X-Energy, Inc. (XE) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to the X Energy First Quarter 2026 Earnings Conference Call. All participants are in a listening mode. After today's prepared remarks, there will be a question and answer session. At that time, I will provide instructions for those wishing to ask a question. Please note that this call is being recorded. I'll now turn the call over to Patricia Gill, Director of Investor Relations for X Energy. You may now begin. Thank you, and good morning, everyone. Welcome to X Energy's first quarter 2026 earnings call. X Energy completed its initial public offering and as of April 24th is listed on the NASDAQ under the ticker XE. We're excited to be with you today for our first earnings call. This morning we released first quarter 2026 financial results and operational highlights for X Energy Reactor Company, LLC, the predecessor company to X Energy Inc. Today's presentation and our earnings press release are available on the investor relations portion of X Energy's website at investors.x-energy.com. Our remarks today will include forward-looking statements, which are based on assumptions as of today and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. Our SEC filings, including our quarterly report on Form 10Q, identify certain risk factors and cautionary statements that could cause the company's actual results to differ materially from those projected in our forward-looking statements made this morning. We undertake no obligation to update any forward-looking statements except as required by law. During this call, we also present a non-GAAP financial mission. There is a reconciliation included in our investor presentation. Joining me today are Clay Sell, our CEO, and...