net income -$10.1M. Nano Nuclear submits KRONOS reactor permit, acquires fuel transporter, as SEC probe continues

Filed August 12, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 14, 2025 · ~2 min read

Key Changes

• high

  SEC investigation ongoing since April 2025, escalated to formal subpoena in January 2026 relating to two service providers; company cooperating but outcome uncertain.

  Risk Factors verify on EDGAR →
• high

  Acquired Secured Transportation Services (STS) for up to $13M in May 2026, adding first revenue-generating business ($214K revenue, $62K gross margin in 39 days through quarter-end).

  Notes: STS Acquisition verify on EDGAR →
• high

  Operating loss widened 68% YoY to -$15.8M (from -$9.4M) as FY2026 estimated cash expenditures increased 63% to $65M (from $40M), driven by accelerated KRONOS development and fuel supply chain activities.

  MD&A: FY2026 spend verify on EDGAR →