As of Q4'25, SMR reports cash and short-term investments totaling USD 1.25B, with no outstanding debt. This marks a substantial increase in liquidity compared to previous quarters, highlighting a strong cash position at the latest data point. Over the period from Q1'23 to Q4'25, SMR’s cash and short-term investments initially declined from USD 218M to a low of USD 117M in Q3'23, before rebounding sharply from Q4'24 onward. The most significant growth occurred in 2025, with cash levels rising from USD 441M in Q4'24 to USD 1.25B by Q4'25. Throughout the entire period, the company maintained a debt-free balance sheet, indicating a conservative capital structure and enhanced financial flexibility.