US Nuclear Corp Announces Audit Firm Change and Significant Debt Reduction

US Nuclear Corp (OTC: UCLE) has implemented significant corporate changes by replacing its audit firm while achieving substantial debt reduction during the third quarter. The company announced the replacement of Fruci & Associates II, PLLC with Simon & Edwards LLP, effective October 29, 2025. This strategic move comes alongside financial improvements that position the company for future growth and stability.

The audit firm transition represents a key governance decision for the nuclear technology company, signaling potential enhancements in financial reporting and corporate oversight. Such changes often reflect a company's commitment to strengthening internal controls and maintaining transparency with investors and regulatory bodies. The timing of this transition coincides with the company's broader financial restructuring efforts.

Nikki Truax, Director of Operations of Overhoff Technology, the company's main manufacturing and sales operation, emphasized the ongoing cost reduction initiatives. "We are still working to cut our overall expenses by an additional 20-30% by the end of December, while continuing to reduce debt and strengthen the Balance Sheet," said Mrs. Truax. These aggressive cost-cutting measures demonstrate the company's focused approach to financial management and operational efficiency.

The company reported reducing its third-quarter debt by close to $800,000, a significant achievement that improves the company's financial health and reduces interest expenses. This debt reduction, combined with the projected expense cuts, positions US Nuclear Corp for improved cash flow and potentially enhanced shareholder value. The company's balance sheet strengthening efforts come at a time when many businesses face economic challenges.

US Nuclear Corp anticipates profitable third-quarter results and projects a profitable year ahead, according to company statements. This positive financial outlook suggests the company's strategic initiatives are yielding tangible results. The combination of debt reduction, expense management, and anticipated profitability indicates a comprehensive turnaround strategy that could have meaningful implications for the company's market position and investor confidence.

Concurrent with these financial improvements, the company is expanding its sales capabilities. "We are actively looking to add an experienced VP of Sales, along with Sales Reps and Distributors to help service our growing customer list," stated Mrs. Truax. This expansion of the sales team suggests increasing demand for the company's products and services, potentially driving future revenue growth. The hiring initiative reflects confidence in market opportunities and the company's competitive positioning within the nuclear technology sector.

The implications of these announcements extend beyond immediate financial metrics. The audit firm change, combined with substantial debt reduction and projected profitability, may enhance the company's credibility with investors and business partners. For the nuclear industry specifically, these developments could signal improved stability and growth potential within the sector, particularly for companies focused on technological innovation and manufacturing.

For investors and industry observers, these corporate developments represent a multi-faceted approach to business improvement. The simultaneous focus on financial management, operational efficiency, and sales expansion suggests a comprehensive strategy aimed at long-term sustainability and growth. The company's progress in reducing debt while maintaining growth initiatives provides a model for other businesses navigating challenging economic conditions.