secwatch.observer — SEC 8-K summary
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Issuer:     Oklo Inc. (OKLO)
CIK:        0001849056
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001104659-24-088946
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oklo reports $53.3M net loss for H1 2024; customer LOIs surge to 1,350 MW
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- Q2 2024 six-month net loss of $53.3M; cash & marketable securities of $294.6M post-merger.
- Full-year 2024 operating loss expected $40-50M; year-to-date cash used in operating activities $17.0M.
- Customer LOIs total 1,350 MW, up 93% from July 2023; first Aurora plant targeted for 2027.
- ADVANCE Act enacted July 2024; Oklo expects reduced NRC licensing fees and shorter timelines.
- Non-cash FMV losses of $37.8M from merger adjustments and $30M SAFE note revaluation included in net loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849056/000110465924088946/0001104659-24-088946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849056/000110465924088946/tm2421217d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-088946

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