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Clean Energy Technologies Restates 2023 & 2024 Financials Due to Errors
stockwatch5d ago

Clean Energy Technologies Restates 2023 & 2024 Financials Due to Errors

Clean Energy Technologies, Inc. is filing an Amendment No. 3 to its Annual Report on Form 10-K for the year ended December 31, 2024, to restate its consolidated financial statements for fiscal years 2024 and 2023. This restatement is necessary due to material historical accounting errors primarily related to the classification, valuation, and collectability assessment of long-term receivables and contract assets, warrant issuance, and the timing of revenue recognition and related interest income. The company will also amend and restate its Quarterly Reports for the fiscal quarters ended March 31, June 30, and September 30, 2025.

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TRX Gold Q3 Production 7,426 oz (+58%); Reaffirms Guidance
stockwatch5d ago

TRX Gold Q3 Production 7,426 oz (+58%); Reaffirms Guidance

TRX Gold reported strong preliminary Q3 2026 results, with gold production reaching 7,426 ounces, a 58% increase year-over-year, driven by record quarterly processing plant throughput of 1,833 tpd. The company reaffirmed its full-year production guidance of 25,000 to 30,000 ounces and saw gold-in-circuit inventory rise to a record 1,706 ounces. Additionally, gold recovery improved to 84.6%, and the company benefited from a record average gold price of $4,731 per ounce. TRX Gold is also accelerating its processing plant expansion, including a new 3,500 tpd SAG mill and upgrades to the existing 2,000 tpd plant, to significantly increase future production capacity.

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