Quarterly ResultAug 7, 2026, 06:09 AM
Deep Isolation Nuclear Q2 Net Loss $3.04M; Revenue Down 19.3%
AI Summary
Deep Isolation Nuclear reported a widened net loss for Q2 2026, reaching $3.04 million, a significant increase from $1.36 million in Q2 2025. Revenue for the quarter decreased by 19.3% to $1.32 million. For the six months ended June 30, 2026, the company's net loss surged to $8.45 million, driven by substantial increases in research and development and selling, general, and administrative expenses.
Key Highlights
- Q2 2026 net loss widened to $3.04 million from $1.36 million in Q2 2025.
- Q2 2026 revenue decreased 19.3% to $1.32 million from $1.63 million in Q2 2025.
- Six-month net loss surged to $8.45 million from $1.53 million in the prior year.
- Six-month R&D expenses increased to $4.67 million from $0 in the prior year.
- Six-month SG&A expenses rose 74.1% to $5.59 million.
- Cash and cash equivalents decreased to $19.38 million from $27.43 million since Dec 31, 2025.
- Net cash used in operating activities for six months was $8.04 million, up from $0.62 million.
Price Impact
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