For the year ending 2025-12-31, OKLO had $691,313,000 increase in cash & cash equivalents over the period. -$115,379,000 in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net loss | -105,663,000 | -73,616,000 | - | - |
| Depreciation and amortization | 522,000 | 268,000 | - | - |
| Change in fair value of simple agreements for future equity | 0 | -27,864,000 | - | - |
| Accretion of discount on marketable debt securities | - | 520,000 | - | - |
| Interest income and accretion of discount on marketable debt securities, net | 3,485,000 | - | - | - |
| Net income | - | - | 11,868,205 | 3,925,770 |
| Stock-based compensation | 41,795,000 | 12,484,000 | - | - |
| Interest earned on marketable securities held in trust account | - | - | 22,231,067 | 7,277,660 |
| Deferred income taxes | -4,529,000 | - | - | - |
| Unrealized gain on marketable securities held in trust account | - | - | - | -68,050 |
| Prepaid and other current assets | 21,574,000 | 1,520,000 | - | - |
| Deferred tax (benefit) provision | - | - | -294,084 | 294,084 |
| Other assets | 77,000 | 115,000 | - | - |
| Prepaid expenses | - | - | 9,892 | -835,706 |
| Accounts payable | -1,532,000 | -1,762,000 | - | - |
| Accrued expenses | - | - | 197,421 | 21,503 |
| Accrued expenses and other | 12,345,000 | -1,504,000 | - | - |
| Income taxes payable | - | - | -375,186 | 1,177,856 |
| Operating lease right-of-use assets and liabilities | 24,000 | 31,000 | - | - |
| Net cash used in operating activities | -82,174,000 | -38,390,000 | -10,844,603 | -954,691 |
| Purchases of property, plant and equipment | 33,205,000 | 352,000 | - | - |
| Purchases of marketable debt securities | 820,480,000 | 291,620,000 | - | - |
| Cash withdrawn from trust account to pay franchise and income taxes | - | - | 7,895,936 | 195,000 |
| Proceeds from redemptions of marketable debt securities | 376,992,000 | 116,198,000 | - | - |
| Cash withdrawn from trust account for working capital purposes | - | - | 1,000,000 | 1,000,000 |
| Payment for acquisition of business, net of cash acquired | 900,000 | - | - | - |
| Cash withdrawn from trust account in connection with redemption | - | - | 215,914,673 | - |
| Purchase of other investments | 12,086,000 | - | - | - |
| Net cash used in investing activities | -489,679,000 | -175,774,000 | 224,810,609 | 1,195,000 |
| Proceeds from recapitalization | 0 | 276,210,000 | - | - |
| Payment of taxes from common stock withheld | 1,647,000 | - | - | - |
| Proceeds from exercise of stock options | 4,028,000 | 1,044,000 | - | - |
| Proceeds from right of first refusal liability | 0 | 25,000,000 | - | - |
| Proceeds from simple agreements for future equity | 0 | 10,232,000 | - | - |
| Payment of offering costs and deferred issuance costs | 2,814,000 | 11,058,000 | - | - |
| Redemptions of common stock | - | - | 215,914,673 | - |
| Proceeds from sale of common stock, net of offering costs | 1,263,599,000 | - | - | - |
| Net cash provided by financing activities | 1,263,166,000 | 301,428,000 | -215,914,673 | - |
| Net increase in cash and cash equivalents | 691,313,000 | 87,264,000 | -1,948,667 | 240,309 |
| Cash and cash equivalents - beginning of year | 97,132,000 | 9,868,000 | 3,577,359 | 3,337,050 |
| Cash and cash equivalents - end of year | 788,445,000 | 97,132,000 | 1,628,692 | 3,577,359 |
Oklo Inc. (OKLO)
Oklo Inc. (OKLO)