Deep Isolation Q1 2026: net loss $5.4M; selected for ARPA-E SCALEUP Ready up to $20M

Deep Isolation Nuclear, Inc.

Revenue $1.4M (-5% YoY); net loss $5.4M vs $166K prior year.
Cash $22.2M at March 31, 2026; R&D expense $3.5M for full-scale demo with Halliburton.
Selected for ARPA-E SCALEUP Ready program, potential $20M funding for demonstration project.
SEC declared S-1 effective May 7; 57.6M shares outstanding; working toward OTCQB listing.
Appointed new board member, GC, CFO, advisory board member during quarter.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Deep Isolation Nuclear, Inc. reported first quarter ended March 31, 2026 results: revenue $1.4 million, net income net loss of $5.4 million.

Period: first quarter ended March 31, 2026
Revenue: $1.4 million
Net income: net loss of $5.4 million
Result: reported results

Exact text from the filing

effective on May 7, 2026, allowing the common stock of the Company to be freely tradable Financial Highlights for the First Quarter of 2026 • Reported consolidated revenue of $1.4 million • Reported research and development expense of approximately $3.5 million related to the start of the non-radioactive, full-scale, at-depth demonstration of our deep borehole

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Source: SEC EDGAR

accession 0001918080-26-000008

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