Financial Statements — EDIT
Balance Sheet
(in billions 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 | 0.18 | 0.12 | 0.17 | 0.14 | 0.14 | 0.10 | 0.06 | 0.07 | 0.08 | 0.22 | 0.13 | 0.21 | 0.17 | 0.21 | 0.26 | 0.34 | 0.35 |
| Short-term Investments | 0.03 | -- | 0.00 | 0.04 | 0.08 | 0.17 | 0.21 | 0.23 | 0.27 | 0.21 | 0.19 | 0.21 | 0.28 | 0.28 | 0.30 | 0.27 | 0.27 |
| Accounts Receivable | 0.00 | 0.00 | 0.01 | 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 |
| Total Current Assets | 0.22 | 0.13 | 0.18 | 0.18 | 0.22 | 0.27 | 0.29 | 0.31 | 0.36 | 0.44 | 0.32 | 0.43 | 0.46 | 0.50 | 0.57 | 0.62 | 0.63 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Total Non-current Assets* | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.06 | 0.10 | 0.13 | 0.15 | 0.10 | 0.14 | 0.10 | 0.12 | 0.13 | 0.15 | 0.14 | 0.15 |
| Total Assets | 0.24 | 0.15 | 0.20 | 0.21 | 0.26 | 0.33 | 0.38 | 0.44 | 0.50 | 0.54 | 0.46 | 0.53 | 0.58 | 0.62 | 0.72 | 0.76 | 0.78 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 |
| Total Current Liabilities | 0.07 | 0.04 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.05 | 0.06 | 0.04 | 0.04 | 0.04 | 0.05 | 0.07 | 0.06 |
| Long-term Debt | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.06 | 0.11 | 0.13 | 0.13 | 0.13 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 | 0.07 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 |
| Total Liabilities | 0.13 | 0.14 | 0.19 | 0.19 | 0.20 | 0.15 | 0.15 | 0.15 | 0.14 | 0.14 | 0.15 | 0.12 | 0.12 | 0.11 | 0.13 | 0.14 | 0.14 |
| Retained Earnings | (1.67) | (1.65) | (1.62) | (1.60) | (1.54) | (1.42) | (1.36) | (1.29) | (1.21) | (1.17) | (1.13) | (1.02) | (0.96) | (0.91) | (0.82) | (0.78) | (0.72) |
| Total Stockholder Equity | 0.11 | 0.00 | 0.01 | 0.02 | 0.06 | 0.18 | 0.23 | 0.29 | 0.36 | 0.40 | 0.32 | 0.41 | 0.47 | 0.51 | 0.59 | 0.61 | 0.64 |
* 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 | 11.89 | 2.83 | 24.74 | 7.54 | 3.58 | 4.66 | 30.61 | 0.06 | 0.51 | 1.14 | 60.05 | 5.34 | 2.89 | 9.85 | 6.54 | 0.04 | 6.36 | 6.77 | 12.47 | 6.20 |
| Research & Development | 20.18 | 17.60 | 27.40 | 19.77 | 16.18 | 26.59 | 48.61 | 47.64 | 54.21 | 48.79 | 69.56 | 40.51 | 29.78 | 37.80 | 52.00 | 41.33 | 43.66 | 37.98 | 37.55 | 29.27 |
| Selling, General & Admin | 11.60 | 10.23 | 11.35 | 12.32 | 12.86 | 13.38 | 16.35 | 18.09 | 18.21 | 19.34 | 14.46 | 14.99 | 17.20 | 23.01 | 17.99 | 16.24 | 16.94 | 19.55 | 16.53 | 16.18 |
| Total Operating Expenses | 30.44 | 27.83 | 32.50 | 32.09 | 55.12 | 80.82 | 77.20 | 65.73 | 72.42 | 68.13 | 84.01 | 55.50 | 46.98 | 60.81 | 69.98 | 57.56 | 60.60 | 57.52 | 54.08 | 45.45 |
| Operating Income | (18.55) | (25.00) | (7.75) | (24.55) | (51.54) | (76.16) | (46.59) | (65.67) | (71.90) | (66.99) | (23.96) | (50.16) | (44.09) | (50.96) | (63.45) | (57.52) | (54.23) | (50.75) | (41.61) | (39.25) |
| Net Income | (18.23) | (24.98) | (5.62) | (25.12) | (53.23) | (76.09) | (45.39) | (62.14) | (67.61) | (61.95) | (18.87) | (45.02) | (40.29) | (49.04) | (60.74) | (55.73) | (53.45) | (50.51) | (41.44) | (39.08) |
| Basic EPS | (0.15) | (0.26) | 0.03 | (0.28) | (0.63) | (0.92) | (0.55) | (0.75) | (0.82) | (0.76) | (0.20) | (0.55) | (0.56) | (0.71) | (0.88) | (0.81) | (0.78) | (0.74) | (0.61) | (0.57) |
| Diluted EPS | (0.15) | (0.26) | 0.03 | (0.28) | (0.63) | (0.92) | (0.55) | (0.75) | (0.82) | (0.76) | (0.20) | (0.55) | (0.56) | (0.71) | (0.88) | (0.81) | (0.78) | (0.74) | (0.59) | (0.57) |
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 | (29.57) | (23.06) | (36.39) | (30.84) | (50.21) | (47.80) | (50.76) | (52.59) | (57.06) | (49.87) | (22.24) | (35.46) | (38.71) | (35.77) | (42.27) | (48.00) | (37.84) | (49.23) | (34.58) | (40.78) |
| Capital Expenditures | 0.11 | 0.09 | 0.06 | 0.43 | 0.00 | 0.11 | 0.54 | 2.92 | 3.49 | 1.87 | 1.31 | 0.24 | 1.33 | 1.84 | 0.62 | 0.61 | 0.63 | 2.25 | 2.85 | 2.34 |
| Free Cash Flow* | (29.67) | (23.15) | (36.45) | (31.28) | (50.21) | (47.91) | (51.30) | (55.51) | (60.56) | (51.74) | (23.55) | (35.70) | (40.04) | (37.61) | (42.90) | (48.62) | (38.48) | (51.47) | (37.43) | (43.13) |
| Investing Cash Flow | (29.80) | 0.06 | 0.06 | 39.57 | 42.65 | 56.39 | 30.96 | 83.98 | 51.95 | (4.74) | 62.84 | (102.82) | 12.98 | 23.27 | (27.53) | 89.23 | (4.00) | 56.37 | (22.84) | (39.66) |
| Financing Cash Flow | 117.54 | 0.00 | 17.33 | 17.17 | 7.41 | (1.44) | 55.51 | 0.00 | 0.32 | 0.19 | 0.51 | 0.00 | 117.53 | -- | 0.62 | 0.08 | 0.37 | 0.22 | 1.06 | 2.50 |
* Derived from reported values
