Sen. Jacky Rosen (D-NV) raised $3.2 million in the fourth quarter of 2023 and heading into her 2024 re-election bid has $10.6 million in cash on hand — a record for an incumbent senator in Nevada at this point in the election cycle.

The $3.2 million figure is Rosen’s best three-month fundraising total of the cycle thus far, and keeps her campaign on pace with Sen. Catherine Cortez Masto’s (D-NV) record-setting fundraising for her 2022 re-election campaign. Cortez Masto raised $3.3 million in the final quarter of 2021 and had $10.4 million on hand at this point in 2022.

In a statement, Rosen’s campaign said it received donations from more than 19,000 first-time donors in the quarter, and that the average donation size was $27.

Details on Rosen’s specific donors and campaign spending will be released by Jan. 31, the Federal Election Commission’s campaign finance deadline for the fourth quarter.

Though Rosen’s haul thus far is record-setting, the majority of spending on Nevada’s Senate race will come from outside groups. In 2022, nearly $125 million was spent on the race by groups other than the candidates themselves, according to OpenSecrets, a nonprofit that analyzes political spending.

Rosen’s best-funded Republican challenger, Army veteran Sam Brown, announced a $1.85 million fundraising quarter earlier Monday to Fox News. Brown has raised just over $3 million since announcing his campaign.

Nevada’s Senate race is currently rated “Lean Democrat” by the Cook Political Report. The Silver State will play a crucial role in determining control of the Senate — Republicans need to flip just two seats to take control of the upper chamber, and Rosen’s seat is being targeted by the National Republican Senatorial Committee.