| Temporary Equity Carrying Amount Attributable To Parent | $1.5M | $20.2M | $43.7M | $42.6M | $41.9M | $41.0M | $302.0M | $300.6M | $300.0M | $300.0M | ||||||||
| Stock Issued During Period Value Transfer From Early Exercised Stock Liability On Vesting | $313.00 | $313.00 | $361.00 | $783.00 | $100.00 | $100.00 | ||||||||||||
| Prepaid Expense And Other Assets Current | $455.7K | $147.5K | $318.5K | $1.0M | $405.0K | |||||||||||||
| Change In Fair Value Of Investment In Equity Securities | $27.7K | -$738.9K | $10.8K | $11.7K | -$108.0K | -$54.7K | ||||||||||||
| Assets Held In Trust Noncurrent | $1.5M | $20.2M | $43.7M | $42.6M | $41.9M | $41.0M | $304.7M | $302.0M | $300.6M | $300.1M | $300.1M | $300.1M | $300.0M | |||||
| Marketable Securities Noncurrent | $45.9K | $18.2K | $1.5M | $67.6K | ||||||||||||||
| Property Plant And Equipment Net | $1.8M | $1.8M | $1.8M | $14.8K | ||||||||||||||
| Deferred Costs Current | $25.0K | $25.0K | $25.0K | $199.7K | ||||||||||||||
| Deferred Compensation Liability Current | $1.2K | $1.3K | $1.3K | $4.4K | ||||||||||||||
| Common Stock Value | $883.00 | $8.3K | $5.6K | $4.6K | ||||||||||||||
| Fair Value Of Simple Agreement For Future Equity Notes Issuance Costs | $847.1K | $107.9K | ||||||||||||||||
| Cash | $1.6M | $2.6M | $1.6M | $1.6M | $2.0K | $969.0K | $1.3M | $1.4M | $20.0K | |||||||||
| Unpaid Deferred Transaction Cost | $735.4K | |||||||||||||||||
| Fair Value Of Simple Agreement For Future Equity Issuance Costs | $107.9K | |||||||||||||||||
| Common Stock One Value | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | ||||||||||
| Accounts Payable And Other Accrued Liabilities Current | $4.8M | $4.3M | $4.4M | $4.1M | ||||||||||||||
| Settlement And Release Of Liabilities1 | $3.0M |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$8.3M | -$9.7M | -$975.0K | -$1.5M | -$1.0M |
| Net Cash Provided By Used In Financing Activities | $14.2M | $14.2M | -$262.4M | $785.0K | $301.9M |
| Net Cash Provided By Used In Investing Activities | -$3.4M | -$4.8M | $263.3M | ||
| Increase Decrease In Accounts Payable | -$107.0K | -$3.4M | -$11.0K | -$60.0K | |
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | $328.2K | $2.0M | |||
| Increase Decrease In Prepaid Deferred Expense And Other Assets | -$69.3K | $48.0K | |||
| Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition | $7.6M | $9.8M | |||
| Proceeds From Issuance Of Common Stock | $2.1M | $260.9K | $300.0M | ||
| Increase Decrease In Accrued Liabilities | $1.3M | $343.0K | $2.7M | ||
| Share Based Compensation | $7.6M | $9.8M | |||
| Depreciation Depletion And Amortization | $3.2K | $1.8K | |||
| Payments For Repurchase Of Common Stock | $265.1M | ||||
| Increase Decrease In Accounts Payable Trade | -$60.0K | $64.0K | |||
| Proceeds From Short Term Debt | $337.2K | $2.1M | |||
| Increase Decrease In Prepaid Expense | $6.0K | -$175.0K | |||
| Proceeds From Repayments Of Related Party Debt | -$30.0K | $785.0K | |||
| Proceeds From Related Party Debt | $250.0K | $2.0M | |||
| Payments Of Stock Issuance Costs | $32.6K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q1 2023 | Q1 2022 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$2.9M | -$934.7K | -$567.0K | -$314.0K | -$478.0K | |||||
| Net Cash Provided By Used In Financing Activities | $4.5M | $54.4K | $264.1M | $301.9M | $20.0K | |||||
| Net Cash Provided By Used In Investing Activities | -$960.3K | -$3.1K | $264.6M | |||||||
| Increase Decrease In Accounts Payable | $290.9K | $337.3K | -$64.0K | |||||||
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | -$360.3K | $25.1K | -$2.2M | |||||||
| Increase Decrease In Prepaid Deferred Expense And Other Assets | -$88.9K | $120.2K | ||||||||
| Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition | $1.7M | $1.4M | $3.0M | $6.9M | $58.1K | $59.6K | ||||
| Proceeds From Issuance Of Common Stock | $16.4K | $300.0M | $150.0K | |||||||
| Increase Decrease In Accrued Liabilities | -$2.2M | -$6.0K | $131.0K | |||||||
| Share Based Compensation | $3.0M | $59.6K | ||||||||
| Depreciation Depletion And Amortization | $764.00 | $185.00 | ||||||||
| Payments For Repurchase Of Common Stock | $23.8M | $265.1M | ||||||||
| Increase Decrease In Accounts Payable Trade | -$64.0K | -$109.0K | ||||||||
| Proceeds From Short Term Debt | ||||||||||
| Increase Decrease In Prepaid Expense | $106.0K | $198.0K | $8.0K | |||||||
| Proceeds From Repayments Of Related Party Debt | -$30.0K | |||||||||
| Proceeds From Related Party Debt | $150.0K | |||||||||
| Payments Of Stock Issuance Costs |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Diluted EPS * | -$2.13 | -$5.55 | $0.13 | |||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Preferred Stock Shares Authorized | 100.0M | 100.0M | 5.0M | 5.0M | 5.0M | |
| Weighted Average Number Of Shares Outstanding Basic | 7.4M | 4.3M | ||||
| Earnings Per Share Basic | $-2.13 | $-5.55 | ||||
| Weighted Average Number Of Diluted Shares Outstanding | 7.4M | 4.3M | ||||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | |||
| Common Stock Shares Outstanding | 9.9M | 4.8M | 41.5M | |||
| Common Stock Shares Authorized | 700.0M | 700.0M | 69.0M | |||
| Common Stock Shares Issued | 9.9M | 4.8M | 41.5M | |||
| Preferred Stock Shares Outstanding | 0.00 | |||||
| Preferred Stock Shares Issued | 0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Diluted EPS * | -$0.53 | -$0.06 | -$0.07 | -$2.23 | -$0.07 | -$0.04 | -$0.02 | $0.04 | $0.00 | $0.00 | |||||||
| Preferred 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||
| Preferred Stock Shares Authorized | 100.0M | 100.0M | 100.0M | 100.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | 5.0M | |
| Weighted Average Number Of Shares Outstanding Basic | 8.4M | 63.2M | 53.0M | 4.5M | 40.0M | 39.9M | 40.5M | 30.0M | 25.3M | ||||||||
| Earnings Per Share Basic | $-0.53 | $-0.06 | $-0.07 | $-2.23 | $-0.07 | $-0.04 | $-0.02 | $0.18 | $0.14 | ||||||||
| Weighted Average Number Of Diluted Shares Outstanding | 8.4M | 63.2M | 53.0M | 4.5M | 40.0M | 39.9M | 40.5M | ||||||||||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||||||
| Common Stock Shares Outstanding | 9.0M | 84.3M | 57.7M | 47.9M | 3.2M | ||||||||||||
| Common Stock Shares Authorized | 700.0M | 700.0M | 700.0M | 700.0M | |||||||||||||
| Common Stock Shares Issued | 9.0M | 84.3M | 57.7M | 47.9M | 7.5M | ||||||||||||
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | |||||||||||||||
| Preferred Stock Shares Issued | 0.00 | 0.00 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Fair Value Adjustment Of Warrants | -$1.4M | $511.3K | -$12.5M | -$9.0M | ||
| Interest Income Other | $12.0K | $10.8K | $4.6M | $75.0K | ||
| Investment Income Interest | $2.3M | $4.6M | ||||
| Additional Paid In Capital | $62.5M | $33.2M | $54.8K | $24.0K | ||
| Redemption Of Common Shares | 26.1M | 26.1M | ||||
| Prepaid Expense Current | $8.0K | $183.0K | ||||
| Stock Issued During Period Value New Issues | $2.1M | $269.0K | $90.00 | |||
| Interest Paid Net | $152.3K | $16.1K | ||||
| Fair Value Adjustment Of Warrants Write Off Of Contingent Warrant | -$1.4M | $511.3K | ||||
| Accretion In Value Of Class A Ordinary Shares Subject To Redemption | 4.1M | 4.7M | 30.4M | |||
| Short Term Borrowings | $205.4K | $10.0M | $73.0K | |||
| Write Off Contingent Warrants Associated With Shares Redeemed | 130.0K | |||||
| Capital Project Costs | $5.4M | $3.3M | $100.0K | |||
| Change In Fair Value Of Earn Out Shares | 528.0K | 4.1M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fair Value Adjustment Of Warrants | $511.1K | -$472.5K | -$1.7M | $2.8M | $928.0K | $641.0K | -$281.0K | -$2.0M | $2.0M | -$1.9M | -$3.3M | -$6.8M | -$2.5M | -$156.00 | -$5.6M | |||
| Interest Income Other | $4.00 | $4.7K | $7.3K | $3.4K | $471.0K | $921.0K | $1.5M | $454.0K | $25.0K | $8.0K | $15.0K | |||||||
| Investment Income Interest | $215.0K | $273.0K | $406.0K | $471.0K | $921.0K | $1.5M | ||||||||||||
| Additional Paid In Capital | $59.5M | $56.2M | $43.6M | $29.7M | $2.3M | $374.0K | ||||||||||||
| Redemption Of Common Shares | 2.1M | 26.1M | 26.1M | |||||||||||||||
| Prepaid Expense Current | $120.0K | $14.0K | $79.0K | $142.0K | $206.0K | $69.0K | $130.0K | $191.0K | $256.0K | $323.0K | $390.0K | |||||||
| Stock Issued During Period Value New Issues | $1.5M | $106.1K | $16.4K | $16.3M | $25.0K | |||||||||||||
| Interest Paid Net | $141.7K | $1.3K | ||||||||||||||||
| Fair Value Adjustment Of Warrants Write Off Of Contingent Warrant | -$1.7M | |||||||||||||||||
| Accretion In Value Of Class A Ordinary Shares Subject To Redemption | 707.0K | 921.0K | 1.4M | 1.5M | 554.0K | |||||||||||||
| Short Term Borrowings | $304.7K | $6.3M | $383.8K | |||||||||||||||
| Write Off Contingent Warrants Associated With Shares Redeemed | 130.0K | 130.0K | ||||||||||||||||
| Capital Project Costs | $5.3M | $5.3M | $5.1M | |||||||||||||||
| Change In Fair Value Of Earn Out Shares | 528.0K | 1.6M |
Most recent annual filing with the SEC: March 25, 2026
Data sourced from SEC EDGAR public filings as of August 9, 2026.