Financial Statements — EQS
Balance Sheet
(in millions USD)| Metric | 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 | 0.33 | 0.07 | 0.67 | 1.15 | 1.88 | 3.05 | 13.67 | 16.41 | 17.70 | 20.09 | 21.56 | 22.30 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | 17.99 | 12.99 | 9.99 | 4.00 | 4.00 | 3.00 |
| Total Assets | 31.40 | 37.07 | 36.48 | 95.51 | 103.84 | 99.14 | 65.54 | 53.10 | 44.49 | 40.61 | 41.52 | 40.94 |
| Accounts Payable | 0.26 | 0.56 | 0.27 | 0.25 | 0.11 | 0.17 | 0.11 | 0.05 | 0.36 | 0.08 | 0.07 | 0.20 |
| Total Liabilities | 4.90 | 2.96 | 2.29 | 55.34 | 54.05 | 53.25 | 18.41 | 13.05 | 10.38 | 4.38 | 4.37 | 3.50 |
| Retained Earnings | (49.53) | (41.43) | (41.35) | (34.63) | (25.01) | (28.91) | (27.57) | (34.65) | (40.59) | (38.47) | (37.54) | (37.26) |
| Total Stockholder Equity* | 26.50 | 34.11 | 34.20 | 40.17 | 49.79 | 45.89 | 47.13 | 40.05 | 34.11 | 36.23 | 37.16 | 37.44 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 |
|---|
| Selling, General & Admin | 0.04 | 0.04 | 0.06 | 0.05 | -- | 0.04 | 0.06 | 0.03 | -- | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 |
| Total Operating Expenses | 0.89 | 1.75 | 0.97 | 1.45 | 0.99 | 1.02 | 1.21 | 1.37 | 1.09 | 1.18 | 0.88 | 1.14 | 0.99 | 0.93 | 0.78 | 0.93 |
| Interest Expense | 0.19 | 0.41 | 0.05 | 0.03 | 0.01 | 0.06 | 0.03 | 0.03 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Pretax Income* | (9.91) | (8.10) | (0.08) | -- | (10.65) | (9.62) | 1.52 | (2.38) | 1.06 | 7.08 | 5.95 | -- | (0.98) | (0.92) | (0.28) | -- |
| Tax Provision | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | -- | 0.01 | 0.00 | 0.00 | 0.00 |
| Net Income | (9.92) | (8.10) | (0.09) | -- | (10.65) | (9.63) | 1.51 | (2.39) | 1.06 | 7.08 | 5.95 | (1.13) | (0.99) | (0.92) | (0.28) | -- |
| Basic EPS | -- | (0.59) | (0.01) | 0.30 | -- | -- | 0.29 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | -- | (0.59) | (0.01) | 0.25 | -- | (0.70) | -- | (0.17) | -- | 0.52 | 0.44 | (0.08) | -- | (0.07) | (0.02) | 0.08 |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | 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 | (0.20) | 0.26 | (0.60) | (1.59) | 53.56 | (1.77) | (2.14) | (11.42) | (33.94) | (7.68) | (4.26) | (5.48) | (2.85) | (1.46) | (1.73) | (1.66) |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 2.00 | (54.99) | 1.05 | 0.97 | 8.02 | 27.07 | 5.00 | 3.00 | 3.99 | 2.00 | -0.00 | 1.00 | 0.50 |
