Financial Statements — CYCUW
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.87 | 2.03 | 3.65 | 1.01 | -- | 0.05 | 0.01 | 0.00 | 0.30 | 0.26 | 0.39 | 0.48 | 0.62 | 0.80 |
| Accounts Receivable | 3.72 | 3.34 | 3.10 | 4.12 | 3.94 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 5.95 | 5.47 | 7.04 | 5.59 | 6.72 | 0.31 | 0.15 | 0.11 | 0.41 | 0.45 | 0.66 | 0.76 | 0.92 | 1.11 |
| Property, Plant & Equipment | -- | -- | 0.00 | 0.02 | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Goodwill | 27.62 | 21.24 | 20.84 | 20.79 | 20.54 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | -- | -- | 0.00 | 0.01 | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 32.42 | 25.97 | 25.27 | 25.15 | 24.81 | 2.60 | 2.60 | 2.97 | 3.25 | 8.10 | 7.97 | 116.85 | 116.39 | 116.30 |
| Total Assets | 38.37 | 31.45 | 32.31 | 30.74 | 31.53 | 2.91 | 2.75 | 3.08 | 3.66 | 8.54 | 8.63 | 117.61 | 117.31 | 117.41 |
| Accounts Payable | 1.29 | 1.44 | 2.51 | 5.09 | 5.67 | 1.85 | 1.60 | 1.22 | 0.95 | 0.95 | 0.94 | 0.70 | 0.78 | 0.21 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | 0.57 | 0.31 | 0.20 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 19.53 | 17.46 | 16.60 | 19.99 | 21.83 | -- | -- | -- | -- | -- | -- | 0.94 | 0.88 | 0.26 |
| Total Non-current Liabilities* | 0.63 | 0.30 | 0.30 | 0.30 | 0.30 | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 20.16 | 17.76 | 16.90 | 20.29 | 22.13 | 3.98 | 3.44 | 2.89 | 3.28 | 2.97 | 2.72 | 0.94 | 0.88 | 0.26 |
| Retained Earnings | (32.76) | (29.01) | (21.77) | (18.65) | (13.46) | (3.86) | (3.49) | (2.78) | (2.89) | (2.55) | (2.12) | (1.46) | (1.32) | (0.60) |
| Total Stockholder Equity | 22.78 | 17.97 | 19.09 | 14.01 | 12.86 | (3.74) | (3.37) | (2.78) | (2.89) | (2.55) | (2.12) | 0.14 | 0.28 | 1.00 |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 3.76 | 3.27 | 3.54 | 3.83 | 3.89 | 3.87 | 4.08 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 2.66 | 2.58 | 3.11 | 3.56 | 3.65 | 3.19 | 2.53 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 1.09 | 0.69 | 0.43 | 0.27 | 0.24 | 0.68 | 1.55 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 2.64 | 2.74 | (8.24) | 2.72 | 4.00 | 10.78 | 0.25 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses* | 2.98 | 3.06 | 5.45 | 4.80 | 14.17 | 10.78 | (2.08) | -- | 1.60 | 0.60 | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (1.88) | (2.37) | (5.02) | (4.53) | (3.77) | (10.10) | 3.62 | (0.38) | (0.58) | (0.26) | (0.29) | (0.25) | (0.20) | (0.37) | (0.32) | (0.28) | (0.88) | (0.53) |
| Pretax Income | (4.04) | (2.56) | (5.28) | (3.24) | (5.29) | (10.25) | 1.90 | (0.38) | (0.70) | 0.41 | (0.27) | (0.24) | (0.32) | (0.13) | 0.54 | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.02 | 0.04 | -- | -- | -- | -- |
| Net Income | (3.76) | (2.13) | (5.00) | (3.12) | (5.29) | (10.25) | 1.90 | (0.38) | (0.70) | 0.41 | (0.28) | (0.25) | (0.33) | (0.17) | 0.37 | 0.24 | (0.72) | (0.59) |
| Basic EPS | (0.41) | (0.47) | (89.12) | (1.59) | (0.15) | (0.56) | (1.20) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (0.41) | (0.47) | (88.72) | (1.59) | (0.15) | (0.56) | (0.64) | -- | -- | -- | -- | -- | -- | -- | -- | -- | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (3.28) | (2.89) | (3.31) | (2.47) | (3.56) | (2.75) | (0.86) | (0.09) | (0.31) | (0.11) | (0.29) | (0.16) | (0.10) | (0.39) | (0.19) | (0.14) | (0.18) | (0.80) |
| Capital Expenditures | 0.06 | 0.13 | 0.19 | 0.09 | 0.10 | 0.07 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (3.35) | (3.02) | (3.50) | (2.56) | (3.66) | (2.82) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | 0.15 | (0.13) | (0.19) | (0.09) | (0.10) | 1.80 | (1.39) | (0.18) | 0.37 | 0.33 | 0.00 | 4.89 | (0.03) | 109.41 | 0.53 | 0.00 | 0.00 | (116.15) |
| Financing Cash Flow | 2.98 | (0.21) | 5.10 | 5.20 | 2.41 | 3.17 | 1.65 | 0.31 | (0.04) | (0.23) | 0.00 | (4.69) | 0.00 | (109.44) | 0.00 | 0.00 | 0.00 | 117.75 |
* Derived from reported values