Company: LEU
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001065059-25-000024
Chunk: 39

Company: CENTRUS ENERGY CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 39
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 authorized, 16,316,821 and 16,045,916 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively1.6 1.6 Class B Common Stock, par value $0.10 per share, 30,000,000 shares authorized, 719,200 shares issued and outstanding as of March 31, 2025 and December 31, 20240.1 0.1 Excess of capital over par value261.9 236.5 Accumulated deficit(49.1)(76.3)Accumulated other comprehensive loss(0.6)(0.5)Total stockholders’ equity213.9 161.4 Total liabilities and stockholders’ equity$1,293.9 $1,093.4 

The accompanying notes are an integral part of these unaudited Consolidated Financial Statements.

10

CENTRUS ENERGY CORP.

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(Unaudited; in millions, except share and per share data)

Three Months Ended  March 31,20252024Revenue:Separative work units$51.3 $23.6 Uranium— — Technical solutions21.8 20.1 Total revenue73.1 43.7 Cost of Sales:Separative work units and uranium20.1 23.1 Technical solutions20.1 16.3 Total cost of sales40.2 39.4 Gross profit32.9 4.3 Advanced technology costs3.0 5.7 Selling, general and administrative8.3 8.1 Amortization of intangible assets1.1 1.1 Operating income (loss)20.5 (10.6)Nonoperating components of net periodic benefit loss0.9 0.1 Interest expense3.4 0.4 Investment income(7.3)(2.8)Extinguishment of long-term debt(11.8)— Other expense, net0.1 0.1 Income (loss) before income taxes35.2 (8.4)Income tax expense (benefit)8.0 (2.3)Net income (loss) and comprehensive income (loss)$27.2 $(6.1