NuScale Power Corporation (SMR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1100 NE CIRCLE BLVD., SUITE 200 CORVALLIS, OR 97330 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3443 - Fabricated Plate Work (Boiler Shops) (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 120,265 | 267,685 | 985 | 1,906 | |||
| Cash and cash equivalents | 120,265 | 217,685 | 985 | 1,906 | |||
| Short-term investments | 50,000 | ||||||
| Restricted cash and investments | 5,100 | ||||||
| Receivables | 11,199 | ||||||
| Prepaid expense | 19,054 | 5,531 | 101 | 237 | |||
| Other undisclosed current assets | 10,127 | ||||||
| Total current assets: | 154,546 | 284,415 | 1,086 | 2,143 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 2,569 | 3,870 | |||||
| Property, plant and equipment | 4,116 | 4,770 | |||||
| Intangible assets, net (including goodwill) | 9,137 | 9,314 | |||||
| Goodwill | 8,255 | 8,255 | |||||
| Intangible assets, net (excluding goodwill) | 882 | 1,059 | |||||
| Asset, held-in-trust | 232,321 | 232,302 | |||||
| Other noncurrent assets | 3,798 | 6,704 | |||||
| Other undisclosed noncurrent assets | 50,692 | 39,562 | |||||
| Total noncurrent assets: | 70,312 | 64,220 | 232,321 | 232,302 | |||
| TOTAL ASSETS: | 224,858 | 348,635 | 233,407 | 234,445 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 44,925 | 27,951 | 345 | 50 | |||
| Accounts payable | 305 | ||||||
| Accrued liabilities | 8,546 | 9,038 | 40 | 50 | |||
| Other undisclosed accounts payable and accrued liabilities | 36,379 | 18,913 | |||||
| Deferred revenue | |||||||
| Other liabilities | 1,664 | 1,568 | |||||
| Other undisclosed current liabilities | 40,869 | 9,038 | |||||
| Total current liabilities: | 87,458 | 38,557 | 345 | 50 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 3,782 | 6,428 | |||||
| Accounts payable and accrued liabilities | |||||||
| Deferred revenue | 898 | 856 | |||||
| Other liabilities | 1,442 | 2,786 | |||||
| Operating lease, liability | 1,442 | 2,786 | |||||
| Other undisclosed noncurrent liabilities | 4,280 | 26,563 | 37,199 | 41,710 | |||
| Total noncurrent liabilities: | 8,062 | 32,991 | 37,199 | 41,710 | |||
| Total liabilities: | 95,520 | 71,548 | 37,544 | 41,760 | |||
| Temporary equity, carrying amount | 232,300 | 232,300 | |||||
| Equity | |||||||
| Equity, attributable to parent, including: | 93,457 | 114,679 | (36,437) | (39,615) | |||
| Additional paid in capital | 333,888 | 296,748 | |||||
| Accumulated deficit | (240,454) | (182,092) | (36,437) | (39,615) | |||
| Other undisclosed equity, attributable to parent | 23 | 23 | 1 | 1 | |||
| Equity, attributable to noncontrolling interest | 35,881 | 162,408 | |||||
| Total equity: | 129,338 | 277,087 | (36,437) | (39,615) | |||
| TOTAL LIABILITIES AND EQUITY: | 224,858 | 348,635 | 233,407 | 234,445 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Revenues | 22,810 | 11,804 | ||||
| Revenue from related parties | ✕ | ✕ | 8,550 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (18,961) | (7,317) | ||||
| Gross profit: | 3,849 | 4,487 | ||||
| Operating expenses | (221,454) | (186,473) | (1,327) | |||
| Other operating expense, net (Other Expenses) | (57,960) | (48,009) | ||||
| Operating loss: | (275,565) | (229,995) | (1,327) | |||
| Nonoperating income (Investment Income, Nonoperating) | 19 | |||||
| Loss from continuing operations before equity method investments, income taxes: | (275,565) | (229,995) | (1,308) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 95,450 | 88,422 | ||||
| Loss from continuing operations before income taxes: | (180,115) | (141,573) | (1,308) | |||
| Income tax expense | ||||||
| Loss from continuing operations: | (180,115) | (141,573) | (1,308) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (1,308) | ✕ | |
| Other undisclosed net income | 4,511 | |||||
| Net income (loss): | (180,115) | (141,573) | 3,203 | |||
| Net income attributable to noncontrolling interest | 121,753 | 84,504 | ||||
| Other undisclosed net income attributable to parent | 31,155 | |||||
| Net income (loss) available to common stockholders, diluted: | (58,362) | (25,914) | 3,203 | |||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (180,115) | (141,573) | 3,203 | |||
| Comprehensive income (loss): | (180,115) | (141,573) | 3,203 | |||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 121,753 | 84,504 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (58,362) | (57,069) | 3,203 | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.