Oklo Inc.

Listed Company

OKLOCIK 0001849056NYSEEmerging GrowthElectric ServicesDelawareFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$-105.66M

Total Assets

$1.53B

Equity

$1.48B

Shares Out

173.57M

Op. Cash Flow

$-82.17M

Business

Oklo Inc. develops and deploys next-generation fast fission power plants called powerhouses and commercializes nuclear fuel recycling technology. It offers Aurora powerhouses that produce electricity and heat, fuel recycling services to convert used nuclear fuel into usable reactor fuel, and radioisotope production capabilities acquired through Atomic Alchemy. The company follows a build, own, and operate model, selling power under power purchase agreements and pursuing integrated fuel fabrication and recycling business units. Oklo targets customers including data centers, industrial and defense facilities, utilities, and partners with U.S. government labs and regulators for domestic site deployments.

Summary from filing dated 2025-03-24

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Research and development	59	27	10	—	—
General and administrative	80	26	9	—	—
Total operating expenses	139	53	19	—	—
Loss from operations	−139	−53	−19	−2	−1
Change in fair value of simple agreements for future equity	0	−28	−14	—	—
Interest and dividend income, net	29	8	180,000	—	—
Total other income (loss)	29	−20	−14	7	125,470
Loss before income taxes	−110	−73	−32	5	−1
Income tax benefit (expense)	5	−683,000	0	−1	−2,416
Net loss	−106	−74	−32	4	−1
Basic - Class A common stock (in dollars per share)	−0.72	−0.74	−0.47	—	—
Diluted - Class A common stock (in dollars per share)	−0.72	−0.74	−0.47	—	—
Weighted-average common shares outstanding - basic - Class A common stock (in shares)	146	99	69	—	—
Weighted-average common shares outstanding - diluted - Class A common stock (in shares)	146	99	69	—	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2024 2024-02-29	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash and cash equivalents	788	97	—	10	4
Marketable debt securities	440	131	—	0	—
Prepaid and other current assets	26	4	—	4	—
Total current assets	1,254	232	—	14	4
Marketable debt securities, net of current portion	185	47	—	0	—
Property, plant and equipment, net	42	1	—	578,000	—
Operating lease right-of-use assets	1	982,000	—	83,000	—
Indefinite-lived intangible assets	28	0	—	—	—
Goodwill	7	0	—	—	—
Other assets	12	140,000	—	25,000	—
Total assets	1,528	282	—	15	510
Accounts payable	4	3	—	2	—
Accrued expenses and other	20	2	—	836,000	303,257
Operating lease liabilities	904,000	481,000	—	94,000	—
Total current liabilities	26	5	—	3	1
Operating lease liabilities, net of current portion	546,000	543,000	—	0	—
Right of first refusal liability	25	25	25	0	—
Deferred tax liabilities	1	0	—	—	294,084
Total liabilities	52	31	—	49	19
Commitments and contingencies	—	—	—	—	—
Class A common stock, $0.0001 par value 500,000,000 shares authorized; 160,514,103 and 137,706,596 shares issued and outstanding as of December 31, 2025 and 2024, respectively	16,000	14,000	—	7,000	—
Additional paid-in capital	1,716	384	—	27	0
Accumulated deficit	−241	−135	—	−61	−14
Accumulated other comprehensive income	1	2	—	0	—
Total stockholders equity	1,476	251	—	−34	−3
Total liabilities and stockholders equity	1,528	282	—	15	510

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	522,000	268,000	75,000	—	—
Interest income and accretion of discount on marketable debt securities, net	−3	−520,000	—	—	—
Stock-based compensation	42	12	777,000	—	—
Deferred income taxes	−5	0	—	—	—
Prepaid and other current assets	−22	−2	−126,000	—	—
Other assets	−77,000	−115,000	26,000	—	—
Accounts payable	−2	−2	1	—	—
Accrued expenses and other	12	−2	384,000	—	—
Operating lease right-of-use assets and liabilities	24,000	31,000	−22,000	—	—
Net cash used in operating activities	−82	−38	−16	−954,691	−2
Purchases of property, plant and equipment	−33	−352,000	−83,000	—	—
Purchases of marketable debt securities	−820	−292	0	—	—
Proceeds from redemptions of marketable debt securities	377	116	0	—	—
Payment for acquisition of business, net of cash acquired	−900,000	0	—	—	—
Purchase of other investments	−12	0	—	—	—
Net cash used in investing activities	−490	−176	−83,000	1	−500
Proceeds from recapitalization	0	276	0	—	—
Payment of taxes from common stock withheld	−2	0	—	—	—
Proceeds from exercise of stock options	4	1	114,000	—	—
Proceeds from right of first refusal liability	0	25	0	—	—
Proceeds from simple agreements for future equity	0	10	19	—	—
Payment of offering costs and deferred issuance costs	−3	−11	−3	—	−727,770
Proceeds from sale of common stock, net of offering costs	1,264	0	—	—	25,000
Net cash provided by financing activities	1,263	301	16	—	505
Net increase in cash and cash equivalents	691	87	214,000	240,309	3
Issuance of common stock in connection with acquisition of business	27	0	—	—	—
Assumed liabilities in connection with acquisition of business	287,000	0	—	—	—
Offering costs included in accounts payable	79,000	0	—	—	—
Offering costs included in accrued expense and other	240,000	0	—	—	—
Deferred issuance costs included in accounts payable	0	2	443,000	—	—
Reclassification of simple agreements for future equity in connection with the Recapitalization	0	84	—	—	—
Reclassification of deferred issuance costs in connection with Recapitalization	0	6	0	—	—

Filings

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