Business
US Nuclear Corp Announces 2024 Financials Showing a 55% Surge in Overhoff Technology Gross Profit to Almost $1.2 Million, on Revenues Over $2 Million, 93% of Total Sales
LOS ANGELES, CA - July 2, 2025 (NEWMEDIAWIRE) - US Nuclear Corp (OTC: UCLE), is pleased to announce that the recent migration of manufacturing and production of the Optron LA Facility to its Overhoff Technology Milford, OH, facility is already bearin...
About this update from Us Nuclear Corp.
[{"type":"image","caption":"","headline":"US Nuclear Corp Announces 2024 Financials Showing a 55% Surge in Overhoff Technology Gross Profit to Almost $1.2 Million, on Revenues Over $2 Million, 93% of Total Sales","size":{"original":{"width":140,"height":37,"url":"https://media.zenfs.com/en/newsmediawire_165/c0f7d20c5af2baf5332470a645d8b9ba"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/kqo8CyMIZJXA1TtV2mtQQw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTU2O2NmPXdlYnA-/https://media.zenfs.com/en/newsmediawire_165/c0f7d20c5af2baf5332470a645d8b9ba","width":140,"height":37}}},{"type":"text","content":"LOS ANGELES, CA - July 2, 2025 (NEWMEDIAWIRE) - US Nuclear Corp (OTC: UCLE), is pleased to announce that the recent migration of manufacturing and production of the Optron LA Facility to its Overhoff Technology Milford, OH, facility is already bearing fruit, with Overhoff revenues increasing and profitability soaring. "Revenues and overall profitability with manufacturing largely under one facility are increasing every month, resulting in dramatically lower overhead, and renewed focus on sales growth and profitability," said Nikki Truax, Director of Operations for the combined entities. "We believe we have the potential to grow revenues over 50% over the next twelve months, with profitability as early as the 3rd or 4th quarter this year."","length":768,"tagName":"p"},{"type":"text","content":""We are also in advanced talks with a very profitable company in the irradiation space about a potential merger or acquisition by US Nuclear," said Mr. Goldstein, President of US Nuclear. "We knew that we had to streamline our operations and maximize our cash flow to be able to fully exploit potential opportunities such as this."","length":351,"tagName":"p"},{"type":"text","content":""We are also implementing an upgrade to our entire financial reporting efforts by adding key staff and implementing software integrations," said Mr. Goldstein. "After we file our Q later this month, and our stock has resumed trading, we hope to have our changes fully implemented before the 2nd quarter financials are due and hope to uplist our common stock listing."","length":387,"tagName":"p"},{"type":"text","content":""We have commenced discussions with our equity partners in Company owned investments in the nuclear fission and fusi...