Terrestrial Energy Inc. /DE/ (IMSR) Form 10-Q — Aug 11, 2026
Terrestrial Energy (Nasdaq: IMSR) filed its fiscal Q2 2026 10-Q on August 11, 2026, reporting a net loss of $9.4M for the quarter and $19.9M for the first half, a 59% year-over-year widening driven by R&D spend more than doubling to $8.1M and G&A rising 125% to $15.3M as it commercializes its Integral Molten Salt Reactor. The company remains pre-revenue. Liquidity is ample: $130.7M in cash plus $142.8M in short-term investments, $268.6M of net working capital, and zero debt after convertible notes converted to equity in Q4 2025. Management asserts sufficient liquidity for at least the next twelve months.
Key figures
- Total Assets
- 289868000
- Cash Position
- 130737000
- Shares Outstanding
- 105935254
- H1 2026 g and a
- 15333000
- H1 2026 r and d
- 8064000
- Q2 2026 g and a
- 8029000
- Q2 2026 r and d
- 3498000
- Debt outstanding
- 0
- Accumulated deficit
- 144527000
- Net working capital
- 268621000
- Warrants outstanding
- 30276119
- Long term investments
- 9911000
- Short term investments
- 142781000
- Business combination gross proceeds
- >$292 million before expenses (including $50 million PIPE and ~$242 million from trust, redemptions under 1%)
- Serviceable addressable market oecd
- $1.6 trillion
- Warrant weighted avg exercise price
- 8.24
- Potentially dilutive securities total
- 49429880
Price after filing
Close on the filing date to close N calendar days later (from $5.82). Historical, not a forecast.
AI analysis
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