Company: LEU
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001065059-25-000058
Chunk: 120

Company: CENTRUS ENERGY CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 120
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 31, 2024, respectively. The remaining performance obligations are partially based on customer estimates of the timing and size of the customers’ fuel requirements and other assumptions that are subject to change. The remaining performance obligations include estimates of selling prices, which may be subject to change. Depending on the terms of specific contracts, prices may be adjusted based on escalation using a general inflation index, published SWU price indicators prevailing at the time of delivery, and other factors, all of which are variable. The Company uses external composite forecasts of future market prices and inflation rates in its pricing estimates.The remaining performance obligations in the Technical Solutions segment were approximately $134.8 million and $28.0 million, as of June 30, 2025, and December 31, 2024, respectively, and extend through 2026. The remaining performance obligations in Technical Solutions include both funded (services for which funding has been both authorized and appropriated by the customer) and unfunded (services for which funding has not been appropriated) amounts. The Company does not include unexercised options or potential services under indefinite-delivery, indefinite-quantity agreements in its remaining performance obligations. If any of the Company’s contracts were to be terminated, its remaining performance obligations would be reduced by the expected value of the cancelled performance obligations of such contracts.

3.  CASH, CASH EQUIVALENTS AND RESTRICTED CASH

The following table summarizes the Company’s cash, cash equivalents and restricted cash as presented on the Consolidated Balance Sheets to amounts on the Consolidated Statements of Cash Flows (in millions):June 30, 2025December 31, 2024Cash and cash equivalents$833.0 $671.4 Deposits for financial assurance - current (a)11.4 30.0 Deposits for financial assurance - noncurrent2.6 2.6 Total cash, cash equivalents and restricted cash$847.0 $704.0 (a)  Deposits for financial assurance - current is included within Other Current Assets in the Consolidated Balance Sheets.The Company has $0.2 million and $0.5 million denominated in euros as of June 30, 2025 and December 31, 2024, respectively, and recorded $0.1 million and $0.2 million in transaction losses in the three and six months ended June 30, 2025, respectively, and $0 and $0.1 million in transaction losses in