earnings
confidence high
sentiment positive
materiality 0.75
Oklo reports FY2024 net loss $73.6M; customer pipeline reaches ~14 GW with Switch 12 GW deal
Oklo Inc.
- FY2024 net loss $73.6M ($52.8M ops loss); cash used in ops $38.4M; cash & securities $275.3M.
- Customer pipeline grows to ~14 GW; signed 12 GW Master Power Agreement with Switch.
- Completed acquisition of Atomic Alchemy; expanded powerhouse design to 75 MW.
- On track to submit COLA to NRC in 2025; first Aurora deployment targeted by end of 2027.
- Board adds Daniel B. Poneman and Michael Thompson; Chris Wright departed to become U.S. Sec. of Energy.