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NET Power (NET Power) Construction In Progress : $21.85 Mil (As of Mar. 2024)


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What is NET Power Construction In Progress?

NET Power's quarterly construction in progress increased from Sep. 2023 ($6.24 Mil) to Dec. 2023 ($14.44 Mil) and increased from Dec. 2023 ($14.44 Mil) to Mar. 2024 ($21.85 Mil).

NET Power's annual construction in progress stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($14.44 Mil).

NET Power Construction In Progress Historical Data

The historical data trend for NET Power's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NET Power Construction In Progress Chart

NET Power Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
- - 14.44

NET Power Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.85 6.24 14.44 21.85

NET Power Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

NET Power (NET Power) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NET Power Inc (NYSE:NPWR.WS) » Definitions » Construction In Progress
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Traded in Other Exchanges
NPWR:USA
Address
404 Hunt Street, Suite 410, Durham, NC, USA, 27701
Website
https://www.netpower.com
NET Power Inc is a clean energy technology company with a mission to deliver the Energy Trifecta: clean, reliable, and low-cost energy. The invents, develops, and licenses clean power generation technology. Its technology provides reliable, on-demand natural gas power with life cycle emissions.