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Financial Statements — AKAN
Balance Sheet
(in millions USD)| Metric | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q4 2022 | Q2 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.53 | 3.84 | 6.03 | 0.09 | 0.23 | 3.93 | 3.50 |
| Inventory | -- | -- | 1.29 | 1.29 | 1.06 | 0.90 | 0.00 |
| Total Current Assets | 3.57 | 5.06 | 7.61 | 1.81 | 3.82 | 6.94 | 3.98 |
| Total Non-current Assets | 2.65 | 2.86 | 2.35 | 7.03 | 35.18 | 36.54 | 4.07 |
| Total Assets | 6.22 | 7.91 | 9.97 | 8.84 | 39.00 | 43.48 | 8.05 |
| Total Current Liabilities | 2.84 | 3.64 | 5.40 | 10.17 | 9.35 | 6.27 | 8.27 |
| Total Non-current Liabilities* | 0.07 | 0.00 | 2.50 | 2.50 | 2.75 | 2.57 | 1.98 |
| Total Liabilities | 2.91 | 3.64 | 5.40 | 12.67 | 12.10 | 8.84 | 10.25 |
| Retained Earnings | (58.25) | (57.46) | (56.05) | (53.36) | (21.09) | (12.02) | (13.29) |
| Total Stockholder Equity | 3.30 | 4.28 | 4.57 | (3.83) | 26.90 | 34.64 | (2.20) |
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* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2 2025 | Q2 2024 | Q4 2023 | Q2 2022 |
|---|---|---|---|---|
| Total Revenue | -- | 0.48 | -- | 0.07 |
| Cost of Revenue* | -- | 0.30 | -- | (0.02) |
| Gross Profit | -- | 0.17 | -- | 0.09 |
| Selling, General & Admin | 0.32 | 0.50 | 2.12 | 1.18 |
| Total Operating Expenses* | 1.49 | 2.53 | -- | 11.01 |
| Operating Income | (1.49) | (2.35) | -- | (10.92) |
| Interest Expense | -- | 0.04 | -- | -- |
| Net Income | (0.82) | (2.68) | -- | (2.59) |
| Basic EPS | (1.17) | (2.84) | -- | (0.10) |
| Diluted EPS | (1.17) | (2.84) | -- | (0.10) |
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* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2 2025 | Q2 2024 | Q2 2022 |
|---|---|---|---|
| Operating Cash Flow | (0.38) | (2.59) | (8.35) |
| Investing Cash Flow | 0.00 | 0.10 | (4.23) |
| Financing Cash Flow | (0.52) | 8.64 | 14.64 |
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