Company: LEU
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049844
Chunk: 157

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 157
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7 Technical Solutions segment:Technical Solutions3.5 3.7 8.4 11.0 Total3.5 3.7 8.4 11.0 Elimination of intersegment gross profit (loss)0.1 — (1.7)— Gross profit (loss)$(4.3)$8.9 $82.5 $49.7 Reconciliation to Income (loss) before income taxesAdvanced technology costs$1.7 $4.1 $8.0 $13.9 Selling, general and administrative8.9 9.6 25.9 24.6 Equity-related compensation0.6 0.4 5.3 1.1 Amortization of intangible assets1.1 2.4 5.9 7.2 Nonoperating components of net periodic benefit loss (income)1.0 0.8 2.9 (15.4)Interest expense3.4 0.1 9.9 0.8 Investment income(12.9)(2.6)(28.2)(7.8)Extinguishment of long-term debt— — (11.8)— Other expense (income), net(0.1)— — 0.1 Income (loss) before income taxes$(8.0)$(5.9)$64.6 $25.2 

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The Company’s total assets are not presented for each reportable segment as they are not reviewed by, nor otherwise regularly provided to the chief operating decision maker (“CODM”), the CEO. The CODM uses revenue, cost of sales and gross profit to allocate resources (including personnel and financial or capital resources) for each segment, predominantly in the annual budget and quarterly financial review and forecasting process. The CODM considers budget-to-actual variances on a quarterly basis using revenue, cost of sales and gross profit when making decisions about allocating capital and personnel to the segments. Centrus’ long-term or long-lived assets, which include property, plant and equipment and other assets reported on the Consolidated Balance Sheet, were located in the United States as of September 30, 2025 and December 31, 2024.Revenue from Major Customers (10% or More of Total Revenue)In the three months ended September 30, 2025, two customers in