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Loss per Share (Tables) | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table sets forth the computation of the Company’s basic and diluted loss per share for the following periods:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
In thousands, except per share data |  | 2025 |  | 2024 |  | 2025 |  | 2024
Numerator |  |  |  |  |  |  |  |
Net loss after income tax |  | $ | (82,047) |  |  | $ | (17,217) |  |  | $ | (455,633) |  |  | $ | (58,849) |
Net loss attributable to NET Power Inc. |  | $ | (28,142) |  |  | $ | (4,268) |  |  | $ | (147,492) |  |  | $ | (15,689) |
Denominator |  |  |  |  |  |  |  |
Weighted-average number shares outstanding, basic and diluted |  | 77,699 |  |  | 72,177 |  |  | 77,350 |  |  | 72,036
Loss per share attributable to shareholders, basic and diluted |  | $ | (0.36) |  |  | $ | (0.06) |  |  | $ | (1.91) |  |  | $ | (0.22) |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | Based on the amounts outstanding at June 30, 2025 and 2024, the Company excluded the following financial instruments from the computation of diluted loss per share because their inclusion would be anti-dilutive:
In thousands |  |  |  |  |  | June 30,
Anti-Dilutive Instruments |  |  |  |  |  | 2025 |  | 2024
Public Warrants |  |  |  |  |  | 8,621 |  | 8,622
Private Placement Warrants |  |  |  |  |  | 10,900 |  | 10,900
Earnout Shares |  |  |  |  |  | 329 |  | 329
BHES Bonus Shares |  |  |  |  |  | 2,068 |  | 2,068
Unvested Class A OpCo Units |  |  |  |  |  | — |  | 242
Vested Class A OpCo Units |  |  |  |  |  | 142,331 |  | 142,476
Unvested RSUs |  |  |  |  |  | 2,273 |  | 933
Unvested PSUs |  |  |  |  |  | 322 |  | 128
Make-Whole Awards |  |  |  |  |  | 1,257 |  | 1,257
Stock Options |  |  |  |  |  | 6,506 |  | 2,460
Total |  |  |  |  |  | 174,607 |  | 169,415

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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