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US NUCLEAR CORP.

CIK: 15436232 Annual ReportsLatest: 2025-06-25

10-K / June 25, 2025

Revenue:$2,190,398
Income:-$1,739,926

10-K / May 10, 2024

Revenue:$2,231,095
Income:-$3,433,804

10-K / June 25, 2025

Company Summary: US Nuclear Corp.

Business Overview

  • Industry: Radiation detection and nuclear safety equipment
  • Main Focus: Design, manufacture, and sale of radiation detection and monitoring systems used in nuclear, medical, industrial, security, and emergency response sectors.
  • Technologies Utilized: X-ray, trace detection, millimeter-wave, infra-red, tritium detection, diagnostics.
  • Headquarters: Canoga Park, California

Products & Divisions

  • Total Offerings: Over 200 products across four divisions:
    1. Technical Associates (DBA) Technical Associates: Radiation monitors, survey meters, handheld devices.
    2. Overhoff Technology Corporation: Tritium air monitors, water monitors, and related detection equipment.
    3. Electronic Control Concepts: Test and maintenance meters for X-ray machines (medical and industrial).
    4. Cali From Above: Inspection services using unmanned aerial vehicles (UAVs) for height and hard-to-access locations.

Key Technologies & Products

  • Radiation Water Monitors: Detect radioactive materials in water environments—used by hospitals, universities, pharmaceutical firms, oil/gas, nuclear reactors.
  • Tritium Monitors: Leading manufacturer with strong market control; used in advanced reactors (CANDU, MSR, LFTR) for safety and security due to increased demand for tritium detection.
  • Air & Water Monitors: For detecting radon, gamma, neutron, and other radiation in various environments.
  • Vehicle, Personnel, Exit, and Room Monitors: For hospitals, emergency responses, border security, and airport security.
  • Port Security Equipment: Radiation scanning systems that do not emit radiation; detect radioactive materials in shipping containers.
  • UAV-based Detection: Merging drone technology with radiation sensors for large-scale contamination surveys.

Customers & Market

  • Customers include:
    • Homeland Security
    • Los Alamos National Laboratory
    • Lawrence Livermore Laboratory
    • Department of Defense
    • FBI, CIA, US Navy
    • Major corporations (Chevron, Bechtel)
    • Hospitals & medical imaging facilities
    • Universities & research institutions
    • Civil emergency departments (fire, paramedics, law enforcement)

Financial & Operational Data

  • Revenue (2024): $2,190,398
  • Revenue (2023): $2,231,095
  • Gross Profit (2024): $1,015,629 (Margin ~46.37%)
  • Net Loss (2024): $1,739,926
  • Number of Shares Outstanding (as of May 29, 2025): 59,629,204 shares
  • Number of Shareholders: 52
  • Employees: The report does not specify total employee count, but mentions key personnel:
    • Robert I. Goldstein (CEO, President, Chairman)
    • Michael Hastings (CFO/Director)
    • Other key personnel include engineering, sales, and managerial staff

Business Development & Strategic Focus

  • Focus on niche markets such as tritium detection.
  • Growing international customer base, especially in South Korea, Japan, Australia, France, Germany, and other European countries.
  • Continuing innovation in detection technologies and expanding product offerings.
  • Engaged in potential acquisitions and joint ventures to diversify and enhance market position.

Note: The company currently relies on a small, specialized customer base with some concentration. It is a smaller reporting company with a market value of approximately $2.9 million as of June 30, 2024.