Financial Data and Key Metrics Changes - The company's full year operating loss was $52.8 million, which included a one-time fair market value expense of $7.8 million and $4.7 million of non-cash stock-based compensation [52][53] - Adjusted for non-cash amounts, the net loss was $40.3 million, at the low end of the forecasted range of $40 million to $50 million [52][53] - Cash and marketable securities at year-end were $275.3 million, primarily driven by $276 million in proceeds from the business combination [53] Business Line Data and Key Metrics Changes - The company expanded its POWERHOUSE offering to support up to 75 megawatts of power output, enhancing its ability to serve energy-intensive industries [17][20] - The customer pipeline has grown from 700 megawatts to over 14 gigawatts, driven by demand from major customers like Equinix, Prometheus, Switch, and Diamondback Energy [41] Market Data and Key Metrics Changes - Total U.S. power demand is projected to grow greater than 160% through 2030, with data centers contributing approximately 31% of this increase [9] - The company signed a landmark 12-gigawatt master power agreement with Switch, equivalent to about 1% of the U.S. grid capacity [12][36] Company Strategy and Development Direction - The company’s strategy is built on three core pillars: a simplified business model, small scalable reactors, and advanced technology using liquid sodium coolant [9][10] - The company aims to leverage its unique licensing strategy to accelerate deployment and reduce regulatory hurdles compared to conventional nuclear approaches [25][26] Management's Comments on Operating Environment and Future Outlook - Management emphasized the growing consensus on the necessity of nuclear energy for energy abundance and the administration's commitment to advanced nuclear technology [6][7] - The company is positioned to capitalize on the increasing demand for clean, reliable energy solutions across various sectors, including AI-driven data centers [9][19] Other Important Information - The company completed the acquisition of Atomic Alchemy, expanding into the high-growth radioisotope market, which is projected to exceed $55 billion by 2026 [44][46] - The NRC is expected to reduce licensing fees by nearly 55% for advanced reactor applicants, effective October 1, 2025, which will lower the financial burden of licensing [30] Q&A Session Summary Question: Was the decision to go from 50 megawatts to 75 driven by existing customers or potential customers? - The decision was largely based on market observations and customer interest, particularly in the data center sector, where a range of 60 to 75 megawatts aligns well with customer needs [58][60] Question: With a pipeline of 14 gigawatts, do potential customers feel that Oklo is full? - The pipeline's growth has created a sense of urgency among potential customers, leading to increased interest in collaboration rather than deterring them [63][65] Question: Does the increased powerhouse range require changes in the licensing approach? - The increase in powerhouse range is expected to have minimal effect on the licensing approach, as existing infrastructure accommodates the changes [67][69] Question: Can you describe the readiness assessment and its impact on the COLA application? - The readiness assessment is a pre-review process with the NRC that aims to streamline the review process and reduce risks associated with the COLA application [72][74] Question: What are the main drivers for the expected increase in cash used in operations? - The increase in cash used in operations is driven by headcount growth, procurement activities for the first powerhouse, and costs associated with the Atomic Alchemy acquisition [82][83]

Exhibit 99.1 FY 2024 Shareholder Letter Letter to shareholders Dear shareholders, The world is catching up to what we've known all along: nuclear power is essential to a clean, dependable, and scalable energy future. In 2024, Oklo took bold steps to lead this transformation. We went public, advanced development at our first commercial site at Idaho National Laboratory (INL), and built a customer pipeline of ~14 GW-one of the largest in our field. At the same time, nuclear energy has gained unprecedented gov ...

OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40583 Oklo Inc. (Exact name of registrant as specified in its charter) Delaware 86-2292473 (I.R.S. Employer Identification No.) (State or other ...

Group 1: Market Context - U.S. stocks are under pressure due to President Trump's shift towards protectionist economic policies, creating potential buying opportunities for long-term investors [1] - Market pullbacks have historically provided exceptional opportunities for long-term investors willing to embrace volatility [12] Group 2: Palantir Technologies - Palantir Technologies is a leading provider of decision optimization software through its proprietary AI platforms, with a stock price that has retreated 27% from its 52-week high [2] - Wall Street anticipates approximately 58% revenue growth for Palantir over 2025 and 2026, justifying its high forward earnings multiple of 169 times [2] - The company's ontology framework enables advanced decision-making by establishing undiscovered relationships within complex datasets, with platforms Gotham and Foundry serving government and commercial clients respectively [3] - Palantir's innovative boot camp sales approach and AI orchestration capabilities position it for continued expansion amid early-stage enterprise AI adoption [4] - Despite its premium valuation, Palantir's long-tailed growth trajectory and importance in the U.S. military ecosystem are noteworthy [5] Group 3: Oklo - Oklo is a developer of advanced fast fission power plants aimed at providing clean, reliable energy, particularly in response to the high electricity demands of AI data centers [7] - The stock has declined 51% from its 52-week high and is currently operating cash flow negative, yet it offers exposure to the AI-powered future through energy infrastructure [8] - Oklo has achieved significant milestones towards deploying its first commercial powerhouse in Idaho, with agreements finalized with the U.S. Department of Energy and Idaho National Laboratory [9] - The company's Aurora powerhouses aim to meet the growing energy demands of AI infrastructure with carbon-free nuclear power [9] - Oklo's focus on next-generation fission technology positions it strategically at the intersection of clean energy and AI computing needs, though it faces risks from lengthy regulatory approval processes [10] - For investors seeking exposure to the infrastructure required for the AI revolution, Oklo represents a speculative but potentially transformative addition to a growth portfolio [11] Group 4: Investment Considerations - Palantir and Oklo represent distinct approaches to capturing growth, with Palantir focusing on software for decision-making and Oklo on next-generation energy infrastructure [12] - Both companies carry different risk profiles, with Palantir's premium valuation and Oklo's pre-revenue status and regulatory hurdles, yet both offer significant upside potential [13]

Oklo, Inc. (OKLO) is slated to report fourth-quarter 2024 results on March 24, after market close.     Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for the fourth-quarter bottom line is pegged at a loss of 8 cents per share, suggesting a slight improvement from a loss of 9 cents reported in the prior-year quarter. The bottom-line estimate has remained unchanged in the past 60 daysImage Source: Zacks Investment ResearchOKLO’s earnings came in line with ...

NVIDIA NASDAQ: NVDA did not mention nuclear specifically in its Q4 report or 2025 guidance, but the news is no less critical to nuclear stocks like NuScale Power NYSE: SMR, Oklo Inc. NYSE: OKLO, and Cameco NYSE: CCJ. The significant details pertain to the wickedly hot demand for GPUs, escalating power consumption with each new generation, and a forecast for compute needs to grow by 100x for the next generation AI models. They point to continued, sustained, and accelerating power demand from the data centers ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Oklo Inc. (OKLO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Oklo Inc. is a member of the Oils-Energy sector. This group includes 247 indivi ...

Core Insights - Oklo Inc. has joined the U.S. Department of Energy Voucher Program to test advanced structural materials for its Aurora powerhouse, aiming to enhance manufacturing efficiencies and accelerate commercial deployment [1] - The partnership is expected to attract long-term growth investors in the nuclear energy sector [2] Stock Performance - Oklo's shares have surged 189.5% over the past year, outperforming the Zacks Alternative-Energy industry's return of 49.4%, the Oils-Energy sector's decline of 0.2%, and the S&P 500's increase of 16.2% [3] - Other industry players like GEV Vernova, Constellation Energy Corporation, and Bloom Energy have also shown strong performance, with share increases of 158.3%, 141.1%, and 113.7% respectively [4] Growth Drivers - The global shift towards clean energy and Oklo's strong quarterly performance have contributed to the increase in share price [5] - In Q3 2024, Oklo added two data center customers, increasing its announced customer pipeline to 2,100 megawatts, a 200% increase since July 2023 [6] - Oklo signed a Memorandum of Understanding with Lightbridge Corporation to enhance fuel recycling capabilities and a non-binding Master Power Agreement with Switch to deploy 12 gigawatts of projects through 2044 [7] Strategic Positioning - Oklo has finalized a Memorandum of Agreement with the DOE Idaho Operations Office, allowing site investigations at its preferred site in Idaho, positioning it to deploy the first commercial advanced fission power plant in the U.S. [8] - The company is developing next-generation fast-fission power plants, with the Aurora line designed to generate 15-50 megawatts electric, scalable up to 100 MWe [11] Financial Outlook - Oklo has yet to generate revenues, with its first Aurora powerhouse set for deployment in 2027, indicating limited near-term performance [12] - The Zacks Consensus Estimate for losses per share for Q1 and full-year 2025 shows no movement, suggesting analysts expect current conditions to remain stable [14] - Year-over-year growth estimates indicate improvement, with a projected 98.12% growth for the current year and 95.73% for the next year [15][16] Valuation Metrics - Oklo's trailing 12-month Price/Book (P/B) ratio is higher than its industry average, indicating investor optimism about its growth prospects [18] Investment Consideration - Investors interested in clean-energy stocks may consider adding Oklo to their portfolio due to its impressive P/B ratio, long-term growth potential, and strong share price performance [19]

Core Viewpoint - Market corrections are a natural part of investing, and while they can be painful, they also present opportunities for savvy investors to capitalize on market extremes [1][8]. Group 1: Market Corrections and Investor Behavior - Over the past decade, Wall Street has experienced several corrections and bear markets, with amateur investors often losing money due to fear [1]. - Legendary mutual fund manager Peter Lynch noted that more money has been lost by investors trying to anticipate corrections than in the corrections themselves [2]. - Investors should adopt an opportunistic mindset during market corrections, understanding their time frame and risk management strategies [2]. Group 2: High-Beta Stocks Performance - High-beta stocks, which exhibit greater price volatility, have suffered significant losses during the current market correction, similar to the declines seen during the S&P 500's 30% drop in March 2020 [3]. - Notable high-beta stocks affected include Tesla (TSLA), Rigetti Computing (RGTI), and Oklo (OKLO) [3]. Group 3: Technical Indicators - The Nasdaq 100 Index ETF (QQQ) has retreated to its 200-day moving average for the first time since August, which historically has led to significant upward movements in the following weeks [5]. - The CNN "Fear & Greed" Index has reached its most fearful level since August 2024, coinciding with the QQQ testing its 200-day moving average [7]. - The VIX, a fear indicator, has seen a significant increase, reaching a level of 69, the highest since the COVID-19 market crash in 2020 [8].

Core Viewpoint - Oklo Inc experienced a significant stock market fluctuation, dropping 13.37% before rebounding with a 12.65% increase following its announcement of participation in the U.S. Department of Energy's Voucher Program [1][2]. Group 1: Company Developments - Oklo's participation in the DOE Voucher Program will support the evaluation and testing of advanced structural materials for its Aurora powerhouse, enhancing scalability, supply chains, and manufacturing [2]. - The collaboration with Oak Ridge National Laboratory is expected to refine fast reactor technologies, enabling Oklo to provide scalable and cost-effective clean energy solutions [3]. - The company has a pipeline of 14 gigawatts of announced customers and partners, positioning it to meet growing energy demands across various applications [3]. Group 2: Market Performance - Despite being 36.09% below its 2025 price target of $55.49, Oklo's stock remains 65.82% up year-to-date and has increased by 316.62% over the last 12 months [8]. - The stock's performance reflects a bullish sentiment, bolstered by the company's strategic partnerships and management setup, including the involvement of Sam Altman from OpenAI [6][7]. Group 3: Strategic Context - The anticipated support from the DOE has been in the works, as indicated by a previous press release regarding a board member's departure to a government position [5]. - The overall energy strategy under the Trump administration and significant investments in AI infrastructure suggest a favorable environment for Oklo's business expansion [7].