Complete Filing Data
Terrestrial Energy Inc. /DE/ reported Net Income Loss of -$28.02 million for FY2025.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Terrestrial Energy Inc. /DE/ did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Net Income * | -$28.0M | -$11.5M |
| Operating Income Loss | -$25.2M | -$10.4M |
| General And Administrative Expense | $14.3M | $4.2M |
| Nonoperating Income Expense | -$2.8M | -$1.1M |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | -$260.7K | $395.5K |
| Research And Development Expense | $9.8M | $5.2M |
| Operating Expenses | $25.2M | $10.6M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$28.0M | -$11.5M |
| Government Assistance Nonoperating Income | $323.5K | $708.0K |
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | -$27.1M | -$11.1M |
| Revenue From Contract With Customer Excluding Assessed Tax | $248.4K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|
| Net Income * | $1.9M | $601.0K | $690.0K | $1.1M | -$52.7K |
| Operating Income Loss | -$1.6M | -$1.5M | -$1.1M | -$278.5K | -$52.7K |
| General And Administrative Expense | $1.6M | $1.5M | $1.1M | $278.5K | $52.7K |
| Nonoperating Income Expense | $3.6M | $2.1M | $1.8M | $1.3M | |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | |||||
| Research And Development Expense | |||||
| Operating Expenses | |||||
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | |||||
| Government Assistance Nonoperating Income | |||||
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | |||||
| Revenue From Contract With Customer Excluding Assessed Tax |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Stockholders Equity * | $295.4M | -$13.5M | -$4.9M |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $97.2M | $3.0M | $4.6M |
| Retained Earnings Accumulated Deficit | -$124.6M | -$96.6M | |
| Liabilities Current | $5.9M | $1.1M | |
| Liabilities And Stockholders Equity | $303.0M | $5.3M | |
| Liabilities | $7.6M | $18.8M | |
| Assets Current | $299.6M | $3.3M | |
| Assets | $303.0M | $5.3M | |
| Prepaid Expense And Other Assets Current | $1.8M | $270.1K | |
| Cash And Cash Equivalents At Carrying Value | $97.2M | $3.0M | |
| Temporary Equity Accretion To Redemption Value | |||
| Accrued Liabilities Current | |||
| Temporary Equity Carrying Amount Attributable To Parent | |||
| Marketable Securities Noncurrent | |||
| Deferred Underwriting Fee Non Current | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | |||
| Other Receivables Net Current | |||
| Deferred Offering Costs Paid Through Promissory Note Related Party | |||
| Deferred Offering Costs Paid By Sponsor In Exchange For Issuance Of Class B Ordinary Shares | |||
| Operating Lease Right Of Use Asset Amortization Expense | $471.4K | $152.1K | |
| Finance Lease Principal Payments | $149.1K | $58.7K | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $94.1M | -$1.6M | |
| Initial Loss On Forward Purchase Agreement Liabilities |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Stockholders Equity * | -$14.5M | -$14.0M | -$12.1M | -$10.3M | -$10.0M | -$27.7K |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $350.4K | $124.1K | $517.2K | $825.1K | ||
| Retained Earnings Accumulated Deficit | -$14.5M | -$14.0M | -$12.1M | -$10.0M | -$52.7K | |
| Liabilities Current | $4.3M | $2.5M | $1.4M | $374.9K | $405.0K | |
| Liabilities And Stockholders Equity | $243.1M | $240.4M | $238.4M | $233.6M | $377.4K | |
| Liabilities | $15.0M | $14.3M | $12.8M | $11.1M | $405.0K | |
| Assets Current | $461.7K | $289.8K | $683.0K | $1.0M | $5.0K | |
| Assets | $243.1M | $240.4M | $238.4M | $233.6M | $377.4K | |
| Prepaid Expense And Other Assets Current | $75.2K | $90.3K | $90.3K | $90.3K | ||
| Cash And Cash Equivalents At Carrying Value | $517.2K | $825.1K | ||||
| Temporary Equity Accretion To Redemption Value | $2.5M | $2.5M | $2.5M | $18.4M | ||
| Accrued Liabilities Current | $3.5M | $2.5M | $1.4M | $458.6K | $246.9K | $251.9K |
| Temporary Equity Carrying Amount Attributable To Parent | $242.6M | $240.1M | $237.7M | $235.2M | $232.5M | |
| Marketable Securities Noncurrent | $242.6M | $240.1M | $237.7M | $235.2M | $232.5M | |
| Deferred Underwriting Fee Non Current | $10.7M | $10.7M | $10.7M | $10.7M | $10.7M | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | -$150.9K | |||||
| Other Receivables Net Current | $41.3K | $41.3K | ||||
| Deferred Offering Costs Paid Through Promissory Note Related Party | $107.9K | |||||
| Deferred Offering Costs Paid By Sponsor In Exchange For Issuance Of Class B Ordinary Shares | 12.5K | |||||
| Operating Lease Right Of Use Asset Amortization Expense | ||||||
| Finance Lease Principal Payments | ||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | ||||||
| Initial Loss On Forward Purchase Agreement Liabilities | $893.4K |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$16.5M | -$8.2M |
| Net Cash Provided By Used In Financing Activities | $311.4M | $7.3M |
| Net Cash Provided By Used In Investing Activities | -$200.6M | -$662.3K |
| Increase Decrease In Prepaid Expense | ||
| Increase Decrease In Other Receivables | ||
| Increase Decrease In Long Term Prepaid Insurance | ||
| Increase Decrease In Accrued Liabilities | ||
| Proceeds From Issuance Of Private Placement | $49.5M | |
| Share Based Compensation | $3.1M | $670.2K |
| Payments To Acquire Property Plant And Equipment | $1.1M | $607.9K |
| Payments To Acquire Intangible Assets | $86.2K | $54.4K |
| Increase Decrease In Prepaid Deferred Expense And Other Assets | $1.8M | -$166.3K |
| Increase Decrease In Operating Lease Liability | -$328.5K | -$133.5K |
| Increase Decrease In Accounts Payable And Accrued Liabilities | $5.4M | -$196.3K |
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -$140.7K | $32.2K |
| Depreciation Depletion And Amortization | $1.2M | $1.3M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2025 | Q3 2024 |
|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$150.9K | |
| Net Cash Provided By Used In Financing Activities | ||
| Net Cash Provided By Used In Investing Activities | ||
| Increase Decrease In Prepaid Expense | $55.0K | |
| Increase Decrease In Other Receivables | -$41.3K | |
| Increase Decrease In Long Term Prepaid Insurance | -$22.6K | |
| Increase Decrease In Accrued Liabilities | $943.4K | |
| Proceeds From Issuance Of Private Placement | $6.9M | |
| Share Based Compensation | ||
| Payments To Acquire Property Plant And Equipment | ||
| Payments To Acquire Intangible Assets | ||
| Increase Decrease In Prepaid Deferred Expense And Other Assets | ||
| Increase Decrease In Operating Lease Liability | ||
| Increase Decrease In Accounts Payable And Accrued Liabilities | ||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | ||
| Depreciation Depletion And Amortization |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Preferred Stock Shares Authorized | ||
| Preferred Stock Par Or Stated Value Per Share | ||
| Weighted Average Number Of Shares Outstanding Basic | 71.6M | 60.4M |
| Earnings Per Share Diluted | $-0.39 | $-0.19 |
| Earnings Per Share Basic | $-0.39 | $-0.19 |
| Weighted Average Number Of Diluted Shares Outstanding | 71.6M | 60.4M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Preferred Stock Shares Authorized | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M | 1.0M |
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Weighted Average Number Of Shares Outstanding Basic | 5.0M | |||||
| Earnings Per Share Diluted | $-0.02 | |||||
| Earnings Per Share Basic | $-0.02 | |||||
| Weighted Average Number Of Diluted Shares Outstanding |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Investment Income Interest | ||
| Interest Income Securities Other US Government | ||
| Prepaid Expense Current | ||
| Adjustments To Additional Paid In Capital Warrant Issued | $2.6M | $2.0M |
| Prepaid Expense Noncurrent | ||
| Due From Sponsor | ||
| Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value | $3.1M | $670.2K |
| Stock Issued During Period Value New Issues | ||
| Fair Value Option Changes In Fair Value Gain Loss1 | ||
| Foreign Currency Transaction Gain Loss Before Tax | -$57.2K | $617.4K |
| Other Noncash Expense | ||
| Foreign Currency Transaction Gain Loss Unrealized | $807.2K | $812.8K |
| Amortization Of Financing Costs | $2.1M | $802.6K |
| Interest Paid Net | $514.4K | |
| Adjustments To Additional Paid In Capital Stock Issued Issuance Costs |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Investment Income Interest | $2.5M | $1.3M | ||||
| Interest Income Securities Other US Government | $2.5M | $2.5M | $2.5M | $1.3M | ||
| Prepaid Expense Current | $31.6K | $71.0K | $71.1K | $16.1K | $60.9K | $5.0K |
| Adjustments To Additional Paid In Capital Warrant Issued | $529.0K | |||||
| Prepaid Expense Noncurrent | $7.5K | $30.1K | $52.6K | $75.2K | ||
| Due From Sponsor | $4.5K | $4.5K | $4.5K | $4.5K | ||
| Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value | ||||||
| Stock Issued During Period Value New Issues | $25.0K | |||||
| Fair Value Option Changes In Fair Value Gain Loss1 | $1.1M | -$387.4K | $223.7K | |||
| Foreign Currency Transaction Gain Loss Before Tax | ||||||
| Other Noncash Expense | $12.5K | |||||
| Foreign Currency Transaction Gain Loss Unrealized | ||||||
| Amortization Of Financing Costs | ||||||
| Interest Paid Net | ||||||
| Adjustments To Additional Paid In Capital Stock Issued Issuance Costs | $54.9K |
Most recent annual filing with the SEC: March 30, 2026
Data sourced from SEC EDGAR public filings as of August 5, 2026.