10-Q Filing

NUSCALE POWER CORP CIK: 1822966 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001822966-23-000260`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	smr-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 61 Income Statement 80 Cash Flow Statement 78 Stockholders Equity 57

Balance Sheet 61 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	332.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$217.69M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$50.00M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.53M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$21.49M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$20.19M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$11.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$159.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$284.42M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.63M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.77M	USD	Point-in-time
In-process research and development	`InProcessResearchAndDevelopment`	$16.90M	USD	Point-in-time
In-process research and development	`InProcessResearchAndDevelopment`	$16.90M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$926.00K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.06M	USD	Point-in-time
Goodwill	`Goodwill`	$8.26M	USD	Point-in-time
Goodwill	`Goodwill`	$8.26M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$79.16M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$26.53M	USD	Point-in-time
Long-lead material work in process	`InventoryWorkInProcessNoncurrent`	$30.77M	USD	Point-in-time
Long-lead material work in process	`InventoryWorkInProcessNoncurrent`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.73M	USD	Point-in-time
Total assets	`Assets`	$348.63M	USD	Point-in-time
Total assets	`Assets`	$308.53M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$27.95M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$35.88M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$9.59M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$9.04M	USD	Point-in-time
CFPP liability	`InventoryWorkInProcessAccruedLiabilityCurrent`	$34.50M	USD	Point-in-time
CFPP liability	`InventoryWorkInProcessAccruedLiabilityCurrent`	-	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$1.51M	USD	Point-in-time
Other accrued liabilities	`OtherLiabilitiesCurrent`	$1.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$81.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$38.56M	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$12.18M	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$29.35M	USD	Point-in-time
Noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.83M	USD	Point-in-time
Noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.79M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$33.38M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityNoncurrent`	$856.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$128.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$71.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$327.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$296.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-221.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-182.09M	USD	Point-in-time
Total Stockholders Equity Excluding Noncontrolling Interests	`StockholdersEquity`	$114.68M	USD	Point-in-time
Total Stockholders Equity Excluding Noncontrolling Interests	`StockholdersEquity`	$105.92M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$73.73M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$162.41M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$224.20M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$179.65M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$277.09M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.26M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$331.74M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$319.49M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$308.53M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$348.63M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.95M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.37M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$18.25M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.17M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$15.12M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.75M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$5.94M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.69M	USD	3 Qtrs
Gross margin	`GrossProfit`	$1.01M	USD	1 Quarter
Gross margin	`GrossProfit`	$3.67M	USD	3 Qtrs
Gross margin	`GrossProfit`	$3.13M	USD	3 Qtrs
Gross margin	`GrossProfit`	$1.42M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$118.23M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$63.73M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$89.67M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$35.30M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$38.97M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$47.42M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.40M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.48M	USD	1 Quarter
Other expenses	`OtherExpenses`	$15.73M	USD	1 Quarter
Other expenses	`OtherExpenses`	$37.64M	USD	3 Qtrs
Other expenses	`OtherExpenses`	$41.99M	USD	3 Qtrs
Other expenses	`OtherExpenses`	$13.80M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-204.51M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-162.61M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-66.10M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-92.92M	USD	1 Quarter
Sponsored cost share	`DepartmentOfEnergyCostShare`	$18.42M	USD	1 Quarter
Sponsored cost share	`DepartmentOfEnergyCostShare`	$64.17M	USD	3 Qtrs
Sponsored cost share	`DepartmentOfEnergyCostShare`	$54.98M	USD	3 Qtrs
Sponsored cost share	`DepartmentOfEnergyCostShare`	$20.77M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-11.08M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-17.17M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$2.83M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-3.29M	USD	3 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$2.74M	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$880.00K	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$8.69M	USD	3 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$772.00K	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-123.67M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-49.63M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-94.38M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-58.33M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`ProfitLoss`	$-94.38M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-58.33M	USD	1 Quarter
Net loss	`ProfitLoss`	$-49.63M	USD	1 Quarter
Net loss	`ProfitLoss`	$-123.67M	USD	3 Qtrs
Net loss attributable to legacy NuScale LLC holders prior to Transaction	`NetIncomeLossAttributableToLegacyShareholdersPriorToReverseRecapitalization`	-	USD	3 Qtrs
Net loss attributable to legacy NuScale LLC holders prior to Transaction	`NetIncomeLossAttributableToLegacyShareholdersPriorToReverseRecapitalization`	$-31.16M	USD	3 Qtrs
Net loss attributable to legacy NuScale LLC holders prior to Transaction	`NetIncomeLossAttributableToLegacyShareholdersPriorToReverseRecapitalization`	-	USD	1 Quarter
Net loss attributable to legacy NuScale LLC holders prior to Transaction	`NetIncomeLossAttributableToLegacyShareholdersPriorToReverseRecapitalization`	-	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-49.93M	USD	3 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-39.21M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-84.06M	USD	3 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-38.92M	USD	1 Quarter
Net Loss Attributable to Class A Common Stockholders	`NetIncomeLoss`	$-10.71M	USD	1 Quarter
Net Loss Attributable to Class A Common Stockholders	`NetIncomeLoss`	$-39.61M	USD	3 Qtrs
Net Loss Attributable to Class A Common Stockholders	`NetIncomeLoss`	$-13.30M	USD	3 Qtrs
Net Loss Attributable to Class A Common Stockholders	`NetIncomeLoss`	$-19.12M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.23	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.55	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$-0.30	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$-0.26	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.26	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.55	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.23	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.30	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	74.84M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.24M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.09M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.42M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.09M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.84M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.42M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.24M	shares	3 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-94.38M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-58.33M	USD	1 Quarter
Net loss	`ProfitLoss`	$-49.63M	USD	1 Quarter
Net loss	`ProfitLoss`	$-123.67M	USD	3 Qtrs
Depreciation	`Depreciation`	$1.88M	USD	3 Qtrs
Depreciation	`Depreciation`	$1.81M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$133.00K	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$133.00K	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$12.10M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$5.72M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-11.08M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-17.17M	USD	3 Qtrs
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$2.83M	USD	1 Quarter
Change in fair value of warrant liabilities	`FairValueAdjustmentOfWarrants`	$-3.29M	USD	3 Qtrs
Net noncash change in right of use assets and lease liabilities	`NetNoncashChangeInRightOfUseAssetsAndLeaseLiabilities`	$9.33M	USD	3 Qtrs
Net noncash change in right of use assets and lease liabilities	`NetNoncashChangeInRightOfUseAssetsAndLeaseLiabilities`	$-230.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.38M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.79M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.99M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$17.98M	USD	3 Qtrs
Long-lead material work in process	`LongTermContractWorkInProcess`	-	USD	3 Qtrs
Long-lead material work in process	`LongTermContractWorkInProcess`	$-30.77M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.70M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.83M	USD	3 Qtrs
CFPP liability	`IncreaseDecreaseInInventoryWorkInProcessAccruedLiabilities`	-	USD	3 Qtrs
CFPP liability	`IncreaseDecreaseInInventoryWorkInProcessAccruedLiabilities`	$34.50M	USD	3 Qtrs
Lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.27M	USD	3 Qtrs
Lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.29M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-284.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$32.52M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.50M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$550.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-110.04M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-104.73M	USD	3 Qtrs
Sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$50.00M	USD	3 Qtrs
Sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	-	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	-	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$50.00M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.74M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.67M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.74M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$48.33M	USD	3 Qtrs
Proceeds from the issuance of common stock, net of issuance fees	`ProceedsFromIssuanceOfCommonStockNetOfIssuanceFees`	$7.87M	USD	3 Qtrs
Proceeds from the issuance of common stock, net of issuance fees	`ProceedsFromIssuanceOfCommonStockNetOfIssuanceFees`	-	USD	3 Qtrs
Proceeds from exercise of warrants and common share options	`ProceedsFromExerciseOfWarrantsAndCommonShareOptions`	$6.27M	USD	3 Qtrs
Proceeds from exercise of warrants and common share options	`ProceedsFromExerciseOfWarrantsAndCommonShareOptions`	$27.52M	USD	3 Qtrs
Proceeds from Transaction, net	`ProceedsFromReverseRecapitalizationNet`	$341.46M	USD	3 Qtrs
Proceeds from Transaction, net	`ProceedsFromReverseRecapitalizationNet`	-	USD	3 Qtrs
Payments of Transaction costs	`PaymentsOfReverseRecapitalizationCosts`	$2.40M	USD	3 Qtrs
Payments of Transaction costs	`PaymentsOfReverseRecapitalizationCosts`	-	USD	3 Qtrs
Proceeds from exercise of common unit options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from exercise of common unit options	`ProceedsFromStockOptionsExercised`	$847.00K	USD	3 Qtrs
Repurchase of common units	`PaymentsForRepurchaseOfCommonStock`	$566.00K	USD	3 Qtrs
Repurchase of common units	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Issuance of treasury units	`ProceedsFromSaleOfTreasuryStock`	-	USD	3 Qtrs
Issuance of treasury units	`ProceedsFromSaleOfTreasuryStock`	$20.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.13M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$366.89M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$210.41M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-47.58M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$244.22M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.51M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.09M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.63M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$244.22M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.51M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.09M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.63M	USD	Point-in-time
Assumption of Transaction warrant liabilities	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	-	USD	3 Qtrs
Assumption of Transaction warrant liabilities	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$47.53M	USD	3 Qtrs
Debt converted to equity	`DebtConversionConvertedInstrumentAmount1`	-	USD	3 Qtrs
Debt converted to equity	`DebtConversionConvertedInstrumentAmount1`	$14.18M	USD	3 Qtrs
Warrants converted into equity	`StockIssued1`	-	USD	3 Qtrs
Warrants converted into equity	`StockIssued1`	$6.27M	USD	3 Qtrs
Conversion of equity options to liability award	`ConversionOfEquityOptionsToLiabilityAward`	$50.00K	USD	3 Qtrs
Conversion of equity options to liability award	`ConversionOfEquityOptionsToLiabilityAward`	-	USD	3 Qtrs
Plant, property and equipment in accounts payable	`PlantPropertyAndEquipmentInAccountsPayable`	-	USD	3 Qtrs
Plant, property and equipment in accounts payable	`PlantPropertyAndEquipmentInAccountsPayable`	$149.00K	USD	3 Qtrs

Stockholders Equity 57 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	6.00M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.14M	USD	Point-in-time
Reverse recapitalization, net (in shares)	`TemporaryEquityReverseRecapitalizationNetShares`	6.00M	shares	3 Qtrs
Reverse recapitalization, net	`TemporaryEquityReverseRecapitalizationNet`	$2.14M	USD	3 Qtrs
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	6.00M	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.14M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$224.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$179.65M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$277.09M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.26M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$331.74M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$319.49M	USD	Point-in-time
Exercise of common unit options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$847.00K	USD	3 Qtrs
Repurchase of common units	`StockRepurchasedDuringPeriodValue`	$566.00K	USD	3 Qtrs
Issuance of treasury units	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$20.00K	USD	3 Qtrs
Conversion of equity award to liability award	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-50.00K	USD	3 Qtrs
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$4.01M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$12.10M	USD	3 Qtrs
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.58M	USD	1 Quarter
Equity-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$5.72M	USD	3 Qtrs
Reverse recapitalization, net	`ReverseRecapitalizationNet`	$307.85M	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$7.87M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$7.87M	USD	3 Qtrs
Exercise of common share options and warrants and vested RSUs	`StockIssuedDuringPeriodValueExerciseOfCommonShareOptionsAndWarrants`	$33.79M	USD	1 Quarter
Exercise of common share options and warrants and vested RSUs	`StockIssuedDuringPeriodValueExerciseOfCommonShareOptionsAndWarrants`	$33.79M	USD	3 Qtrs
Exercise of common share options and warrants and vested RSUs	`StockIssuedDuringPeriodValueExerciseOfCommonShareOptionsAndWarrants`	$1.90M	USD	1 Quarter
Exercise of common share options and warrants and vested RSUs	`StockIssuedDuringPeriodValueExerciseOfCommonShareOptionsAndWarrants`	$6.27M	USD	3 Qtrs
Issuance of earn-out shares upon triggering event	`StockIssuedDuringPeriodEarnoutUponTriggeringEventValue`	-	USD	3 Qtrs
Issuance of earn-out shares upon triggering event	`StockIssuedDuringPeriodEarnoutUponTriggeringEventValue`	-	USD	1 Quarter
Conversion of combined interests into Class A common stock	`NoncontrollingInterestConversionOfCombinedInterestsIntoClassACommonStockValue`	-	USD	3 Qtrs
Conversion of combined interests into Class A common stock	`NoncontrollingInterestConversionOfCombinedInterestsIntoClassACommonStockValue`	-	USD	1 Quarter
Conversion of combined interests into Class A common stock	`NoncontrollingInterestConversionOfCombinedInterestsIntoClassACommonStockValue`	-	USD	3 Qtrs
Conversion of combined interests into Class A common stock	`NoncontrollingInterestConversionOfCombinedInterestsIntoClassACommonStockValue`	-	USD	1 Quarter
Rebalancing of ownership percentage for conversion of combined interest into Class A shares	`RebalancingOfOwnershipPercentageForConversionOfCombinedInterestIntoClassAShares`	-	USD	3 Qtrs
Rebalancing of ownership percentage for conversion of combined interest into Class A shares	`RebalancingOfOwnershipPercentageForConversionOfCombinedInterestIntoClassAShares`	-	USD	3 Qtrs
Rebalancing of ownership percentage for conversion of combined interest into Class A shares	`RebalancingOfOwnershipPercentageForConversionOfCombinedInterestIntoClassAShares`	-	USD	1 Quarter
Rebalancing of ownership percentage for conversion of combined interest into Class A shares	`RebalancingOfOwnershipPercentageForConversionOfCombinedInterestIntoClassAShares`	-	USD	1 Quarter
Net loss	`ProfitLoss`	$-94.38M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-58.33M	USD	1 Quarter
Net loss	`ProfitLoss`	$-49.63M	USD	1 Quarter
Net loss	`ProfitLoss`	$-123.67M	USD	3 Qtrs
Net loss attributable to legacy NuScale prior to Transaction	`NetIncomeLossAttributableToLegacyShareholdersPriorToReverseRecapitalization`	-	USD	3 Qtrs
Net loss attributable to legacy NuScale prior to Transaction	`NetIncomeLossAttributableToLegacyShareholdersPriorToReverseRecapitalization`	$-31.16M	USD	3 Qtrs
Net loss attributable to legacy NuScale prior to Transaction	`NetIncomeLossAttributableToLegacyShareholdersPriorToReverseRecapitalization`	-	USD	1 Quarter
Net loss attributable to legacy NuScale prior to Transaction	`NetIncomeLossAttributableToLegacyShareholdersPriorToReverseRecapitalization`	-	USD	1 Quarter
Net loss after the Transaction	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestAfterReverseRecapitalization`	$-49.63M	USD	1 Quarter
Net loss after the Transaction	`NetIncomeLossIncludingPortionAttributableToNoncontrollingInterestAfterReverseRecapitalization`	$-63.23M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$224.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$179.65M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$277.09M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$66.26M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$331.74M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$319.49M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.