As of Q1'26, RGTI's cash and short-term investments stood at $48.1M, marking a sharp decline from the previous quarter's $443.5M, while debt decreased to $6.8M from $7.2M, resulting in a net cash position of $41.3M. Over the period from Q2'23 to Q1'26, cash levels showed initial stability around $100M through Q2'24, followed by a dip to $92.6M in Q3'24, then a robust upward trend peaking at $446.9M in Q3'25 before the abrupt drop in Q1'26; debt exhibited a consistent downward trajectory from $36.4M to $6.8M, enhancing liquidity with net cash improving from $69.1M to a high of $439.7M in Q4'25, though the latest decline raises concerns about potential cash burn or outflows.