debt_leverage_profile
Near-zero debt; pre-revenue startup funded by equity (~$300M raised via SPAC/equity); 20bps rate move has negligible P&L impact
Inferred
Agent_Inference
interest_rate_sensitivity
Minimal direct interest expense; rate sensitivity manifests via discount rate on long-dated DCF valuations, compressing equity multiples significantly
Inferred
Agent_Inference
geopolitical_supply_exposure
High intensity; European gas dependency on Russia exposed structural energy security vulnerabilities.
Medium
GICS-commodity-overlay-v1
supply_chain_dependency
1) Enriched uranium supply (Russia/Kazakhstan chokepoint); 2) HALEU fuel processing concentrated in single US DOE facility (Paducah)
Inferred
Agent_Inference
international_expansion_readiness
Revenues currently USD-only domestic; no material sovereign currency devaluation exposure yet; international contracts anticipated in USD terms
Inferred
Agent_Inference
geographic_footprint
Primarily US-domestic; no current international revenue; planned expansion to allied nations (Japan, Canada) in USD-denominated contracts
Inferred
Agent_Inference
commodity_exposure_profile
High intensity; commodities: Natural Gas, Coal, Uranium, Crude Oil, Copper (grid), Lithium (storage); geopolitical: European gas dependency on Russia exposed structural energy security vulnerabilities.
Medium
GICS-commodity-overlay-v1
vendor_lock_dependency_score
HALEU fuel supply from DOE/Centrus represents non-substitutable critical input; single-source dependency exceeds 30% operational risk threshold
Inferred
Agent_Inference
business_model_type_primary
Capital-asset/energy-as-a-service; not meaningfully cloud-dependent; nuclear hardware and on-site operations cannot be terminated by cloud provider
Inferred
Agent_Inference
business_model_type_secondary
Software/monitoring systems use cloud infrastructure but operational continuity of physical reactors is independent of cloud provider termination
Inferred
Agent_Inference
switching_cost_profile
Low API coupling risk; core product is physical nuclear hardware; digital monitoring software has moderate vendor coupling but is non-critical operationally
Inferred
Agent_Inference
howey_test_risk_index
Revenue model (power purchase agreements) does not implicate Howey Test; no token/investment-contract structure; low securities law risk
Inferred
Agent_Inference
regulatory_burden_tier
Very High
Medium
GICS-regulatory-overlay-v1
data_sovereignty_risk
Minimal GDPR/CCPA exposure; primary data is operational/nuclear telemetry, not personal data; US-domestic operations dominate
Inferred
Agent_Inference
antitrust_exposure_flag
Low antitrust risk currently; nascent microreactor market with few competitors; DOE relationships may invite regulatory scrutiny but not antitrust action
Inferred
Agent_Inference
regulatory_exposure_profile
Very High burden; regimes: FERC, NERC, EPA, NRC, State PUCs, DOE; Rate-case lag and clean-energy mandates compress returns on regulated asset base.
Medium
GICS-regulatory-overlay-v1
revenue_model_type
Pre-revenue; future model is multi-year power purchase agreements (recurring); projected ~95% recurring once operational, ~5% transactional services
Inferred
Agent_Inference
monetization_vector
Long-term power purchase agreements (PPAs) with government and commercial off-takers; energy-as-a-service recurring revenue model
Inferred
Agent_Inference
pricing_architecture
Cost-plus pricing tied to levelized cost of electricity (LCOE); stress-test: fuel cost overruns or construction delays erode margin significantly
Inferred
Agent_Inference
pricing_power_rating
Moderate-to-high pricing power with captive off-grid/defense customers; limited pricing power vs. grid-connected utility alternatives
Inferred
Agent_Inference
target_gross_margin_bracket
Projected gross margins 40–60% at scale once FOAK (first-of-a-kind) costs absorbed; early units likely sub-20% margin
Inferred
Agent_Inference
churn_vulnerability_index
No free-rider leakage; energy output is metered and contracted; long-term PPAs (10–20 years) create very low churn vulnerability
Inferred
Agent_Inference
headcount_cost_structure
Revenue growth is highly sublinear to headcount; each additional reactor adds revenue without proportional headcount; capital-intensive not labor-intensive
Inferred
Agent_Inference
marginal_cost_of_growth
Marginal cost of growth is capital (reactor fabrication), not headcount; manufacturing scale and supply chain determine unit economics
Inferred
Agent_Inference
franchise_compliance_risk
Not applicable; Oklo does not operate a franchise model
Inferred
Agent_Inference
customer_acquisition_metric
At 10x scale, CAC becomes negligible vs. contract value; primary constraint is NRC licensing throughput and fuel supply, not customer acquisition
Inferred
Agent_Inference
network_effect_present
Weak direct network effects; indirect effects via regulatory precedent and supply chain scale; not a platform business—network effects limited
Inferred
Agent_Inference
asset_efficiency_ratio
-7.2% Return on Assets (Negative equity)
High
SEC-XBRL
recession_resistance_tier
High recession resistance; energy is essential infrastructure; government/defense customers provide stable demand regardless of economic cycle
Inferred
Agent_Inference
customer_segment_primary
US federal government and defense installations (DOD, DOE); high concentration risk with single sovereign customer dependency
Inferred
Agent_Inference
customer_segment_secondary
Remote industrial and commercial operators (mining, data centers) needing off-grid reliable baseload power; nascent pipeline
Inferred
Agent_Inference
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "17-0000 Architecture and Engineering Occupations", "23-0000 Legal Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "47-0000 Construction and Extraction Occupations", "49-0000 Installation, Maintenance, and Repair Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.34 (HIL — ~34% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v1
capital_expenditure_profile
100% growth capex; no legacy operations; all capital directed toward FOAK reactor construction, NRC licensing, and manufacturing scale-up
Inferred
Agent_Inference
sec_cik
0001849056
High
SEC-EDGAR
ticker
OKLO
High
SEC-EDGAR