Financial Statements — CYN
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.23 | 5.13 | 4.82 | 31.34 | 1.00 | 1.97 | 5.93 | 2.19 | 3.54 | 3.06 | 7.97 | 5.63 | 5.60 | 18.33 | 1.65 |
| Short-term Investments | 37.47 | 39.25 | 30.05 | 7.89 | 15.34 | 0.81 | 1.06 | 2.58 | 4.62 | 9.06 | 8.99 | 21.99 | 27.00 | -- | -- |
| Accounts Receivable | -- | -- | 0.21 | 0.10 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 1.66 | 1.78 | 0.89 | 0.99 | 0.90 | 0.38 | -- | 0.07 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 43.96 | 49.93 | 39.08 | 43.63 | 18.73 | 4.45 | 8.33 | 6.27 | 8.59 | 13.25 | 18.34 | 28.21 | 33.26 | 18.97 | 2.02 |
| Property, Plant & Equipment | 3.71 | 3.47 | 3.01 | 2.55 | 2.44 | 2.07 | 1.96 | 1.65 | 1.39 | 1.19 | 1.25 | 0.65 | 0.47 | 0.31 | 0.07 |
| Intangible Assets | 0.45 | 0.46 | 0.47 | 3.07 | 2.54 | 1.49 | 0.99 | 1.05 | 1.16 | 0.56 | 0.51 | 0.36 | 0.18 | 0.03 | 0.03 |
| Total Non-current Assets* | 11.01 | 11.03 | 10.19 | 12.55 | 5.62 | 4.03 | 3.60 | 3.52 | 2.96 | 2.30 | 1.99 | 1.53 | 1.29 | 1.12 | 0.10 |
| Total Assets | 54.97 | 60.96 | 49.27 | 56.18 | 24.35 | 8.48 | 11.93 | 9.79 | 11.55 | 15.56 | 20.33 | 29.73 | 34.55 | 20.08 | 2.12 |
| Accounts Payable | 0.17 | 0.37 | 3.51 | 0.18 | 0.28 | 0.19 | 0.18 | 0.25 | 0.23 | 0.31 | 0.44 | 0.30 | 0.24 | 0.09 | 0.27 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 32.61 | -- | -- |
| Total Current Liabilities | 2.69 | 4.14 | 3.91 | 3.00 | 2.21 | 1.83 | 2.23 | 1.69 | -- | -- | -- | 0.95 | 1.09 | 0.82 | 0.49 |
| Total Non-current Liabilities* | 7.69 | 6.25 | 6.68 | 6.42 | 0.00 | 0.00 | 0.00 | 0.13 | -- | -- | -- | 0.00 | 0.19 | 0.23 | 1.60 |
| Total Liabilities* | 10.38 | 10.39 | 10.59 | 9.42 | 2.21 | 1.83 | 2.23 | 1.82 | 1.35 | 1.61 | 0.91 | 0.95 | 1.28 | 1.05 | 2.09 |
| Retained Earnings | (229.66) | (223.31) | (211.15) | (202.31) | (196.86) | (177.23) | (171.81) | (165.99) | (153.18) | (147.71) | (141.36) | (130.18) | (124.92) | (120.31) | (114.44) |
| Total Stockholder Equity | 44.59 | 50.57 | 38.68 | 46.76 | 22.14 | 6.65 | 9.70 | 7.97 | 10.20 | 13.94 | 19.42 | 28.79 | 33.27 | 19.04 | 0.03 |
* 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 | 0.14 | 0.10 | 0.07 | 0.00 | 0.00 | 0.00 | 0.31 | 0.05 | 0.01 | 0.01 | 0.04 | 0.03 | 0.55 | 0.87 | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 0.09 | 0.06 | 0.06 | 0.05 | 0.02 | 0.01 | 0.25 | 0.16 | 0.01 | 0.11 | 0.10 | 0.04 | 0.46 | 0.62 | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.06 | 0.05 | 0.01 | 0.02 | 0.05 | 0.04 | 0.06 | (0.11) | (0.01) | (0.11) | (0.06) | 0.33 | 0.09 | 0.26 | -- | -- | -- | -- | -- | -- |
| Research & Development | 3.15 | 2.89 | 3.14 | 5.25 | 1.97 | 2.11 | 2.11 | 2.80 | 3.20 | 3.15 | 3.02 | 2.93 | 3.74 | 3.03 | 2.82 | 2.73 | 2.26 | 1.68 | 2.07 | 1.15 |
| Selling, General & Admin | 3.66 | 4.10 | 3.43 | 3.18 | 3.55 | 3.14 | 3.49 | 2.60 | 2.61 | 2.70 | 2.31 | 2.66 | 2.85 | 3.07 | 2.95 | 2.55 | 2.36 | 2.14 | 1.56 | 0.97 |
| Total Operating Expenses | 6.81 | 6.99 | 6.57 | 8.44 | 10.77 | 5.25 | 5.60 | 5.40 | 5.81 | 5.86 | 5.34 | 18.28 | 6.58 | 6.10 | 5.77 | 5.28 | 4.61 | 3.82 | 3.63 | 2.13 |
| Operating Income | (6.75) | (6.94) | (6.55) | (8.42) | (5.50) | (5.22) | (5.54) | (5.51) | (5.81) | (5.97) | (5.40) | (5.61) | (6.50) | (5.84) | (5.69) | (5.28) | (4.61) | (3.82) | (3.63) | (2.13) |
| Pretax Income* | (6.35) | -- | -- | (8.44) | (5.45) | (7.59) | -- | (5.43) | (5.82) | (5.97) | -- | (5.47) | (6.35) | (5.63) | (5.55) | (5.26) | (4.61) | (3.82) | (2.06) | (2.10) |
| 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 |
| Net Income | (6.35) | (6.49) | (1.99) | (8.44) | (5.45) | (7.59) | (16.12) | (5.43) | (5.82) | (5.97) | (5.36) | (5.47) | (6.35) | (5.63) | (5.55) | (5.26) | (4.61) | (3.82) | (2.06) | (2.10) |
| Basic EPS | (0.45) | (0.59) | 5.33 | (1.20) | (2.70) | (6.60) | (2,205.63) | (2.74) | (4.11) | (0.08) | (0.07) | (0.14) | (0.19) | (0.17) | (0.17) | (0.16) | (0.15) | (0.14) | -- | -- |
| Diluted EPS | -- | (0.59) | 5.33 | (1.20) | (2.70) | (6.60) | (2,205.63) | (2.74) | (4.11) | (0.08) | (0.07) | (0.14) | (0.19) | (0.17) | (0.17) | (0.16) | (0.15) | (0.14) | -- | -- |
* 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 | (4.75) | (8.40) | (6.74) | (4.07) | (6.26) | (6.51) | (3.65) | (5.32) | (4.39) | (5.84) | (5.04) | (4.19) | (4.87) | (5.38) | (4.70) | (4.60) | (3.60) | (3.40) | (2.96) | (5.68) |
| Capital Expenditures | 0.33 | 0.29 | 0.36 | 0.52 | 0.17 | 0.18 | 0.31 | 0.16 | 0.36 | 0.21 | 0.14 | 0.90 | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (5.08) | (8.69) | (7.10) | (4.58) | (6.43) | (6.69) | (3.96) | (5.49) | (4.75) | (6.05) | (5.18) | (5.10) | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | 1.85 | (5.37) | (2.56) | (22.46) | 6.99 | (16.10) | 0.36 | (0.40) | 1.19 | 1.79 | (0.01) | 3.66 | (0.04) | 2.75 | 9.61 | 4.61 | (27.34) | (0.23) | (0.05) | 0.03 |
| Financing Cash Flow | 0.00 | 17.92 | 5.47 | 0.00 | 29.61 | -0.00 | 24.93 | 1.77 | 6.93 | 2.65 | 5.10 | 1.01 | 0.00 | 0.01 | 0.00 | 0.02 | 18.13 | 0.09 | 23.29 | 0.92 |
* Derived from reported values