
Core Viewpoint - Oklo reported a Q2 operating loss of $28 million, primarily due to compensation, general business expenses, and financing-related professional fees, including approximately $11.4 million in non-cash stock compensation [1] Financial Performance - Q2 loss per share was $0.18, which was worse than the market expectation of a loss of $0.12 but an improvement from the previous year's loss of $0.27 [1] Strategic Initiatives - The company plans to submit the first phase of its joint license application for the Aurora power station in early Q4 and expects to begin preliminary construction activities in Q3 [1] - Oklo aims to achieve commercial operation of its first nuclear power plant by the end of 2027 or early 2028 [1] Partnerships - Oklo announced a strategic partnership with Lightbridge to explore the possibility of establishing a Lightbridge fuel manufacturing facility within Oklo's planned advanced fuel manufacturing infrastructure, which will also serve as a joint R&D center for advanced fuel [1] - The CEO emphasized the importance of building infrastructure to support the development and deployment of new nuclear energy, aligning with federal policies promoting domestic fuel independence [1]