清洁能源技术公司2025年季度报告

For the quarterly period endedMarch 31,2025or Commission File Number:001-41654 CLEAN ENERGY TECHNOLOGIES, INC. (State or other jurisdictionof incorporation or organization) 1340 Reynolds Avenue Unit 120,Irvine,California92614 (Address of principal executive offices)(949)273-4990 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act:Title of each classTrading Symbol(s) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Emerging Growth Company☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for ITEM 1A.RISK FACTORS ---- Accrued Series E preferred dividendSubscription receivable -------(1,419,400)42,51,6329,0(24, Common Stock.001 ParPreferredStockCommonStockto beissuedAdditionalPaidinAccumulatedComprehensiveAccumulatedNonControlling December 31, 20243732139756-41,396)231)Shares issued for stock compensation25,00025---11,975--56,127,9 Shares issued for series E preferred conversion Value of the warrants issued for Mast Hill880Accumulated comprehensive income------12,241-Non controlling interest ownership--------Accrued Series E preferred dividend-------42,715-------(331,231) March 31, 20253479---80,155)747)The accompanying footnotes are an integral part of these unaudited consolidated financial statements 6 Adjustments to reconcile net loss to net cash used in operating activities:Depreciation and amortization Loss from deconsolidation of Shuya-Stock compensation expense12,000Stock issued for stock inducement-Amortization of debt discount108,133Attributable income per equity method - Shuya(81,638)Reversal of inventory impairment reserve(357,639) Increase in accounts receivable – related party(Increase)/ decrease in prepaid expenses Decrease in other assets965(Increase)/ decrease in inventory377,555Increase in accounts payable47,272Increase in accrued interest11,300Decrease in accrued expenses(119,048) Cash flows from investing activitiesInvestment in Heze Hongyuan (Increase)/ decrease in Loan receivables(2,932)Net cash (used in) provided by continuing operations(2,932) Cash flows from financing activitiesProceeds from notes payable and lines of credit2,032,050 Stock issued for cashNet cash provided by continuing operations759,002Net cash provided by discontinued operations Net cash flows provided by financing activities759,002Effect of currency exchange rate changes on cash187Net (decrease) increase in cash and cash equivalents(19,790)Cash and cash equivalents at beginning of period62,101Cash and cash equivalents at end of period$42,311$Supplemental cashflow information:Interest paid$116,812$ These unaudited interim consolidated financial statements as of and for the three months ended March 31, 2025, reflect all adjustmentswhich, in the opinion of management, are necessary to fairly state the Company’s financial position and the results of its operations for These unaudited interim consolidated financial statements should be read in conjunction with the Company’s financial statements and three months ended March 31, 2025 are not necessarily indicative of results for the entire year ending December 31, 2025. The summary of significant accounting policies of Clean Energy Technologies, Inc. is presented to assist in the understanding of theCompany’s financial statements. The financial statements and notes are representations of the Company’s management, who isresponsible for their integrity and objectivity. Our principal executive offices are located at 1340 Reynolds Avenue, Irvine, CA 92614. Our common stock is listed on the Nasdaq Capital Market under the symbol “CETY.”Our internet website address iswww.cetyinc.com.The information contained on our website is not incorporated by reference into thisdocument, and you should not consider any information contained on, or that can be accessed through, our website as part of this The Company has four reportable segments: Clean Energy HRS (HRS) & CETY Europe, CETY Renewables waste to energy, and engineering, consulting & management services, and CETY HK NG trading.8 working capital deficit of3,320,603as of March 31, 2025. The company also had an accumulated deficit of $27,731,745as of March31, 2025. In addition, the Company has had continued negative cash flows used in operating activities. Therefore, there is substantial Technologies also provides Engineering, Consulting, and Project Management Solutions, leveraging its expertise to develop cleanenergy projects for both municipal