$NPWR
NET Power Inc. Stock $npwr

$npwr Overview Financials Valuation SEC Filings Company Website

2022 Q2 Form 10-Q Financial Statement

#000121390022048084 Filed on August 15, 2022

Income Statement

Concept	2022 Q2	2022 Q1	2021 Q4
Revenue	$0.00	$0.00	$0.00
YoY Change
Cost Of Revenue	$160.0K	$60.00K
YoY Change
Gross Profit	$53.00K	$160.0K
YoY Change
Gross Profit Margin
Selling, General & Admin	$422.6K	$353.2K	$253.4K
YoY Change	188.5%	900.79%
% of Gross Profit	797.42%	220.74%
Research & Development	$4.800M	$3.250M
YoY Change
% of Gross Profit	9056.6%	2031.25%
Depreciation & Amortization	$3.325M	$3.280M
YoY Change
% of Gross Profit	6273.58%	2050.0%
Operating Expenses	$422.6K	$353.2K	$253.4K
YoY Change	188.48%	900.79%
Operating Profit	-$422.6K	-$353.2K
YoY Change	188.5%
Interest Expense	$6.681M	$17.93M	$2.085M
YoY Change	-290.64%
% of Operating Profit
Other Income/Expense, Net	$0.00	$17.93M	$0.00
YoY Change	-100.0%
Pretax Income	$6.258M	$17.57M	$1.832M
YoY Change	-197.5%	-49894.22%
Income Tax	$0.00
% Of Pretax Income	0.0%
Net Earnings	$6.258M	$17.57M	$1.762M
YoY Change	-197.5%	-49897.04%
Net Earnings / Revenue
Basic Earnings Per Share	-$3.70
Diluted Earnings Per Share	$139.5K	$391.8K	$40.85K
COMMON SHARES
Basic Shares Outstanding	3.716M shares
Diluted Shares Outstanding	3.716M shares

Balance Sheet

Concept	2022 Q2	2022 Q1	2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.127M	$2.281M	$2.570M
YoY Change	-48.22%
Cash & Equivalents	$2.127M	$2.281M	$2.570M
Short-Term Investments
Other Short-Term Assets	$548.6K	$686.3K	$746.7K
YoY Change	-46.21%	118.92%
Inventory
Prepaid Expenses	$548.6K		$746.7K
Receivables
Other Receivables
Total Short-Term Assets	$2.684M	$2.975M	$3.325M
YoY Change	-47.67%	849.14%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$345.5M	$345.1M	$345.0M
YoY Change	0.14%
Total Long-Term Assets	$345.5M	$345.1M	$345.0M
YoY Change	0.14%
TOTAL ASSETS
Total Short-Term Assets	$2.684M	$2.975M	$3.325M
Total Long-Term Assets	$345.5M	$345.1M	$345.0M
Total Assets	$348.2M	$348.1M	$348.4M
YoY Change	-0.56%	110924.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.241K	$5.180K	$143.4K
YoY Change	-99.64%	-56.83%
Accrued Expenses	$649.3K	$517.7K	$375.9K
YoY Change	43.42%	180.91%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change	-100.0%	-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$653.6K	$522.9K	$519.3K
YoY Change	-63.82%	61.99%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$17.66M	$23.90M	$41.80M
YoY Change	-54.2%
Total Long-Term Liabilities	$17.66M	$23.90M	$41.80M
YoY Change	-54.2%
TOTAL LIABILITIES
Total Short-Term Liabilities	$653.6K	$522.9K	$519.3K
Total Long-Term Liabilities	$17.66M	$23.90M	$41.80M
Total Liabilities	$18.32M	$24.71M	$42.32M
YoY Change	-54.35%	7564.54%
SHAREHOLDERS EQUITY
Retained Earnings	-$16.03M		-$38.56M
YoY Change
Common Stock	$0.00		$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$16.03M	$323.3M	-$38.56M
YoY Change
Total Liabilities & Shareholders Equity	$348.2M	$348.1M	$348.4M
YoY Change	-0.56%	110924.36%

Cashflow Statement

Concept	2022 Q2	2022 Q1	2021 Q4
OPERATING ACTIVITIES
Net Income	$6.258M	$17.57M	$1.762M
YoY Change	-197.5%	-49897.04%
Depreciation, Depletion And Amortization	$3.325M	$3.280M
YoY Change
Cash From Operating Activities	-$154.3K	-$204.2K	-$72.01K
YoY Change	474.56%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$0.00		$0.00
YoY Change	-100.0%
Cash From Investing Activities	$0.00	$0.00	$0.00
YoY Change	-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	-85.00K	-166.6K
YoY Change	-100.0%
NET CHANGE
Cash From Operating Activities	-154.3K	-204.2K	-72.01K
Cash From Investing Activities	0.000	0.000	0.000
Cash From Financing Activities	0.000	-85.00K	-166.6K
Net Change In Cash	-154.3K	-289.2K	-238.6K
YoY Change	-98.93%
FREE CASH FLOW
Cash From Operating Activities	-$154.3K	-$204.2K	-$72.01K
Capital Expenditures	$0.00	$0.00
Free Cash Flow	-$154.3K	-$204.2K
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Registrant Name EntityRegistrantName	RICE ACQUISITION CORP. II
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	E9
	dei	Entity File Number EntityFileNumber	001-40503
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	98-1580612
	dei	Entity Address Address Line1 EntityAddressAddressLine1	102 East Main Street
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Second Story Carnegie
	dei	Entity Address City Or Town EntityAddressCityOrTown	Pennsylvania
	dei	Entity Address State Or Province EntityAddressStateOrProvince	PA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	15106
	dei	City Area Code CityAreaCode	(713)
	dei	Local Phone Number LocalPhoneNumber	446-6259
	dei	Security12b Title Security12bTitle	Class A ordinary shares, par value $.0001 per share
	dei	Trading Symbol TradingSymbol	RONI
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	true
CY2022Q2	us-gaap	Cash Cash	2126928	usd
CY2021Q4	us-gaap	Cash Cash	2570409	usd
CY2022Q2	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	7960	usd
CY2021Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	7960	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	548630	usd
CY2021Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	746720	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	2683518	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	3325089	usd
CY2022Q2	us-gaap	Assets Held In Trust AssetsHeldInTrust	345513074	usd
CY2021Q4	us-gaap	Assets Held In Trust AssetsHeldInTrust	345044341	usd
CY2022Q2	us-gaap	Assets Assets	348196592	usd
CY2021Q4	us-gaap	Assets Assets	348369430	usd
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	4241	usd
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	143405	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	649324	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	375918	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	653565	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	519323	usd
CY2022Q2	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	11721500	usd
CY2021Q4	us-gaap	Deferred Compensation Liability Classified Noncurrent DeferredCompensationLiabilityClassifiedNoncurrent	11721500	usd
CY2022Q2	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	5940340	usd
CY2021Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	30077750	usd
CY2022Q2	us-gaap	Liabilities Liabilities	18315405	usd
CY2021Q4	us-gaap	Liabilities Liabilities	42318573	usd
CY2022Q2	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	345387074	usd
CY2021Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	345000000	usd
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2022Q2	roni	Common Stock Value1 CommonStockValue1	863	usd
CY2021Q4	roni	Common Stock Value1 CommonStockValue1	863	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-16032409	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-38559114	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-16031546	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-38558251	usd
CY2022Q2	us-gaap	Minority Interest MinorityInterest	525659	usd
CY2021Q4	us-gaap	Minority Interest MinorityInterest	-390892	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-15505887	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-38949143	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	348196592	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	348369430	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	392630	usd
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	146494	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	715813	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	181782	usd
CY2022Q2	roni	General And Administrative Expenses Related Party GeneralAndAdministrativeExpensesRelatedParty	30000	usd
	roni	General And Administrative Expenses Related Party GeneralAndAdministrativeExpensesRelatedParty	60000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-422630	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-146494	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-775813	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-181782	usd
CY2022Q2	roni	Change In Fair Value Of Derivative Warrant Liabilities ChangeInFairValueOfDerivativeWarrantLiabilities	6242323	usd
CY2021Q2	roni	Change In Fair Value Of Derivative Warrant Liabilities ChangeInFairValueOfDerivativeWarrantLiabilities	-3505250	usd
	roni	Change In Fair Value Of Derivative Warrant Liabilities ChangeInFairValueOfDerivativeWarrantLiabilities	24137410	usd
	roni	Change In Fair Value Of Derivative Warrant Liabilities ChangeInFairValueOfDerivativeWarrantLiabilities	-3505250	usd
CY2022Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	438258	usd
CY2021Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	945	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	468733	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	945	usd
CY2021Q2	roni	Financing Costs FinancingCosts	592641	usd
	roni	Financing Costs FinancingCosts	592641	usd
CY2021Q2	roni	Loss Upon Issuance Of Private Placement Warrants LossUponIssuanceOfPrivatePlacementWarrants	2175000	usd
	roni	Loss Upon Issuance Of Private Placement Warrants LossUponIssuanceOfPrivatePlacementWarrants	2175000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	6257951	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-6418440	usd
	us-gaap	Profit Loss ProfitLoss	23830330	usd
	us-gaap	Profit Loss ProfitLoss	-6453728	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	240690	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-246863	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	916551	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-248220	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	6017261	usd
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6171577	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	22913779	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6205508	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-38949143	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	17572379	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-21376764	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	6257951	usd
CY2022Q2	us-gaap	Temporary Equity Accretion To Redemption Value Adjustment TemporaryEquityAccretionToRedemptionValueAdjustment	-387074	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-15505887	usd
CY2021Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	25000	usd
CY2021Q1	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	1000	usd
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-35288	usd
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-9288	usd
CY2021Q2	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	-28785962	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-6418440	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-35213690	usd
	us-gaap	Profit Loss ProfitLoss	23830330	usd
	us-gaap	Profit Loss ProfitLoss	-6453728	usd
	us-gaap	Other Selling General And Administrative Expense OtherSellingGeneralAndAdministrativeExpense	26000	usd
	us-gaap	Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty	9360	usd
	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-24137410	usd
	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	3505250	usd
	us-gaap	Interest Income Other InterestIncomeOther	468733	usd
	us-gaap	Interest Income Other InterestIncomeOther	945	usd
	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	2175000	usd
	roni	Offering Costs Associated With Warrants OfferingCostsAssociatedWithWarrants	592641	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-198090	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	1019935	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-54164	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1121776	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	273406	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	17732	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-358481	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-26849	usd
	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments	345026000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-345026000	usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	326474038	usd
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement	10900000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	85000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	6739299	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-85000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	330634739	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-443481	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-14418110	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2570409	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2126928	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-14418110	usd
	roni	Offering Costs Included In Accounts Payable OfferingCostsIncludedInAccountsPayable	65577	usd
	roni	Offering Costs Included In Accrued Expenses OfferingCostsIncludedInAccruedExpenses	435000	usd
	roni	Offering Costs Paid By Related Party Under Promissory Note OfferingCostsPaidByRelatedPartyUnderPromissoryNote	157227	usd
	roni	Deferred Underwriting Commissions DeferredUnderwritingCommissions	11721500	usd
CY2021Q2	roni	Generating Gross Proceeds GeneratingGrossProceeds	345000000	usd
CY2021Q2	us-gaap	Other Ownership Interests Offering Costs OtherOwnershipInterestsOfferingCosts	19100000	usd
CY2021Q2	roni	Deferred Underwriting Commissions DeferredUnderwritingCommissions	11700000	usd
CY2021Q2	us-gaap	General Partners Offering Costs GeneralPartnersOfferingCosts	593000	usd
	us-gaap	Sale Of Stock Consideration Received On Transaction SaleOfStockConsiderationReceivedOnTransaction	345026000	usd
	roni	Maturity Of Money Market Funds Term MaturityOfMoneyMarketFundsTerm	P185D
	roni	Percentage Of Fair Market Value PercentageOfFairMarketValue	0.80	pure
CY2022Q2	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	10
CY2022Q2	us-gaap	Assets Net AssetsNet	5000001	usd
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	100000	usd
CY2022Q2	roni	Operating Bank Amount OperatingBankAmount	2100000	usd
CY2022Q2	roni	Working Capital Deficit WorkingCapitalDeficit	2000000	usd
	us-gaap	Other Expenses OtherExpenses	25000	usd
CY2022Q2	us-gaap	Other Loans Payable OtherLoansPayable	126000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of income and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Concentration of Credit Risk</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Deposit Insurance Corporation coverage limit of $250,000. As of June 30, 2022 and December 31, 2021, the Company had not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i> </i></b></p>
CY2022Q2	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles	5000001	usd
CY2022Q2	us-gaap	Shares Issued SharesIssued	19525000	shares
CY2022Q2	roni	Price Per Warrant PricePerWarrant	1
CY2021Q2	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	10000	usd
CY2022Q2	us-gaap	Interest Costs Incurred InterestCostsIncurred	30000	usd
	us-gaap	Interest Costs Incurred InterestCostsIncurred	60000	usd
	roni	Offering Costs Paid By Related Party Under Promissory Note OfferingCostsPaidByRelatedPartyUnderPromissoryNote		usd
CY2021Q2	roni	Initial Public Offering Description1 InitialPublicOfferingDescription1	the Company consummated its Initial Public Offering of 34,500,000 Units, which included the full exercise of the underwriters’ option to purchase an additional 4,500,000 Units to cover over-allotments, at $10.00 per Unit, generating gross proceeds of $345.0 million, and incurring offering costs of approximately $19.1 million, of which approximately $11.7 million and approximately $593,000 was for deferred underwriting commissions and offering costs allocated to the derivative warrant liabilities, respectively. Of the 34,500,000 Units sold, affiliates of Rice Investment Group had purchased 1,010,000 Units (the “Affiliated Units”) at the Initial Public Offering price. The underwriters did not receive any underwriting discounts or commissions on the 1,010,000 Affiliated Units.
CY2021Q1	roni	Founder Shares And Sponsor Shares Description FounderSharesAndSponsorSharesDescription	the Sponsor received 7,187,500 Class B Units of Opco for no consideration and purchased 7,187,600 of the Company’s Class B ordinary shares, par value $0.0001, 2,500 of the Company’s Class A ordinary shares and 100 Class A Units of Opco for aggregate consideration of $26,000. Of the aggregate consideration, Opco received $1,000 for the Class A Units and the Company received $25,000 for the Class A ordinary shares and the Class B ordinary shares. The Company then subscribed for 2,500 Class A Units of Opco for $25,000.
CY2021Q2	roni	Founder Shares And Sponsor Shares Description FounderSharesAndSponsorSharesDescription	the Sponsor forfeited 90,000 Class B Units of Opco, and 30,000 Class B Units of Opco were issued to each of the Company’s independent director nominees. The Sponsor transferred a corresponding number of shares of the Company’s Class B ordinary shares to the Company’s independent director nominees. In June 2021, the Company effected a dividend, and Opco effected a distribution, resulting in an aggregate of 8,625,000 Class B ordinary shares and 8,624,900 Class B Units of Opco outstanding, of which the Sponsor owned 8,535,000 of the Company’s Class B ordinary shares and 8,534,900 Class B Units of Opco.
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum	0.20	pure
	roni	Sponsor Shares Description SponsorSharesDescription	The Company refers to the 8,624,900 Class B ordinary shares and corresponding number of Class B Units of Opco (or the Class A Units of Opco into which such Class B Units will convert) collectively as the “Founder Units”. The Founder Units consist of Class B Units of Opco (and any Class A Units of Opco into which such Class B Units are converted) and a corresponding number of Class B ordinary shares, which together will be exchangeable for shares of the Company’s Class A ordinary shares after the time of the initial Business Combination on a one-for-one basis, subject to adjustment as provided herein. The Company refers to the 2,500 Class A ordinary shares and the 100 Class A Units of Opco and a corresponding number of shares of the Company’s non-economic Class B ordinary shares (which together will be exchangeable into Class A ordinary shares after the initial Business Combination on a one-for-one basis) collectively as the “Sponsor Units”.
	roni	Outstanding Shares Percentage OutstandingSharesPercentage	0.20	pure
CY2021Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	167000	usd
	roni	Working Capital Loans WorkingCapitalLoans	1500000	usd
CY2022Q2	roni	Additional Units Purchased AdditionalUnitsPurchased	4500000	shares
	roni	Affiliated Units AffiliatedUnits	1010000	shares
	roni	Underwriting Discount UnderwritingDiscount	0.2
CY2022Q2	roni	Aggregate Amount AggregateAmount	6700000	usd
	us-gaap	Other Underwriting Expense OtherUnderwritingExpense	11700000	usd
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	345000000	usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	10260000	usd
	us-gaap	Temporary Equity Accretion To Redemption Value Adjustment TemporaryEquityAccretionToRedemptionValueAdjustment	18525962	usd
	roni	Accretion On Class A Ordinary Shares Subject To Possible Redemption Amount AccretionOnClassAOrdinarySharesSubjectToPossibleRedemptionAmount	28785962	usd
CY2021Q4	roni	Class A Ordinary Shares Subject To Possible Redemption ClassAOrdinarySharesSubjectToPossibleRedemption	345000000	usd
	roni	Increase In Redemption Value Of Class A Ordinary Shares Subject To Redemption IncreaseInRedemptionValueOfClassAOrdinarySharesSubjectToRedemption	387074	usd
CY2022Q2	roni	Class A Ordinary Shares Subject To Possible Redemption ClassAOrdinarySharesSubjectToPossibleRedemption	345387074	usd
	us-gaap	Debt Conversion Converted Instrument Rate DebtConversionConvertedInstrumentRate	0.20	pure
CY2022Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q2	roni	Exercise Price Per Share ExercisePricePerShare	11.5
	roni	Expire Year ExpireYear	P5Y
CY2022Q2	roni	Percentage Of Exercise Price Of Warrants Adjusted PercentageOfExercisePriceOfWarrantsAdjusted	1.15	pure
	us-gaap	Warrant Exercise Price Increase WarrantExercisePriceIncrease	0.01
	roni	Ordinary Shares Equals Or Exceeds Per Share OrdinarySharesEqualsOrExceedsPerShare	10
CY2022Q2	us-gaap	Increase Decrease In Fair Value Adjustments On Assets And Liabilities Carried At Fair Value Under Fair Value Option IncreaseDecreaseInFairValueAdjustmentsOnAssetsAndLiabilitiesCarriedAtFairValueUnderFairValueOption	6200000	usd
	us-gaap	Increase Decrease In Fair Value Adjustments On Assets And Liabilities Carried At Fair Value Under Fair Value Option IncreaseDecreaseInFairValueAdjustmentsOnAssetsAndLiabilitiesCarriedAtFairValueUnderFairValueOption	24100000	usd
CY2021Q2	us-gaap	Increase Decrease In Fair Value Adjustments On Assets And Liabilities Carried At Fair Value Under Fair Value Option IncreaseDecreaseInFairValueAdjustmentsOnAssetsAndLiabilitiesCarriedAtFairValueUnderFairValueOption	3500000	usd
	us-gaap	Increase Decrease In Fair Value Adjustments On Assets And Liabilities Carried At Fair Value Under Fair Value Option IncreaseDecreaseInFairValueAdjustmentsOnAssetsAndLiabilitiesCarriedAtFairValueUnderFairValueOption	3500000	usd
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice	11.5
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice	11.5
CY2022Q2	roni	Stock Pricein Dollars Per Share StockPriceinDollarsPerShare	9.76
CY2021Q4	roni	Stock Pricein Dollars Per Share StockPriceinDollarsPerShare	10
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.0759	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.2182	pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y9M14D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y5M15D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.03	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.013	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
CY2021Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	17140250	usd
CY2022Q1	roni	Change In Fair Value Of Derivatives Warrant Liabilities ChangeInFairValueOfDerivativesWarrantLiabilities	10305950	usd
CY2022Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	6834300	usd
CY2022Q2	roni	Change In Fair Value Of Derivatives Warrant Liabilities ChangeInFairValueOfDerivativesWarrantLiabilities	3481460	usd
CY2022Q2	us-gaap	Derivative Liabilities DerivativeLiabilities	3352840	usd
	roni	Issuance Of Public And Private Warrants IssuanceOfPublicAndPrivateWarrants	21160000	usd
	roni	Loss Upon Issuance Of Private Warrants LossUponIssuanceOfPrivateWarrants	2175000	usd
	roni	Change In Fair Value Of Derivatives Warrant Liabilities ChangeInFairValueOfDerivativesWarrantLiabilities	-3505250	usd
CY2021Q2	us-gaap	Derivative Liabilities DerivativeLiabilities	26840250	usd
	us-gaap	Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty		usd
	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims		usd
	roni	Offering Costs Associated With Warrants OfferingCostsAssociatedWithWarrants		usd
	us-gaap	Payments To Acquire Restricted Investments PaymentsToAcquireRestrictedInvestments		usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering		usd
	us-gaap	Proceeds From Issuance Of Private Placement ProceedsFromIssuanceOfPrivatePlacement		usd
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents		usd
	roni	Offering Costs Included In Accounts Payable OfferingCostsIncludedInAccountsPayable		usd
	roni	Offering Costs Included In Accrued Expenses OfferingCostsIncludedInAccruedExpenses		usd
CY2021Q2	roni	General And Administrative Expenses Related Party GeneralAndAdministrativeExpensesRelatedParty		usd
CY2022Q2	roni	Financing Costs FinancingCosts		usd
	roni	Financing Costs FinancingCosts		usd
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest		usd
	us-gaap	Other Selling General And Administrative Expense OtherSellingGeneralAndAdministrativeExpense		usd
	roni	Deferred Underwriting Commissions DeferredUnderwritingCommissions		usd
CY2021Q1	us-gaap	Derivative Liabilities DerivativeLiabilities		usd
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Central Index Key EntityCentralIndexKey	0001845437

Files In Submission

Name	View Source	Status
0001213900-22-048084-index-headers.html	Edgar Link	pending
0001213900-22-048084-index.html	Edgar Link	pending
0001213900-22-048084.txt	Edgar Link	pending
0001213900-22-048084-xbrl.zip	Edgar Link	pending
f10q0622ex31-1_riceacquis2.htm	Edgar Link	pending
f10q0622ex31-2_riceacquis2.htm	Edgar Link	pending
f10q0622ex32-1_riceacquis2.htm	Edgar Link	pending
f10q0622ex32-2_riceacquis2.htm	Edgar Link	pending
f10q0622_riceacquis2.htm	Edgar Link	pending
f10q0622_riceacquis2_htm.xml	Edgar Link	completed
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
roni-20220630.xsd	Edgar Link	pending
Show.js	Edgar Link	pending
roni-20220630_cal.xml	Edgar Link	unprocessable
roni-20220630_def.xml	Edgar Link	unprocessable
roni-20220630_pre.xml	Edgar Link	unprocessable
roni-20220630_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$NPWR
NET Power Inc. Stock $npwr

2022 Q2 Form 10-Q Financial Statement

#000121390022048084 Filed on August 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NPWR NET Power Inc. Stock $npwr

2022 Q2 Form 10-Q Financial Statement

#000121390022048084 Filed on August 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NPWR
NET Power Inc. Stock $npwr