Financial Statements — GLGI
Balance Sheet
(in millions USD)| Metric | Q3 2026 | Q1 2026 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | -- | -- | -- | -- | -- | -- | -- | 0.88 | 1.02 | 2.93 | 7.98 | 13.99 | 2.89 | 0.58 | 0.75 | 0.82 |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | 5.07 | 4.39 | 4.73 | 5.59 | 4.73 | 5.17 | 4.38 | 4.09 | 4.19 |
| Inventory | 2.76 | 3.48 | 2.81 | 3.72 | 3.19 | 3.50 | 5.31 | 4.83 | 5.26 | 6.34 | 4.29 | 4.38 | 3.12 | 3.45 | 3.23 | 3.35 |
| Total Current Assets | 6.83 | 9.54 | 6.90 | 13.93 | 13.91 | 13.63 | 12.70 | 11.54 | 13.40 | 14.29 | 18.60 | 23.51 | 11.36 | 8.59 | 8.28 | 8.48 |
| Property, Plant & Equipment | 0.00 | 0.01 | 0.00 | 0.04 | 0.02 | 0.03 | 0.07 | 28.52 | 0.07 | 4.80 | 32.10 | 29.86 | 30.65 | 31.78 | 32.43 | 33.13 |
| Total Non-current Assets* | 32.05 | 34.12 | 33.50 | 37.58 | 35.80 | 36.94 | 37.88 | 33.92 | 37.08 | 34.92 | 32.16 | 29.93 | 30.74 | 31.90 | 32.57 | 33.29 |
| Total Assets | 38.87 | 43.66 | 40.39 | 51.51 | 49.71 | 50.57 | 50.58 | 45.46 | 50.47 | 49.20 | 50.76 | 53.45 | 42.10 | 40.50 | 40.86 | 41.77 |
| Accounts Payable | 2.94 | 3.91 | 2.29 | 3.94 | 3.95 | 2.81 | 4.15 | 4.88 | 3.64 | 8.24 | 7.76 | 4.59 | 4.45 | 4.72 | 3.70 | 4.00 |
| Total Current Liabilities | 14.98 | 6.57 | 5.90 | 6.60 | 8.31 | 6.64 | 6.84 | 7.54 | 6.40 | 13.01 | 22.50 | 26.10 | 14.67 | 12.55 | 12.38 | 12.34 |
| Long-term Debt | 11.70 | 10.54 | 10.89 | 12.87 | 11.65 | 12.27 | 15.12 | 14.74 | 14.58 | 16.55 | 14.21 | 12.82 | 12.33 | 17.70 | 19.08 | 20.61 |
| Total Non-current Liabilities* | 10.10 | 18.44 | 17.90 | 20.74 | 19.38 | 20.10 | 22.59 | 19.75 | 22.12 | 21.29 | 15.45 | 14.72 | 14.42 | 18.60 | 19.76 | 21.58 |
| Total Liabilities* | 25.09 | 25.01 | 23.80 | 27.34 | 27.69 | 26.75 | 29.44 | 27.29 | 28.52 | 34.29 | 37.96 | 40.81 | 29.09 | 31.14 | 32.14 | 33.93 |
| Retained Earnings | (33.60) | (28.73) | (30.80) | (29.37) | (28.86) | (29.71) | (32.40) | (35.37) | (31.58) | (38.62) | (40.73) | (41.18) | (40.81) | (44.44) | (45.07) | (45.95) |
| Total Stockholder Equity* | 13.79 | 18.65 | 16.59 | 24.17 | 22.03 | 23.82 | 21.14 | 18.17 | 21.96 | 14.91 | 12.80 | 12.63 | 13.01 | 9.35 | 8.72 | 7.85 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4 2026 | Q3 2026 | Q1 2026 | Q4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 5.56 | 3.47 | 10.73 | 17.96 | 7.77 | 13.46 | 14.79 | 14.32 | 12.14 | 17.41 | 16.13 | 13.58 | 15.60 | 18.95 | 21.10 | 22.45 | 15.84 | 14.77 | 17.32 | 14.51 |
| Cost of Revenue | 5.89 | 4.93 | 10.41 | 14.50 | 8.12 | 11.56 | 12.12 | 11.58 | 10.75 | 13.37 | 12.84 | 11.22 | 12.46 | 16.49 | 18.48 | 19.73 | 14.87 | 13.31 | 14.48 | 11.95 |
| Gross Profit | (0.33) | (1.46) | 0.32 | 3.46 | (0.35) | 1.90 | 2.67 | 2.74 | 1.38 | 4.04 | 3.29 | 2.36 | 3.14 | 2.46 | 2.62 | 2.72 | 0.98 | 1.46 | 2.84 | 2.56 |
| Selling, General & Admin | 1.86 | 1.20 | 1.54 | 1.35 | 1.34 | 1.82 | 1.30 | 1.37 | 1.36 | 1.21 | 1.18 | 1.61 | 1.37 | 1.11 | 1.17 | 1.68 | 1.13 | 1.22 | 1.56 | 1.17 |
| Total Operating Expenses* | 1.86 | 1.20 | 1.54 | 1.35 | 1.34 | 1.08 | 0.71 | 1.37 | 1.36 | 1.11 | 1.18 | 1.61 | 1.37 | 1.11 | 1.17 | 1.68 | 1.13 | 1.22 | 1.56 | 1.17 |
| Operating Income | (2.19) | (2.66) | (1.22) | 2.11 | (1.69) | 0.82 | 1.96 | 1.36 | 0.02 | 2.83 | 2.11 | 0.75 | 1.76 | 1.36 | 1.45 | 1.04 | (0.16) | 0.24 | 1.28 | 1.39 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.34 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (2.40) | (2.90) | (1.45) | 1.95 | (1.93) | 0.55 | 1.68 | 1.16 | (0.20) | 2.49 | 3.52 | 3.89 | 1.43 | 1.71 | 1.49 | 0.84 | (0.36) | 3.12 | 1.03 | 1.13 |
| Tax Provision | (0.13) | (0.10) | (0.35) | 0.70 | 0.14 | 0.21 | (0.34) | 0.19 | 0.00 | 0.75 | 2.01 | 0.20 | 0.47 | 0.34 | 0.44 | 0.23 | (0.13) | (0.01) | 0.22 | 0.35 |
| Net Income | (2.27) | (2.80) | -- | -- | (2.06) | -- | 2.02 | 0.97 | (0.20) | -- | 1.51 | 3.70 | (0.19) | 1.37 | 1.05 | 0.60 | (0.23) | 3.12 | 0.81 | 0.78 |
| Basic EPS | -- | (0.10) | (0.04) | 0.04 | (0.08) | 0.01 | 0.07 | 0.03 | (0.01) | 0.06 | 0.05 | 0.13 | 0.03 | 0.04 | 0.03 | 0.02 | (0.01) | 0.10 | 0.03 | 0.02 |
| Diluted EPS | -- | (0.10) | (0.04) | 0.04 | (0.08) | 0.01 | 0.06 | 0.03 | (0.01) | 0.05 | 0.05 | 0.12 | 0.03 | 0.04 | 0.03 | 0.02 | (0.01) | 0.09 | 0.02 | 0.02 |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q4 2026 | Q3 2026 | Q1 2026 | 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 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (1.49) | 0.00 | 1.91 | (0.95) | 2.10 | 3.12 | 2.85 | (0.19) | 5.23 | 3.47 | 0.41 | 7.73 | (3.30) | (2.55) | (3.29) | 12.10 | 0.38 | 6.62 | 2.76 | 2.63 |
| Capital Expenditures | 0.18 | 1.80 | 0.44 | (1.90) | 3.34 | 0.76 | 0.54 | 3.85 | 0.67 | 5.98 | 3.20 | 1.35 | 1.15 | 1.25 | 3.34 | 0.88 | 0.66 | 0.65 | 0.96 | 0.55 |
| Free Cash Flow* | (1.66) | (1.79) | 1.47 | 0.94 | (1.24) | 2.36 | 2.31 | (4.03) | 4.56 | (2.51) | (2.79) | 6.38 | (4.46) | (3.80) | (6.63) | 11.22 | (0.28) | 5.96 | 1.80 | 2.08 |
| Investing Cash Flow | (0.18) | (1.80) | (0.44) | (1.44) | -- | (0.76) | (2.04) | -- | (0.67) | (5.92) | (3.20) | (1.35) | (1.15) | (1.25) | (3.34) | (0.88) | (0.61) | -- | -- | -- |
| Financing Cash Flow | 1.96 | 0.47 | (0.67) | (0.33) | (0.68) | (0.88) | (3.41) | 0.77 | (2.20) | 2.28 | 0.53 | (2.90) | 4.25 | (1.04) | 0.62 | (0.12) | (1.27) | (2.16) | (1.97) | (2.15) |
* Derived from reported values