Terrestrial Energy Inc. filed its quarterly report on Form 10-Q with the SEC on November 10, 2026, covering the period ended September 30, 2026, disclosing condensed consolidated financial statements and related notes.

Key Highlights

  • Cash position: Cash and cash equivalents stood at $94,787 thousand as of September 30, 2026, down from $97,164 thousand at December 31, 2025.
  • Short-term investments: Short-term investments totaled $181,547 thousand at September 30, 2026, compared with $200,626 thousand at December 31, 2025.
  • Total assets: Total assets were $282,874 thousand at September 30, 2026, versus $302,980 thousand at December 31, 2025.
  • Accumulated deficit: The accumulated deficit increased to $155,554 thousand at September 30, 2026, from $124,625 thousand at December 31, 2025.
  • Total stockholders' equity: Total stockholders' equity was $274,260 thousand at September 30, 2026, down from $295,406 thousand at December 31, 2025.
  • Shares outstanding: As of November 6, 2026, there were 105,988,406 ordinary shares outstanding, according to the filing.

Terrestrial Energy's Financial Position for the Quarter Ended September 30, 2026

Terrestrial Energy Inc. (NASDAQ:IMSR), a Delaware-incorporated company headquartered in Charlotte, NC, filed its Form 10-Q for the quarterly period ended September 30, 2026. The filing classifies the company as a non-accelerated filer, a smaller reporting company, and an emerging growth company. The company reported it is not a shell company and has met all required regulatory filing obligations during the preceding 12 months, according to the filing.

The condensed consolidated balance sheet shows total current assets of $277,981 thousand at September 30, 2026, compared with $299,559 thousand at December 31, 2025. The largest components were short-term investments of $181,547 thousand and cash and cash equivalents of $94,787 thousand. Total current liabilities were $6,951 thousand, including accounts payable and accrued expenses of $5,309 thousand. Total liabilities were $8,614 thousand, up from $7,574 thousand at year-end 2025, the filing disclosed.

On the equity side, the company reported common shares with a par value of $0.0001, with 500,000,000 authorized, and 82,718,567 shares issued and outstanding as of September 30, 2026. Exchangeable shares numbered 23,216,687 at the same date. Additional paid-in capital was $427,646 thousand, and accumulated other comprehensive income was $2,158 thousand. The filing contains forward-looking statements that, according to the company's own cautionary language, "are based on information currently available, as well as our beliefs and assumptions" and are subject to known and unknown risks and uncertainties.

What Was Disclosed

Terrestrial Energy Inc. filed its unaudited quarterly financial statements for the period ended September 30, 2026, reporting total assets of $282,874 thousand, an accumulated deficit of $155,554 thousand, and total stockholders' equity of $274,260 thousand.