Financial Statements — ECOR
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 | 8.50 | 4.85 | 7.86 | 3.37 | 3.78 | 4.93 | 10.30 | 7.85 | 13.46 | 8.44 | 11.91 | 21.65 | 26.33 | 29.88 | 38.00 | 14.70 | 9.06 |
| Short-term Investments | 1.54 | 3.98 | 5.09 | 3.77 | 3.98 | 8.02 | 3.93 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.91 | 0.87 | 1.48 | 0.81 | 1.46 | 0.55 | 0.54 | 0.48 | 0.59 | 0.24 | 0.21 | 0.36 | 0.57 | 0.36 | 0.33 | 0.37 | 0.26 |
| Inventory | 2.42 | 1.98 | 1.21 | 1.43 | 1.73 | 1.96 | 2.58 | 2.51 | 2.50 | 2.37 | 2.48 | 1.97 | 1.74 | 1.58 | 1.08 | 1.08 | 0.94 |
| Total Current Assets | 14.12 | 12.53 | 17.35 | 10.56 | 11.97 | 16.78 | 17.96 | 11.71 | 17.84 | 11.40 | 15.37 | 25.31 | 29.12 | 32.49 | 41.88 | 25.41 | 27.59 |
| Property, Plant & Equipment | 0.38 | 0.36 | 0.19 | 0.20 | 0.18 | 0.17 | 0.18 | 0.19 | 0.18 | 0.11 | 0.03 | 0.08 | 0.10 | 0.12 | 0.17 | 0.20 | 0.22 |
| Total Non-current Assets* | 2.94 | 2.96 | 4.07 | 4.00 | 4.07 | 4.27 | 4.40 | 2.18 | 2.27 | 2.82 | 2.93 | 4.18 | 4.36 | 4.69 | 5.69 | 5.89 | 6.16 |
| Total Assets | 17.06 | 15.48 | 21.41 | 14.56 | 16.04 | 21.05 | 22.36 | 13.89 | 20.11 | 14.22 | 18.30 | 29.49 | 33.48 | 37.18 | 47.57 | 31.30 | 33.75 |
| Accounts Payable | 2.18 | 2.17 | 3.07 | 2.57 | 1.76 | 1.24 | 1.46 | 2.32 | 3.03 | 2.28 | 2.00 | 1.90 | 2.05 | 2.24 | 1.25 | 2.30 | 2.11 |
| Short-term Debt | 1.00 | 0.25 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 11.67 | 12.31 | 12.14 | 9.62 | 7.86 | 7.91 | 7.25 | 7.83 | 8.51 | 6.58 | 5.85 | 6.64 | 5.64 | 4.68 | 5.74 | 5.76 | 5.34 |
| Long-term Debt | 7.76 | 7.76 | 7.76 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 8.18 | 8.86 | 10.34 | 3.83 | 3.82 | 3.68 | 3.63 | 1.57 | 0.56 | 0.58 | 0.61 | 0.65 | 0.66 | 0.68 | 0.72 | 0.92 | 1.74 |
| Total Liabilities | 19.85 | 21.17 | 22.49 | 13.45 | 11.68 | 11.59 | 10.88 | 9.39 | 9.07 | 7.16 | 6.45 | 7.29 | 6.31 | 5.37 | 6.45 | 6.68 | 7.08 |
| Retained Earnings | (199.39) | (196.33) | (188.02) | (184.62) | (180.94) | (173.86) | (171.36) | (168.71) | (161.17) | (157.14) | (152.24) | (140.58) | (135.13) | (129.79) | (119.26) | (115.27) | (112.37) |
| Total Stockholder Equity | (2.79) | (5.69) | (1.07) | 1.11 | 4.37 | 9.46 | 11.47 | 4.50 | 11.04 | 7.06 | 11.85 | 22.20 | 27.17 | 31.82 | 40.48 | 23.98 | 26.03 |
* 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 | 9.45 | 9.58 | 9.24 | 8.69 | 7.38 | 6.72 | 7.05 | 6.55 | 6.14 | 5.44 | 5.19 | 4.51 | 3.55 | 2.78 | 2.56 | 1.98 | 2.16 | 1.90 | 1.49 | 1.49 |
| Cost of Revenue | 1.27 | 1.22 | 1.07 | 1.22 | 0.94 | 1.01 | 0.99 | 1.07 | 0.84 | 0.89 | 1.10 | 0.66 | 0.59 | 0.46 | 0.64 | 0.26 | 0.36 | 0.36 | 0.29 | 0.36 |
| Gross Profit | 8.18 | 8.36 | 8.17 | 7.47 | 6.44 | 5.71 | 6.05 | 5.49 | 5.30 | 4.56 | 4.09 | 3.85 | 2.97 | 2.32 | 1.92 | 1.72 | 1.80 | 1.54 | 1.20 | 1.13 |
| Research & Development | -- | -- | -- | 0.66 | 0.51 | 0.64 | 0.81 | 0.52 | 0.64 | 0.40 | 1.11 | 1.25 | 1.16 | 1.81 | 1.63 | 1.62 | 1.34 | 0.93 | 0.74 | 0.47 |
| Selling, General & Admin | 10.13 | 12.94 | 10.19 | 9.69 | 9.44 | 8.89 | 8.32 | 7.62 | 7.26 | 8.01 | 6.94 | 6.72 | 6.80 | 6.71 | 6.21 | 5.66 | 6.28 | 6.19 | 5.93 | 4.65 |
| Total Operating Expenses | 10.95 | 13.68 | 11.11 | 10.35 | 9.95 | 9.53 | 9.12 | 8.14 | 7.89 | 8.40 | 8.05 | 7.97 | 7.95 | 8.52 | 7.84 | 7.27 | 7.62 | 7.12 | 6.67 | 5.12 |
| Operating Income | (2.77) | (5.32) | (2.94) | (2.88) | (3.51) | (3.82) | (3.07) | (2.65) | (2.59) | (3.85) | (3.96) | (4.13) | (4.99) | (6.20) | (5.92) | (5.56) | (5.82) | (5.58) | (5.47) | (3.99) |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | -- | 0.00 | -- | -- | -- | 0.00 |
| Pretax Income | (3.06) | (5.59) | (2.98) | (3.40) | (3.67) | (3.90) | (3.20) | (2.50) | (2.65) | (3.63) | (4.01) | (4.03) | (4.90) | (6.08) | (5.78) | (5.45) | (5.78) | (5.58) | (4.92) | (3.98) |
| Tax Provision | 0.00 | (0.32) | 0.05 | 0.00 | 0.00 | (0.05) | 0.03 | 0.00 | 0.00 | (0.12) | 0.03 | 0.00 | 0.00 | (0.21) | 0.01 | 0.00 | (0.44) | -- | 0.03 | 0.01 |
| Net Income | (3.06) | (5.27) | (3.03) | (3.40) | (3.67) | (3.85) | (3.23) | (2.50) | (2.65) | (3.51) | (4.03) | (4.03) | (4.90) | (5.87) | (5.79) | (5.45) | (5.34) | (5.58) | (4.95) | (3.99) |
| Basic EPS | (0.33) | (0.59) | (0.34) | (0.40) | (0.44) | (0.47) | (0.37) | (0.31) | (0.38) | (0.53) | (0.47) | (0.68) | (1.03) | (1.24) | (4.46) | (0.08) | (0.08) | -- | -- | -- |
| Diluted EPS | (0.33) | (0.59) | (0.34) | (0.40) | (0.44) | (0.47) | (0.37) | (0.31) | (0.38) | (0.53) | (0.47) | (0.68) | (1.03) | (1.24) | (1.09) | -- | -- | -- | -- | -- |
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 | (3.52) | (3.01) | (1.54) | (1.67) | (0.62) | (4.36) | (1.25) | (1.36) | (1.77) | (2.56) | (3.12) | (2.37) | (3.31) | (5.86) | (4.01) | (4.61) | (3.24) | (4.78) | (4.35) | (3.45) |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.04 | -- | -- | -- | -- | 0.04 | 0.07 | 0.09 | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (3.52) | (3.01) | (1.54) | (1.67) | (0.65) | (4.39) | -- | -- | -- | -- | (3.16) | (2.45) | (3.40) | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | 2.43 | 0.60 | 0.52 | (1.33) | 0.19 | 4.50 | (0.50) | (4.09) | (3.93) | -- | (0.04) | (0.07) | (0.09) | -- | -- | -- | -- | -- | 1.00 | 8.00 |
| Financing Cash Flow | 4.74 | 0.23 | (0.04) | 7.48 | 0.00 | 0.18 | 0.37 | (0.05) | 8.12 | -- | 0.00 | 7.49 | -- | -- | -- | -- | -- | -- | -0.00 | 18.76 |
* Derived from reported values
