Financial Statements — HYPD
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 | 9.64 | 7.38 | 8.22 | 7.53 | 3.93 | 7.19 | 2.30 | 7.98 | 20.70 | 17.47 | 18.47 | 17.40 | 21.51 | 26.72 | 13.50 | 27.18 | 24.91 |
| Inventory | -- | -- | -- | -- | -- | 2.97 | 3.05 | 3.51 | 0.05 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 12.91 | 8.80 | 9.09 | 9.39 | 5.16 | 11.69 | 7.28 | 14.45 | 26.53 | 23.28 | 24.92 | 29.42 | 25.61 | 30.40 | 23.46 | 29.50 | 28.03 |
| Property, Plant & Equipment | -- | -- | -- | 0.02 | -- | 2.75 | 3.04 | 3.16 | 3.53 | 3.70 | 2.15 | 1.34 | 1.41 | 1.37 | 1.41 | 0.97 | 0.71 |
| Intangible Assets | -- | -- | -- | -- | -- | 6.12 | 6.12 | 6.12 | 2.12 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 100.23 | 61.26 | 73.70 | 46.27 | 0.82 | 11.11 | 11.71 | 11.73 | 8.33 | 6.07 | 4.39 | 1.99 | 9.99 | 9.79 | 1.53 | 1.09 | 0.83 |
| Total Assets | 113.14 | 70.07 | 82.79 | 55.66 | 5.98 | 22.80 | 18.99 | 26.18 | 34.87 | 29.35 | 29.31 | 31.41 | 35.61 | 40.19 | 24.99 | 30.58 | 28.85 |
| Accounts Payable | 0.14 | 0.43 | 1.14 | 0.90 | 1.20 | 1.57 | 1.44 | 2.15 | 1.43 | 1.31 | 1.40 | 1.10 | 2.69 | 1.53 | 1.68 | 1.67 | 1.82 |
| Total Current Liabilities | 5.51 | 4.47 | 4.04 | 10.31 | 15.10 | 15.78 | 15.85 | 16.46 | 6.55 | 4.06 | 4.90 | 11.02 | 11.98 | 10.38 | 20.72 | 14.56 | 16.37 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 7.50 | -- |
| Total Non-current Liabilities* | 5.70 | 7.10 | 8.00 | 7.99 | 0.60 | 3.29 | 5.52 | 7.90 | 12.54 | 14.76 | 8.59 | 0.06 | 0.01 | 0.02 | 0.03 | 7.03 | 0.35 |
| Total Liabilities | 11.20 | 11.57 | 12.03 | 18.30 | 15.70 | 19.08 | 21.36 | 24.36 | 19.09 | 18.82 | 13.50 | 11.08 | 12.00 | 10.39 | 20.75 | 21.59 | 16.71 |
| Retained Earnings | (200.83) | (231.78) | (200.86) | (207.48) | (198.79) | (175.36) | (167.47) | (156.41) | (137.52) | (130.19) | (123.97) | (112.11) | (104.80) | (97.56) | (93.20) | (87.63) | (82.79) |
| Total Stockholder Equity | 101.93 | 58.49 | 70.76 | 37.36 | (9.71) | 3.72 | (2.37) | 1.82 | 15.78 | 10.52 | 15.81 | 20.33 | 23.61 | 29.79 | 4.25 | 8.99 | 12.14 |
* 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 | 0.36 | 0.24 | 0.50 | 0.30 | 0.00 | 0.01 | 0.03 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | -- | -- | -- | 0.00 | 0.00 | 0.00 | 10.00 | 4.00 |
| Cost of Revenue* | 0.00 | 0.00 | 0.30 | 0.00 | 0.00 | 0.00 | 3.30 | 0.13 | 0.49 | 0.00 | 0.00 | 0.00 | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 1.60 |
| Gross Profit* | 0.36 | 0.24 | 0.19 | 0.30 | 0.00 | 0.01 | (3.07) | (0.13) | (0.47) | 0.00 | 0.00 | 0.00 | -- | -- | -- | 0.00 | 0.00 | 0.00 | 10.00 | 2.40 |
| Research & Development | 0.06 | 0.29 | 0.19 | 0.37 | 0.67 | 0.67 | 1.96 | 3.47 | 4.60 | 4.43 | 4.06 | 3.58 | 2.81 | 2.52 | 2.20 | 3.88 | 3.59 | 3.71 | 3.18 | 3.47 |
| Selling, General & Admin | 3.92 | 4.49 | 4.53 | 2.59 | 7.68 | 2.37 | 3.21 | 3.73 | 3.76 | 3.84 | 3.40 | 2.94 | 3.15 | 2.94 | 3.17 | 3.35 | 3.53 | 3.47 | 3.71 | 2.44 |
| Total Operating Expenses | (30.65) | (8.49) | 39.96 | (4.13) | 8.35 | 3.05 | 16.18 | 7.20 | 11.22 | 10.27 | 7.47 | 6.52 | 5.96 | 5.46 | 5.37 | 7.23 | 7.12 | 7.19 | 6.89 | 5.91 |
| Operating Income | 31.01 | 8.73 | (39.77) | 4.43 | (8.35) | (3.03) | (19.45) | (7.33) | (11.69) | (10.27) | (7.47) | (6.52) | (5.96) | (5.46) | (5.37) | (7.23) | (7.12) | (7.19) | 3.11 | (5.91) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.68 | 0.68 | 0.68 | 0.56 | 0.45 | 0.90 | 0.18 | 0.15 | 0.15 | 0.19 | 0.12 |
| Net Income | 30.95 | 8.84 | (39.77) | 6.63 | (8.69) | (3.48) | (19.95) | (7.89) | (11.05) | (10.92) | (7.97) | (7.34) | (6.22) | (5.74) | (6.12) | (7.31) | (7.24) | (7.34) | 2.98 | (5.57) |
| Basic EPS | 1.01 | 0.30 | (5.57) | 0.26 | (2.50) | (1.59) | (59.26) | (0.11) | (0.21) | (0.23) | (0.17) | (0.18) | (0.16) | (0.15) | (0.16) | (0.21) | (0.22) | (0.24) | 0.12 | (0.21) |
| Diluted EPS | 0.92 | 0.26 | (5.36) | 0.05 | (2.50) | (1.59) | (59.26) | (0.11) | (0.21) | (0.23) | (0.17) | (0.18) | (0.16) | (0.15) | (0.16) | (0.21) | (0.22) | (0.24) | 0.12 | (0.21) |
* 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 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (2.90) | (4.20) | (4.06) | (2.82) | (3.45) | (4.44) | (6.11) | (5.94) | (8.17) | (9.89) | (6.32) | (5.84) | (4.71) | (6.96) | (5.40) | (6.82) | (4.70) | (8.18) | (5.88) | (5.09) |
| Capital Expenditures | -- | -- | -- | -- | 0.02 | -- | 0.00 | 0.00 | 0.05 | 0.11 | 0.15 | 0.58 | 1.20 | 0.92 | 0.03 | 0.23 | 0.11 | 0.17 | 0.06 | 0.52 |
| Free Cash Flow* | -- | -- | -- | -- | (3.47) | -- | (6.11) | (5.95) | (8.22) | (10.01) | (6.47) | (6.42) | (5.92) | (7.88) | (5.44) | (7.05) | (4.81) | (8.36) | (5.94) | (5.61) |
| Investing Cash Flow | (5.48) | (1.47) | (6.32) | (20.11) | (45.52) | -- | -0.00 | -0.00 | (0.05) | (0.11) | (0.15) | (1.70) | (1.28) | (0.84) | (0.31) | (0.16) | (0.19) | (0.21) | (0.45) | (0.52) |
| Financing Cash Flow | 10.77 | 6.61 | 8.60 | 23.63 | 52.57 | 6.26 | 1.04 | 10.83 | 2.54 | 3.13 | 0.61 | 10.78 | 5.00 | 3.40 | 3.31 | 2.87 | (0.32) | 15.65 | 12.29 | (0.19) |
* Derived from reported values