Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Gross Profit | -7.2M | 2.6% |
| Cost of Revenue | 7.2M | 2.6% |
| Operating expense | 12M | 30.9% |
| Net Income | -10M | 66.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 294M | 1.8% |
| Total Liabilities | 31M | 2.1% |
| Total Equity | 263M | 2.2% |
| Shares Outstanding | 122M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -7.9M | 50.2% |
| Cash from investing | -5.6M | 0% |
| Cash from financing | -390,000 | 246.1% |
EPS
Financial Highlights for Oklo in Q3 '24
Gross Profit stood at -7.2M, marking a -2.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 7.2M, a 2.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 12M, showing a -30.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -10M, showing a 66.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Oklo faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
