Financial Statements — BB
Balance Sheet
(in billions USD)| Metric | Q1
2027 | 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 | 0.26 | 0.27 | 0.28 | 0.28 | 0.21 | 0.42 | 0.36 | 0.26 | 0.43 | 0.39 | 0.27 | 0.29 | 0.34 | 0.22 | 0.84 | 0.31 |
| Short-term Investments | 0.09 | 0.03 | 0.01 | 0.03 | 0.00 | 0.04 | 0.16 | 0.19 | 0.21 | 0.27 | 0.44 | 0.42 | 0.36 | 0.45 | 0.06 | 0.56 |
| Accounts Receivable | 0.16 | 0.15 | 0.13 | 0.13 | 0.18 | 0.13 | 0.12 | 0.13 | 0.10 | 0.10 | 0.14 | 0.12 | 0.15 | 0.21 | 0.24 | 0.21 |
| Total Current Assets | 0.56 | 0.54 | 0.51 | 0.53 | 0.45 | 0.65 | 0.70 | 0.77 | 0.94 | 0.96 | 0.93 | 0.91 | 0.95 | 0.97 | 1.22 | 1.17 |
| Property, Plant & Equipment | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.07 |
| Goodwill | 0.48 | 0.48 | 0.48 | 0.48 | 0.60 | 0.60 | 0.60 | 0.84 | 0.84 | 0.84 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 | 0.84 |
| Intangible Assets | 0.04 | 0.04 | 0.04 | 0.04 | 0.16 | 0.18 | 0.19 | 0.45 | 0.47 | 0.51 | 0.66 | 0.70 | 0.73 | 0.80 | 0.84 | 0.88 |
| Total Non-current Assets* | 0.68 | 0.56 | 0.75 | 0.75 | 0.82 | 0.84 | 0.86 | 1.36 | 1.38 | 1.43 | 1.60 | 1.64 | 1.69 | 1.80 | 1.84 | 1.91 |
| Total Assets | 1.24 | 1.22 | 1.18 | 1.21 | 1.40 | 1.61 | 1.67 | 2.19 | 2.38 | 2.46 | 2.60 | 2.63 | 2.72 | 2.87 | 3.17 | 3.22 |
| Accounts Payable | 0.02 | 0.01 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.03 | 0.02 | 0.02 | 0.03 | 0.03 | 0.05 |
| Total Current Liabilities | 0.26 | 0.25 | 0.23 | 0.25 | 0.51 | 0.71 | 0.74 | 0.77 | 0.52 | 0.52 | 0.41 | 0.40 | 0.40 | 0.43 | 1.06 | 1.09 |
| Long-term Debt | 0.20 | 0.20 | 0.20 | 0.20 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.23 | 0.22 | 0.23 | 0.23 | 0.07 | 0.07 | 0.08 | 0.09 | 0.54 | 0.55 | 0.79 | 0.91 | 0.86 | 0.64 | 0.20 | 0.21 |
| Total Liabilities | 0.49 | 0.48 | 0.46 | 0.49 | 0.57 | 0.78 | 0.82 | 0.86 | 1.05 | 1.08 | 1.20 | 1.31 | 1.26 | 1.07 | 1.26 | 1.30 |
| Retained Earnings | (2.16) | (2.20) | (2.21) | (2.23) | (2.10) | (2.08) | (2.04) | (1.53) | (1.53) | (1.47) | (1.44) | (1.51) | (1.37) | (0.99) | (0.86) | (0.84) |
| Total Stockholder Equity | 0.75 | 0.74 | 0.73 | 0.73 | 0.83 | 0.83 | 0.86 | 1.34 | 1.33 | 1.39 | 1.40 | 1.32 | 1.46 | 1.80 | 1.91 | 1.91 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2027 | Q4
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 | 152.90 | 156.00 | 102.90 | 141.80 | 129.60 | 121.70 | 173.00 | 175.00 | 132.00 | 373.00 | 151.00 | 169.00 | 168.00 | 168.00 | 185.00 | 184.00 | 175.00 | 174.00 | 210.00 | 218.00 |
| Cost of Revenue | 33.20 | 34.60 | 10.00 | 31.90 | 33.00 | 31.40 | 44.00 | 48.00 | 47.00 | 194.00 | 51.00 | 60.00 | 62.00 | 64.00 | 61.00 | 67.00 | 63.00 | 60.00 | 58.00 | 69.00 |
| Gross Profit | 119.70 | 121.40 | 92.90 | 109.90 | 96.60 | 90.30 | 129.00 | 127.00 | 85.00 | 179.00 | 100.00 | 109.00 | 106.00 | 104.00 | 124.00 | 117.00 | 112.00 | 114.00 | 152.00 | 149.00 |
| Research & Development | 33.00 | 33.40 | 2.80 | 29.60 | 25.60 | 25.00 | 40.00 | 42.00 | 50.00 | 54.00 | 48.00 | 52.00 | 54.00 | 53.00 | 47.00 | 57.00 | 58.00 | 57.00 | 48.00 | 53.00 |
| Selling, General & Admin | 39.30 | 30.70 | 48.70 | 36.10 | 31.50 | 30.50 | 52.00 | 85.00 | 73.00 | 99.00 | 83.00 | 89.00 | 86.00 | 82.00 | 64.00 | 77.00 | 83.00 | 73.00 | 92.00 | 83.00 |
| Total Operating Expenses | 104.40 | 98.50 | 51.10 | 98.00 | 85.10 | 88.30 | 185.00 | 138.00 | 132.00 | 190.00 | 599.00 | 111.00 | 153.00 | 281.00 | (22.00) | 66.00 | 253.00 | 172.00 | 465.00 | 276.00 |
| Operating Income | 15.30 | 22.90 | 41.80 | 11.90 | 11.50 | 2.00 | (56.00) | (11.00) | (47.00) | (11.00) | (499.00) | (2.00) | (47.00) | (177.00) | 146.00 | 51.00 | (141.00) | (58.00) | (313.00) | (127.00) |
| Pretax Income | 16.40 | 25.90 | 41.50 | 14.80 | 13.40 | 4.90 | (52.00) | (6.00) | (40.00) | (8.00) | (493.00) | 0.00 | (49.00) | (178.00) | 145.00 | 76.00 | (142.00) | (60.00) | (313.00) | (128.00) |
| Tax Provision | 7.90 | 1.60 | 1.00 | 1.10 | 0.10 | 3.00 | 4.00 | 15.00 | 2.00 | 3.00 | 2.00 | 4.00 | 5.00 | 3.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Net Income | 8.50 | 24.30 | (7.00) | 13.70 | 13.30 | 1.90 | (56.00) | (21.00) | (42.00) | (11.00) | (495.00) | (4.00) | (54.00) | (181.00) | 144.00 | 74.00 | (144.00) | (62.00) | (315.00) | (130.00) |
| Basic EPS | -- | 0.05 | (0.01) | 0.02 | 0.02 | 0.00 | (0.09) | (0.04) | (0.07) | (0.02) | (0.86) | (0.01) | (0.09) | (0.31) | 0.25 | 0.13 | (0.25) | (0.11) | (0.56) | (0.23) |
| Diluted EPS | -- | 0.05 | (0.01) | 0.02 | 0.02 | 0.00 | (0.08) | (0.05) | (0.07) | (0.02) | (0.81) | (0.09) | (0.10) | (0.35) | 0.10 | (0.05) | (0.25) | (0.11) | (0.56) | (0.23) |
Cash Flow Statement
(in millions USD)| Metric | Q1
2027 | 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 | Q2
2021 |
|---|
| Operating Cash Flow | 4.60 | 41.50 | 18.30 | 3.90 | (18.00) | (15.00) | (31.00) | (56.00) | 99.00 | (10.00) | (187.00) | (24.00) | (42.00) | 9.00 | (19.00) | 15.00 | (33.00) | 52.00 | 30.00 | 31.00 |
| Capital Expenditures | 2.90 | 0.10 | 0.90 | 0.80 | 0.90 | 2.00 | 2.00 | 1.00 | 2.00 | 2.00 | 1.00 | 3.00 | 1.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 |
| Free Cash Flow* | 1.70 | 41.40 | 17.40 | 3.10 | (18.90) | (17.00) | (33.00) | (57.00) | 97.00 | (12.00) | (188.00) | (27.00) | (43.00) | 7.00 | (21.00) | 13.00 | (35.00) | 49.00 | 28.00 | 29.00 |
| Investing Cash Flow | (13.50) | 38.70 | (22.00) | 14.30 | 38.50 | (66.00) | 36.00 | 114.00 | (38.00) | 50.00 | 9.00 | 64.00 | 53.00 | 96.00 | (2.00) | (63.00) | 176.00 | (117.00) | 10.00 | 493.00 |
| Financing Cash Flow | (8.70) | 0.10 | (2.70) | (20.00) | (8.80) | 46.00 | (213.00) | 0.00 | 2.00 | 0.00 | 3.00 | 0.00 | 3.00 | 1.00 | 4.00 | 1.00 | 4.00 | 9.00 | (241.00) | 1.00 |
* Derived from reported values
