secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001822966-23-000057
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296623000057/0001822966-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296623000057/smr-20230315.htm
  HTML page:      https://secwatch.observer/filing/0001822966-23-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer