Financial Statements — HLP
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Cash & Equivalents | 0.92 | 0.93 | 0.68 |
| Short-term Investments | -- | -- | 0.26 |
| Accounts Receivable | 9.05 | 6.41 | 6.48 |
| Inventory | 1.86 | 2.32 | 2.80 |
| Total Current Assets | 14.07 | 12.00 | 12.14 |
| Property, Plant & Equipment | 10.32 | 10.77 | 10.85 |
| Intangible Assets | 4.47 | 4.50 | 4.06 |
| Total Non-current Assets* | 53.78 | 20.70 | 19.01 |
| Total Assets | 67.84 | 32.70 | 31.16 |
| Accounts Payable | 1.67 | 0.01 | 1.59 |
| Short-term Debt | 9.40 | 6.61 | -- |
| Total Current Liabilities | 12.27 | 8.33 | 7.27 |
| Long-term Debt | 3.31 | 3.69 | -- |
| Total Non-current Liabilities* | 0.07 | 3.68 | 3.30 |
| Total Liabilities | 12.34 | 12.01 | 10.57 |
| Retained Earnings | 12.71 | 11.70 | 13.54 |
| Total Stockholder Equity | 55.51 | 20.69 | 20.58 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Total Revenue | 9.59 | 6.96 | 8.92 |
| Cost of Revenue | 6.30 | 4.66 | 5.87 |
| Gross Profit | 3.29 | 2.30 | 3.05 |
| Research & Development | 0.48 | 0.43 | -- |
| Selling, General & Admin | 2.01 | 4.00 | 2.26 |
| Total Operating Expenses | 2.01 | 4.00 | 2.26 |
| Operating Income | 1.28 | (1.69) | 0.78 |
| Interest Expense | -- | -- | 0.41 |
| Pretax Income | 1.16 | (1.89) | 0.86 |
| Tax Provision | 0.17 | 0.01 | -- |
| Net Income | 0.99 | (1.90) | 0.80 |
| Basic EPS | 0.01 | (0.15) | 0.07 |
| Diluted EPS | 0.01 | (0.15) | 0.07 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Operating Cash Flow | (0.28) | (1.22) | (1.04) |
| Capital Expenditures | 0.10 | 0.11 | 0.17 |
| Free Cash Flow* | (0.38) | (1.33) | (1.22) |
| Investing Cash Flow | (0.06) | (0.38) | 0.30 |
| Financing Cash Flow | 0.32 | 1.74 | (0.37) |
* Derived from reported values
