US Nuclear Corp reported substantial financial improvement in its second quarter results, with a net loss reduction exceeding 54% compared to previous periods. The company anticipates achieving profitability in the third quarter and maintains a positive outlook for full-year performance, supported by strategic decisions to decline low-margin contracts and optimize operational efficiency. Chief Executive Officer Bob Goldstein emphasized that excluding non-cash charges and a delayed shipment, the company's first-half net loss would have been under $301,000, representing a 49% decrease from the $617,404 loss recorded in the first half of 2024.
Goldstein stated that although second quarter results were close to breakeven, the company would have shown a small profit if not for the delayed shipment. The company is implementing a new policy of turning down jobs with low margins or risk of losses, which contributes to the improved financial outlook. This strategic approach to contract selection represents a fundamental shift in the company's operational philosophy aimed at sustainable profitability.
The company strengthened its position in the nuclear energy sector through strategic investments in fusion technology. US Nuclear completed two transactions totaling $475,000 with equity partners in the nuclear fusion sector, involving shares in MIFTI, a company developing thermonuclear fusion-powered reactors, and MIFTEC, focused on radio-isotope applications. Following a merger between the two entities in September 2025, US Nuclear now holds 1,022,710 shares in the combined company. Goldstein expressed optimism about the long-term value of these investments and ongoing opportunities in fission and fusion reactor development.
Operational expansion continues as the company integrates product lines from its recent acquisitions. Nikki Truax, Director of Operations at Overhoff Technology, the primary manufacturing and sales operation, highlighted the consolidation of Optron's product lines with Overhoff Technologies in Milford, Ohio, and ECC, the calibration and service division. The combined portfolio now includes over 250 distinct products, necessitating increased sales capacity. Truax noted the company is actively seeking additional sales representatives, distributors, and an experienced Vice President of Sales to support growing customer demands and maintain service quality. Financial documents for the second quarter are accessible through the company's regulatory filings available at https://www.sec.gov/edgar/searchedgar/companysearch. The company expects trading in its common stock to resume shortly following the financial disclosure.
