Financial Statements — CVV
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 | 23.48 | 8.20 | 8.36 | 7.02 | 10.22 | 10.01 | 10.03 | 11.89 | 14.29 | 13.03 | 11.00 | 11.88 | 12.16 | 13.27 | 17.45 | 5.39 | 5.93 |
| Accounts Receivable | 1.77 | 0.68 | 2.67 | 4.99 | 1.41 | 5.12 | 4.95 | 2.97 | 2.59 | 2.16 | 2.37 | 2.85 | 2.57 | 1.50 | 1.89 | 1.15 | 0.82 |
| Inventory | 0.25 | 0.31 | 2.01 | 2.33 | 2.04 | 2.56 | 4.66 | 4.93 | 4.29 | 4.15 | 2.80 | 2.13 | 2.05 | 1.74 | 1.47 | 1.30 | 1.34 |
| Total Current Assets | 28.15 | 15.70 | 18.49 | 18.50 | 19.47 | 19.93 | 21.79 | 23.34 | 24.90 | 24.36 | 20.55 | 20.57 | 21.57 | 19.61 | 23.36 | 26.26 | 26.46 |
| Property, Plant & Equipment | 10.28 | 10.42 | 11.23 | 11.39 | 11.56 | 11.91 | 12.04 | 12.09 | 12.21 | -- | -- | 12.81 | -- | -- | -- | -- | -- |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | 0.11 | 0.11 | 0.12 | 0.21 | 0.21 | 0.19 | 0.21 | 0.23 | 0.26 |
| Total Non-current Assets* | 10.38 | 10.52 | 11.28 | 11.45 | 11.61 | 11.92 | 12.06 | 12.11 | 12.32 | 12.42 | 14.23 | 13.03 | 12.55 | 12.40 | 12.60 | 12.66 | 12.75 |
| Total Assets | 38.52 | 26.21 | 29.78 | 29.95 | 31.08 | 31.85 | 33.85 | 35.44 | 37.23 | 36.78 | 34.78 | 33.60 | 34.12 | 32.01 | 35.96 | 38.92 | 39.21 |
| Accounts Payable | 0.16 | 0.21 | 1.11 | 0.94 | 1.15 | 1.39 | 1.60 | 1.80 | 1.48 | 1.31 | 1.43 | 1.52 | 1.42 | 1.18 | 0.85 | 0.91 | 0.50 |
| Total Current Liabilities | 2.44 | 2.93 | 3.89 | 4.63 | 4.93 | 6.67 | 9.12 | 10.20 | 8.72 | 7.76 | 4.89 | 5.52 | 6.58 | 3.72 | 5.68 | 14.72 | 14.12 |
| Long-term Debt | -- | -- | 0.11 | 0.14 | 0.16 | 0.20 | 0.23 | 0.25 | 0.29 | 0.31 | 0.33 | 0.36 | -- | -- | 0.00 | 1.90 | 2.42 |
| Total Non-current Liabilities* | 0.03 | 0.00 | 0.11 | 0.14 | 0.16 | 0.20 | 0.23 | 0.25 | 0.29 | 0.31 | 0.33 | 0.36 | 0.00 | 0.00 | 0.00 | 0.00 | 2.42 |
| Total Liabilities | 2.47 | 2.93 | 4.00 | 4.76 | 5.09 | 6.87 | 9.34 | 10.45 | 9.01 | 8.06 | 5.22 | 5.88 | 6.58 | 3.72 | 5.68 | 14.72 | 16.54 |
| Retained Earnings | 4.86 | (7.71) | (4.78) | (5.16) | (4.10) | (4.59) | (4.79) | (4.03) | (0.29) | 0.47 | 1.58 | 0.07 | 0.01 | 0.85 | 3.04 | (2.94) | (4.41) |
| Total Stockholder Equity | 36.05 | 23.28 | 25.78 | 25.18 | 25.99 | 24.97 | 24.50 | 25.00 | 28.22 | 28.72 | 29.57 | 27.72 | 27.54 | 28.29 | 30.28 | 24.20 | 22.67 |
* 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 | 1.95 | 1.84 | 4.95 | 7.41 | 5.11 | 8.32 | 7.42 | 8.19 | 6.35 | 4.92 | 4.11 | 6.23 | 5.07 | 8.70 | 7.23 | 8.12 | 5.81 | 4.66 | 4.72 | 4.33 |
| Cost of Revenue | 1.62 | 1.70 | 3.85 | 4.99 | 4.04 | 5.62 | 5.39 | 6.36 | 4.74 | 4.06 | 4.46 | 4.64 | 3.68 | 6.26 | 5.23 | 5.70 | 4.37 | 3.89 | 4.08 | 3.60 |
| Gross Profit | 0.33 | 0.15 | 1.10 | 2.42 | 1.07 | 2.70 | 2.03 | 1.84 | 1.61 | 0.86 | (0.35) | 1.60 | 1.39 | 2.43 | 2.00 | 2.42 | 1.44 | 0.77 | 0.64 | 0.73 |
| Research & Development | 0.69 | 0.73 | 0.73 | 0.59 | 0.69 | 0.78 | 0.57 | 0.64 | 0.67 | 0.75 | 0.73 | 0.70 | 0.56 | 0.60 | 0.51 | 0.52 | 0.57 | 0.31 | 0.11 | 0.14 |
| Selling, General & Admin | 0.97 | 1.02 | 1.21 | 1.19 | 1.18 | 1.23 | 1.13 | 1.32 | 1.42 | 1.32 | 1.04 | 1.45 | 1.36 | 1.60 | 1.25 | 1.49 | 1.40 | 1.19 | 1.47 | 1.30 |
| Total Operating Expenses | 1.89 | 1.94 | 2.45 | 2.11 | 2.21 | 2.43 | 2.00 | 1.76 | 2.51 | 2.48 | 2.12 | 2.59 | 2.62 | 2.62 | 2.08 | 2.30 | 2.30 | 1.78 | 1.82 | 1.66 |
| Operating Income | (1.56) | (1.80) | (1.35) | 0.31 | (1.14) | 0.27 | 0.03 | 0.08 | (0.90) | (1.62) | (2.47) | (0.99) | (1.23) | (0.19) | (0.08) | 0.12 | (0.86) | (1.01) | (1.18) | (0.92) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.04 |
| Pretax Income | (1.37) | (1.73) | (1.28) | 0.38 | (1.06) | 0.38 | 0.15 | 0.21 | (0.76) | (1.47) | (2.30) | (0.75) | (1.10) | (0.04) | 1.55 | 0.06 | (0.84) | (1.00) | (1.19) | 6.00 |
| Tax Provision | -- | -- | (0.01) | 0.00 | 0.00 | 0.02 | 0.02 | 0.01 | -- | -- | (0.02) | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.03 |
| Net Income | 12.57 | (1.66) | (1.27) | 0.38 | (1.06) | 0.36 | 0.13 | 0.20 | (0.76) | (1.47) | (2.27) | (0.75) | (1.11) | (0.04) | 1.55 | 0.06 | (0.84) | (1.00) | (1.19) | 5.97 |
| Basic EPS | 1.81 | (0.24) | (0.19) | 0.06 | (0.15) | 0.05 | 0.02 | 0.03 | (0.11) | (0.22) | (0.34) | (0.11) | (0.16) | (0.01) | 0.23 | 0.01 | (0.12) | (0.15) | (0.17) | 0.89 |
| Diluted EPS | 1.81 | (0.24) | (0.19) | 0.06 | (0.15) | 0.05 | 0.02 | 0.03 | (0.11) | (0.22) | (0.34) | (0.11) | (0.16) | (0.01) | 0.23 | 0.01 | (0.12) | (0.15) | (0.17) | 0.89 |
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) | (0.85) | 0.40 | 1.36 | (3.17) | (2.26) | 2.25 | 0.03 | (1.73) | (2.04) | (0.13) | 0.76 | 2.44 | (3.27) | 2.52 | (0.10) | (0.81) | (1.42) | (0.70) | (1.72) |
| Capital Expenditures | 0.00 | 0.01 | -0.00 | 0.00 | 0.00 | 0.05 | (0.11) | 0.04 | 0.11 | 0.07 | 0.11 | 0.08 | 0.08 | 0.15 | 0.03 | 0.18 | 0.46 | 0.18 | 0.02 | 0.09 |
| Free Cash Flow* | (0.43) | (0.86) | 0.40 | 1.36 | (3.17) | (2.31) | 2.36 | -0.00 | (1.84) | (2.11) | (0.24) | 0.67 | 2.36 | (3.42) | 2.50 | (0.28) | (1.27) | (1.60) | (0.72) | (1.82) |
| Investing Cash Flow | 15.71 | 0.50 | 0.00 | 0.00 | -0.00 | (0.10) | 0.36 | (0.04) | (0.11) | (0.07) | (0.11) | 0.51 | (0.39) | (0.15) | (0.03) | (0.18) | (0.30) | (0.19) | (0.02) | 22.98 |
| Financing Cash Flow | 0.00 | (0.18) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | (0.02) | 0.05 | (0.01) | 0.00 | 0.00 | (1.77) | (0.07) | (9.20) |
* Derived from reported values
