Oklo Reports Friday Morning With Virtually No Revenue to Report. The Stock Trades 78% Below Its High.

Advanced nuclear developer Oklo will report Q2 results on Friday with virtually no revenue, with investors focusing on cash burn, reactor timelines, regulatory progress, and customer commitments. The stock has fallen 78% from its $193.84 high to around $43, despite the company achieving a major milestone: its Groves test reactor in Texas reached first criticality less than a year after groundbreaking. With $2.5 billion in cash and a quarterly burn rate of $17.9 million, the company has years of funding runway, but the market is no longer paying for promises and awaits concrete revenue and customer agreements.