Company: LEU
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001065059-25-000024
Chunk: 38

Company: CENTRUS ENERGY CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 38
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CENTRUS ENERGY CORP.

CONSOLIDATED BALANCE SHEETS

(Unaudited; in millions, except share and per share data) March 31,  2025December 31,  2024ASSETS  Current assets:  Cash and cash equivalents$653.0 $671.4 Accounts receivable38.7 80.0 Inventories429.6 161.6 Deferred costs associated with deferred revenue63.9 63.9 Other current assets37.5 38.3 Total current assets1,222.7 1,015.2 Property, plant and equipment, net of accumulated depreciation of $5.5 million and $5.3 million as of March 31, 2025 and December 31, 2024, respectively11.2 9.4 Deposits for financial assurance2.7 2.6 Intangible assets, net28.5 29.6 Deferred tax assets21.8 29.3Other long-term assets7.0 7.3 Total assets$1,293.9 $1,093.4 LIABILITIES AND STOCKHOLDERS’ EQUITY  Current liabilities:  Accounts payable and accrued liabilities$32.5 $38.8 Payables under inventory purchase agreements85.1 29.5 Inventories owed to customers and suppliers203.9 16.2 Deferred revenue and advances from customers216.5 216.4 Short-term inventory loans39.8 39.8 Current debt— 6.1 Total current liabilities577.8 346.8 Long-term debt389.5 472.5 Postretirement health and life benefit obligations72.5 74.6 Pension benefit liabilities3.9 4.0 Long-term inventory loans28.3 26.2 Other long-term liabilities8.0 7.9 Total liabilities1,080.0 932.0 Commitments and contingencies (Note 11)Stockholders’ equity:Preferred stock, par value $1.00 per share, 20,000,000 shares authorizedSeries A Participating Cumulative Preferred Stock, none issued— — Series B Senior Preferred Stock, none issued— — Class A Common Stock, par value $0.10 per share, 70,000,000 shares