Financial Statements — HWH
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 | 1.51 | 1.46 | 2.90 | 3.73 | 4.18 | 0.83 | 0.82 | 0.97 | -- | -- | -- | 1.51 | 1.62 | 1.71 |
| Short-term Investments | 0.11 | 0.10 | -- | -- | 0.10 | 0.00 | 0.14 | 0.14 | -- | -- | -- | -- | -- | -- |
| Inventory | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 2.97 | 2.45 | 3.86 | 9.18 | 5.91 | 1.75 | 1.98 | 1.55 | 1.10 | 1.27 | 0.92 | 1.60 | 1.66 | 1.76 |
| Property, Plant & Equipment | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.12 | 0.11 | -- | -- | -- | -- | -- | -- |
| Goodwill | -- | -- | 0.12 | 0.08 | -- | -- | -- | 0.32 | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 1.54 | 1.76 | 1.33 | 1.43 | 0.62 | 1.17 | 1.09 | 1.01 | 20.98 | 20.68 | 88.99 | 87.47 | 87.18 | 87.11 |
| Total Assets | 4.51 | 4.21 | 5.18 | 10.60 | 6.53 | 2.92 | 3.07 | 2.56 | 22.08 | 21.95 | 89.91 | 89.07 | 88.84 | 88.87 |
| Accounts Payable | 0.30 | 0.30 | 0.43 | 0.44 | 0.55 | 0.45 | 0.53 | 0.60 | 0.52 | 0.32 | 0.43 | 0.23 | 0.12 | 0.09 |
| Total Current Liabilities | 1.64 | 1.53 | 2.25 | 7.15 | 2.66 | 1.92 | 5.42 | 4.47 | 0.73 | 0.43 | 0.43 | 0.25 | 0.14 | 0.11 |
| Total Non-current Liabilities* | 0.08 | 0.60 | 0.02 | 0.14 | 0.18 | 1.25 | 1.15 | 1.06 | 3.02 | 3.02 | 3.02 | 3.02 | 3.02 | 3.02 |
| Total Liabilities* | 1.78 | 2.20 | 2.35 | 7.38 | 2.94 | 3.29 | 6.68 | 5.69 | 3.75 | 3.44 | 3.45 | 3.27 | 3.16 | 3.13 |
| Retained Earnings | (9.36) | (9.57) | (7.00) | (6.71) | (6.88) | (5.04) | (4.49) | (4.10) | (2.05) | (1.57) | (2.13) | (1.47) | (1.43) | (1.37) |
| Total Stockholder Equity | 2.73 | 2.01 | 2.84 | 3.23 | 3.59 | (0.37) | (3.61) | (3.13) | (2.05) | (1.57) | (2.13) | (1.47) | (1.43) | (1.37) |
* 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 |
|---|
| Total Revenue | 0.06 | 0.06 | 0.05 | 0.21 | 0.31 | -- | 0.00 | 0.00 | -0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 0.04 | 0.02 | 0.01 | 0.08 | 0.16 | 0.15 | 0.17 | 0.19 | 0.17 | 0.12 | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.02 | 0.05 | 0.04 | 0.12 | 0.15 | 0.15 | 0.11 | 0.16 | 0.16 | 0.16 | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 0.25 | 0.67 | 2.05 | 0.32 | 0.49 | 0.66 | 0.38 | 0.49 | 0.65 | 1.13 | 0.53 | 0.32 | 0.16 | 0.12 | 0.32 | 0.14 | 0.10 | 0.04 |
| Total Operating Expenses | 0.25 | 0.67 | 2.05 | 0.37 | 0.49 | 0.74 | 0.39 | 0.49 | 0.65 | 1.50 | 0.46 | 0.40 | 0.24 | 0.15 | 0.35 | 0.17 | 0.13 | 0.05 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | 0.21 | (0.63) | (1.86) | (0.30) | 0.08 | (0.53) | (0.33) | (0.54) | (0.40) | (1.34) | (0.18) | (0.13) | 0.55 | 0.74 | 0.29 | -- | -- | -- |
| Tax Provision | -- | -- | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 0.05 | 0.15 | 0.18 | 0.05 | 0.05 | 0.15 | 0.18 | -- | -- | -- | -- |
| Net Income | 0.21 | (0.63) | (1.86) | (0.29) | 0.08 | (0.57) | (0.32) | (0.55) | (0.39) | (1.34) | (0.23) | (0.18) | 0.40 | 0.56 | 0.10 | 0.12 | (0.06) | (0.05) |
| Basic EPS | 0.03 | (0.08) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | 0.03 | (0.08) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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 | 0.48 | (0.19) | (1.02) | (0.20) | 0.03 | (0.56) | (0.26) | (0.28) | (0.49) | (0.64) | (0.23) | (0.47) | (0.48) | (0.34) | (0.33) | (0.11) | (0.09) | 0.01 |
| Capital Expenditures | -0.00 | 0.00 | 0.00 | 0.02 | 0.00 | -- | 0.00 | 0.00 | 0.03 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | 0.48 | (0.19) | (1.02) | (0.22) | 0.03 | -- | (0.26) | (0.28) | (0.52) | (0.64) | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.10) | (0.31) | (0.17) | (0.27) | (0.44) | (0.30) | 0.00 | (0.10) | 20.81 | (0.25) | 0.01 | (0.03) | 69.10 | -- | (0.01) | (0.01) | 0.00 | (87.11) |
| Financing Cash Flow | (0.34) | (0.15) | (0.27) | 0.62 | (0.08) | 0.66 | 3.65 | 0.34 | (68.18) | 0.75 | (0.01) | 0.10 | (68.25) | 0.01 | 0.00 | 0.00 | 0.00 | 88.76 |
* Derived from reported values
