Total liquidity was USD 580 million, including USD 298.5 million cash and USD 281.5 million Treasuries.
The KRONOS MMR construction permit application was accepted for NRC review in May; the company targets approval in mid-to-late 2027, with construction potentially starting in 2H 2027.
Quarterly results and expenses
Nano Nuclear Energy reported Q3 net loss of USD 10.1 million; revenue was USD 214,042, versus no revenue a year earlier.
Gross margin was USD 62,211, or 29%, on cost of revenue of USD 151,831.
Research and development expense rose 9% to USD 3.99 million; general and administrative expense more than doubled to USD 11.86 million.
NNE•
