As of Q4'25, BBAI reported Cash & Short-term Investments of USD 87.13M and Debt of USD 24.33M. This marks a significant improvement in the company's liquidity position, with cash levels far exceeding debt at the latest data point. From Q1'23 to Q4'25, the chart reveals a notable upward trend in Cash & Short-term Investments, particularly with sharp increases in Q1'25 (USD 107.61M), Q2'25 (USD 390.85M), and peaking at Q3'25 (USD 586.66M) before declining to USD 87.13M in Q4'25. Debt remained relatively stable around USD 200M through 2024, but saw a marked reduction starting in Q4'24, dropping to USD 111.27M in Q1'25 and further down to USD 24.33M by Q4'25. Overall, the data indicates a strong deleveraging process and improved cash reserves over the covered period.