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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 653.0 $ 671.4
Accounts receivable, net 38.7 80.0
Inventories 429.6 161.6
Deferred costs associated with deferred revenue 63.9 63.9
Other current assets 37.5 38.3
Total current assets 1,222.7 1,015.2
Property, Plant and Equipment, Net 11.2 9.4
Deposits for financial assurance 2.7 2.6
Intangible assets, net 28.5 29.6
Deferred Tax Assets, Net 21.8 29.3
Other long-term assets 7.0 7.3
Total Assets 1,293.9 1,093.4
Current Liabilities    
Accounts payable and accrued liabilities 32.5 38.8
Accounts payable under purchase agreements 85.1 29.5
Inventories owed to customers and suppliers 203.9 16.2
Contract with Customer, Liability, Current 216.5 216.4
Convertible senior notes (Predecessor) 39.8 39.8
Current debt 0.0 6.1
Total current liabilities 577.8 346.8
Long-term debt 389.5 472.5
Postretirement health and life benefit obligations 72.5 74.6
Pension benefit liabilities 3.9 4.0
Long-term SWU Loan 28.3 26.2
Other long-term liabilities 8.0 7.9
Liabilities 1,080.0 932.0
Commitments and contingencies (Note 11)
Stockholders' Deficit    
Preferred stock 0.0 0.0
Excess of capital over par value 261.9 236.5
Accumulated deficit (49.1) (76.3)
Accumulated other comprehensive income (loss), net of tax (0.6) (0.5)
Stockholders' Equity 213.9 161.4
Total Liabilities and Stockholders’ Equity (Deficit) $ 1,293.9 $ 1,093.4
Common Class A [Member]    
Stockholders' Deficit    
Common Stock, Shares, Issued 16,316,821 16,045,916
Common stock $ 1.6 $ 1.6
Common Class B [Member]    
Stockholders' Deficit    
Common Stock, Shares, Issued 719,200 719,200
Common stock $ 0.1 $ 0.1