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SEC filingNuvve Holding Corp. reported a $4.8M revenue decline (-9.3%) and significantly widened losses in FY2025, reflecting continued operational scaling challenges and the absence of profitability as an early-stage enterprise.
Backlog is defined in Item 7 as being determined based on customer-issued purchase orders or contracts. While this methodology is disclosed, no quantitative backlog figure appears in the authoritative financial packet and therefore cannot be reported. The absence of a disclosed backlog value limits visibility into near-to-medium term revenue conversion potential, though the definition itself confirms contractual underpinnings for future revenue.
As highlighted in Item 1A, supply chain, production, and sales channel capacity constraints among EV charging equipment vendors may hinder infrastructure expansion pace — a macro risk relevant to Nuvve’s go-to-market execution. This contextualizes the challenges embedded in the Company’s financial performance and reinforces why sustained losses and external financing dependence remain inherent to its current stage.