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Financial Statements — GITS
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.16 | 0.00 | 0.01 | 0.04 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 5.43 | 11.71 | 10.00 |
| Accounts Receivable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | 0.32 | 0.30 | 0.31 | 0.32 | 0.37 | 0.40 |
| Total Current Assets | 1.19 | 0.03 | 0.04 | 0.12 | 0.03 | 0.00 | 0.00 | 17.16 | 16.39 | 16.93 | 17.62 | 17.19 | 12.17 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.33 | 0.37 | 0.43 | 0.63 | 0.80 | 0.76 |
| Intangible Assets | 2.65 | 2.84 | 3.03 | 4.40 | 4.82 | 4.70 | 4.94 | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 3.74 | 4.08 | 4.33 | 5.76 | 6.28 | 6.11 | 6.40 | 2.26 | 2.37 | 2.57 | 2.93 | 3.24 | 3.26 |
| Total Assets | 4.94 | 4.12 | 4.38 | 5.88 | 6.31 | 6.11 | 6.40 | 19.42 | 18.76 | 19.50 | 20.54 | 20.43 | 15.44 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.57 | 0.58 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | 0.02 | 1.89 | -- | 0.23 | 0.24 | 0.24 |
| Total Current Liabilities | 1.16 | 1.16 | 0.93 | 0.63 | 0.52 | 0.72 | 0.67 | 8.80 | 8.19 | 8.02 | 7.48 | 6.59 | 3.12 |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.78 | 3.43 |
| Total Liabilities | 1.16 | 1.16 | 0.93 | 0.63 | 0.52 | 0.72 | 0.67 | 8.80 | 8.19 | 8.02 | 7.48 | 7.37 | 6.55 |
| Retained Earnings | (43.94) | (43.03) | (42.53) | (39.69) | (39.15) | (38.47) | (37.90) | (40.99) | (40.50) | (39.94) | (38.89) | (38.74) | (35.68) |
| Total Stockholder Equity* | 3.78 | 2.95 | 3.44 | 5.25 | 5.79 | 5.39 | 5.74 | 10.62 | 10.57 | 11.48 | 13.07 | 13.38 | 9.12 |
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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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 | 0.00 | (0.55) | 0.71 | 0.63 |
| Cost of Revenue* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 | 0.00 | (0.76) | 0.44 | 0.39 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 | 0.00 | 0.21 | 0.27 | 0.24 |
| Selling, General & Admin | 0.47 | 0.25 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 0.72 | 0.50 | 0.66 | 0.54 | 1.24 | 1.10 | -- | 0.37 | 0.64 | 2.81 | 1.40 | 1.80 | 1.50 |
| Operating Income | (0.72) | (0.50) | (0.66) | (0.54) | (0.68) | (0.56) | 1.22 | (0.37) | (0.64) | (1.10) | (1.19) | (3.30) | (2.99) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -0.00 |
| Pretax Income | (0.91) | (0.50) | (2.85) | (0.54) | (0.68) | (0.57) | (2.68) | (0.49) | (0.56) | (1.05) | 0.97 | (3.10) | (2.99) |
| Net Income | (0.91) | (0.50) | (2.85) | (0.54) | (0.68) | (0.57) | (4.07) | (0.49) | (0.56) | (1.05) | (0.12) | (3.10) | (2.99) |
| Basic EPS | (0.25) | (0.14) | (1.06) | (0.17) | (0.01) | (0.20) | (2.30) | (0.01) | (0.01) | (0.02) | 0.03 | (0.06) | (0.07) |
| Diluted EPS | (0.25) | (0.14) | (0.85) | (0.17) | (0.22) | (0.20) | (2.30) | (0.01) | (0.01) | (0.02) | 0.03 | (0.06) | (0.07) |
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* Derived from reported values
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (0.51) | (0.05) | (0.06) | (0.17) | (0.43) | (0.10) | 0.20 | (0.17) | (0.09) | (0.40) | -- | (5.83) | (5.62) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.48 | (0.01) | 0.17 | 0.55 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.89) | -- | (5.99) | (6.17) |
| Investing Cash Flow | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.96) | (0.32) |
| Financing Cash Flow | 1.65 | 0.05 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 8.49 | 15.80 |
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* Derived from reported values