Nuvve Holding Corp., a green energy technology company, reported its first quarter 2025 financial results, highlighting a 19.8% increase in total revenue to $0.9 million compared to the first quarter of 2024. Operating expenses, excluding cost of sales, decreased by 20.7% to $6.0 million during the same period. The company's operating losses were reduced by 22.9% to $5.6 million compared to the previous year's first quarter. Nuvve also reported an increase in megawatts under management, rising by 3.6% to 31.8 megawatts as of March 31, 2025, from 30.7 megawatts at the end of 2024. Additionally, Nuvve raised approximately $5.3 million in gross proceeds through various financial activities to support its operations and growth initiatives. As of March 31, 2025, the company's cash and cash equivalents stood at $1.2 million. Nuvve's CEO, Gregory Poilasne, expressed optimism regarding future business expansion through mergers and acquisitions, including the recent acquisition of Fermata.