Oklo Inc.
Business
Oklo Inc. develops and operates small-scale fast fission nuclear power plants (Aurora powerhouses, 15–75 MWe) that run on fresh, recycled, or down-blended nuclear fuel. The company sells electricity and heat via long-term power purchase agreements as designer, builder, owner, and operator rather than licensing designs. Oklo also advances nuclear fuel recycling technology and produces medical and research radioisotopes through its Atomic Alchemy subsidiary, targeting data centers, industrial facilities, utilities, and remote communities across the U.S.
Summary from 10-K filed 2026-03-17
Financials
Consolidated Statement of Income
| Concept | Trend | 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
| Concept | Trend | 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
| Concept | Trend | 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
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Oklo Inc.'s CIK number?
Oklo Inc.'s SEC CIK number is 0001849056 (1849056). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Oklo Inc.'s SEC filings?
All of Oklo Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Oklo Inc. last report earnings?
Oklo Inc. (OKLO) most recently filed an earnings 8-K with the SEC on Mar 24, 2025, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-25-027276). This is Oklo Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Oklo Inc.'s most recent earnings 8-K?
Oklo Inc.'s latest earnings 8-K (Item 2.02) was filed Mar 24, 2025 under accession 0001104659-25-027276. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Oklo Inc.'s latest earnings 8-K →
Look up any company's CIK number →