On March 16, 2026, Radnostix, Inc. (formerly International Isotopes, Inc.) announced the mutual termination of an Asset Purchase Agreement (APA) with American Fuel Resources, LLC (AFR) that was originally dated February 8, 2024. The APA involved the sale of the company's depleted uranium deconversion and fluorine extraction plant (DUF6 Plant) and specified certain liabilities associated with the assets. The termination occurred on March 11, 2026, following a request from AFR for a one-year extension to finalize the purchase due to their inability to meet the payment deadline of March 31, 2026. Despite being in the final stages of the U.S. Nuclear Regulatory Commission (NRC) consent process, both parties agreed to withdraw the application and terminate the agreement. Radnostix indicated that it was in the best interest of its shareholders to regain control of the assets, which they believe have appreciated in value since the APA was signed. The company will now evaluate all possible options for the DUF6 Plant and related assets. The termination of the APA means that Radnostix will not receive the anticipated financial benefits from the sale, including the balance of the purchase price and any gains from the asset sale. This decision is expected to have a small negative impact on the company's liquidity and operational execution, as previously disclosed expectations regarding cash flow and asset management will not materialize. The company had previously reported on the expected impacts of the APA in its Quarterly Report on Form 10-Q for the quarter ending September 30, 2025. With the termination, Radnostix will not recognize any gains or use proceeds to repay long-term notes, affecting its financial flexibility moving forward.

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