Financial Statements — HTCR
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 | 0.59 | 0.77 | 1.45 | 2.35 | 0.74 | 1.23 | 3.81 | 1.22 | 2.20 | 4.24 | 5.21 | 7.84 | 12.46 | 13.91 |
| Short-term Investments | 2.67 | 3.39 | 2.90 | 2.50 | 2.25 | 7.35 | 0.44 | 0.41 | 0.76 | 1.03 | 0.44 | -- | -- | -- |
| Accounts Receivable | 0.06 | 0.57 | 1.11 | 3.00 | 2.11 | 2.58 | 2.44 | 3.09 | 2.56 | 2.81 | 2.38 | 0.62 | 1.12 | 1.12 |
| Total Current Assets | 4.26 | 6.87 | 12.61 | 8.93 | 6.06 | 12.25 | 10.90 | 9.02 | 6.76 | 9.38 | 9.03 | 9.27 | 14.51 | 16.26 |
| Property, Plant & Equipment | 0.25 | 0.28 | 0.32 | 0.44 | 0.44 | 0.66 | 0.64 | 0.69 | 0.75 | 0.33 | 0.21 | 0.20 | 0.21 | 0.24 |
| Goodwill | -- | -- | -- | -- | -- | 3.28 | 3.28 | 3.28 | 3.28 | 3.28 | 3.28 | -- | -- | -- |
| Intangible Assets | -- | -- | -- | -- | -- | 4.04 | 4.20 | 4.36 | 4.68 | 4.83 | 4.99 | -- | -- | -- |
| Total Non-current Assets | 4.60 | 4.90 | 0.73 | 4.60 | 4.16 | 13.22 | 13.18 | 13.31 | 14.52 | 14.41 | 15.64 | 3.36 | 3.63 | 4.15 |
| Total Assets | 8.87 | 11.77 | 13.34 | 13.53 | 10.22 | 25.47 | 24.08 | 22.33 | 21.28 | 23.80 | 24.67 | 12.63 | 18.13 | 20.42 |
| Accounts Payable | -- | -- | -- | 1.76 | 1.84 | -- | -- | 2.02 | 1.78 | 1.19 | 1.16 | 0.45 | 0.82 | 0.49 |
| Short-term Debt | -- | 0.07 | 0.07 | -- | 0.13 | -- | -- | 0.07 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.66 | 5.86 | 9.01 | 7.09 | 6.70 | 6.53 | 15.19 | 11.02 | 5.66 | 5.89 | 5.49 | 3.12 | 4.50 | 3.74 |
| Long-term Debt | -- | 0.49 | 0.51 | 1.49 | 1.55 | 1.86 | 1.93 | 1.99 | 1.88 | 1.88 | 2.14 | 1.77 | 2.11 | 2.54 |
| Total Non-current Liabilities | 0.14 | 0.65 | 0.51 | 2.87 | 2.93 | 4.63 | 5.12 | 4.95 | 5.04 | 4.87 | 5.34 | 3.52 | 3.98 | 4.67 |
| Total Liabilities | 3.80 | 6.51 | 9.51 | 9.97 | 9.62 | 11.16 | 20.31 | 15.97 | 10.70 | 10.76 | 10.82 | 6.64 | 8.48 | 8.41 |
| Retained Earnings | (17.65) | (15.63) | (17.80) | (18.23) | (19.33) | (6.99) | (18.05) | (16.10) | (11.91) | (9.60) | (8.69) | (9.15) | (7.18) | (5.47) |
| Total Stockholder Equity* | 4.90 | 6.87 | 5.19 | 4.84 | 1.84 | 12.40 | 1.61 | 3.94 | 7.81 | 10.03 | 10.73 | 5.99 | 9.65 | 12.01 |
* 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 | 0.32 | 1.25 | 1.92 | 2.99 | 4.74 | 3.59 | 3.44 | 17.85 | 4.07 | 5.05 | 3.33 | 4.69 | 5.10 | 8.73 | 2.00 | 1.87 | 2.67 | 2.28 | 2.38 |
| Cost of Revenue* | 0.39 | 1.17 | 1.36 | 1.52 | 2.53 | 2.49 | 2.87 | 3.43 | 3.26 | 3.01 | 3.23 | 3.86 | 3.59 | 3.10 | 1.53 | 1.54 | 1.34 | 1.06 | 1.27 |
| Gross Profit | (0.07) | 0.07 | (1.63) | 1.47 | 2.22 | 1.10 | 0.57 | 14.42 | 0.81 | 2.03 | 0.10 | 0.83 | 1.51 | 5.63 | 0.47 | 0.33 | 1.33 | 1.22 | 1.11 |
| Research & Development | -- | -- | -- | -- | 0.16 | 0.12 | 0.42 | 0.11 | 0.11 | 0.09 | 0.73 | 0.17 | 0.04 | 0.08 | 0.06 | 0.06 | 0.42 | 0.11 | 0.19 |
| Selling, General & Admin | 0.72 | 1.57 | 1.16 | 1.38 | 1.56 | 1.93 | 2.23 | 1.97 | 2.02 | 2.41 | 2.35 | 2.17 | 2.45 | 2.69 | 0.75 | 1.51 | 1.85 | 2.47 | 1.33 |
| Total Operating Expenses | 0.75 | 1.61 | 0.34 | 1.48 | 2.11 | 2.34 | 10.42 | 2.32 | 2.31 | 2.72 | 3.26 | 2.62 | 2.98 | 3.33 | 1.93 | 2.34 | 3.00 | 2.78 | 1.59 |
| Operating Income | (0.82) | (1.54) | (1.97) | (0.01) | 0.11 | (1.24) | (9.85) | 12.10 | (1.51) | (0.68) | (3.16) | (1.79) | (1.47) | 2.30 | (1.46) | (2.01) | (1.66) | (1.56) | (0.48) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.00 | 0.01 | 0.02 | 0.01 | -- |
| Pretax Income | (1.53) | (1.96) | (1.98) | (0.13) | 1.06 | (3.08) | (12.55) | 11.04 | (2.28) | (1.56) | (3.31) | (2.52) | (1.64) | 2.47 | (1.42) | (1.99) | (1.69) | (1.58) | (0.50) |
| Tax Provision | 0.02 | 0.02 | (0.01) | 0.00 | -0.00 | 0.06 | (0.21) | 0.23 | (0.07) | (0.08) | (0.19) | 0.02 | (0.62) | 0.66 | 0.00 | (0.02) | 0.01 | -0.00 | 0.24 |
| Net Income | (2.02) | (1.87) | 7.35 | 0.43 | 1.10 | (3.09) | (9.25) | 11.06 | (1.95) | (1.33) | (2.85) | (2.31) | (0.91) | 1.88 | (1.42) | (1.97) | (1.70) | (1.58) | (0.74) |
| Basic EPS | (1.45) | (1.49) | 0.32 | 0.02 | 0.05 | (0.14) | (0.45) | 0.53 | (0.09) | (0.06) | (0.16) | (0.11) | (0.04) | 0.10 | (0.08) | (0.11) | (0.09) | (0.09) | (1.00) |
| Diluted EPS | (1.45) | (1.49) | 0.30 | 0.02 | 0.04 | (0.14) | (0.45) | 0.53 | (0.09) | (0.06) | (0.16) | (0.11) | (0.04) | 0.10 | (0.08) | (0.11) | (0.09) | (0.09) | (1.00) |
* 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 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (1.33) | (1.15) | (0.14) | (2.98) | (0.67) | (2.00) | (1.28) | (2.04) | (2.20) | 0.74 | (1.87) | (1.09) | (0.32) | (1.05) | (0.60) | (2.11) | 0.30 | (2.39) |
| Capital Expenditures | 0.00 | 0.00 | -- | -- | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.01 | 0.34 | 0.17 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 |
| Free Cash Flow* | (1.33) | (1.15) | -- | -- | (0.68) | -- | (1.28) | (2.04) | (2.21) | -- | (1.88) | (1.43) | (0.49) | (1.06) | (0.62) | (2.12) | 0.29 | (2.41) |
| Investing Cash Flow | -- | -- | -- | -- | 0.62 | 0.47 | 1.03 | 0.05 | 5.26 | 0.01 | 0.00 | (0.60) | (0.46) | (0.72) | -0.00 | 0.00 | 0.03 | (0.04) |
| Financing Cash Flow | -- | -- | -- | -- | 1.63 | 0.14 | 1.21 | (0.66) | (0.40) | (0.47) | 0.57 | (0.19) | (0.11) | (0.13) | (0.21) | (2.53) | (1.63) | 13.28 |
* Derived from reported values