NuScale posts Q4 operating loss $11.9M, rev $34.2M; cash rises to $446.7M on warrant proceeds

NUSCALE POWER Corp

Cash, equivalents & investments $446.7M at Dec 31, up from $161.7M Q3; $227.7M from warrant exercises (Q4 $205.3M).
Q4 revenue $34.2M vs $4.6M YoY; full-year revenue $37.0M vs $22.8M in 2023.
Operating loss narrowed to $11.9M Q4 from $71.1M, driven by reduced expenses ($43.0M vs $71.8M).
Net loss $180.3M Q4 includes $170.0M non-cash warrant fair-value expense; full-year net loss $348.4M.
NRC standard design approval on track for mid-2025; Doosan forging long-lead materials for 12 modules; data center/AI dialogues advanced.

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