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Nano Nuclear Energy Inc reported a net loss of $6.5 million for Q1 2026, an improvement from the $11.6 million operating loss due to $5.0 million in other income. The company generated negative operating cash flow of $4.0 million and negative investing cash flow of $3.1 million, but raised $381.3 million from financing activities primarily through $400.0 million in common stock issuances. This resulted in a net cash increase of $374.3 million, ending the period with $203.3 million in cash and equivalents. Total assets grew to $606.1 million, with stockholders' equity at $599.6 million. The company continues to invest heavily in research and development ($5.4 million) and general administrative expenses ($6.9 million) as it develops its nuclear energy technology.
EPS
-$0
Net Income
-$6.5M
Operating Income
-$11.6M