earnings
confidence high
sentiment negative
materiality 0.75
Terrestrial Energy Q1 net loss $10.5M; cash $289.9M; NRC approves PIE Topical Report
Terrestrial Energy Inc. /DE/
- Net loss of $10.5M in Q1 2026 vs $6.2M in Q4 2025, driven by higher R&D and G&A costs.
- Cash and investments of $289.9M at March 31, 2026; Q1 cash burn $7.9M.
- NRC approved IMSR Postulated Initiating Events Topical Report and issued Safety Evaluation Report.
- Signed OTA agreements with DOE for TETRA reactor pilot and TEFLA fuel line pilot projects.
- MOU with Riot Platforms to co-locate up to 4GW of IMSR nuclear capacity with data centers.