secwatch.observer — SEC 8-K summary
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Issuer:     NUSCALE POWER Corp (SMR)
CIK:        0001822966
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001822966-25-000086
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NuScale Q1: Revenue $13.4M (up 857% YoY); operating loss $35.3M; cash $521.4M
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- Revenue increased $12.0M to $13.4M from $1.4M YoY, driven by RoPower FEED Phase 2 work and Technology License Agreement.
- Loss from operations narrowed to $35.3M from $44.0M; operating expenses down $2.3M to $42.3M.
- Cash and short-term investments $521.4M at quarter-end; raised $102.4M gross via 4.5M share ATM offering.
- NRC design approval for 77 MWe design on track for July 2025; 12 modules in manufacturing, targeting 2030 delivery.
- Advanced discussions continue with hyperscalers, utilities, and governments for commercial deployment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822966/000182296625000086/0001822966-25-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822966/000182296625000086/smr-20250512.htm
  HTML page:      https://secwatch.observer/filing/0001822966-25-000086

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