Annual report pursuant to Section 13 and 15(d)

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

v3.19.1
Investment in Joint Venture (Investee Losses in Excess of Investment) (Tables)
12 Months Ended
Dec. 31, 2018
Investment In Joint Venture Investee Losses In Excess Of Investment  
Equity method investment
Investment Name  

Ownership

Interest

   

Carrying

Amount

 
Enfission, LLC     50 %      
Total contributions           $ 5.6  
Less: Share of the loss in investment in Enfission             (5.8 )
Equity losses in excess of investment           $ (0.2 )
Summarized financial information for investee

Summarized balance sheet information for the Company’s equity method investee Enfission as of December 31, 2018 is presented in the following table (rounded in millions):

 

Current assets      
Cash   $ 0.7  
Other current assets     0.7  
Total assets   $ 1.4  
Current liabilities   $ 1.9  
Total liabilities   $ 1.9  

 

Summarized income statement information for the Company’s equity method investee Enfission is presented in the following table for the year ended December 31, 2018 (rounded in millions):

 

Net sales and revenue   $ 0.0  
Research and development costs     6.6  
Administrative expenses     1.1  
Total operating loss   $ 7.7  
Loss from operations   $ 7.7  
Net loss   $ 7.7