secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0001822966-25-000026
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296625000026/0001822966-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296625000026/smr-20250303.htm
  HTML page:      https://secwatch.observer/filing/0001822966-25-000026

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