Financial Statements — ARMP
Balance Sheet
(in millions 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 | 23.95 | 4.75 | 14.76 | 4.33 | 11.69 | 17.14 | 26.41 | 37.86 | 23.96 | 12.46 | 25.11 | 25.38 | 36.98 | 46.41 | 12.08 | 17.54 | 22.46 |
| Total Current Assets | 27.16 | 5.95 | 16.93 | 7.52 | 13.17 | 22.39 | 30.90 | 41.72 | 36.59 | 26.83 | 38.60 | 33.24 | 41.31 | 48.70 | 14.18 | 19.71 | 24.04 |
| Property, Plant & Equipment | 11.23 | 11.78 | 12.56 | 12.66 | 12.88 | 13.62 | 13.47 | 12.70 | 9.25 | 8.81 | 5.44 | 4.34 | 3.26 | 2.25 | 2.11 | 2.13 | 2.12 |
| Goodwill | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 | 3.49 |
| Intangible Assets | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 |
| Total Non-current Assets* | 62.79 | 63.85 | 72.59 | 73.27 | 74.08 | 75.85 | 77.41 | 78.64 | 76.18 | 74.38 | 70.18 | 59.64 | 59.68 | 59.07 | 28.49 | 28.57 | 28.81 |
| Total Assets | 89.95 | 69.80 | 89.52 | 80.79 | 87.25 | 98.24 | 108.31 | 120.36 | 112.76 | 101.21 | 108.78 | 92.88 | 100.98 | 107.77 | 42.67 | 48.28 | 52.85 |
| Accounts Payable | 1.86 | 1.45 | 2.00 | 1.54 | 1.61 | 3.71 | 3.85 | 4.61 | 6.70 | 9.58 | 5.00 | 2.98 | 4.02 | 3.44 | 1.81 | 2.30 | 1.76 |
| Total Current Liabilities | 250.20 | 9.23 | 139.95 | 120.09 | 110.54 | 118.20 | 123.18 | 110.05 | 21.88 | 51.56 | 51.42 | 7.00 | 7.38 | 6.23 | 5.25 | 5.90 | 4.98 |
| Total Non-current Liabilities* | 70.92 | 372.16 | 45.15 | 30.21 | 30.49 | 31.01 | 31.23 | 66.82 | 103.26 | 30.51 | 34.92 | 40.30 | 40.31 | 40.00 | 13.66 | 13.76 | 13.85 |
| Total Liabilities | 321.12 | 381.39 | 185.10 | 150.29 | 141.03 | 149.21 | 154.41 | 176.87 | 125.15 | 82.07 | 86.33 | 47.30 | 47.69 | 46.23 | 18.92 | 19.66 | 18.83 |
| Retained Earnings | (542.74) | (616.88) | (377.24) | (350.56) | (334.27) | (330.33) | (324.85) | (333.84) | (288.97) | (257.81) | (254.26) | (229.46) | (220.85) | (211.63) | (196.81) | (191.39) | (185.20) |
| Total Stockholder Equity | (231.17) | (311.59) | (95.59) | (69.50) | (53.78) | (50.97) | (46.10) | (56.51) | (12.39) | 19.14 | 22.45 | 45.58 | 53.29 | 61.54 | 23.76 | 28.62 | 34.01 |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selling, General & Admin | 5.24 | 3.46 | 3.43 | 3.11 | 2.62 | 3.25 | 3.32 | 3.24 | 3.44 | 3.18 | 3.18 | 3.58 | 2.35 | 2.54 | 1.81 | 1.56 | 2.08 | 1.98 | 2.22 | 1.77 |
| Total Operating Expenses | 12.82 | 9.57 | 14.91 | 8.94 | 9.01 | 8.68 | 11.77 | 12.73 | 11.91 | 11.19 | 11.11 | 11.56 | 10.61 | 12.14 | 11.38 | 9.96 | 11.10 | 10.01 | 7.04 | 7.39 |
| Operating Income | (10.31) | (8.78) | (13.82) | (7.78) | (6.84) | (8.19) | (10.54) | (9.76) | (11.91) | (10.23) | (9.58) | (10.34) | (9.63) | (11.35) | (10.33) | (8.62) | (9.22) | (8.77) | (6.05) | (6.14) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 2.72 | 1.82 | -- | 1.18 | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 |
| Pretax Income* | 74.14 | (115.35) | -- | (26.67) | (16.30) | (6.53) | -- | (5.48) | 8.99 | (25.02) | -- | (31.16) | (3.55) | (14.49) | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- |
| Net Income | 74.14 | (115.35) | (124.30) | (26.67) | (16.30) | (6.53) | 2.60 | (5.48) | 8.99 | (25.02) | (19.85) | (31.16) | (3.55) | (14.49) | (10.31) | (8.61) | (9.21) | (8.77) | (6.05) | (5.42) |
| Basic EPS | 2.02 | (3.16) | (3.43) | (0.74) | (0.45) | (0.18) | 0.07 | (0.15) | 0.25 | (0.69) | (0.55) | (0.86) | (0.10) | (0.40) | (0.28) | (0.24) | (0.26) | (0.30) | (0.22) | -- |
| Diluted EPS | (0.27) | (3.16) | (3.41) | (0.74) | (0.45) | (0.20) | 0.20 | (0.15) | (0.25) | (0.69) | (0.48) | (0.86) | (0.17) | (0.40) | (0.28) | (0.24) | (0.26) | (0.30) | (0.22) | -- |
* Derived from reported values
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 | (8.67) | (5.78) | (6.67) | (4.30) | (7.21) | (7.58) | (7.93) | (8.86) | (10.18) | (10.58) | (8.11) | (9.69) | (12.06) | (17.57) | (10.48) | (10.33) | (8.15) | (3.51) | (8.60) | (4.96) |
| Capital Expenditures | 0.02 | 0.06 | 0.05 | 0.24 | 0.15 | 0.10 | (0.08) | 0.34 | 1.37 | 0.25 | 2.40 | 3.51 | 0.22 | 2.01 | (0.45) | 1.29 | 1.14 | 0.24 | 0.23 | 0.58 |
| Free Cash Flow* | (8.68) | (5.84) | (6.73) | (4.54) | (7.36) | (7.68) | (7.85) | (9.20) | (11.54) | (10.83) | (10.51) | (13.20) | (12.28) | (19.58) | (10.03) | (11.63) | (9.28) | (3.75) | (8.83) | (5.55) |
| Investing Cash Flow | (0.02) | (0.06) | (0.05) | (0.24) | (0.15) | (0.10) | 0.08 | (0.34) | (1.37) | (0.25) | (2.39) | (3.51) | (0.22) | (2.01) | 0.46 | (1.29) | (1.14) | (0.24) | (0.23) | (0.58) |
| Financing Cash Flow | 27.88 | 0.64 | 0.66 | 14.97 | 0.00 | 9.99 | 0.00 | (0.06) | 0.09 | 34.93 | (0.04) | 24.81 | (0.37) | 29.59 | (0.50) | 0.03 | (0.15) | 44.63 | 7.04 | 0.09 |
* Derived from reported values