US Nuclear Corp. reported a decline in financial performance for the second quarter of 2025, with revenues of $447,071, down 11% from $502,568 in the same period last year. For the first half of 2025, total sales reached $923,776, an 18.3% decrease compared to $1,130,318 in the first half of 2024. The company attributed this decline primarily to a shift in the mix of products and services sold. Despite the drop in sales, gross profit for the quarter was $249,332, slightly lower than the previous year's $258,441, while gross margins improved to 55.8% from 51.4% due to favorable product mix and material cost fluctuations.
Operating expenses for the second quarter decreased significantly to $405,457 from $621,641, a reduction of 34.8%. This decrease was largely due to lower stock-based compensation and payroll costs. The company reported a loss from operations of $156,125, a notable improvement from a loss of $363,200 in the same quarter of 2024. For the six-month period, the net loss increased to $768,031 from $617,404, reflecting higher selling, general, and administrative expenses, which rose by 14.1% to $1,278,254.
In terms of operational developments, US Nuclear Corp. has been focusing on its Overhoff and Optron divisions, with Overhoff accounting for a significant portion of sales. The company reported that 64% of its total revenues for the first half of 2025 came from sales to just two customers. Geographically, North America represented 91.35% of total sales, with international revenues expected to grow as the company seeks new customers in markets like South Korea and China.
The company’s total assets decreased to $2,505,836 as of June 30, 2025, down from $2,646,847 at the end of 2024, primarily due to a reduction in accounts receivable. Total liabilities also fell to $3,256,538 from $3,503,012, reflecting a decrease in notes payable and accrued expenses, partly due to debt forgiveness and conversions to Series A convertible preferred stock. Looking ahead, US Nuclear Corp. anticipates needing approximately $5 million in additional capital over the next year to support its business plans, emphasizing the importance of securing financing to continue operations and meet obligations.
About US NUCLEAR CORP.
US Nuclear Corp. designs, manufactures, and markets radiation detection and safety equipment for nuclear, medical, industrial, and security applications. Its products include survey meters, water and air monitors, port security scanners, and software solutions, serving government agencies, laboratories, hospitals, and industrial clients worldwide. The company leverages proprietary technology, focusing on niche markets like tritium detection, with a competitive edge rooted in specialized expertise and high regulatory standards.
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