XML 60 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 1,631.8 $ 671.4
Accounts receivable, net 60.7 80.0
Inventories 416.3 161.6
Deferred costs associated with deferred revenue 47.7 63.9
Other current assets 8.1 38.3
Total current assets 2,164.6 1,015.2
Property, Plant and Equipment, Net 20.5 9.4
Deposits for financial assurance 2.6 2.6
Intangible assets, net 23.7 29.6
Deferred Tax Assets, Net 25.8 29.3
Other long-term assets 7.7 7.3
Total Assets 2,244.9 1,093.4
Current Liabilities    
Accounts payable and accrued liabilities 36.3 38.8
Accounts payable under purchase agreements 155.9 29.5
Inventories owed to customers and suppliers 238.9 16.2
Contract with Customer, Liability, Current 154.8 216.4
Convertible senior notes (Predecessor) 40.3 39.8
Current debt 0.0 6.1
Total current liabilities 626.2 346.8
Long-term debt 1,173.5 472.5
Postretirement health and life benefit obligations 70.0 74.6
Pension benefit liabilities 3.8 4.0
Long-term SWU Loan 0.0 26.2
Other long-term liabilities 8.3 7.9
Liabilities 1,881.8 932.0
Commitments and contingencies (Note 11)
Stockholders' Deficit    
Preferred stock 0.0 0.0
Excess of capital over par value 378.3 236.5
Accumulated deficit (16.3) (76.3)
Accumulated other comprehensive income (loss), net of tax (0.7) (0.5)
Stockholders' Equity 363.1 161.4
Total Liabilities and Stockholders’ Equity (Deficit) $ 2,244.9 $ 1,093.4
Common Class A [Member]    
Stockholders' Deficit    
Common Stock, Shares, Issued 17,492,832 16,045,916
Common stock $ 1.7 $ 1.6
Common Class B [Member]    
Stockholders' Deficit    
Common Stock, Shares, Issued 719,200 719,200
Common stock $ 0.1 $ 0.1