As of Q1'26, RKLB's cash and short-term investments reached $1.38B USD, marking a substantial increase from the prior quarter and reflecting strong liquidity growth. In contrast, debt stood at $137M USD, showing a significant reduction from $254M USD in Q4'25, resulting in a healthy net cash position of approximately $1.25B USD. From Q2'23 to Q1'26, cash levels exhibited volatility, declining from $341M USD to a low of $245M USD in Q4'23 before surging to $1.38B USD, driven by notable jumps in Q1'24 ($493M USD) and Q2'25 onward, indicating improved funding and operational cash flows. Debt remained relatively stable around $160M-$500M USD through Q3'25 but dropped sharply to $137M USD by Q1'26, enhancing the company's balance sheet resilience amid expansion in the aerospace sector. Overall, the trend underscores a shift toward robust net liquidity, with cash growth outpacing any prior debt fluctuations.