---
schema_version: "secwatch.filing_event.v1"
accession: "0001822966-23-000057"
form_type: "8-K"
ticker: "SMR"
cik: "0001822966"
company_name: "NUSCALE POWER Corp"
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:23:21.012758+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NuScale Q4 net loss $47.2M, FY net loss $141.6M; 2023 cash burn guided $102M-$142M

## Summary
- Q4 2022 revenue $3.4M vs $1.5M YoY; net loss $47.2M vs $28M YoY.
- Full-year 2022 revenue $11.8M, net loss $141.6M vs $102.5M in 2021.
- Cash, equivalents, short-term investments $267.7M, no debt as of Dec 31, 2022.
- 2023 expected negative operating cash flow $102M-$142M due to lower DOE appropriations, delayed payments, higher R&D.
- Secured first international customer RoPower (Romania); submitted second SDA application for 77 MWe VOYGR-6 module.

## SEC filing metadata
- accession: 0001822966-23-000057
- form_type: 8-K
- ticker: SMR
- cik: 0001822966
- company_name: NUSCALE POWER Corp
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000057/0001822966-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000057/smr-20230315.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822966-23-000057
- JSON: https://secwatch.observer/filing/0001822966-23-000057.json
- Plain text: https://secwatch.observer/filing/0001822966-23-000057.txt

## Key facts
- Earnings Releases
  NUSCALE POWER Corp reported the quarter ended December 31, 2022 results: revenue $3.4 million, net income net loss of $47.2 million.
  - Period: the quarter ended December 31, 2022
  - Revenue: $3.4 million
  - Net income: net loss of $47.2 million
  - Result: reported results
  source text: Revenue of $3.4 million and net loss of $47.2 million for the three-month period ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822966/000182296623000057/0001822966-23-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.