beatandraise : Equity Research with AI and ChatGPT on SEC Edgar

beta

Oklo Inc.

Exhibits

oklo-20241231.htm ex41descriptionofsecurities.htm ex191oklo-insidertrading.htm ex211listofsubsidiaries.htm ex231consentofdeloitte.htm ex232consentofmarcum.htm ex311to3q202410-q1.htm ex312to3q202410-q1.htm ex321to3q202410-q1.htm ex971oklo-clawbackpolicy.htm

Graphics

about terms

beatandraise.com

beta

Oklo Inc.

Statements

Exhibits

Graphics

about terms

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Operating expenses
Research and development	$ 26,711	$ 9,763
General and administrative	26,090	8,873
Total operating expenses	52,801	18,636
Loss from operations	(52,801)	(18,636)
Other income (loss)
Change in fair value of simple agreements for future equity	(27,864)	(13,717)
Interest and dividend income	7,732	180
Total other income (loss)	(20,132)	(13,537)
Loss before income taxes	(72,933)	(32,173)
Income taxes	(683)	0
Net loss	$ (73,616)	$ (32,173)
Net loss per share:
Basic - Class A Common Stock (in dollars per share)	$ (0.74)	$ (0.47)
Diluted - Class A Common Stock (in dollars per share)	$ (0.74)	$ (0.47)
Weighted-average number of shares outstanding - basic - Class A Common Stock (in shares)	98,910,013	68,891,996
Weighted-average number of shares outstanding - diluted - Class A Common Stock (in shares)	98,910,013	68,891,996

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities
Net loss	$ (73,616)	$ (32,173)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	268	75
Change in fair value of simple agreements for future equity	27,864	13,717
Accretion of discount on marketable debt securities	(520)	0
Stock-based compensation	12,484	777
Change in operating assets and liabilities:
Prepaid and other current assets	(1,520)	(126)
Other assets	(115)	26
Accounts payable	(1,762)	1,344
Accrued expenses and other	(1,504)	384
Operating lease right-of-use assets and liabilities	31	(22)
Net cash used in operating activities	(38,390)	(15,998)
Cash flows from investing activities
Purchases of property and equipment	(352)	(83)
Purchases of marketable debt securities	(291,620)	0
Proceeds from redemptions of marketable debt securities	116,198	0
Net cash used in investing activities	(175,774)	(83)
Cash flows from financing activities
Proceeds from recapitalization	276,210	0
Proceeds from exercise of stock options	1,044	114
Proceeds from right of first refusal liability	25,000	0
Proceeds from simple agreements for future equity	10,232	19,325
Payment of deferred issuance costs	(11,058)	(3,144)
Net cash provided by financing activities	301,428	16,295
Net increase in cash and cash equivalents	87,264	214
Cash and cash equivalents - beginning of year	9,868	9,654
Cash and cash equivalents - end of year	97,132	9,868
Supplemental disclosures of cash flow information
Cash paid for interest	0	0
Cash paid for income taxes	907	0
Supplemental noncash investing and financing activities
Reclassification of deferred issuance costs in connection with business combination	5,510	0
Reclassification of simple agreements for future equity in connection with business combination	84,138	0
Deferred issuance costs included in accounts payable	1,906	443
Deferred issuance costs included in accrued expense and other	0	122
Purchases of computer software in accounts payable and accrued expense and other	$ 540	$ 392

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 97,132	$ 9,868
Marketable debt securities	130,682	0
Prepaid and other current assets	4,125	4,331
Total current assets	231,939	14,199
Marketable debt securities	47,473	0
Property and equipment, net	1,202	578
Operating lease right-of-use assets	982	83
Other assets	140	25
Total assets	281,736	14,885
Current liabilities:
Accounts payable	2,970	2,274
Accrued expenses and other	1,885	836
Operating lease liabilities	481	94
Total current liabilities	5,336	3,204
Operating lease liabilities, net of current portion	543	0
Simple agreements for future equity	0	46,042
Right of first refusal liability	25,000	0
Total liabilities	30,879	49,246
Commitments and contingencies (Note 15)
Stockholders' equity (deficit):
Class A common stock, $0.0001 par value – 500,000,000 shares authorized; 137,706,596 and 69,242,940 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively	14	7
Additional paid-in capital	383,739	27,125
Accumulated deficit	(135,109)	(61,493)
Accumulated other comprehensive income	2,213	0
Total stockholders’ equity (deficit)	250,857	(34,361)
Total liabilities and stockholders’ equity	$ 281,736	$ 14,885