Core Insights - Acceleware Ltd. reported financial and operational results for the three and nine months ended September 30, 2025, highlighting significant changes in revenue and comprehensive income compared to previous periods [1][2][12][16][17]. Financial Highlights - Revenue for Q3 2025 was $53,770, a decrease from $1.3 million in Q3 2024 and $202,000 in Q2 2025 [2][12]. - For the nine months ended September 30, 2025, revenue totaled $686,519, down from $3.3 million in the same period of 2024, primarily due to the recognition of deferred revenue in the prior year [2][16]. - Comprehensive loss for Q3 2025 was $578,487, compared to a comprehensive income of $856,500 in Q3 2024 [2][13]. - Total comprehensive loss for the nine months ended September 30, 2025, was $1.7 million, contrasting with a comprehensive income of $1.1 million for the same period in 2024 [2][17]. Operational Highlights - Acceleware aims to enhance western Canadian resources through innovative electromagnetic RF heating applications, focusing on increasing production and reducing operating costs [3]. - The company is advancing its RF XL 2.0 technology, with discussions ongoing for commercial demonstration agreements in Saskatchewan and Alberta [4][5]. - The RF XL 2.0 design is complete, promising a 30% reduction in per well capital costs compared to the previous version, along with improved deployment and safety features [6]. Research and Development - R&D expenditures for Q3 2025 were $211,725, compared to negative $196,809 in Q3 2024, reflecting a shift in funding dynamics [2][14]. - For the nine months ended September 30, 2025, R&D expenses totaled $899,149, up from $445,511 in the same period of 2024, largely due to lower government assistance [2][19]. Financing Activities - In Q3 2025, Acceleware closed a non-brokered private placement, raising $1 million by distributing 10,003,342 units at $0.10 each [10]. - The company also issued units to settle $186,000 in trades payable and management fees [11]. Cash Flow and Working Capital - As of September 30, 2025, Acceleware reported negative working capital of $3.6 million, slightly worse than the $3.4 million reported at the end of 2024, but with increased cash reserves of $461,000 [21]. - The company is actively managing cash flow through operational revenue, external funding, and capital raising activities [22]. Strategic Focus - Acceleware is targeting critical minerals processing and amine regeneration as part of its strategic investment plan [7]. - The company is collaborating with the International Minerals Innovation Institute on a larger-scale prototype dryer for potash, with potential sanctioning later this year [8].

Group 1 - Acceleware Ltd. will present at the Schachter Catch the Energy Conference on October 18, 2025, at Mount Royal University in Calgary [1][2] - The conference aims to connect investors with executives from various energy companies, providing an opportunity to discuss technologies that improve recovery and reduce costs [2][6] - Acceleware's RF XL 2.0 system is designed to enhance oil recovery and is highlighted as a key technology for unlocking more barrels faster [2][4] Group 2 - Acceleware specializes in advanced electromagnetic heating solutions, focusing on decarbonizing industrial process heat applications while reducing costs [3][4] - The company is developing its patented Clean Tech Inverter to improve amine regeneration efficiency and is collaborating with potash partners to decarbonize drying processes [4][5] - Acceleware's RFXL technology is a low-cost, low-carbon RF thermal enhanced oil production method that differs significantly from existing enhanced recovery techniques [5]