Financial Statements — GIGM
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 28.74 | 34.78 | 38.47 | 38.79 | 41.46 | 45.70 | 57.74 |
| Short-term Investments | 4.64 | -- | -- | 7.95 | -- | -- | -- |
| Accounts Receivable | 0.11 | 0.14 | 0.23 | 0.20 | 0.27 | 0.28 | 0.37 |
| Total Current Assets | 34.71 | 35.43 | 39.21 | 47.83 | 42.58 | 46.53 | 58.89 |
| Property, Plant & Equipment | 0.09 | 0.10 | 0.11 | 0.10 | 0.09 | 0.02 | -- |
| Intangible Assets | 0.00 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 | -- |
| Total Non-current Assets* | 4.49 | 6.93 | 7.29 | 4.31 | 12.94 | 10.50 | 0.33 |
| Total Assets | 39.20 | 42.36 | 46.50 | 52.14 | 55.52 | 57.02 | 59.22 |
| Accounts Payable | 0.06 | 0.04 | 0.04 | 0.05 | 0.12 | 0.07 | 0.06 |
| Total Current Liabilities | 2.07 | 1.93 | 2.46 | 2.64 | 3.22 | 2.92 | 3.58 |
| Total Non-current Liabilities* | 0.09 | 0.08 | 0.50 | 0.89 | 1.45 | 0.00 | 0.09 |
| Total Liabilities | 2.16 | 2.02 | 2.96 | 3.53 | 4.67 | 2.93 | 3.68 |
| Retained Earnings | (245.68) | (244.13) | (241.83) | (238.43) | (235.68) | (232.25) | (230.96) |
| Total Stockholder Equity | 37.05 | 40.34 | 43.54 | 48.61 | 50.85 | 54.10 | 55.54 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 3.47 | 2.97 | 4.29 | 5.59 | 5.49 | 6.88 | 6.65 |
| Cost of Revenue | 1.65 | 1.49 | 1.85 | 2.34 | 2.58 | 2.96 | 3.06 |
| Gross Profit | 1.82 | 1.48 | 2.45 | 3.25 | 2.91 | 3.92 | 3.58 |
| Research & Development | 0.66 | 0.69 | 0.73 | 1.11 | 1.45 | 1.33 | 1.19 |
| Selling, General & Admin | 3.08 | 3.03 | 3.24 | 3.52 | 3.70 | 3.12 | 3.18 |
| Total Operating Expenses | 5.42 | 5.18 | 5.60 | 6.27 | 6.88 | 6.07 | 6.60 |
| Operating Income | (3.60) | (3.70) | (3.15) | (3.02) | (3.97) | (2.15) | (3.01) |
| Pretax Income | (1.55) | (2.30) | (3.40) | (2.75) | (3.42) | (1.29) | (1.66) |
| Tax Provision | 0.00 | -- | -- | -- | -- | -- | -- |
| Net Income | (1.55) | (2.30) | (3.40) | (2.75) | (3.42) | (1.29) | (1.66) |
| Basic EPS | (0.14) | (0.21) | (0.31) | (0.25) | -- | -- | -- |
| Diluted EPS | (0.14) | (0.21) | (0.31) | (0.25) | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Operating Cash Flow | (1.97) | (2.33) | (1.19) | (2.51) | (4.13) | (2.08) | (1.57) |
| Capital Expenditures | 0.04 | 0.05 | 0.05 | 0.05 | 0.08 | 0.02 | 0.05 |
| Free Cash Flow* | (2.02) | (2.38) | (1.25) | (2.56) | (4.21) | (2.10) | (1.61) |
| Investing Cash Flow | (4.26) | (1.11) | 0.84 | (0.07) | (0.02) | (10.04) | (0.07) |
* Derived from reported values
