Quarterly report pursuant to Section 13 or 15(d)

Investment in Joint Venture (Investee Losses in Excess of Investment) (Tables)

v3.19.3
Investment in Joint Venture (Investee Losses in Excess of Investment) (Tables)
9 Months Ended
Sep. 30, 2019
Investment in Joint Venture (Investee Losses in Excess of Investment) (Tables)  
Equity method investment

 

Investment Name

 

Ownership

Interest

 

Carrying

Amount

 

Enfission, LLC

 

50

%

 

Total contributions

 

$

9.1

 

Less: Share of the loss in investment in Enfission

 

(9.6

)

Total - Equity Method Investment

 

$

(0.5

)

 

Summarized financial information for investee

 

 

September 30,

2019

 

December 31,

2018

 

Assets

 

Cash

 

$

1.2

 

$

0.7

 

Other current assets

 

0.1

 

0.7

 

Total assets

 

$

1.3

 

$

1.4

 

Liabilities and equity

 

Total liabilities

 

$

2.3

 

$

1.9

 

Equity

 

(1.0

)

 

(0.5

)

Total liabilities and equity

 

$

1.3

 

$

1.4

 

 

 

For the Nine

Months Ended September 30,

2019

 

For the period

 from January

24, 2018 (Date of Inception) to September

30, 2018

 

Net sales and revenue

 

$

0.0

 

$

0.0

 

Research and development costs

 

4.4

 

3.7

 

Administrative expenses

 

1.0

 

0.8

 

Total Operating Loss

 

$

5.4

 

$

4.5

 

Loss from operations

 

$

5.4

 

$

4.5

 

Net loss

 

$

5.4

 

$

4.5