As of Q1'26, OKLO's cash and short-term investments reached $2.21B USD, marking a substantial increase from the prior quarter and reflecting strong liquidity growth. In contrast, debt stood at $2.62M USD, remaining negligible relative to cash reserves and indicating minimal leverage at this point. Over the period from Q2'23 to Q1'26, cash and short-term investments exhibited explosive growth, surging from $840K USD to $2.21B USD, with notable acceleration starting in Q1'24 (reaching $38M USD) and peaking in Q4'25 at $1.23B USD before a final quarterly rise. Debt levels were volatile but low overall, starting at $0 USD, peaking at $73M USD in Q1'24, and then declining sharply to under $2M USD by Q1'25, stabilizing around $1-2M USD thereafter, underscoring a healthy balance sheet with cash far outpacing liabilities. This trend highlights OKLO's improving financial position, driven by apparent capital inflows, while debt management has effectively minimized obligations.