secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001822966-23-000093
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NuScale posts Q1 loss of $35.6M; cash at $252M; progresses toward commercialization
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- Revenue of $5.5M (up from $2.4M YoY) but net loss widened to $35.6M from $23.4M.
- Cash, cash equivalents & ST investments of $252M ($34M restricted); no debt.
- Advanced CFPP with UAMPS and RoPower FEED work; NRC SDA application in technical review.
- Ordered long-lead materials from Doosan Enerbility for first NuScale Power Modules.
- Expanded international pipeline with developments in Poland, Indonesia, Korea.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296623000093/0001822966-23-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296623000093/smr-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001822966-23-000093

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