Financial Statements — CITR
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 | 2.52 | 4.29 | 6.20 | 2.33 | 3.74 | 0.31 | 0.55 | 0.37 | 0.57 | 0.09 | 0.06 | 0.06 | 0.10 | 0.05 | 0.00 | 0.00 | 0.00 |
| Accounts Receivable | 0.17 | 0.13 | 0.51 | 0.65 | 0.75 | 0.43 | 0.65 | 0.68 | 0.18 | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 0.58 | 0.70 | 0.47 | 0.41 | 0.31 | 0.27 | 0.19 | 0.19 | 0.18 | 0.10 | 0.10 | 0.11 | 0.11 | -- | -- | -- | -- |
| Total Current Assets | 3.68 | 5.63 | 7.26 | 3.78 | 5.01 | 1.11 | 1.44 | 1.25 | 0.95 | 0.21 | 0.17 | 0.17 | 0.22 | 0.05 | 0.00 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.48 | 0.61 | 0.66 | 0.47 | 0.34 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.28 | -- | -- | -- |
| Intangible Assets | 5.14 | 5.23 | 3.51 | 3.58 | 3.64 | 3.76 | 3.82 | 3.88 | -- | -- | -- | 0.00 | 0.00 | 0.03 | -- | -- | -- |
| Total Non-current Assets* | 6.35 | 6.61 | 5.01 | 4.91 | 4.04 | 3.84 | 3.92 | 4.00 | 4.35 | 4.21 | 4.22 | 4.26 | 4.27 | 0.30 | 0.00 | 0.00 | 0.00 |
| Total Assets | 10.04 | 12.24 | 12.26 | 8.69 | 9.05 | 4.95 | 5.35 | 5.25 | 5.30 | 4.42 | 4.40 | 4.43 | 4.48 | 0.35 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | 0.22 | 0.41 | 0.71 | 0.53 | 0.53 | 0.15 | 0.10 | 0.07 | 0.06 | 0.03 | 0.12 | 0.05 | 0.02 | 0.01 | 0.00 | 0.00 | -- |
| Total Current Liabilities | 0.42 | 2.85 | 2.97 | 5.80 | 4.96 | 2.11 | 2.13 | 1.46 | 1.72 | 1.45 | 1.31 | 0.82 | 0.52 | 0.42 | 0.09 | 0.08 | 0.01 |
| Long-term Debt | -- | -- | 0.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.60 | 0.70 | 0.78 | 0.69 | 0.00 | 0.00 | 0.01 | 0.03 | 0.07 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.02 | 3.56 | 3.75 | 6.50 | 4.96 | 2.11 | 2.14 | 1.49 | 1.79 | 1.45 | 1.31 | 0.82 | 0.58 | 0.42 | 0.09 | 0.08 | 0.01 |
| Retained Earnings | (123.32) | (119.41) | (107.10) | (99.17) | (87.27) | (74.57) | (73.91) | (73.00) | (69.11) | (60.09) | (59.74) | (59.12) | (58.82) | (56.50) | (56.46) | (56.44) | (56.38) |
| Total Stockholder Equity* | 9.01 | 8.69 | 8.51 | 2.19 | 4.09 | 2.83 | 3.22 | 3.76 | 3.50 | 2.97 | 3.08 | 3.61 | 3.91 | (0.07) | (0.09) | (0.07) | (0.01) |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.28 | 0.34 | 0.44 | 0.29 | 0.70 | 1.00 | 0.07 | 0.11 | 0.20 | 0.43 | 0.26 | 0.17 | 0.03 | 0.06 | (0.04) | 0.02 | 0.04 | 0.05 | -- | 0.00 |
| Cost of Revenue* | 0.27 | 0.23 | 0.35 | 0.58 | 0.37 | 0.56 | 0.24 | 0.14 | 0.09 | 0.09 | 0.07 | 0.06 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.03 | -- | 0.00 |
| Gross Profit | 0.01 | 0.12 | 0.09 | (0.29) | 0.32 | 0.41 | (0.17) | (0.03) | 0.11 | 0.31 | 0.19 | 0.13 | 0.02 | 0.04 | 0.00 | 0.02 | 0.00 | 0.02 | 0.02 | 0.00 |
| Research & Development | 0.20 | 0.08 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 0.22 | 0.41 | 0.72 | 0.35 | 0.31 | 0.21 | (0.04) | 0.19 | 0.20 | 0.14 | (0.04) | 0.15 | 0.11 | 0.10 | 0.09 | 0.20 | 0.08 | 0.00 | 0.00 | 0.00 |
| Total Operating Expenses | 3.77 | 4.79 | 6.22 | 4.53 | 3.71 | 4.43 | 1.27 | 0.67 | 1.11 | 3.07 | 0.69 | 9.16 | 0.38 | 0.40 | 0.26 | 0.31 | 2.36 | 0.04 | (0.02) | 0.02 |
| Operating Income | (3.49) | (4.45) | (5.78) | (4.24) | (3.02) | (3.46) | (1.20) | (0.56) | (0.91) | (2.64) | (0.37) | (9.02) | (0.36) | (0.35) | (0.28) | (0.30) | (2.32) | (0.02) | 0.04 | (0.02) |
| Interest Expense | 0.00 | 0.16 | 0.19 | 0.36 | 0.55 | 0.41 | -- | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Pretax Income | (3.90) | (6.21) | (6.10) | (7.93) | (11.90) | (10.90) | (1.80) | -- | -- | 0.09 | -- | -- | -- | -- | (0.26) | (0.30) | (2.32) | -- | 0.04 | (0.02) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 | (3.90) | -- | (6.10) | (7.93) | (11.90) | (10.90) | (1.80) | (0.66) | (0.91) | (3.52) | (0.37) | (9.02) | (0.36) | (0.35) | (0.26) | (0.30) | (2.32) | (0.03) | (0.01) | (0.02) |
| Basic EPS | (0.18) | (0.33) | -- | -- | -- | -- | -- | -- | (0.02) | (0.04) | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- |
| Diluted EPS | (0.18) | (0.33) | (1.95) | (0.59) | (0.19) | (0.23) | (0.08) | (0.02) | (0.01) | (0.03) | 0.09 | -- | 0.00 | 0.00 | (0.04) | 0.00 | -- | -- | -- | -- |
* 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 | (1.78) | (2.06) | (2.48) | (1.46) | (1.21) | (0.71) | (0.62) | (0.55) | (0.42) | (0.34) | (0.39) | (0.40) | (0.25) | (0.18) | (0.20) | (0.23) | (0.31) | 0.03 | (0.01) | (0.01) |
| Capital Expenditures | 0.00 | 0.01 | (0.03) | 0.05 | 0.14 | 0.03 | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Free Cash Flow* | (1.78) | (2.07) | (2.45) | (1.51) | (1.35) | (0.74) | (0.62) | (0.55) | -- | -- | (0.39) | (0.40) | (0.25) | -- | (0.20) | (0.24) | (0.31) | -- | -- | -- |
| Investing Cash Flow | 0.01 | (0.01) | (0.07) | (0.05) | (0.14) | (0.03) | 0.00 | 0.00 | -- | -- | -0.00 | -0.00 | 0.00 | -- | 0.00 | -0.00 | -0.00 | -- | (0.30) | 0.00 |
| Financing Cash Flow | 0.00 | 0.09 | 2.63 | 5.38 | (0.06) | 3.71 | 1.08 | 0.31 | 0.60 | 0.17 | 0.38 | 0.88 | 0.27 | 0.19 | 0.20 | 0.19 | 0.37 | 0.01 | 0.31 | 0.00 |
* Derived from reported values