NuScale(SMR) - 2024 Q1 - Earnings Call Transcript

Mark, when we announced our cost savings plan in January, we did mention a savings of $50 million to $60 million on an annualized basis. Our cash from operations for this quarter was about negative $33.5 million. I anticipate that our cash burn on ongoing basis will be sub $10 million. We took a number of one-time charges during the first quarter. I think you're about in the ballpark if you're thinking 20% or low 20% as a quarterly cash burn rate just based on where we stand today. I'm talking about cash fl ...