US Nuclear Corp Announces Audit Firm Change and Significant Debt Reduction

US Nuclear Corp (OTC: UCLE) has replaced its audit firm Fruci & Associates II, PLLC with Simon & Edwards LLP effective October 29, 2025. The company simultaneously announced a substantial reduction in third quarter debt approaching $800,000, representing significant progress in its financial restructuring efforts. These changes come as the company works to strengthen its balance sheet and improve operational efficiency across its business units.

Nikki Truax, Director of Operations of Overhoff Technology, the company's primary manufacturing and sales operation, emphasized the ongoing efforts to streamline operations while expanding the sales team. The company is actively seeking to hire an experienced VP of Sales along with additional sales representatives and distributors to support its growing customer base. This expansion in sales capacity coincides with aggressive cost-cutting measures targeting a 20-30% reduction in overall expenses by the end of December.

The financial improvements reflect the company's broader strategy to position itself for sustained profitability. Mrs. Truax confirmed that the company anticipates profitable third quarter results and expects a profitable year ahead, building on the momentum generated by the debt reduction and operational restructuring. The audit firm transition to Simon & Edwards LLP represents another step in the company's commitment to financial transparency and corporate governance standards.

These developments occur within the context of US Nuclear Corp's ongoing efforts to optimize its financial position while expanding its market presence. The combination of debt reduction, expense management, and sales team expansion suggests a comprehensive approach to improving both short-term financial performance and long-term growth prospects. The company's focus on strengthening its balance sheet while maintaining operational capabilities indicates a balanced strategy addressing both immediate financial challenges and future business opportunities.