| Metric | Value ($ M) | Q2 FY25 |
|---|---|---|
| Revenue | 1.32 | 19.0% |
| Total Income | 1.32 | 19.0% |
| Expenditure | 3.95 | 75.6% |
| PBT | -3.04 | 123.5% |
| Net Profit | -3.04 | 123.5% |
| OPM | — | |
| NPM | — | |
| EPS | -0.05 | 66.7% |
Deep Isolation Reports Q2 2026 Operational and Financial Results
06 Aug 2026 · 6 Aug, 5:16 pm
Summary
Deep Isolation Nuclear, Inc. announced its operational and financial results for the second quarter ended June 30, 2026. The company reported consolidated revenue of $1.3 million, a decrease of 19% compared to the prior year quarter, primarily due to the completion of certain projects. Research and development expenses increased significantly to $1.2 million, supporting the full-scale demonstration program. The net loss for the quarter widened to $3.0 million, attributed to increased R&D and SG&A expenses. Management highlighted significant operational milestones, including surpassing 100 patents and establishing a field presence for their demonstration program, alongside progress as a public company with their stock trading on OTCQB.
Key Highlights
- 1
Deep Isolation reported consolidated revenue of $1.3 million for the second quarter of 2026.
- 2
The company surpassed 100 issued patents worldwide, covering various aspects of repository architecture and technology.
- 3
A full-time field presence was established at the Deep Borehole Demonstration Center near Cameron, Texas, to lead the full-scale demonstration program.
- 4
Subsequent to quarter end, the Company's common stock began trading on the OTCQB Venture Market under the ticker symbol "DBHL".
- 5
The Company was selected as the sole industrial partner on three competitive federal grants awarded under the U.S. Department of Energy's Project GENESIS program.
- 6
Research and development expense was approximately $1.2 million for the quarter, related to the demonstration of deep borehole waste disposal technology.
- 7
Deep Isolation reported a net loss of $3.0 million for the second quarter of 2026.
Management Comments
Rod Baltzer
The second quarter was about converting milestones into execution. We established a permanent field presence at the Deep Borehole Demonstration Center near Cameron, Texas, to lead the world’s first full-scale, at-depth demonstration of deep borehole disposal, and we surpassed 100 issued patents worldwide — a portfolio that now spans the full disposal lifecycle, from geologic site characterization through canister emplacement and repository closure. We also took important steps as a public company. The SEC declared our registration statement on Form S-1 effective during the quarter, and shortly after quarter end our common stock began trading on the OTCQB Venture Market under the ticker symbol ‘DBHL.’ We were subsequently selected as the sole industrial partner on three Department of Energy Project GENESIS awards alongside Lawrence Berkeley National Laboratory and the University of South Carolina, deepening our research collaboration with the national laboratory system. These achievements demonstrate our team’s execution capabilities and reinforce Deep Isolation’s leadership in delivering practical solutions for one of the nuclear industry’s most critical challenges. We believe we are entering the market at exactly the right time, as the nuclear industry scales up and the need for a scalable waste disposal solution grows more urgent.
Informational and educational content only. Not investment advice.