Oklo Stock Drops After Q1 Loss Widens — Why Its $2.5 Billion Cash Pile Matters
Oklo reported a first-quarter net loss of $33.1 million, more than triple last year’s figure, as research and administrative costs surged. The nuclear startup posted no revenue and spent $17.9 million in operating cash, but ended March with $2.54 billion in cash and marketable securities after a major share sale. Shares fell after earnings.