Company: LEU
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049844
Chunk: 136

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 136
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ortizationNet AmountGross Carrying AmountAccumulated AmortizationNet AmountBacklog$54.6 $49.3 $5.3 $54.6 $46.8 $7.8 Customer relationships68.9 50.5 18.4 68.9 47.1 21.8 Total$123.5 $99.8 $23.7 $123.5 $93.9 $29.6 

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6.  DEBT

A summary of debt is as follows (in millions):September 30, 2025December 31, 2024MaturityCurrentLong-TermCurrentLong-Term8.25% Notes:Feb. 2027Principal$— $— $— $74.3 Interest— — 6.1 9.2 2.25% Convertible Notes:Nov. 2030Principal— 402.5 — 402.5 0% Convertible Notes:Aug. 2032Principal— 805.0 — —  Total$— $1,207.5 $6.1 $486.0 A summary of interest expense and amortization of debt issuance costs is as follows (in millions):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Contractual interest expense$2.3 $— $6.8 $— Amortization of debt issuance costs and discount0.9 — 2.0 — Total interest expense on debt$3.2 $— $8.8 $— Convertible NotesIn November 2024, the Company issued $402.5 million of 2.25% Convertible Notes due 2030 and in August 2025, the Company issued $805.0 million of 0% Convertible Notes due 2032. The Company evaluated its convertible debt to determine if the agreements or embedded components of the agreements qualify as derivatives to be accounted for separately and concluded that none of the embedded features of the convertible debt, inclusive of the conversion option, meet the criteria to require separate accounting. 

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0% Convertible NotesOn August 18, 2025, the Company issued, in a Rule 144A offering, the 0% Convertible Notes with an aggregate principal amount of