Waste Energy Corp. (WAST) is a waste-to-energy development company that converts waste materials into clean diesel fuel, carbon black, and synthetic gas through pyrolysis-based processing. Revenue is planned across four streams: product sales of clean diesel fuel and carbon black to industrial buyers and refineries, environmental credit monetization through carbon credit markets, consulting services to landfills and waste management operators, and future licensing of a patent-pending AI-based emissions monitoring and carbon credit automation technology. As of the 10-K filed May 12, 2025 for fiscal year ended December 31, 2024, the company had generated no commercial revenue, reported a net loss from operations of $1,194,310 for FY2024, and carried negative operating cash flow. The company is classified as a smaller reporting company and its common stock carried no active exchange listing as of the filing date. Three directors serve on the board: Scott Gallagher, Edmund C. Moy, and Scott McBride.
- Revenue model
- Planned transactional revenue from sales of clean diesel fuel and carbon black to industrial buyers; environmental credit sales in voluntary and regulated carbon markets; consulting fees to landfill operators and waste management firms; and licensing royalties from a patent-pending AI emissions monitoring and carbon credit generation technology. No commercial revenue was reported for FY2024.
- Products and services
- Clean diesel fuel refined from waste materials for industrial and commercial use; carbon black as a raw material for tire manufacturing, coatings, and industrial applications; synthetic gas (syngas) used to power internal conversion systems; consulting services for landfill and waste management operators; and a patent-pending AI-based emissions monitoring, management, and automated carbon credit creation technology intended for licensing to industrial partners, waste management firms, and regulatory agencies.
- Customers and end markets
- Target customers include industrial buyers, refineries, commercial fuel users, tire manufacturers, coating producers, landfill operators, and waste management firms. Regulated and voluntary carbon credit markets are a planned revenue end market. No customer concentration data was disclosed for FY2024 given the absence of commercial revenue.
- Value-chain role
- Developer and operator of waste-to-energy conversion technology, positioned as a processor that takes waste inputs and produces fuel and material outputs. Also acts as a technology licensor and environmental advisory consultant in the waste management and clean energy value chain.
- Geographic exposure
- Incorporated and operating in the United States. Principal executive offices not specified in the excerpts. No international operations disclosed in the filing.
Source: SEC 10-K, filed 2025-05-12
Industry:
Services-Business Services, NEC
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