United States Securities and Exchange Commission · EDGAR Accession 0001683168-26-000581

Form C-AR

Annual Report — Regulation Crowdfunding
Issuer CIK 1446275
Period 2025-09-30

LiquidPiston, Inc.

CorporationDEIncorporated 2024BLOOMFIELD, CTliquidpiston.com
B

Financial Condition

two fiscal years, as filed
Revenue +16% YoYBurn decreasingDebt / assets 1%53 employees
Line itemMost recent FYPrior FYΔ
Revenue10,688,2989,182,407▲ 16%
Cost of goods sold7,488,3427,069,226▲ 6%
Net income(1,292,081)(1,524,066)▲ burn
Total assets37,686,52833,298,412▲ 13%
Cash & equivalents30,153,08025,436,722▲ 19%
Accounts receivable619,2611,094,165▼ 43%
Short-term debt107,73899,212▲ 9%
Long-term debt157,606265,651▼ 41%
Taxes paid64,59570,961▼ 9%

Figures in USD as reported by the issuer.