Financial Statements — HOUR
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 |
|---|
| Cash & Equivalents | -- | -- | -- | -- | -- | -- | -- | 2.92 | 0.56 | 1.12 | 1.27 | 1.70 | 2.31 | 7.66 |
| Accounts Receivable | 2.71 | 0.87 | 0.55 | 0.48 | 0.39 | 0.55 | 0.75 | 0.54 | 0.74 | 0.32 | 0.34 | 0.26 | 0.15 | 0.12 |
| Inventory | 20.85 | 21.09 | 28.88 | 20.94 | 15.89 | 29.08 | 14.66 | 11.62 | 23.73 | 14.42 | 13.57 | 21.36 | 14.60 | 11.77 |
| Total Current Assets | 25.69 | 23.76 | 31.04 | 22.27 | 18.16 | 31.58 | 19.23 | 15.51 | 26.18 | 16.73 | 16.02 | 24.18 | 17.89 | 20.38 |
| Property, Plant & Equipment | 0.08 | 0.09 | 0.08 | 0.04 | 0.04 | 0.08 | 0.10 | 0.13 | 0.18 | 0.21 | 0.25 | 0.24 | 0.16 | 0.13 |
| Total Non-current Assets* | 0.49 | 0.63 | 0.58 | 0.69 | 0.92 | 0.82 | 0.99 | 1.24 | 1.43 | 1.60 | 1.61 | 1.07 | 0.97 | 0.83 |
| Total Assets | 26.18 | 24.39 | 31.62 | 22.96 | 19.08 | 32.40 | 20.22 | 16.75 | 27.61 | 18.33 | 17.64 | 25.25 | 18.86 | 21.21 |
| Accounts Payable | 8.45 | 9.78 | 15.41 | 8.58 | 6.86 | 15.45 | 5.69 | 3.42 | 16.91 | 7.45 | 6.02 | 11.01 | 5.36 | 7.61 |
| Total Current Liabilities | 17.26 | 16.50 | 23.88 | 15.72 | 13.26 | 21.55 | 9.87 | 7.01 | 18.60 | 9.29 | 7.75 | 17.59 | 11.34 | 13.38 |
| Total Non-current Liabilities* | 0.04 | 0.08 | 0.07 | 0.08 | 0.00 | 4.17 | 4.17 | 4.19 | 4.18 | 4.19 | 4.27 | 0.15 | 0.18 | 0.21 |
| Total Liabilities | 17.30 | 16.58 | 23.95 | 15.80 | 13.26 | 25.72 | 14.04 | 11.21 | 22.78 | 13.47 | 12.02 | 17.74 | 11.52 | 13.59 |
| Retained Earnings | 2.98 | 1.93 | 1.77 | 1.24 | 0.06 | 0.93 | 0.46 | (0.19) | (0.84) | (0.83) | (0.06) | 1.85 | 1.70 | 2.01 |
| Total Stockholder Equity | 8.89 | 7.81 | 7.67 | 7.16 | 5.82 | 6.69 | 6.18 | 5.54 | 4.83 | 4.85 | 5.62 | 7.51 | 7.33 | 7.62 |
* 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 |
|---|
| Total Revenue | 33.94 | 29.93 | 56.08 | 33.42 | 27.10 | 25.84 | 54.43 | 31.08 | 28.07 | 24.68 | 59.49 | 29.15 | 22.42 | 21.07 | 51.22 | 17.56 | 14.80 | 12.35 | 31.40 |
| Cost of Revenue | 15.98 | 13.91 | 28.26 | 16.25 | 11.61 | 11.69 | 29.53 | 14.04 | 12.45 | 10.23 | 29.28 | 13.82 | 11.06 | 11.45 | 26.60 | 8.00 | 6.44 | 5.90 | 14.13 |
| Gross Profit | 17.97 | 16.02 | 27.82 | 17.18 | 15.50 | 14.15 | 24.89 | 17.04 | 15.63 | 14.45 | 30.21 | 15.33 | 11.36 | 9.62 | 24.62 | 9.56 | 8.36 | 6.46 | 17.27 |
| Selling, General & Admin | 2.16 | 2.28 | 3.87 | 1.77 | 2.16 | 1.98 | 4.15 | 1.73 | 1.84 | 1.74 | 3.03 | 1.68 | 1.96 | 1.71 | 2.99 | 1.74 | 2.28 | 1.68 | 1.88 |
| Total Operating Expenses | 16.68 | 14.88 | 28.64 | 16.43 | 13.88 | 13.22 | 27.36 | 16.32 | 14.69 | 12.91 | 30.78 | 15.31 | 12.20 | 11.22 | 25.43 | 9.52 | 8.76 | 7.20 | 13.92 |
| Operating Income | 1.28 | 1.14 | (0.82) | 0.74 | 1.62 | 0.92 | (2.47) | 0.72 | 0.94 | 1.54 | (0.57) | 0.02 | (0.85) | (1.60) | (0.81) | 0.04 | (0.40) | (0.75) | 3.36 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.06 | 0.06 | 0.06 | 0.02 | 0.02 | 0.02 | 0.08 | -- |
| Pretax Income | 1.26 | 1.13 | (0.83) | 0.71 | 1.58 | 0.94 | (2.16) | 0.69 | 0.93 | 1.50 | (0.63) | 0.02 | (0.89) | (1.66) | (0.87) | 0.16 | (0.41) | (0.83) | 3.25 |
| Tax Provision | 0.21 | 0.31 | (0.18) | 0.18 | 0.41 | 0.28 | (0.63) | 0.22 | 0.28 | 0.44 | (0.22) | 0.04 | (0.12) | (0.42) | (0.20) | 0.01 | (0.10) | (0.18) | -- |
| Net Income | 1.05 | 0.82 | (0.66) | 0.53 | 1.18 | 0.65 | (1.53) | 0.47 | 0.65 | 1.07 | (0.41) | (0.02) | (0.77) | (1.24) | (0.67) | 0.15 | (0.31) | (0.64) | 2.52 |
| Basic EPS | 0.03 | 0.02 | (0.02) | 0.01 | 0.04 | 0.02 | (0.04) | 0.01 | 0.02 | 0.03 | (0.01) | 0.00 | (0.02) | (0.04) | (0.02) | 0.01 | (0.01) | (0.02) | -- |
| Diluted EPS | 0.03 | 0.02 | (0.02) | 0.01 | 0.04 | 0.02 | (0.04) | 0.01 | 0.02 | 0.03 | (0.01) | 0.00 | (0.02) | -- | -- | -- | -- | -- | -- |
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 |
|---|
| Operating Cash Flow | (1.36) | (2.20) | 3.01 | 0.50 | (0.90) | (0.02) | 1.55 | (2.18) | 0.46 | 0.49 | 1.72 | (0.36) | (0.29) | (3.13) | 2.92 | (1.28) | (5.32) | (7.92) |
| Capital Expenditures | 0.00 | 0.01 | 0.03 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.00 | 0.01 | 0.00 | 0.00 | 0.07 | 0.10 | 0.04 | 0.13 |
| Free Cash Flow* | (1.36) | (2.21) | 2.98 | 0.45 | (0.90) | (0.02) | 1.54 | (2.18) | 0.44 | 0.48 | 1.72 | (0.37) | (0.30) | (3.13) | 2.85 | (1.38) | (5.36) | (8.05) |
| Investing Cash Flow | -0.00 | (0.01) | (0.03) | (0.05) | -0.00 | -0.00 | -0.00 | -0.00 | (0.02) | (0.02) | -0.00 | (0.01) | -0.00 | -0.00 | (0.07) | (0.10) | (0.04) | (0.13) |
| Financing Cash Flow | 1.35 | (0.60) | 0.00 | 0.00 | 0.00 | (0.84) | -- | -- | -- | -- | -- | (0.16) | -- | (0.16) | 0.03 | 0.76 | 0.00 | 5.13 |
* Derived from reported values
