Energy Vault Holdings (NRGV) risk factors
Item 1A of every Energy Vault Holdings, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors72 risks9 new6 dropped10 reworded
Energy Vault expanded disclosures on emerging markets, tariff escalations, tax carryforwards, and backlog definitions. Increased share counts for warrants and equity plans escalated dilution risks.
Filed Mar 18, 2026 - FY2024 10-K risk factors69 risks
Energy Vault has an accumulated deficit of $383.8 million as of December 31, 2024, with net losses of $135.8 million for the year. The company relies on a limited number of customers for the majority of its revenue and depends heavily on third-party suppliers for components manufactured outside the U.S. G-Vault products require large physical spaces, creating permitting delays compared to lithium-ion alternatives.
Filed Apr 01, 2025