Financial Statements — AVLN
Balance Sheet
(in millions USD)| Metric | Q2 2026 | Q1 2026 |
|---|---|---|
| Cash & Equivalents | 264.20 | 92.31 |
| Short-term Investments | 88.23 | 30.82 |
| Total Current Assets | 357.99 | 129.99 |
| Property, Plant & Equipment | 1.21 | 1.26 |
| Total Non-current Assets | 67.46 | 5.68 |
| Total Assets | 425.45 | 135.66 |
| Accounts Payable | 2.65 | 3.15 |
| Total Current Liabilities | 10.81 | 11.79 |
| Long-term Debt | 14.80 | 14.81 |
| Total Non-current Liabilities* | 16.29 | 15.90 |
| Total Liabilities | 27.10 | 27.69 |
| Retained Earnings | (321.17) | (292.23) |
| Total Stockholder Equity | 398.35 | (264.24) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2 2026 | Q1 2026 |
|---|---|---|
| Research & Development | 24.73 | 22.89 |
| Selling, General & Admin | 6.56 | 5.02 |
| Total Operating Expenses | 31.29 | 27.91 |
| Operating Income | (31.29) | (27.91) |
| Pretax Income* | (28.93) | (26.87) |
| Tax Provision | 0.00 | 0.00 |
| Net Income | (28.93) | (26.87) |
| Basic EPS | (0.98) | (21.83) |
| Diluted EPS | (0.98) | (21.83) |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2 2026 | Q1 2026 |
|---|---|---|
| Operating Cash Flow | (26.08) | (29.89) |
| Capital Expenditures | 0.27 | 0.32 |
| Free Cash Flow* | (26.34) | (30.21) |
| Investing Cash Flow | (118.71) | 55.02 |
| Financing Cash Flow | 316.67 | 14.86 |
* Derived from reported values