Financial Statements — ACRS
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.05 | 0.02 | 0.04 | 0.04 | 0.03 | 0.04 | 0.06 | 0.07 | 0.04 | 0.05 | 0.11 | 0.04 |
| Accounts Receivable | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 0.10 | 0.11 | 0.10 | 0.10 | 0.11 | 0.13 | 0.12 | 0.14 | 0.12 | 0.13 | 0.18 | 0.26 | 0.26 | 0.19 | 0.21 | 0.24 | 0.13 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-current Assets* | 0.08 | 0.09 | 0.07 | 0.08 | 0.09 | 0.05 | 0.04 | 0.04 | 0.10 | 0.10 | 0.05 | 0.01 | 0.02 | 0.04 | 0.06 | 0.05 | 0.03 |
| Total Assets | 0.18 | 0.20 | 0.18 | 0.19 | 0.20 | 0.18 | 0.16 | 0.17 | 0.22 | 0.24 | 0.23 | 0.27 | 0.28 | 0.23 | 0.26 | 0.29 | 0.16 |
| Accounts Payable | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 |
| Total Current Liabilities | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 |
| Total Non-current Liabilities* | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 |
| Total Liabilities | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.03 | 0.03 | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 |
| Retained Earnings | (1.01) | (0.99) | (0.95) | (0.93) | (0.92) | (0.81) | (0.80) | (0.79) | (0.77) | (0.74) | (0.71) | (0.65) | (0.63) | (0.61) | (0.57) | (0.55) | (0.53) |
| Total Stockholder Equity | 0.12 | 0.14 | 0.12 | 0.13 | 0.14 | 0.13 | 0.13 | 0.14 | 0.16 | 0.18 | 0.18 | 0.22 | 0.24 | 0.18 | 0.22 | 0.23 | 0.11 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 1.63 | 2.00 | 1.30 | 3.30 | 1.78 | 1.46 | 9.21 | 4.35 | 2.77 | 2.40 | 17.57 | 9.28 | 1.87 | 2.53 | 7.75 | 19.02 | 1.53 | 1.45 | 1.50 | 1.66 |
| Cost of Revenue | 0.22 | 0.40 | 0.53 | 0.54 | 0.52 | 0.51 | 0.71 | 0.65 | 0.62 | 0.81 | 0.73 | 0.85 | 1.04 | 0.81 | 0.88 | 0.92 | 1.07 | 1.16 | 1.15 | 1.10 |
| Gross Profit | 1.41 | 1.60 | 0.76 | 2.76 | 1.26 | 0.95 | 8.51 | 3.69 | 2.14 | 1.59 | 16.85 | 8.43 | 0.83 | 1.72 | 6.88 | 18.10 | 0.46 | 0.30 | 0.35 | 0.56 |
| Research & Development | 18.07 | 15.66 | 16.58 | 13.03 | 11.45 | 11.58 | 9.03 | 5.96 | 8.76 | 9.85 | 26.65 | 23.88 | 25.28 | 22.59 | 21.07 | 23.66 | 18.78 | 14.31 | 14.10 | 13.98 |
| Selling, General & Admin | 6.05 | 6.74 | 5.58 | 4.87 | 5.39 | 6.14 | 4.95 | 5.65 | 4.75 | 6.84 | 8.21 | 7.09 | 8.32 | 8.79 | 7.15 | 5.81 | 6.08 | 6.10 | 6.94 | 5.98 |
| Total Operating Expenses | 25.65 | 23.79 | 23.50 | 19.91 | 19.67 | 19.03 | 108.18 | 14.16 | 15.00 | 20.52 | 20.89 | 40.01 | 32.64 | 31.64 | 35.96 | 38.97 | 21.45 | 19.20 | 23.25 | 20.86 |
| Operating Income | (24.24) | (22.19) | (22.73) | (17.15) | (18.41) | (18.08) | (99.68) | (10.47) | (12.85) | (18.93) | (4.05) | (31.58) | (31.81) | (29.92) | (29.08) | (20.87) | (20.99) | (18.91) | (22.89) | (20.30) |
| Pretax Income | -- | -- | (19.80) | (14.61) | (15.43) | (15.08) | (96.55) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (21.50) | (19.82) | (19.80) | (14.61) | (15.43) | (15.08) | (96.55) | (7.59) | (10.99) | (16.94) | (1.49) | (29.26) | (29.57) | (28.16) | (27.63) | (19.95) | (20.53) | (18.79) | (22.80) | (21.15) |
| Basic EPS | (0.15) | (0.15) | (0.16) | (0.12) | (0.13) | (0.12) | (1.21) | (0.11) | (0.15) | (0.24) | (0.02) | (0.41) | (0.42) | (0.42) | (0.41) | (0.30) | (0.31) | (0.31) | (0.34) | -- |
| Diluted EPS | (0.15) | (0.15) | (0.16) | (0.12) | (0.13) | (0.12) | (1.21) | (0.11) | (0.15) | (0.24) | (0.02) | (0.41) | (0.42) | (0.42) | (0.41) | (0.30) | (0.31) | (0.31) | (0.34) | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (19.85) | (18.15) | (13.13) | (10.93) | (9.99) | (13.06) | (8.94) | 22.00 | (12.32) | (20.81) | (6.76) | (24.56) | (20.65) | (26.35) | (19.11) | (7.82) | (19.67) | (20.97) | (17.07) | (10.61) |
| Capital Expenditures | 0.06 | 0.01 | 0.02 | 0.02 | 0.02 | 0.04 | 0.00 | 0.00 | (0.01) | 0.14 | 0.44 | 0.08 | 0.23 | 0.55 | 0.11 | 0.15 | 0.19 | 0.16 | 0.20 | 0.06 |
| Free Cash Flow* | (19.90) | (18.16) | (13.15) | (10.95) | (10.01) | (13.10) | (8.94) | 22.00 | (12.31) | (20.95) | (7.20) | (24.64) | (20.88) | (26.91) | (19.22) | (7.97) | (19.85) | (21.13) | (17.27) | (10.66) |
| Investing Cash Flow | 10.26 | (30.93) | 10.37 | 13.83 | 5.05 | 19.12 | (88.72) | 2.80 | (0.67) | 16.83 | 7.55 | 32.53 | (19.66) | 25.80 | 2.70 | 1.22 | (21.22) | 29.93 | (9.18) | (37.67) |
| Financing Cash Flow | 0.09 | 57.78 | (2.53) | (3.04) | (0.01) | (0.28) | 74.58 | 0.02 | (0.01) | (0.05) | 0.05 | (0.09) | 26.74 | -- | 0.04 | (0.01) | 72.81 | 0.03 | -0.00 | (11.57) |
* Derived from reported values
