Financial Statements — CAPA
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 | 23.65 | 36.20 | 30.91 | 22.19 | 37.29 | 42.27 | 59.55 | 53.16 | 93.82 | 87.93 | 81.66 | 78.26 | 81.27 | 34.98 | 62.10 | 521.94 | 0.59 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 293.81 | 319.40 | 399.81 | 438.10 | -- | -- |
| Accounts Receivable | 0.06 | 0.20 | 0.76 | 0.92 | 1.03 | 1.02 | 0.60 | 0.24 | 0.47 | 0.33 | 0.08 | -- | -- | -- | -- | -- | -- |
| Inventory | 2.03 | 2.19 | 3.51 | 3.90 | 4.42 | 4.09 | 4.85 | 4.95 | 2.33 | 1.98 | 1.71 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 119.09 | 134.96 | 237.99 | 226.47 | 241.81 | 205.83 | 226.47 | 244.38 | 284.81 | 306.79 | 330.02 | 378.87 | 405.11 | 439.78 | 505.20 | 524.09 | 0.76 |
| Property, Plant & Equipment | 10.91 | 12.03 | 13.37 | 15.34 | 16.18 | 16.25 | 16.21 | 16.17 | 17.61 | 18.10 | 18.20 | 13.76 | 12.56 | 11.15 | 4.21 | 2.86 | -- |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 9.48 | 9.48 | 9.48 | -- | -- | -- |
| Intangible Assets | -- | -- | -- | -- | -- | 0.00 | 0.12 | -- | 0.63 | 0.67 | 0.89 | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 74.49 | 78.38 | 22.14 | 27.93 | 29.42 | 30.63 | 30.28 | 31.21 | 33.29 | 34.37 | 35.01 | 39.11 | 38.15 | 36.36 | 4.32 | 2.86 | 115.00 |
| Total Assets | 193.58 | 213.35 | 260.13 | 254.41 | 271.22 | 236.45 | 256.75 | 275.58 | 318.10 | 341.17 | 365.03 | 417.98 | 443.25 | 476.14 | 509.53 | 526.95 | 115.76 |
| Accounts Payable | 1.59 | 1.79 | 1.35 | 2.23 | 1.89 | 2.15 | 1.38 | 1.16 | 2.06 | 0.83 | 2.66 | 1.78 | 2.37 | 4.29 | 3.17 | 3.03 | 1.61 |
| Total Current Liabilities | 11.95 | 10.71 | 22.15 | 24.02 | 12.57 | 15.34 | 11.01 | 7.97 | 11.01 | 10.19 | 10.10 | 12.64 | 11.43 | 14.05 | 7.20 | 7.86 | 1.61 |
| Total Non-current Liabilities* | 1.43 | 1.90 | 2.82 | 9.40 | 11.73 | 10.59 | 12.48 | 13.84 | 15.02 | 15.68 | 15.93 | 17.89 | 18.33 | 20.22 | 8.41 | 15.15 | 17.07 |
| Total Liabilities | 13.37 | 12.60 | 24.97 | 33.42 | 24.30 | 25.93 | 23.49 | 21.81 | 26.03 | 25.87 | 26.02 | 30.53 | 29.76 | 34.26 | 15.61 | 23.01 | 18.68 |
| Retained Earnings | (743.18) | (719.65) | (680.37) | (644.67) | (615.83) | (563.52) | (538.21) | (515.11) | (473.59) | (448.86) | (423.28) | (366.53) | (334.82) | (302.41) | (237.81) | (219.72) | (13.99) |
| Total Stockholder Equity | 180.20 | 200.74 | 235.16 | 220.98 | 246.92 | 210.52 | 233.26 | 253.77 | 292.07 | 315.30 | 339.00 | 387.45 | 413.50 | 441.88 | 493.92 | 503.94 | 5.00 |
* 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 | 0.34 | 0.26 | 0.45 | 0.55 | 0.59 | 0.84 | 1.19 | 0.79 | 0.62 | 0.46 | 0.40 | 0.22 | 0.21 | 0.25 | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Cost of Revenue | 0.17 | 0.18 | 0.33 | 0.36 | 0.24 | 0.36 | 0.58 | 0.42 | 0.27 | 0.19 | 0.22 | 0.12 | 0.13 | 0.13 | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.17 | 0.07 | 0.12 | 0.19 | 0.35 | 0.49 | 0.61 | 0.37 | 0.35 | 0.27 | 0.18 | 0.11 | 0.08 | 0.12 | -- | -- | -- | -- | -- | -- |
| Research & Development | 15.82 | 14.49 | 10.95 | 13.88 | 15.21 | 13.72 | 16.99 | 16.17 | 14.38 | 12.10 | 16.44 | 16.59 | 15.83 | 18.17 | 18.16 | 16.68 | 18.46 | 18.77 | 14.39 | 11.10 |
| Selling, General & Admin | 9.98 | 9.64 | 10.27 | 10.71 | 11.90 | 11.88 | 14.30 | 12.28 | 12.42 | 11.53 | 11.62 | 10.70 | 11.14 | 11.18 | 11.20 | 10.98 | 11.74 | 8.37 | 12.17 | 12.99 |
| Total Operating Expenses | 25.80 | 24.13 | 21.22 | 39.97 | 30.47 | 25.60 | 31.29 | 28.46 | 26.81 | 23.63 | 28.06 | 27.28 | 26.97 | 29.35 | 38.84 | 27.66 | 30.20 | 27.14 | 27.79 | 25.18 |
| Operating Income | (25.63) | (24.05) | (21.09) | (39.77) | (30.12) | (25.11) | (30.68) | (28.09) | (26.45) | (23.36) | (27.88) | (27.17) | (26.89) | (29.22) | (38.84) | (27.66) | (30.20) | (27.14) | (37.68) | (25.17) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Pretax Income | (23.53) | (21.79) | (17.60) | (35.68) | (28.82) | (19.18) | (33.11) | (25.27) | (23.10) | (19.47) | (22.05) | (24.73) | (25.57) | (23.61) | (33.14) | (31.71) | (32.41) | (35.17) | (29.42) | (18.09) |
| Tax Provision | 0.00 | (0.12) | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (23.53) | (21.67) | (17.61) | (35.70) | (28.84) | (19.19) | (33.12) | (25.31) | (23.10) | (19.47) | (22.05) | (24.73) | (25.57) | (23.61) | (33.14) | (31.71) | (32.41) | (35.17) | (30.80) | (18.09) |
| Basic EPS | (0.11) | (0.10) | (0.07) | (0.17) | (0.16) | (0.11) | (0.23) | (0.18) | (0.16) | (0.14) | (0.16) | (0.17) | (0.18) | (0.17) | (0.24) | (0.23) | (0.23) | (0.25) | (0.10) | (0.13) |
| Diluted EPS | (0.11) | (0.10) | (0.07) | (0.17) | (0.16) | (0.11) | (0.23) | (0.18) | (0.16) | (0.14) | (0.16) | (0.17) | (0.18) | (0.17) | (0.24) | (0.23) | (0.23) | (0.25) | (0.10) | (0.13) |
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 | (18.44) | (25.64) | (16.35) | (32.02) | (20.20) | (26.15) | (22.88) | (23.15) | (18.55) | (23.21) | (20.97) | (21.44) | (22.92) | (28.70) | (19.58) | (21.80) | (25.94) | (23.23) | (17.70) | (19.24) |
| Capital Expenditures | 0.08 | 0.28 | (0.02) | 0.90 | 0.33 | 1.31 | 1.44 | 0.98 | 1.13 | 1.05 | (0.37) | 1.33 | 0.97 | 2.57 | 3.50 | 1.78 | 2.96 | 2.50 | 3.41 | 1.13 |
| Free Cash Flow* | (18.52) | (25.92) | (16.33) | (32.92) | (20.52) | (27.46) | (24.32) | (24.13) | (19.68) | (24.25) | (20.60) | (22.78) | (23.89) | (31.27) | (23.08) | (23.58) | (28.91) | (25.73) | (21.10) | (20.37) |
| Investing Cash Flow | 8.12 | 40.27 | 7.02 | (6.20) | 5.04 | (34.17) | (5.92) | 5.87 | 24.81 | (57.43) | 61.07 | 27.12 | 29.20 | 26.04 | 25.50 | 17.17 | 72.82 | 21.70 | (9.85) | (439.86) |
| Financing Cash Flow | 0.00 | 0.00 | 0.05 | 46.95 | 0.04 | 48.37 | 35.79 | 0.00 | 0.14 | (0.06) | (0.06) | 0.21 | 0.00 | 0.00 | 0.14 | 1.63 | (0.58) | 0.73 | 1.23 | (0.73) |
* Derived from reported values
