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Financial Statements — GALT
Balance Sheet
(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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 13.27 | 14.11 | 17.72 | 11.53 | 13.77 | 7.43 | 15.12 | 27.06 | 25.60 | 23.56 | 25.66 | 20.36 | 17.97 | 17.80 | 18.59 | 15.83 | 24.18 | 31.61 | 39.65 | 36.60 |
| Total Current Assets | 14.66 | 15.69 | 19.44 | 12.73 | 15.43 | 9.29 | 17.25 | 28.67 | 27.29 | 25.46 | 27.71 | 21.61 | 19.47 | 19.55 | 20.55 | 17.12 | 25.79 | 33.51 | 41.82 | 38.00 |
| Property, Plant & Equipment | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | 0.00 | -- |
| Total Non-current Assets* | 0.17 | 0.07 | 0.10 | 0.14 | 0.18 | 0.24 | 0.24 | 0.31 | 0.37 | 0.43 | 0.49 | 0.55 | 0.61 | 0.67 | 0.73 | 0.79 | 0.10 | 0.11 | 0.01 | 0.04 |
| Total Assets | 14.83 | 15.76 | 19.53 | 12.87 | 15.60 | 9.53 | 17.50 | 28.97 | 27.66 | 25.89 | 28.20 | 22.16 | 20.08 | 20.23 | 21.29 | 17.91 | 25.89 | 33.62 | 41.83 | 38.04 |
| Accounts Payable | 3.73 | 3.12 | 3.25 | 5.39 | 5.87 | 6.53 | 5.66 | 2.80 | 3.70 | 3.80 | 6.43 | 2.68 | 1.98 | 2.55 | 3.89 | 2.35 | 2.96 | 1.91 | 1.81 | 1.92 |
| Total Current Liabilities | 151.62 | 7.31 | 8.03 | 136.45 | 10.77 | 110.84 | 35.41 | 25.26 | 14.62 | 12.63 | 15.68 | 10.52 | 9.95 | 11.53 | 13.01 | 9.59 | 10.89 | 9.54 | 9.03 | 8.30 |
| Total Non-current Liabilities* | 0.06 | 138.69 | 137.70 | 0.00 | 122.00 | 10.95 | 85.16 | 96.20 | 95.19 | 84.34 | 72.77 | 62.51 | 61.26 | 51.34 | 40.47 | 30.66 | 30.22 | 30.27 | 30.18 | 20.49 |
| Total Liabilities | 151.68 | 146.00 | 145.73 | 136.45 | 132.77 | 121.79 | 120.57 | 121.45 | 109.80 | 96.98 | 88.44 | 73.04 | 71.21 | 62.87 | 53.48 | 40.25 | 41.11 | 39.81 | 39.21 | 28.79 |
| Retained Earnings | (446.79) | (437.61) | (432.55) | (426.98) | (418.76) | (411.18) | (401.57) | (389.54) | (378.30) | (365.87) | (354.37) | (344.31) | (330.27) | (321.09) | (309.57) | (298.87) | (290.29) | (280.61) | (270.69) | (263.41) |
| Total Stockholder Equity | (138.57) | (131.96) | (127.92) | (125.30) | (118.89) | (113.98) | (104.79) | (94.20) | (83.87) | (72.81) | (61.96) | (52.60) | (52.85) | (44.37) | (33.92) | (24.06) | (16.95) | (7.92) | 0.89 | 7.53 |
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* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research & Development | 2.13 | 2.23 | 1.93 | 2.61 | 3.26 | 6.49 | 11.11 | 7.60 | 9.81 | 8.05 | 8.23 | 7.73 | 7.37 | 8.80 | 9.01 | 6.60 | 8.07 | 8.06 | 5.86 | 6.61 |
| Selling, General & Admin | 1.85 | 1.85 | 1.43 | 1.59 | 1.36 | 1.41 | 1.32 | 1.47 | 1.48 | 1.59 | 1.33 | 1.43 | 1.63 | 1.54 | 1.63 | 1.52 | 1.59 | 1.88 | 1.57 | 1.63 |
| Total Operating Expenses | 3.98 | 4.08 | 3.37 | 4.20 | 4.63 | 7.90 | 12.43 | 9.07 | 11.29 | 9.65 | 9.56 | 9.17 | 9.00 | 10.34 | 10.63 | 8.12 | 9.66 | 9.94 | 7.43 | 8.24 |
| Operating Income | (3.98) | (4.08) | (3.36) | (4.20) | (4.62) | (7.90) | (12.43) | (9.07) | (11.29) | (9.65) | (9.56) | (9.17) | (9.00) | (10.34) | (10.63) | (8.12) | (9.66) | (9.93) | (7.42) | (8.24) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.05 | 0.85 | 0.84 | 0.65 | 0.46 | 0.31 | 0.27 | 0.23 | 0.23 | 0.27 | 0.11 |
| Net Income | (9.11) | (5.05) | (5.50) | (8.18) | (7.52) | (9.63) | (11.97) | (11.22) | (12.37) | (11.49) | (10.00) | (10.43) | (9.11) | (11.53) | (10.63) | (8.60) | (9.61) | (9.93) | (7.22) | (8.52) |
| Basic EPS | (0.14) | (0.08) | (0.08) | (0.13) | (0.12) | (0.15) | (0.19) | (0.18) | (0.20) | (0.19) | (0.16) | (0.24) | (0.15) | (0.19) | (0.18) | (0.14) | (0.16) | (0.17) | (0.12) | (0.14) |
| Diluted EPS | (0.14) | (0.08) | (0.08) | (0.13) | (0.12) | (0.15) | (0.19) | (0.18) | (0.20) | (0.19) | (0.16) | (0.24) | (0.15) | (0.19) | (0.18) | (0.14) | (0.16) | (0.17) | (0.12) | (0.14) |
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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 | (2.44) | (3.87) | (6.04) | (3.54) | (6.60) | (7.69) | (12.79) | (8.54) | (8.33) | (12.10) | (4.70) | (7.64) | (9.83) | (10.79) | (7.24) | (8.35) | (7.43) | (8.04) | (6.95) | (5.00) |
| Financing Cash Flow | 1.60 | 0.26 | 12.24 | 1.30 | 12.94 | 0.00 | 0.85 | 10.00 | 10.38 | 10.00 | 10.00 | 10.03 | 10.00 | 10.00 | 10.00 | 0.00 | 0.00 | 0.00 | 10.00 | 10.00 |
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