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Financial Statements — BCAB
Balance Sheet
(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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.54 | 1.96 | 7.12 | 8.32 | 18.21 | 32.36 | 49.05 | 56.52 | 61.66 | 80.63 | 111.47 | 141.28 | 168.69 | 192.69 | 215.51 | 178.12 | 202.29 | 219.43 | 244.98 | 269.93 |
| Accounts Receivable | 2.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 4.26 | 3.09 | 8.01 | 9.67 | 20.61 | 37.54 | 51.23 | 60.57 | 66.49 | 86.43 | 116.41 | 147.51 | 175.31 | 199.72 | 220.43 | 183.31 | 207.20 | 224.02 | 247.29 | 273.52 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.12 | 0.32 | 0.38 | 0.50 | 0.68 | 0.91 | 1.13 | 1.36 | 1.60 | 1.97 | 2.21 | 2.49 | 2.73 | 3.00 | 3.28 | 3.40 | 3.68 | 3.91 |
| Total Non-current Assets* | 5.25 | 5.47 | 5.82 | 6.24 | 6.52 | 0.75 | 1.19 | 1.67 | 2.15 | 2.77 | 3.25 | 3.85 | 4.33 | 4.84 | 5.31 | 5.80 | 6.30 | 6.63 | 7.13 | 4.06 |
| Total Assets | 9.51 | 8.57 | 13.83 | 15.91 | 27.13 | 38.29 | 52.42 | 62.24 | 68.64 | 89.20 | 119.66 | 151.36 | 179.64 | 204.55 | 225.74 | 189.11 | 213.50 | 230.65 | 254.42 | 277.58 |
| Accounts Payable | 19.45 | 19.13 | 16.35 | 16.81 | 15.80 | 15.45 | 13.70 | 18.21 | 15.80 | 17.75 | 26.72 | 34.01 | 32.08 | 24.71 | 21.61 | 22.33 | 24.03 | 15.75 | 18.42 | 24.94 |
| Total Current Liabilities | 21.02 | 20.69 | 21.92 | 17.98 | 16.60 | 16.01 | 14.54 | 19.46 | 17.46 | 19.26 | 28.34 | 35.60 | 33.65 | 26.26 | 23.13 | 23.83 | 25.51 | 17.19 | 19.81 | 45.23 |
| Total Non-current Liabilities* | 24.72 | 25.18 | 28.10 | 29.16 | 27.27 | 21.74 | 23.62 | 19.81 | 19.81 | 20.22 | 20.64 | 21.06 | 21.47 | 21.87 | 22.27 | 22.65 | 23.04 | 23.41 | 23.79 | 1.70 |
| Total Liabilities | 45.74 | 45.88 | 50.02 | 47.15 | 43.87 | 37.74 | 38.16 | 39.27 | 37.27 | 39.48 | 48.99 | 56.66 | 55.12 | 48.13 | 45.40 | 46.48 | 48.54 | 40.60 | 43.60 | 46.93 |
| Retained Earnings | (551.54) | (551.99) | (545.65) | (535.86) | (520.08) | (501.37) | (486.04) | (471.15) | (460.57) | (439.50) | (416.26) | (389.34) | (356.01) | (320.26) | (292.80) | (265.26) | (239.48) | (210.57) | (186.32) | (162.93) |
| Total Stockholder Equity | (36.24) | (37.31) | (36.19) | (31.24) | (16.74) | 0.55 | 14.27 | 22.97 | 31.37 | 49.72 | 70.67 | 94.70 | 124.52 | 156.43 | 180.34 | 142.63 | 164.95 | 190.05 | 210.82 | 230.65 |
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* 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 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | -- | -- | -- |
| Research & Development | 3.34 | 4.58 | 8.00 | 9.54 | 13.68 | 12.36 | 11.65 | 16.40 | 16.20 | 18.85 | 22.67 | 28.40 | 30.96 | 21.70 | 21.87 | 19.84 | 20.71 | 16.92 | 16.45 | 16.55 |
| Selling, General & Admin | 2.93 | 4.73 | 3.26 | 4.25 | 4.96 | 5.26 | 4.59 | 5.88 | 5.77 | 5.61 | 5.86 | 6.62 | 6.24 | 7.23 | 6.69 | 6.34 | 8.34 | 7.42 | 7.04 | 7.14 |
| Total Operating Expenses | 6.27 | 9.31 | 11.26 | 13.79 | 18.65 | 17.61 | 16.24 | 22.27 | 21.97 | 24.46 | 28.54 | 35.02 | 37.20 | 28.93 | 28.56 | 26.18 | 29.06 | 24.35 | 23.49 | 23.70 |
| Operating Income | 0.23 | (9.31) | (9.26) | (13.79) | (18.65) | (17.61) | (16.24) | (11.27) | (21.97) | (24.46) | (28.54) | (35.02) | (37.20) | (28.93) | (28.56) | (26.18) | (29.05) | (24.35) | (23.49) | (23.69) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 |
| Net Income | 0.45 | (6.34) | (9.78) | (15.78) | (18.71) | (15.33) | (14.88) | (10.59) | (21.07) | (23.23) | (26.92) | (33.33) | (35.75) | (27.46) | (27.54) | (25.78) | (28.91) | (24.25) | (23.39) | (22.93) |
| Basic EPS | 0.27 | (4.22) | (0.16) | (0.27) | (0.32) | (0.26) | (0.30) | (0.22) | (0.44) | (0.48) | (0.55) | (0.70) | (0.75) | (0.58) | (0.63) | (0.69) | (0.77) | -- | -- | -- |
| Diluted EPS | 0.27 | (4.22) | (0.16) | (0.27) | (0.32) | (0.26) | (0.30) | (0.22) | (0.44) | (0.48) | (0.55) | (0.70) | (0.75) | (0.58) | (0.63) | (0.69) | (0.77) | -- | -- | -- |
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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 | (0.42) | (5.27) | (7.91) | (9.88) | (14.12) | (16.29) | (16.78) | (5.13) | (19.19) | (30.83) | (29.92) | (27.34) | (24.09) | (22.65) | (24.35) | (24.02) | (16.92) | (25.14) | (20.95) | (12.73) |
| Investing Cash Flow | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.01) | (0.02) | (0.01) | (0.05) | (0.03) | (0.06) | (0.17) | (0.01) | (0.09) | (0.10) |
| Financing Cash Flow | 0.00 | 0.11 | 6.71 | (0.01) | (0.04) | (0.39) | 9.31 | (0.01) | 0.23 | (0.01) | 0.12 | (0.04) | 0.12 | (0.12) | 61.77 | (0.10) | (0.05) | (0.40) | (3.91) | 75.14 |
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