The latest data point for Q4'25 shows Cash & Short-term Investments at $803M USD, reflecting a moderate recovery from the low of $565M in Q3'25, while Debt stands at $10.53B USD, down slightly from $11.22B in the prior quarter, resulting in a net debt position of approximately $9.73B USD. Over the period from Q1'23 to Q4'25, Cash & Short-term Investments exhibited strong growth from $524M to a peak of $2.81B in Q2'24, followed by volatility and a sharp decline to $584M in Q2'25 before stabilizing around $700M-$800M in the latter half of 2025. In contrast, Debt remained relatively stable, fluctuating between $9.26B and $11.58B with an overall upward trend to $10.53B by Q4'25, indicating sustained leverage that outpaces cash reserves and may pressure liquidity amid the observed cash fluctuations.