Quarterly ResultJul 1, 2026, 08:01 AM
Terra Innovatum Regains SEC Compliance; Reports Q1 2026 Results
AI Summary
Terra Innovatum Global N.V. reported its first quarter 2026 financial and operating results, simultaneously announcing that it has regained current status with its SEC reporting obligations. The company posted a net loss of $7.1 million, or $0.06 per share, and ended the quarter with $96.7 million in cash and cash equivalents. Operational highlights included continued investment in commercialization activities for its SOLO™ Micro Modular Reactor, focusing on NRC licensing, procurement, and manufacturing readiness.
Key Highlights
- Regained current SEC reporting status by filing Q1 2026 Form 10-Q.
- Cash and cash equivalents were $96.7 million as of March 31, 2026.
- Net loss for Q1 2026 was $7.1 million, or $0.06 per share.
- Loss from operations for Q1 2026 was $6.6 million.
- Net cash used in operating activities was $3.9 million.
- Continued investment in SOLO™ Micro Modular Reactor commercialization activities.
- Focused on NRC licensing, long-lead procurement, and manufacturing readiness.
Price Impact
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