Microcap Ledger

Tickers · $IMSR

Terrestrial Energy Inc. /DE/ $IMSR

By Microcap Ledger desk · CIK 0002019804

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Select Market
Sector
Fabricated Plate Work (Boiler Shops)
Headquarters
Charlotte, NC
Fiscal year end
December 31
Shares outstanding
105,935,254 [10-Q 2026-08-11]
as of 2026-08-11

Sources: [10-K 2026-03-30]

What the company doesAI summary of filing

Terrestrial Energy Inc. is a pre-revenue nuclear technology company developing the Integral Molten Salt Reactor (IMSR) plant, a small modular advanced nuclear reactor designed to generate electricity and industrial heat. The company does not currently operate commercial plants but has generated limited revenue from preliminary site assessment and pre-construction engineering services since inception in 2013. Terrestrial Energy intends to earn revenue through four streams over a 60+ year project lifecycle: pre-construction services, construction services and component supply (including the IMSR Core-unit reactor and fuel salt), post-construction IMSR Core-unit replacement supply recurring every seven years, and post-construction fuel supply, with the company positioned as a designer and supplier rather than as an owner-operator of plants. The company has an accumulated deficit of $124.6 million as of December 31, 2025, targets first commercial operations in 2034 subject to regulatory approval and financing, and recently completed a business combination in October 2025. [10-K 2026-03-30]

Segments: Pre-construction services, Construction services and component supply (IMSR Core-unit), Post-construction IMSR Core-unit supply, Post-construction IMSR fuel supply

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—−$19.90M −$14.79M$130.74M[10-Q 2026-08-11]
FY ended Dec 2025—−$28.02M −$16.47M$97.16M[POS AM 2026-06-05]
FY ended Dec 2024$248.4K−$11.49M −$8.20M$3.02M[POS AM 2026-06-05]
Quarterly cash burn
−$7.40M

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2025-11-1481,771,423[10-Q/A 2025-11-21]
2026-03-25105,935,266[10-K 2026-03-30]
2026-05-06105,935,254[10-Q 2026-05-14]
2026-08-11105,935,254[10-Q 2026-08-11]
Shelf registration
S-1 filed 2025-11-26; declared effective 2026-06-11 [S-1 2025-11-26]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.