Company: LEU
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049844
Chunk: 181

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 181
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 subject to a fee as this portion of Phase 2 remains undefinitized and is subject to negotiation. 

53

Non-Segment Information

The following tables present elements of the accompanying Consolidated Statements of Operations and Comprehensive Income that are not categorized by segment (dollar amounts in millions):

Three Months Ended September 30, 2025 Compared with Three Months Ended September 30, 2024

Three Months Ended  September 30, 20252024$ Change% ChangeGross profit (loss)$(4.3)$8.9 $(13.2)(148)%Advanced technology costs1.7 4.1 (2.4)(59)%Selling, general and administrative8.9 9.6 (0.7)(7)%Equity-related compensation0.6 0.4 0.2 50 %Amortization of intangible assets1.1 2.4 (1.3)(54)%Operating loss(16.6)(7.6)(9.0)(118)%Nonoperating components of net periodic benefit loss1.0 0.8 0.2 25 %Interest expense3.4 0.1 3.3 3,300 %Investment income(12.9)(2.6)(10.3)(396)%Other income, net(0.1)— (0.1)n/aLoss before income taxes(8.0)(5.9)(2.1)(36)%Income tax benefit(11.9)(0.9)(11.0)(1,222)%Net income (loss) and comprehensive income (loss)$3.9 $(5.0)$8.9 178 %

Advanced Technology Costs

Advanced technology costs were $1.7 million and $4.1 million for the three months ended September 30, 2025 and 2024, respectively, a decrease of $2.4 million (or 59%). Advanced technology costs consist of American Centrifuge work and related expenses that are outside of our customer contracts in the Technical Solutions segment, including bid and proposal activities and work to improve our enrichment capability.

Interest Expense

Interest expense was $3.4 million and $0.1 million for the three months ended September 30, 2025 and 2024, respectively, an increase of $3.3 million (or 3,300%). This increase was due primarily to interest incurred on the