Financial Statements — CVKD
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 |
|---|
| Cash & Equivalents | 2.39 | 2.31 | 3.86 | 5.00 | 7.34 | 4.36 | 5.04 | 6.57 | 9.11 | 3.23 | 4.03 |
| Total Current Assets | 5.58 | 2.86 | 4.08 | 5.97 | 7.94 | 4.67 | 5.44 | 7.03 | 9.28 | 3.52 | 4.44 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-current Assets* | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.04 | 0.04 |
| Total Assets | 5.59 | 2.86 | 4.09 | 5.98 | 7.95 | 4.68 | 5.46 | 7.05 | 9.31 | 3.56 | 4.48 |
| Accounts Payable | 0.87 | 0.82 | 0.61 | 0.90 | 1.28 | 0.50 | 0.76 | 0.40 | 0.14 | 0.08 | 0.12 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.83 |
| Total Current Liabilities | 1.50 | 1.06 | 1.35 | 1.68 | 1.84 | 1.27 | 1.46 | 0.86 | 0.56 | 0.37 | 0.40 |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
| Total Liabilities | 1.50 | 1.06 | 1.35 | 1.68 | 1.84 | 1.27 | 1.46 | 0.86 | 0.57 | 0.38 | 0.42 |
| Retained Earnings | (44.78) | (41.46) | (35.92) | (33.24) | (29.57) | (21.54) | (19.13) | (16.73) | (13.93) | (12.89) | (11.89) |
| Total Stockholder Equity | 4.09 | 1.80 | 2.73 | 4.30 | 6.11 | 3.41 | 3.99 | 6.19 | 8.75 | 3.18 | 4.07 |
* 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 |
|---|
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.22 | -- |
| Research & Development | 0.71 | 0.77 | 0.67 | 0.69 | 1.08 | 1.67 | 1.54 | 0.78 | 1.25 | 0.63 | 3.65 | 0.24 | 0.09 | 0.09 |
| Selling, General & Admin | 2.63 | 1.74 | 2.40 | 2.04 | 2.66 | 2.25 | 2.74 | 1.67 | 1.21 | 1.13 | 0.90 | 0.90 | 0.78 | 0.96 |
| Total Operating Expenses | 3.34 | 2.51 | 3.07 | 2.73 | 3.73 | 3.93 | 4.28 | 2.46 | 2.47 | 1.76 | 1.26 | 1.14 | 1.03 | 4.20 |
| Operating Income | (3.34) | (2.51) | (3.07) | (2.73) | (3.73) | (3.93) | (4.28) | (2.46) | (2.47) | (1.76) | (1.26) | (1.14) | (1.03) | (4.20) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.00 |
| Net Income | (3.32) | (2.50) | (3.04) | (2.69) | (3.67) | (3.85) | (4.19) | (2.41) | (2.39) | (1.66) | (1.14) | (1.04) | (1.00) | (5.17) |
| Basic EPS | (1.14) | (1.04) | (1.37) | (1.31) | (1.87) | (2.09) | (6.30) | (2.18) | (0.15) | (0.10) | 0.02 | (0.07) | (0.09) | (0.48) |
| Diluted EPS | (1.14) | (1.04) | (1.37) | (1.31) | (1.87) | (2.09) | (6.30) | (2.18) | (0.15) | (0.10) | 0.02 | (0.07) | (0.09) | (0.48) |
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 |
|---|
| Operating Cash Flow | (2.23) | (3.00) | (2.57) | (2.36) | (3.03) | (4.65) | (1.79) | (2.20) | (1.53) | (1.84) | (0.69) | (0.63) | (0.80) | (1.41) |
| Capital Expenditures | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- |
| Free Cash Flow* | -- | -- | (2.57) | (2.36) | (3.03) | (4.65) | -- | -- | -- | -- | (0.69) | (0.63) | (0.80) | -- |
| Investing Cash Flow | 0.00 | -- | 0.00 | -0.00 | 0.00 | -0.00 | -- | -- | -- | -- | 0.00 | -0.00 | -0.00 | -- |
| Financing Cash Flow | 2.31 | 1.30 | 2.72 | 0.65 | 1.26 | 1.97 | 7.45 | 1.53 | 0.00 | 0.00 | (0.01) | 6.51 | 0.00 | 5.41 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 16.50 |
