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FAQ: US Nuclear Corp Audit Firm Change and Financial Updates
TL;DR
US Nuclear Corp's audit firm change and cost-cutting strategy positions the company for stronger financial performance and competitive advantage in the nuclear sector.
US Nuclear Corp replaced Fruci & Associates with Simon & Edwards LLP as auditors while implementing a systematic 20-30% expense reduction plan through December.
US Nuclear Corp's financial improvements and growing customer base contribute to stable employment opportunities and strengthened corporate responsibility in the energy sector.
US Nuclear Corp anticipates profitable quarterly results while actively recruiting sales staff and maintaining operations through their Overhoff Technology manufacturing division.
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US Nuclear Corp has replaced its audit firm from Fruci & Associates II, PLLC to Simon & Edwards LLP, effective October 29, 2025, while also reporting a debt reduction of close to $800,000 in the third quarter.
The change to Simon & Edwards LLP as the new audit firm became effective on October 29, 2025.
The company reduced its third quarter debt by close to $800,000 and anticipates profitable third quarter results and a profitable year ahead.
The company is working to cut overall expenses by an additional 20-30% by the end of December while continuing to reduce debt and strengthen the balance sheet.
US Nuclear Corp is actively looking to add an experienced VP of Sales, along with Sales Reps and Distributors to help service their growing customer list.
Nikki Truax, Director of Operations of Overhoff Technology (the main Manufacturing and Sales Operation), provided the operational and financial updates.
For US Nuclear sales and product information, call Bob Goldstein at (818) 472-7071; for Overhoff call Ian Embry at (513) 248-2400, or Nikki Truax at (503) 646-5446.
Investors should call Jack Lennon at Chamberlain Capital (508) 360-8407 or email jjlennon@comcast.net for investor information.
The company anticipates third quarter results to be profitable and is looking for a profitable year ahead, while continuing to reduce expenses and strengthen the balance sheet.
Curated from NewMediaWire
