Financial Statements — ELWT
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 |
|---|
| Cash & Equivalents | 1.18 | 3.53 | 0.76 |
| Accounts Receivable | 3.56 | 3.19 | 3.17 |
| Inventory | 2.90 | 1.03 | 1.84 |
| Total Current Assets | 8.22 | 8.41 | 6.20 |
| Property, Plant & Equipment | 0.05 | -- | -- |
| Total Non-current Assets* | 1.88 | 1.51 | 1.49 |
| Total Assets | 10.10 | 9.92 | 7.70 |
| Accounts Payable | 1.78 | 1.09 | 2.74 |
| Total Current Liabilities | 9.12 | 6.46 | 10.63 |
| Long-term Debt | -- | -- | 4.17 |
| Total Non-current Liabilities* | 1.74 | 1.18 | 3.51 |
| Total Liabilities | 10.86 | 7.64 | 14.14 |
| Retained Earnings | (19.89) | (16.75) | (12.30) |
| Total Stockholder Equity | (0.76) | 2.28 | (6.44) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 |
|---|
| Total Revenue | 2.86 | 4.43 | 6.07 | 4.78 |
| Cost of Revenue | 2.41 | 3.60 | 5.55 | 3.36 |
| Gross Profit | 0.44 | 0.83 | 0.52 | 1.42 |
| Research & Development | -- | -- | 0.01 | 0.01 |
| Selling, General & Admin | 3.39 | 2.88 | 2.68 | 1.73 |
| Total Operating Expenses | 3.54 | 3.03 | 2.77 | 1.77 |
| Operating Income | (3.10) | (2.20) | (2.24) | (0.35) |
| Pretax Income | (3.13) | (2.16) | (2.29) | (0.64) |
| Tax Provision | 0.00 | 0.00 | (0.02) | 0.00 |
| Net Income | (3.13) | (2.16) | (2.29) | (0.64) |
| Basic EPS | (0.47) | (0.33) | (0.69) | (0.13) |
| Diluted EPS | (0.47) | (0.33) | (0.69) | (0.13) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 |
|---|
| Operating Cash Flow | (2.67) | (2.49) | (4.40) | (1.54) |
| Capital Expenditures | 0.05 | -- | -- | -- |
| Free Cash Flow* | (2.72) | -- | -- | -- |
| Investing Cash Flow | (0.05) | -- | -- | 0.25 |
| Financing Cash Flow | 0.37 | (0.13) | 9.80 | 1.78 |
* Derived from reported values
