# Hadron Energy, Inc.: overview

HDRN · Nasdaq · CIK 2023730 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/hdrn.md) · [Financials](/companies/hdrn/financials.md) · [Filings](/companies/hdrn/filings.md) · [Insiders](/companies/hdrn/insiders.md)

Latest reported revenue: [$0](/filings/0001193125-26-208945.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed May 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-208945).

## Last eight quarters

| Line item | Unit | Q3 FY2025 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $ | [0.0](/filings/0001193125-25-283009.md) | [0.0](/filings/0001193125-26-208945.md) | [0.0](/filings/0000950170-25-105806.md) | [0.0](/filings/0001193125-25-283009.md) | [0.0 d](/filings/0001193125-26-096526.md) | [0.0](/filings/0001193125-26-208945.md) | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | not reported | not reported | [(0.15)](/filings/0001193125-26-346814.md) | not reported | not reported | not reported | [(0.03)](/filings/0001193125-26-346814.md) |
| Free cash flow | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2025 (2025-12-31) |
| --- | --- | ---: |
| Revenue | $ | [0.0](/filings/0001193125-26-096526.md) |
| Gross margin | % | not reported |
| Operating margin | % | not reported |
| Net margin | % | not reported |
| Diluted EPS | $ per share | not reported |
| Free cash flow | $ | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hdrn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [ARISTEIA CAPITAL, L.L.C.](/funds/1080171.md) | 2026-06-30 | $5.8m | 2,853,906 |  | New +2,853,906 |
| [Yakira Capital Management, Inc.](/funds/1584639.md) | 2026-06-30 | $1.6m | 796,218 |  | New +796,218 |
| [Yorkville Advisors Global, LP](/funds/1838613.md) | 2026-06-30 | $827.4k | 407,608 |  | New +407,608 |
| [Cable Car Capital, LP](/funds/1699575.md) | 2026-06-30 | $812.0k | 400,000 |  | New +400,000 |
| [Centiva Capital, LP](/funds/1692507.md) | 2026-06-30 | $573.7k | 282,609 |  | New +282,609 |
| [Harraden Circle Investments, LLC](/funds/1910592.md) | 2026-06-30 | $573.7k | 282,609 |  | New +282,609 |
| [Meteora Capital, LLC](/funds/1905106.md) | 2026-06-30 | $383.7k | 189,000 |  | New +189,000 |
| [ARISTEIA CAPITAL, L.L.C.](/funds/1080171.md) | 2026-06-30 | $338.7k | 1,986,571 |  | New +1,986,571 |
| [L1 Global Manager Pty Ltd](/funds/1878742.md) | 2026-06-30 | $286.8k | 141,304 |  | New +141,304 |
| [AQR Arbitrage LLC](/funds/1167456.md) | 2026-06-30 | $242.8k | 1,597,445 |  | New +1,597,445 |

## Recent filings

[All 170 filings](/companies/hdrn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-08 | 16:15 ET | [8-K](/filings/0001193125-26-385208.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-385208 |
| 2026-08-12 | 16:14 ET | [8-K](/filings/0001193125-26-346872.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-346872 |
| 2026-08-12 | 16:05 ET | [10-Q](/filings/0001193125-26-346814.md) | Quarterly report, period 2026-06-30 | 0001193125-26-346814 |
| 2026-08-10 | 17:17 ET | [8-K](/filings/0001193125-26-342682.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-342682 |
| 2026-06-18 | 18:19 ET | [8-K](/filings/0001193125-26-274479.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-274479 |
| 2026-06-15 | 17:16 ET | [S-1](/filings/0001193125-26-271293.md) | Registration statement | 0001193125-26-271293 |
| 2026-06-12 | 16:05 ET | [8-K](/filings/0001193125-26-269376.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-269376 |
| 2026-06-05 | 16:05 ET | [8-K](/filings/0001193125-26-259522.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-259522 |
| 2026-06-01 | 19:45 ET | [8-K](/filings/0001193125-26-249151.md) | 2.01 Completion of an acquisition or disposition; 3.03 Change to security holders’ rights; 4.01 Change of auditor; 5.01 Change in control; 5.02 Departure or appointment of officers or directors; 5.03 Amendment to articles or bylaws; 5.06 Item not in the standard list; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-249151 |
| 2026-05-28 | 18:39 ET | [8-K](/filings/0001193125-26-242343.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-242343 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-096526.md), filed Mar 6, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 2023730
- Tickers: HDRN, HDRNW
- Exchange: Nasdaq
- SIC code: 4911 Electric Services
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.
