10-Q
Quarterly Report
OKLO INC.
OKLO
NYSE
CIK: 1849056
File #: 001-40583
Balance Sheet
40 line items · 2 periods
XBRL
| Item | Jun 30, 2024 | Dec 31, 2023 |
|---|---|---|
Condensed Consolidated Balance Sheets | ||
Assets | ||
Current assets: | ||
Cash and cash equivalents | 105,676,772 | 9,867,588 |
Level 1 | 88,157,016 | — |
Marketable securities | 129,607,093 | — |
Level 2 - Corporate debt securities | 19,215,198 | — |
Level 2 - Commercial paper | 22,259,969 | — |
Level 1 - U.S. Treasury securities | 88,131,926 | — |
Level 2 | 41,475,167 | — |
Level 1 | 88,131,926 | — |
Prepaid and other current assets | 3,938,888 | 4,330,465 |
Total current assets | 239,222,753 | 14,198,053 |
Marketable securities | 59,287,344 | — |
Level 1 - U.S. Treasury securities | 59,287,344 | — |
Level 1 | 59,287,344 | — |
Property and equipment, net | 637,731 | 577,671 |
Operating lease right-of-use assets | 37,785 | 82,677 |
Other assets | — | 25,361 |
Total assets | 299,185,613 | 14,883,762 |
Liabilities and stockholders' equity (deficit) | ||
Current liabilities: | ||
Accounts payable | 1,068,205 | 2,273,823 |
Accrued expenses and other | 3,773,290 | 835,541 |
Operating lease liability | 37,785 | 93,935 |
Total current liabilities | 4,879,280 | 3,203,299 |
Simple agreements for future equity | — | 46,042,000 |
Right of first refusal liability | 25,000,000 | — |
Total liabilities | 29,879,280 | 49,245,299 |
Stockholders' equity (deficit): | ||
Class A common stock, $0.0001 par value - 500,000,000 shares authorized; 122,096,270 and 69,242,940 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively | 12,210 | 6,924 |
Additional paid-in capital | 383,737,617 | 27,124,983 |
Accumulated deficit | (114,861,513) | (61,493,444) |
Accumulated other comprehensive income | 418,019 | — |
Total stockholders' equity (deficit) | 269,306,333 | (34,361,537) |
Accumulated Deficit | (114,861,513) | (61,493,444) |
Additional Paid-in Capital | 383,737,617 | 27,124,983 |
Accumulated Other Comprehensive Income | 418,019 | — |
Class A Common Stock - Common Stock | 12,210 | 6,924 |
Total liabilities and stockholders' equity | 299,185,613 | 14,883,762 |