10-K Filing

Oklo Inc. CIK: 1849056 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001410578-22-000756`
Period End Date	20211231
Filing Date	20220331
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	alcc-20211231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 24 Income Statement 8 Cash Flow Statement 24 Stockholders Equity 9

Balance Sheet 24 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.34M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$840.71K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.18M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseNoncurrent`	$415.83K	USD	Point-in-time
Marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$500.13M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$504.72M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$387.70K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$12.77K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.42K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$402.88K	USD	Point-in-time
Deferred underwriting fee payable	`DeferredOfferingCostsNoncurrent`	$17.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.90M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A common stock subject to possible redemption, 50,000,000 shares at redemption value as of December 31, 2021	`TemporaryEquityCarryingAmountAttributableToParent`	$500.00M	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.19M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-13.18M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	-	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$504.72M	USD	Point-in-time

Income Statement 8 line items

Line Item	Tag	Value	Unit	Period
Formation and operational costs	`OperatingCostsAndExpenses`	$1.18M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-1.18M	USD	Annual
Interest earned on marketable securities held in Trust Account	`InterestEarnedOnMarketableSecuritiesHeldInTrustAccount`	$117.68K	USD	Annual
Unrealized gain on marketable securities held in Trust Account	`UnrealizedGainLossOnInvestments`	$7.79K	USD	Annual
Other income	`NonoperatingIncomeExpense`	$125.47K	USD	Annual
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.05M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.42K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.06M	USD	Annual

Cash Flow Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.06M	USD	Annual
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$117.68K	USD	Annual
Unrealized gain on marketable securities held in Trust Account	`UnrealizedGainLossOnInvestments`	$7.79K	USD	Annual
Offering costs	`OfferingCosts`	$168.41K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.26M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$387.70K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.42K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.88M	USD	Annual
Investment of cash into Trust Account	`PaymentsForInvestmentOfCashInTrustAccount`	$500.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-500.00M	USD	Annual
Proceeds from issuance of Class B common stock to Sponsor	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	Annual
Proceeds from sale of Units, net of underwriting discounts paid	`NetProceedsFromInitialPublicOffering`	$491.42M	USD	Annual
Proceeds from sale of Private Placement Shares	`ProceedsFromIssuanceOfWarrants`	$14.50M	USD	Annual
Proceeds from promissory note - related party	`ProceedsFromRelatedPartyDebt`	$500.00K	USD	Annual
Repayment of promissory note - related party	`RepaymentsOfRelatedPartyDebt`	$500.00K	USD	Annual
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$727.77K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$505.22M	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.34M	USD	Annual
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.34M	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.34M	USD	Point-in-time
Offering costs included in accrued offering costs	`OfferingCostsIncludedInAccountsPayableAccruedExpenses`	$12.77K	USD	Annual
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	$17.50M	USD	Annual

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning	`StockholdersEquity`	$-13.18M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	-	USD	Point-in-time
Issuance of Class B common stock to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	Annual
Issuance of Class B common stock to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	Point-in-time
Sale of 1,450,000 Private Placement Shares	`StockIssuedDuringPeriodValueIssuedForServices`	$14.50M	USD	Annual
Accretion for Class A common stock to redemption amount	`StockRedeemedOrCalledDuringPeriodValue`	$-26.65M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.06M	USD	Annual
Balance at the end	`StockholdersEquity`	$-13.18M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.