Financial Statements — GRND
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | 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 | 6.50 | 23.81 | 6.33 | 120.83 | 255.87 | 39.12 | 16.35 | 21.55 | 29.95 | 22.09 | 33.84 | 0.10 | 0.17 | 0.20 | 0.34 | 0.80 | 1.02 |
| Accounts Receivable | 69.65 | 70.17 | 58.82 | 57.09 | 53.24 | 43.98 | 40.29 | 35.73 | 32.31 | 30.75 | 28.55 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 93.00 | 104.50 | 77.30 | 189.35 | 319.71 | 92.67 | 67.98 | 68.42 | 72.12 | 63.02 | 74.37 | 0.15 | 0.27 | 0.37 | 0.51 | 1.04 | 1.26 |
| Property, Plant & Equipment | 0.79 | 0.95 | 1.46 | 1.51 | 1.56 | 1.65 | 1.55 | 1.58 | 1.52 | 1.73 | 1.86 | -- | -- | -- | -- | -- | -- |
| Goodwill | 275.70 | 275.70 | 275.70 | 275.70 | 275.70 | 275.70 | 275.70 | 275.70 | 275.70 | 275.70 | 275.70 | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 65.84 | 65.84 | 65.85 | 65.85 | 67.61 | 72.99 | 76.10 | 79.22 | 86.55 | 90.77 | 97.24 | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 369.84 | 366.42 | 361.88 | 358.28 | 359.73 | 363.68 | 367.06 | 369.33 | 376.79 | 381.69 | 388.99 | 288.84 | 287.54 | 284.42 | 281.59 | 281.57 | 278.81 |
| Total Assets | 462.84 | 470.92 | 439.19 | 547.62 | 679.45 | 456.35 | 435.04 | 437.75 | 448.91 | 444.71 | 463.36 | 288.99 | 287.82 | 284.79 | 282.10 | 282.61 | 280.06 |
| Accounts Payable | 3.11 | 4.16 | 4.11 | 1.77 | 2.19 | 2.08 | 2.52 | 3.47 | 1.36 | 3.29 | 6.03 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 84.47 | 79.44 | 93.89 | 76.42 | 75.78 | 63.35 | 59.87 | 63.03 | 67.07 | 65.83 | 84.55 | 9.54 | 4.93 | 1.99 | 0.67 | 0.53 | 0.10 |
| Long-term Debt | 386.32 | 391.09 | 279.91 | 283.46 | 287.02 | 294.14 | 297.69 | 315.05 | 343.38 | 342.93 | 360.10 | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 390.10 | 390.64 | 274.35 | 283.51 | 283.85 | 406.40 | 416.92 | 396.73 | 357.70 | 358.08 | 384.45 | 40.07 | 34.32 | 26.71 | 34.14 | 46.61 | 49.92 |
| Total Liabilities | 474.58 | 470.09 | 368.23 | 359.93 | 359.63 | 469.75 | 476.79 | 459.76 | 424.77 | 423.91 | 469.00 | 49.61 | 39.25 | 28.70 | 34.81 | 47.15 | 50.02 |
| Retained Earnings | (52.57) | (70.31) | (117.32) | (148.15) | (164.79) | (67.96) | (92.64) | (70.22) | (16.05) | (15.61) | (37.94) | (49.46) | (38.98) | (28.20) | (34.22) | -- | -- |
| Total Stockholder Equity* | (11.74) | 0.84 | 70.95 | 187.69 | 319.82 | (13.40) | (41.75) | (22.02) | 24.14 | 20.80 | (5.64) | (49.46) | (38.98) | (28.20) | (34.22) | 235.47 | 230.04 |
* 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 |
|---|
| Total Revenue | 138.14 | 129.94 | 125.97 | 115.77 | 104.22 | 93.94 | 97.62 | 89.33 | 82.35 | 75.35 | 72.09 | 70.26 | 61.54 | 55.81 | 54.53 | 50.40 | -- | -- | -- | -- |
| Research & Development | 20.31 | 15.93 | 14.61 | 11.09 | 12.94 | 10.29 | 10.51 | 8.81 | 7.75 | 5.74 | 4.35 | 13.27 | 6.20 | 5.51 | 5.92 | -- | -- | -- | -- | -- |
| Selling, General & Admin | 49.87 | 37.70 | 47.31 | 29.26 | 36.46 | 30.24 | 38.35 | 24.98 | 24.80 | 26.61 | 27.89 | 16.42 | 17.16 | 18.95 | 21.36 | -- | -- | -- | -- | -- |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.73 | 3.04 | 1.21 | 0.26 | 0.67 |
| Operating Income | 32.50 | 42.73 | 31.31 | 45.24 | 24.35 | 25.39 | 20.40 | 28.39 | 24.56 | 19.26 | 16.36 | 16.57 | 13.93 | 8.59 | 22.01 | (4.73) | (3.04) | (1.21) | (0.26) | (0.67) |
| Pretax Income | 22.89 | 35.92 | 25.83 | 39.92 | 21.29 | 31.57 | (124.38) | 30.27 | (17.46) | (6.73) | (43.46) | 0.84 | 8.28 | (17.40) | 0.72 | -- | -- | -- | -- | -- |
| Tax Provision | 5.15 | 9.17 | 5.57 | 9.09 | 4.65 | 4.55 | (0.53) | 5.59 | 4.97 | 2.68 | 1.30 | 1.27 | (14.05) | 15.50 | (0.86) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 17.74 | 26.75 | 20.26 | 30.83 | 16.64 | 27.02 | (123.85) | 24.68 | (22.42) | (9.41) | (44.76) | (0.44) | 22.33 | (32.90) | 9.55 | (9.18) | (7.52) | 8.01 | 0.37 | 11.83 |
| Basic EPS | 0.10 | 0.15 | 0.07 | 0.16 | 0.08 | 0.14 | (0.70) | 0.14 | (0.13) | (0.05) | (0.26) | 0.00 | 0.13 | (0.19) | 0.04 | -- | -- | -- | -- | -- |
| Diluted EPS | 0.10 | 0.14 | 0.10 | 0.16 | 0.08 | 0.09 | (0.65) | 0.09 | (0.13) | (0.05) | (0.26) | 0.00 | 0.13 | (0.19) | 0.04 | -- | -- | -- | -- | -- |
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 | 40.81 | 33.47 | 24.76 | 55.45 | 37.52 | 23.79 | 29.53 | 29.13 | 15.85 | 20.45 | 13.03 | 8.33 | 6.28 | 8.50 | 52.34 | (0.17) | (0.66) | (0.87) | (0.32) | (0.47) |
| Capital Expenditures | 0.00 | 0.03 | 0.22 | 0.21 | 0.19 | 0.12 | 0.25 | 0.32 | 0.18 | 0.20 | 0.27 | 0.15 | 0.06 | 0.03 | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | 40.81 | 33.43 | 24.54 | 55.24 | 37.33 | 23.67 | 29.29 | 28.80 | 15.67 | 20.25 | 12.76 | 8.19 | 6.22 | 8.47 | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (6.84) | (1.61) | (2.90) | (4.21) | (0.88) | (0.63) | (1.26) | (1.24) | (1.70) | (1.15) | (0.74) | (0.91) | (1.08) | (1.49) | (2.82) | 0.00 | (2.76) | -- | (2.76) | 0.00 |
| Financing Cash Flow | (51.27) | (95.09) | 58.86 | (165.74) | (171.68) | 173.55 | (8.24) | (5.11) | (19.36) | (26.15) | (14.63) | 0.44 | (16.95) | 18.10 | (56.65) | 0.10 | 3.39 | 1.05 | 2.76 | 0.00 |
* Derived from reported values
