Security
HCM II Acquisition Corp. Warrant · HONDW
HONDWNASDAQWarrantHistorical · closed Oct 28, 2025CIK 2019804Updated Nov 1, 2026
Name history
HCM II Acquisition Corp. · through Oct 29, 2025
Current security for this SEC filerIMSR · NASDAQ
HONDW price & chart
Historical security
This listing closed Oct 28, 2025. Live provider charts are shown only for current listings.
Current security: IMSR
About the company
Terrestrial Energy is a developer of Generation IV nuclear plants that use its proprietary Integral Molten Salt Reactor (IMSR). The IMSR captures the transformative operating benefits of molten salt reactor technology in a plant design that represents true innovation in capital efficiency, cost reduction, versatility and functionality of nuclear energy supply. IMSR plants are designed to be small and modular for distributed supply of low-cost, reliable, dispatchable, clean, high-temperature industrial heat and electricity, and to be customized for a dual-use energy role relevant to many industrial applications, such as petrochemical and chemical synthesis, and data center operation. In so doing, IMSR plants extend the application of nuclear energy far beyond electric power markets. Their deployment will support the rapid growth of clean firm heat and power, delivering energy self-reliance, grid reliability and economic growth. Terrestrial Energy uses an innovative plant design together with proven and demonstrated molten salt reactor technology and readily-available and inexpensive standard-assay low-enriched uranium in its fuel for a nuclear plant with a unique set of operating ch…
In the news
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Recent filings
Show 5 more recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| AssetsUSD | 243,104,629Source | 233,592,426Source | 289,868,000Source | 240,431,477Source | 377,355Source | 295,168,000Source | 238,369,487Source | 302,980,424Source | 236,066,398Source |
| Property, Plant and Equipment, NetUSD | — | — | 806,000Source | — | — | 831,000Source | — | 834,795Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | 688,000Source | — | — | 699,000Source | — | 707,749Source | — |
| Current assets: | |||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 825,134Source | 130,737,000Source | — | — | 76,946,000Source | 517,160Source | 97,164,391Source | 668,089Source |
| Assets, CurrentUSD | 461,657Source | 1,017,503Source | 274,792,000Source | 289,781Source | 5,000Source | 276,743,000Source | 682,955Source | 299,559,936Source | 820,167Source |
| Prepaid Expense and Other Assets, CurrentUSD | 75,208Source | 90,250Source | 1,274,000Source | 90,250Source | — | 1,779,000Source | 90,250Source | 1,769,264Source | 90,250Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | 3,595,000Source | — | — | 1,919,000Source | — | 1,814,333Source | — |
| Other Assets, NoncurrentUSD | — | — | 76,000Source | — | — | 78,000Source | — | 63,611Source | — |
| LIABILITIES AND EQUITY | |||||||||
| LiabilitiesUSD | 14,997,990Source | 11,094,882Source | 8,214,000Source | 14,252,677Source | 405,018Source | 6,572,000Source | 12,791,714Source | 7,574,182Source | 11,178,624Source |
| Stockholders’ equity: | |||||||||
| Common Stock, Value, IssuedUSD | — | — | 8,000Source | — | — | 8,000Source | — | 8,177Source | — |
| Additional Paid in CapitalUSD | — | — | 424,620,000Source | — | 24,425Source | 421,734,000Source | — | 418,814,641Source | — |
| Retained Earnings (Accumulated Deficit)USD | -14,536,908Source | -10,002,746Source | -144,527,000Source | -13,955,950Source | -52,663Source | -135,128,000Source | -12,079,251Source | -124,624,883Source | -10,306,386Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | — | 1,551,000Source | — | — | 1,980,000Source | — | 1,205,906Source | — |
| Stockholders' Equity Attributable to ParentUSD | -14,536,333Source | -10,002,171Source | 281,654,000Source | -13,955,375Source | -27,663Source | 288,596,000Source | -12,078,676Source | — | -10,305,811Source |
| Liabilities and EquityUSD | 243,104,629Source | 233,592,426Source | 289,868,000Source | 240,431,477Source | 377,355Source | 295,168,000Source | 238,369,487Source | 302,980,424Source | 236,066,398Source |
| Current liabilities: | |||||||||
| Liabilities, CurrentUSD | 4,277,990Source | 374,882Source | 6,171,000Source | 2,475,553Source | 405,018Source | 5,048,000Source | 1,401,982Source | 5,917,531Source | 458,624Source |
| Operating Lease, Liability, CurrentUSD | — | — | 1,803,000Source | — | — | 520,000Source | — | 383,223Source | — |
| Operating Lease, Liability, NoncurrentUSD | — | — | 2,006,000Source | — | — | 1,478,000Source | — | 1,600,672Source | — |
| Additional Financial Items | |||||||||
| Accrued Liabilities, CurrentUSD | 3,539,988Source | 246,941Source | — | 2,475,553Source | 251,891Source | — | 1,401,982Source | — | 458,624Source |
| Short-term InvestmentsUSD | — | — | 142,781,000Source | — | — | 198,018,000Source | — | 200,626,281Source | — |
cash flow · annual statements
| Line item | Q4 2025 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -9,399,000Source | -6,249,000Source | — | -10,503,000Source | -6,252,000Source | -28,016,641Source | -11,485,410Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | 145,000Source | 198,000Source | — | 61,000Source | 181,000Source | 1,161,704Source | 1,256,391Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 2,761,000Source | 180,000Source | 3,103,702Source | 670,243Source |
| Changes in operating assets and liabilities: | ||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | — | — | — | -19,163Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 15,401Source | -15,401Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -9,093,000Source | -2,760,000Source | -16,472,912Source | -8,202,934Source |
| Cash flows from investing activities: | ||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -11,506,000Source | -184,000Source | -200,638,289Source | -662,270Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 53,000Source | 163,000Source | 1,055,307Source | 607,866Source |
| Cash flows from financing activities: | ||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 149,000Source | 10,945,000Source | 311,394,447Source | 7,254,268Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -20,218,000Source | 8,296,000Source | 94,142,596Source | -1,578,735Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | 350,389Source | 825,134Source | 130,737,000Source | 32,383,000Source | — | 76,946,000Source | 11,318,000Source | 97,164,391Source | 3,021,795Source |
| Supplemental disclosure of cash flow information: | ||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | — | 514,431Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | 232,000Source | 295,000Source | -140,650Source | 32,201Source |
| Additional Financial Items | ||||||||||
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | — | 517,000Source | 2,137,984Source | 802,573Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 25,254Source | 50,176Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | -170,000Source | 97,000Source | — | -34,000Source | -30,000Source | -57,214Source | 617,357Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | — | — | — | — | — | — | 378,000Source | 96,000Source | 807,193Source | 812,849Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | — | — | — | — | — | -1,183,289Source |
| General and Administrative ExpenseUSD | — | 1,638,082Source | 278,494Source | 8,029,000Source | 3,531,000Source | 52,663Source | 7,304,000Source | 3,289,000Source | 14,266,775Source | 4,168,576Source |
| Income Tax Expense (Benefit)USD | — | — | — | 78,000Source | 0Source | — | 37,000Source | 0Source | 17,950Source | 20,965Source |
| Net Income (Loss) Attributable to ParentUSD | — | 1,927,839Source | 1,071,221Source | -9,399,000Source | -6,249,000Source | -52,663Source | -10,503,000Source | -6,252,000Source | -28,016,641Source | -11,485,410Source |
| Nonoperating Income (Expense)USD | — | 3,565,921Source | 1,349,715Source | 2,351,000Source | -1,079,000Source | — | 1,465,000Source | -1,374,000Source | -2,802,216Source | -1,110,903Source |
| Operating ExpensesUSD | — | — | — | 11,672,000Source | 5,170,000Source | — | 11,931,000Source | 4,878,000Source | 25,196,475Source | 10,601,899Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 158,000Source | — | 136Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | 1,129,448Source | — |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | —Source | — | — | —Source | — | — | —Source | — | — |
| Investment Income, Interest | — | — | —Source | — | — | — | — | —Source | — | — |
| Noncash Merger Related Costs | — | — | — | — | — | —Source | — | — | — | — |
| Operating Costs and Expenses | — | — | — | — | — | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | — | — | — | — | — | — | — | 248,357Source |
| Operating Income (Loss)USD | — | -1,638,082Source | -278,494Source | -11,672,000Source | -5,170,000Source | -52,663Source | -11,931,000Source | -4,878,000Source | -25,196,475Source | -10,353,542Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | -9,321,000Source | -6,249,000Source | — | -10,466,000Source | -6,252,000Source | -27,998,691Source | -11,464,445Source |
| Income Tax Expense (Benefit)USD | — | — | — | 78,000Source | 0Source | — | 37,000Source | 0Source | 17,950Source | 20,965Source |
| Net Income (Loss) Attributable to ParentUSD | — | 1,927,839Source | 1,071,221Source | -9,399,000Source | -6,249,000Source | -52,663Source | -10,503,000Source | -6,252,000Source | -28,016,641Source | -11,485,410Source |
| Earnings Per Share, BasicUSD per share | — | — | — | -0.09Source | -0.1Source | -0.02Source | -0.1Source | -0.1Source | -0.39Source | -0.19Source |
| Earnings Per Share, DilutedUSD per share | — | — | — | -0.09Source | -0.1Source | -0.02Source | -0.1Source | -0.1Source | -0.39Source | -0.19Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | 105,935,254Source | 63,170,918Source | 5,000,000Source | 105,861,986Source | 63,170,918Source | 71,646,985Source | 60,414,175Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | 105,935,254Source | 63,170,918Source | — | 105,861,986Source | 63,170,918Source | 71,646,985Source | 60,414,175Source |
| Additional Financial Items | ||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 25,254Source | 50,176Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 2,549Source | 36,366Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | — | — | 1,012,872Source | 1,206,215Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | -170,000Source | 97,000Source | — | -34,000Source | -30,000Source | -57,214Source | 617,357Source |
| General and Administrative ExpenseUSD | — | 1,638,082Source | 278,494Source | 8,029,000Source | 3,531,000Source | 52,663Source | 7,304,000Source | 3,289,000Source | 14,266,775Source | 4,168,576Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -17,127,042Source | -1,374,250Source |
| Nonoperating Income (Expense)USD | — | 3,565,921Source | 1,349,715Source | 2,351,000Source | -1,079,000Source | — | 1,465,000Source | -1,374,000Source | -2,802,216Source | -1,110,903Source |
| Operating ExpensesUSD | — | — | — | 11,672,000Source | 5,170,000Source | — | 11,931,000Source | 4,878,000Source | 25,196,475Source | 10,601,899Source |
| Research and Development ExpenseUSD | — | — | — | 3,498,000Source | 1,441,000Source | — | 4,566,000Source | 1,408,000Source | 9,767,996Source | 5,176,932Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | —Source | — | — | —Source | — | — | —Source | — | — |
| Investment Income, Interest | — | — | —Source | — | — | — | — | —Source | — | — |
| Investment Income, Net | — | — | — | — | — | — | —Source | — | — | — |
| Operating Costs and Expenses | — | — | — | — | — | —Source | — | — | — | — |
Offerings
Registration 333-291796
Filing attachments
tmb-20260811xex99d1.htm · 8-K · 2026-08-11
EX-99.1 2 tmb-20260811xex99d1.htm EX-99.1 Exhibit 99.1 Terrestrial Energy Reports Second Quarter 2026 Results ~ NRC Approves PIE Methodology Topical Report, Advancing the IMSR Licensing Basis ~ ~ Texas A&M Agreements Signed Covering Development Activities and Ground Leases Providing Site Control for Completion of-Characterization Work at RELLIS ~ ~ Updates to Estimated Unit-Economics Raises Lifetime Revenue Per Plant to $2.7 Billion from $2.1 Billion with Blended Gross Margin Raised to 3…
Read attachment ↗tmb-20260723xex99d1.htm · 8-K · 2026-07-28
EX-99.1 2 tmb-20260723xex99d1.htm EX-99.1 Exhibit 99.1 Terrestrial Energy Board Adds Industry Veteran Kathryn McCarthy; Announces Second Quarter 2026 Earnings Release and Conference Call Date CHARLOTTE, N.C., July 28, 2026 (BUSINESSWIRE) -- Terrestrial Energy Inc. (NASDAQ: IMSR), a developer of small modular nuclear power plants using its Generation IV Integral Molten Salt Reactor (IMSR), today announced that industry veteran Kathryn McCarthy has been appointed to the Board of Directors. …
Read attachment ↗tmb-20260721xex99d1.htm · 8-K · 2026-07-21
EX-99.1 2 tmb-20260721xex99d1.htm EX-99.1 Exhibit 99.1 Delivering carbon-free thermal and electrical energy J U L Y 2 0 2 6 Terrestrial Energy Inc. Proprietary Information - All Intellectual Property Rights Reserved. 2 Disclaimer This presentation (this “Presentation”) has been prepared by Terrestrial Energy Inc. (the “Company”) solely for informational purposes. This Presentation is intended to provide a general overview of the Company and its business. This Presentation shoul…
Read attachment ↗tmb-20260331xex4d1.htm · 10-Q · 2026-05-14
EXHIBIT 4.1 DESCRIPTION OF SECURITIES OF TERRESTRIAL ENERGY INC. REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 The following summary of the material terms of the capital stock of the Terrestrial Energy Inc. (“we,” “our,” “us,” or the “Company”) is not intended to be a complete summary of the rights and preferences of such securities, and is qualified by reference to our certificate of incorporation, as amended and corrected (the “Certificate of Incorporation”), our b…
Read attachment ↗tmb-20260514xex99d1.htm · 8-K · 2026-05-14
EX-99.1 2 tmb-20260514xex99d1.htm EX-99.1 Exhibit 99.1 Terrestrial Energy Reports First Quarter 2026 Results Completed OTA contract with Department of Energy supporting IMSR pilot reactor and IMSR fuel pilot plant projects Collaboration with Riot Platform for a best-in-class pairing of data center and co-located nuclear plant to deliver up to 4GW of nuclear power capacity for hyperscale AI operation NRC approved Topical Report on IMSR Postulated Initiating Event methodology and issued Sa…
Read attachment ↗tmb-20251231xex4d2.htm · 10-K · 2026-03-30
Exhibit 4.2 THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS AND NEITHER THE SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS WHICH, IN THE OPINION OF COUNSEL, IS AVAILABLE. THE SECURITIES REPRESENTE…
Read attachment ↗