Oklo Inc. reported Q3 2024 financial results with a net loss of $9.96 million, compared to $8.67 million in Q3 2023. Operating expenses increased to $12.28 million, with R&D expenses rising to $5.05 million and G&A expenses reaching $7.23 million. The company maintained a strong liquidity position with cash, cash equivalents, and marketable securities of $288.47 million as of September 30, 2024.The company achieved significant operational milestones, including finalizing a Memorandum of Agreement with the DOE Idaho Operations Office for site investigations and completing the second phase of thermal hydraulic testing with Argonne National Laboratory. Oklo's deployment pipeline expanded to over 2,100 MWe in capacity through multiple customer agreements, marking a 200% increase since July 2023.Looking ahead, Oklo plans to deploy its first Aurora powerhouse in 2027 and is advancing its regulatory approval process with the NRC. The company entered into a term sheet with Atomic Alchemy for a proposed $25 million all-stock acquisition and successfully met vesting conditions for Earnout Shares and Founder Shares between November 5-13, 2024, expecting to issue approximately 14.7 million shares of Class A common stock.

Oklo Inc. reported Q3 2024 financial results with a net loss of $9.96 million, compared to $8.67 million in Q3 2023. Operating expenses increased to $12.28 million, with R&D expenses rising to $5.05 million and G&A expenses reaching $7.23 million. The company maintained a strong liquidity position with cash, cash equivalents, and marketable securities of $288.47 million as of September 30, 2024.The company achieved significant operational milestones, including finalizing a Memorandum of Agreement with the DOE Idaho Operations Office for site investigations and completing the second phase of thermal hydraulic testing with Argonne National Laboratory. Oklo's deployment pipeline expanded to over 2,100 MWe in capacity through multiple customer agreements, marking a 200% increase since July 2023.Looking ahead, Oklo plans to deploy its first Aurora powerhouse in 2027 and is advancing its regulatory approval process with the NRC. The company entered into a term sheet with Atomic Alchemy for a proposed $25 million all-stock acquisition and successfully met vesting conditions for Earnout Shares and Founder Shares between November 5-13, 2024, expecting to issue approximately 14.7 million shares of Class A common stock.