🔹 EPS: $(0.18) (Est. $(0.12)) 🔴
🔹 Loss from Operations: $(28.0M)
🔹 Net Loss: $(24.7M) vs. $(27.3M) YoY
🔹 Cash Burn YTD: $30.7M (FY25 forecast $65M–$80M)
🔹 Cash & Equivalents: $226.8M; Marketable Securities: $456.2M → Total $683.0M
🔹 Strong balance sheet bolstered by $441.6M equity raise in Q2
Operational Highlights:
🔹 NRC completed Phase 1 readiness assessment for Aurora-INL COLA — no significant findings; targeting submission early Q4’25
🔹 Licensed operator topical report accepted for review
🔹 Expanded strategic partnerships:
• KHNP for global advanced nuclear projects
• Vertiv for data center power/cooling solutions
• Liberty Energy for integrated power solutions (gas + nuclear)
🔹 Selected as intended awardee to power U.S. Air Force installation under long-term PPA
Fuel & Supply Chain:
🔹 Only advanced nuclear company with fuel secured for first commercial facility
🔹 Partnerships with Centrus & Hexium for HALEU supply, plus access to government stockpiles including plutonium-based fuels
🔹 Leading nuclear fuel recycling strategy for long-term cost and supply advantage
CEO Outlook:
🔸 “With a strong cash position, advancing licensing progress, and strategic partnerships, we are on track toward our first commercial deployments and scaling our advanced nuclear powerhouses.”