Oklo Inc
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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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.
Sep 30, 2024 · Filed Nov 14, 2024
OKLO$25.09-6.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net loss | $(63,327,233) | $(17,851,758) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 180,420 | 36,514 |
| Change in fair value of simple agreements for future equity | 29,919,959 | 6,578,000 |
| Accretion of discount on marketable debt securities | (261,145) | — |
| Stock-based compensation | 10,750,780 | 144,196 |
| Change in operating assets and liabilities: | ||
| Prepaid and other current assets | (833,202) | 81,974 |
| Other assets | (89,639) | 25,909 |
| Accounts payable | (1,924,326) | 203,972 |
| Accrued expenses and other | 630,339 | 423,118 |
| Operating lease liabilities | 33,409 | (15,562) |
| Net cash used in operating activities | (24,920,638) | (10,373,637) |
| Cash flows from investing activities | ||
| Purchases of property and equipment | (282,619) | (60,087) |
| Purchases of marketable debt securities | (261,081,678) | — |
| Proceeds from redemptions of marketable debt securities | 67,393,060 | — |
| Net cash used in investing activities | (193,971,237) | (60,087) |
| Cash flows from financing activities | ||
| Proceeds from recapitalization | 276,209,768 | — |
| Proceeds from exercise of stock options | 439,922 | 38,675 |
| Proceeds from right of first refusal liability | 25,000,000 | — |
| Proceeds from simple agreements for future equity | 10,232,000 | 12,315,000 |
| Payment of deferred issuance costs | (11,057,649) | (1,563,558) |
| Net cash provided by financing activities | 300,824,041 | 10,790,117 |
| Net increase in cash and cash equivalents | 81,932,166 | 356,393 |
| Cash and cash equivalents - beginning of year | 9,867,588 | 9,653,528 |
| Cash and cash equivalents - end of period | $91,799,754 | $10,009,921 |
| Supplemental disclosures of cash flow information | ||
| Cash paid for interest | $— | $— |
| Cash paid for income taxes | 356,890 | — |
| Supplemental noncash investing and financing activities | ||
| Reclassification of deferred issuance costs in connection with business combination | $3,604,235 | $— |
| Reclassification of simple agreements for future equity in connection with business combination | 86,193,959 | — |
| Deferred issuance costs included in accounts payable | — | 1,463,614 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.