Hyorc's Business Segments

HyOrc Corporation, based in Wyoming, focuses on the research, development, and commercialization of clean-energy technologies targeting decarbonization in heavy-duty transport, industrial power generation, and distributed energy applications. The company develops alternatives to diesel engines and fossil fuels, emphasizing hydrogen, methanol, and waste-to-energy solutions. HyOrc operates through three main technology and market verticals: green methanol production from waste for shipping and fuel blending markets; hydrogen power systems featuring modular hydrogen-fueled Organic Rankine Cycle (ORC) engines for off-grid power and pay-as-you-go deployment; and hydrogen locomotive retrofits converting diesel locomotives to hydrogen or natural gas fuel. Through its subsidiary SRE Power, Inc., HyOrc developed a 2 MW geothermal power plant in the Philippines, which is currently offline due to legal disputes. The company’s core technology, External Combustion Technology (ECT), integrates with ORC turbines and operates on multiple fuels with high efficiency and durability. HyOrc holds intellectual property for waste-to-methanol production, converting municipal solid waste into methanol for shipping and aviation fuel. Revenue sources include operation and maintenance services, electricity sales, technical and engineering services, and equipment sales. HyOrc is advancing a green methanol project in Portugal through a joint venture with Start Lda, which includes an 8-tonne-per-day pilot facility in Porto.

The Company operates within a single reportable segment, which is managed and evaluated by the Chief Executive Officer, the chief operating decision maker (CODM). The CODM reviews the Company's overall operating results to allocate resources and assess financial performance. Key metrics include revenue and operating costs, which are monitored to manage cash flow and ensure alignment with contractual agreements and budgets. Financial information for this segment is provided for the years ended December 31, 2025, and 2024, including net revenues, operating expenses, loss from operations, other income, and net loss. The Company also addresses cash and cash equivalents, concentration of credit risks, customer concentration risk, and related party definitions and disclosures in accordance with ASC 850.