10-Q
Quarterly Report
Oklo Inc.
OKLO
NYSE
CIK: 1849056
File #: 001-40583
Balance Sheet
40 line items · 2 periods
XBRL
| Item | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 91,799,754 | 9,867,588 |
Marketable securities | 139,590,389 | 0 |
Fair Value, Inputs, Level 1 - U.S. Treasury securities | 99,530,157 | — |
Fair Value, Inputs, Level 1 | 99,530,157 | — |
Fair Value, Inputs, Level 2 - Commercial paper | 35,114,085 | — |
Fair Value, Inputs, Level 2 - Corporate debt securities | 4,946,147 | — |
Fair Value, Inputs, Level 2 | 40,060,232 | — |
Total prepaid and other current assets | 3,436,207 | 4,330,465 |
Total current assets | 234,826,350 | 14,198,053 |
Marketable securities | 57,080,461 | 0 |
Fair Value, Inputs, Level 1 - U.S. Treasury securities | 57,080,461 | — |
Fair Value, Inputs, Level 1 | 57,080,461 | — |
Property and equipment, net | 679,870 | 577,671 |
Operating lease right-of-use assets | 1,092,152 | 82,677 |
Other assets | 115,000 | 25,361 |
Total assets | 293,793,833 | 14,883,762 |
Liabilities and stockholders’ equity (deficit) | ||
Current liabilities: | ||
Accounts payable | 361,240 | 2,273,823 |
Accrued expenses and other | 4,019,173 | 835,541 |
Operating lease liabilities | 466,624 | 93,935 |
Total current liabilities | 4,847,037 | 3,203,299 |
Operating lease liabilities, net of current portion | 670,195 | 0 |
Simple agreements for future equity | 0 | 46,042,000 |
Right of first refusal liability | 25,000,000 | 0 |
Total liabilities | 30,517,232 | 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 September 30, 2024 and December 31, 2023, respectively | 12,210 | 6,924 |
Additional paid-in capital | 385,363,981 | 27,124,983 |
Accumulated deficit | (124,820,677) | (61,493,444) |
Accumulated other comprehensive income | 2,721,087 | 0 |
Total stockholders’ equity (deficit) | 263,276,601 | (34,361,537) |
Common Stock | 0 | 0 |
Common Class A - Common Stock | 12,210 | 6,924 |
Additional Paid-in Capital | 385,363,981 | 27,124,983 |
Accumulated Deficit | (124,820,677) | (61,493,444) |
Accumulated Other Comprehensive Income | 2,721,087 | 0 |
Total liabilities and stockholders’ equity | 293,793,833 | 14,883,762 |