X-Energy, Inc.
For the period ended Mar 31, 2026. Filed Jun 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Jun 4, 2026
XE$10.97-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements Of Operations And Comprehensive Loss (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(in thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Services revenue(1) | $39,906 | $17,091 |
| Grant income | 3,517 | 3,713 |
| Total revenues and grant income | 43,423 | 20,804 |
| Operating expenses | ||
| Direct costs | 65,359 | 28,724 |
| Selling, general and administrative | 44,117 | 17,980 |
| Research and development | 55 | 402 |
| Total operating expenses | 109,531 | 47,106 |
| Operating loss | (66,108) | (26,302) |
| Other income (expense) | ||
| Interest expense | — | (124) |
| Interest income | 8,929 | 5,477 |
| Other income (expense), net | (109,038) | 10,737 |
| Total other income (expense), net | (100,109) | 16,090 |
| Net loss | $(166,217) | $(10,212) |
| Other comprehensive income (loss) | ||
| Foreign currency translation adjustment | 143 | (210) |
| Changes in fair value of liabilities under fair value option attributable to changes in instrument-specific credit risk | — | 153 |
| Other comprehensive income (loss) | 143 | (57) |
| Comprehensive loss | $(166,074) | $(10,269) |
(1)
Includes related party revenue of$1.9 million and$2.7 million for the three months ended March 31, 2026 and 2025, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.