Financial Statements — GHRS
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Cash & Equivalents | 246.25 | 100.79 | 78.42 | 165.96 | 276.78 |
| Total Current Assets | 285.98 | 154.23 | 164.09 | 168.54 | 279.84 |
| Total Non-current Assets | 2.25 | 34.05 | 62.21 | 85.82 | 0.08 |
| Total Assets | 288.23 | 188.27 | 226.30 | 254.36 | 279.92 |
| Total Current Liabilities | 8.38 | 8.95 | 6.70 | 4.55 | 2.75 |
| Total Non-current Liabilities* | 0.15 | 0.37 | 0.63 | 0.00 | 0.00 |
| Total Liabilities | 8.53 | 9.32 | 7.33 | 4.55 | 2.75 |
| Retained Earnings | (154.43) | (106.45) | (67.94) | (32.49) | (10.04) |
| Total Stockholder Equity | 279.70 | 178.95 | 218.97 | 249.82 | 277.18 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Research & Development | 38.77 | 35.02 | 29.82 | 20.48 | 8.55 |
| Selling, General & Admin | 21.95 | 15.30 | 11.40 | 10.07 | 6.55 |
| Total Operating Expenses | 60.72 | 50.31 | 41.22 | 30.55 | 15.10 |
| Operating Income | (60.72) | (50.31) | (41.22) | (30.55) | (15.10) |
| Interest Expense | -- | -- | 0.06 | 0.00 | -- |
| Pretax Income | (48.26) | (38.96) | (35.59) | (22.46) | (9.20) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (48.26) | (38.96) | (35.59) | (22.46) | (9.20) |
| Basic EPS | (0.79) | (0.75) | (0.68) | (0.43) | (0.21) |
| Diluted EPS | (0.79) | (0.75) | (0.68) | (0.43) | (0.21) |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Operating Cash Flow | (43.55) | (42.28) | (33.34) | (26.20) | (15.28) |
| Investing Cash Flow | 46.17 | 65.14 | (54.10) | (84.69) | -- |
| Financing Cash Flow | 139.65 | (0.30) | (0.20) | 0.00 | 286.45 |
