S
XCF Global, Inc.
SAFXCIK 0002019793NasdaqEmerging GrowthIndustrial Organic ChemicalsDelawareFY ends Dec 31
Period
FY 2025
Revenue
$20.82M
Net Income
$74.00M
Total Assets
$419.47M
Equity
$37.65M
Shares Out
295.75M
Op. Cash Flow
$-17.86M
Business
XCF Global, Inc. is a publicly listed company in Industrial Organic Chemicals, incorporated in Delaware. Common stock trades on Nasdaq under the ticker SAFX.
Auto-generated from company profile
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Revenue | 21 | — | |
| Cost of sales | 25 | — | |
| Gross loss | −4 | — | |
| Operating expenses | 7 | 3 | |
| General and administrative expenses | 22 | 18 | |
| Severance expense | 19 | — | |
| Professional fees | 16 | — | |
| Total operating expenses | 64 | 21 | |
| Loss from operations | −68 | −21 | |
| Change in the fair value of note payable | 5 | — | |
| Change in the fair value of loans payable related party | −514,709 | — | |
| Change in fair value of warrants | 210 | — | |
| Loss on issuance of debt | −138,000 | — | |
| Loss on issuance of debt to related party | −41 | — | |
| ELOC commitment fees | −7 | — | |
| Unrealized loss on derivative asset | −16 | — | |
| Realized gain on derivative asset | 1 | — | |
| Interest expense, net | −9 | −3 | |
| Other income (expense), net | −13,975 | — | |
| Total other income (expense) | 142 | −3 | |
| Net income (loss) | 74 | −24 | |
| Income (loss) per common share, basic | 0.52 | — | |
| Income (loss) per common share, diluted | 0.52 | — | |
| Weighted average number of common shares outstanding, basic | 142 | — | |
| Weighted average number of common shares outstanding, diluted | 142 | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 154,937 | 407,182 | — | |
| Restricted cash | 4,295 | 5,824 | — | |
| Accounts receivable | 25 | — | — | |
| Inventory, net | 337,971 | — | — | |
| Other current assets | 784,645 | 62,419 | — | |
| Total current assets | 28 | 1 | — | |
| Security Deposit | 2 | 2 | — | |
| Property, plant and equipment | 390 | 352 | — | |
| TOTAL ASSETS | 419 | 355 | — | |
| Accounts payable | 40 | 8 | — | |
| Professional fees payable | 11 | — | — | |
| Loans payable to related party | 593,231 | 2 | — | |
| Notes payable, current portion | 122 | 110 | — | |
| Warrant liabilities | 751,800 | — | — | |
| Accrued expenses and other current liabilities | 58 | 20 | — | |
| Total current liabilities | 249 | 180 | — | |
| Financial liability, net of closing costs | 133 | 133 | — | |
| TOTAL LIABILITIES | 382 | 313 | — | |
| Commitments and contingencies (Note 11) | — | — | — | |
| Preferred stock; $0.0001 par value, 50,000,000 shares authorized; none issued and outstanding as of December 31, 2025, and 2024, respectively | — | — | — | |
| Common Stock; $0.0001 par value, 500,000,000 shares authorized; 206,473,533 and 140,227,818 shares issued and outstanding as of December 31, 2025, and 2024, respectively | 20,646 | 140,228 | — | |
| Additional paid-in capital | 54 | 70 | — | |
| Accumulated deficit | −17 | −29 | — | |
| TOTAL STOCKHOLDERS EQUITY | 38 | 41 | 30 | |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | 419 | 355 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Stock-based compensation expense | 9 | — | |
| Net realizable value adjustments | 3 | — | |
| Change in fair value of loans payable to related party | 514,709 | — | |
| Amortization of debt discount | 128,927 | — | |
| Fee shares to related party | 1 | — | |
| Conversion of NRA shares post deSPAC | 1 | — | |
| Change in fair value of derivative asset | 15 | — | |
| Accounts receivable | −20 | — | |
| Related party receivables | −65,180 | −2 | |
| Inventories | −3 | — | |
| Other current assets | −585,348 | −2 | |
| Related party payable | −7 | 10 | |
| Accounts payable | 36 | 7 | |
| Professional fees payable | 8 | — | |
| Accrued expenses and other current liabilities | 15 | 35,988 | |
| Net cash used in operating activities | −18 | −11 | |
| Cash acquired in Acquisition | 220,897 | — | |
| Cash paid for operations plant | — | −239,134 | |
| Purchase of property and equipment | — | −29 | |
| Cash paid for construction in progress | −2 | — | |
| Net cash used in investing activities | −2 | −29 | |
| Proceeds from member contributions | 4 | 38 | |
| Proceeds from loan payable to related party | 10 | 2 | |
| Proceeds from note payable | 2 | — | |
| Payment of note payable | −37,740 | — | |
| Proceeds from borrowing | 2 | 500,000 | |
| Debt settlement | −2 | — | |
| Repayment of borrowing | — | −500,000 | |
| ELOC at the market stock sales | 861,228 | — | |
| Net cash provided by financing activities | 19 | 40 | |
| Net decrease in cash, cash equivalents and restricted cash | −253,774 | 236,362 | |
| Cash paid for interest | — | 7 | |
| Capitalization of debt closing costs to construction in progress | 161,475 | 215,299 | |
| Issuance of common stock in exchange for members equity in Acquisition | 1,061 | — | |
| Assumption of net assets (liabilities) in Acquisition | −94 | — | |
| Issuance of membership units to settle related party payables | 500,000 | — | |
| Assumption of net assets (liabilities) from Business Combination | −226 | — | |
| Conversion of convertible note payable to related parties into New XCF common stock | 100 | — | |
| Issuance of common stock for ELOC commitment fee | 7 | — | |
| Conversion of non redemption agreement | 1 | — | |
| Fee shares to related party | 1 | — | |
| Interest capitalization on notes payable | 12 | 5 | |
| Interest capitalization on financial liability | 11 | 10 | |
| Convertible note issued for services from vendor | 6 | — |
Filings
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