v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Total revenue $ 1,393,120 $ 934,304
Operating expenses    
Selling, general, and administrative 4,889,331 5,075,902
Research and development 1,606,018 883,772
Total operating expenses 7,237,317 6,520,918
Operating loss (5,844,197) (5,586,614)
Other income (expense)    
Interest expense, net (112,508) (535,817)
Change in fair value of convertible notes 0 (1,091,006)
Change in fair value of warrants/investment rights liability 215,541 (124,618)
Other, net 137,481 459,454
Total other income (expense), net 240,514 (1,291,987)
Loss before taxes (5,603,683) (6,878,601)
Income tax expense 0 0
Net loss (5,603,683) (6,878,601)
Less: Net loss attributable to non-controlling interests (432,936) (5,598)
Net loss attributable to Nuvve Holding Corp. (5,170,747) (6,873,003)
Less: Preferred dividends 79,266 0
Less: Accretion of issuance discount on preferred stock 584,206 0
Net loss attributable to Nuvve Holding Corp. common stockholders $ (5,834,219) $ (6,873,003)
Net loss per share attributable to Nuvve Holding Corp. common stockholders, basic (in dollars per share) $ (28.96) $ (2,792.31)
Net loss per share attributable to Nuvve Holding Corp. common stockholders, diluted (in dollars per share) $ (28.96) $ (2,792.31)
Weighted-average shares used in computing net loss per share attributable to Nuvve Holding Corp. common stockholders, basic (in shares) 201,488 2,461
Weighted-average shares used in computing net loss per share attributable to Nuvve Holding Corp. common stockholders, diluted (in shares) 201,488 2,461
Products    
Revenue    
Total revenue $ 440,831 $ 565,551
Operating expenses    
Cost of revenue 581,891 493,215
Services    
Revenue    
Total revenue 706,361 267,304
Operating expenses    
Cost of revenue 160,077 68,029
Grants    
Revenue    
Total revenue $ 245,928 $ 101,449