Financial Statements — IBIO
Balance Sheet
(in millions USD)| Metric | Q3 2026 | 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 | 47.63 | 28.67 | 28.11 | 4.96 | 7.02 | 11.04 | 5.30 | 2.79 | 1.46 | 6.56 | 3.70 | 9.89 | 33.77 | 39.21 | 62.82 | 84.63 | 91.25 | 77.54 |
| Accounts Receivable | -- | -- | 0.07 | -- | -- | -- | -- | -- | 0.00 | 0.07 | 0.97 | 1.06 | 1.00 | 0.11 | 0.21 | 0.39 | 0.18 | 0.30 |
| Inventory | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- | 3.28 | 1.99 | 0.59 | -- | -- | -- |
| Total Current Assets | 77.25 | 53.37 | 50.77 | 6.06 | 8.29 | 11.71 | 36.14 | 19.70 | 23.02 | 27.09 | 38.24 | 63.57 | 60.32 | 67.50 | 89.82 | 107.20 | 110.88 | 84.96 |
| Property, Plant & Equipment | 3.31 | 3.45 | 3.21 | 3.28 | 3.39 | 3.51 | 3.73 | 3.89 | 4.05 | 4.36 | 4.25 | 3.46 | 34.58 | 32.88 | 9.82 | 6.41 | 5.01 | 3.83 |
| Intangible Assets | 1.83 | 0.34 | 0.34 | 0.35 | 0.36 | 0.36 | 0.37 | 0.38 | 0.38 | 0.39 | 0.40 | 6.01 | 4.92 | 5.04 | 5.16 | 1.15 | 1.19 | 1.24 |
| Total Non-current Assets* | 8.58 | 11.03 | 13.38 | 13.04 | 13.41 | 12.81 | 14.02 | 14.32 | 14.66 | 17.29 | 13.57 | 21.00 | 55.05 | 58.95 | 53.92 | 35.49 | 34.52 | 32.30 |
| Total Assets | 85.83 | 64.39 | 64.16 | 19.10 | 21.70 | 24.52 | 50.15 | 34.02 | 37.68 | 44.39 | 51.80 | 84.56 | 115.37 | 126.45 | 143.74 | 142.70 | 145.41 | 117.25 |
| Accounts Payable | 3.04 | 2.65 | 2.82 | 1.48 | 0.61 | 0.86 | 1.23 | 1.86 | 1.91 | 2.01 | 4.00 | 4.81 | 5.28 | 2.74 | 2.29 | 1.63 | 2.41 | 1.60 |
| Total Current Liabilities | 6.50 | 5.90 | 6.05 | 5.40 | 4.71 | 3.47 | 21.43 | 21.55 | 20.71 | 22.28 | 27.78 | 32.20 | 8.28 | 8.35 | 8.10 | 6.07 | 6.10 | 5.05 |
| Total Non-current Liabilities* | 1.79 | 1.93 | 2.07 | 2.33 | 3.09 | 3.29 | 3.87 | 3.27 | 3.76 | 4.72 | 5.20 | 4.00 | 27.71 | 27.50 | 35.12 | 31.80 | 31.98 | 32.17 |
| Total Liabilities | 8.30 | 7.83 | 8.12 | 7.72 | 7.80 | 6.76 | 25.29 | 24.83 | 24.47 | 27.00 | 32.98 | 36.20 | 35.99 | 35.85 | 43.21 | 37.87 | 38.09 | 37.21 |
| Retained Earnings | (354.67) | (346.94) | (337.94) | (327.06) | (322.20) | (317.84) | (306.07) | (302.90) | (294.69) | (282.91) | (275.61) | (242.06) | (206.88) | (194.49) | (182.57) | (173.74) | (166.08) | (157.95) |
| Total Stockholder Equity | 77.54 | 56.56 | 56.04 | 11.38 | 13.90 | 17.75 | 24.86 | 9.20 | 13.21 | 17.39 | 18.82 | 48.37 | 79.38 | 90.60 | 100.54 | 104.85 | 107.34 | 80.05 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4 2026 | Q3 2026 | 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 | 0.00 | 0.00 | 0.00 | 0.10 | 0.20 | 0.00 | 0.20 | 0.00 | 0.18 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 1.94 | 0.17 | 0.21 |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.02 | 0.05 | 0.11 | 0.04 |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.05 | 1.90 | 0.06 | 0.17 |
| Research & Development | 8.56 | 3.25 | 4.28 | 3.55 | 3.22 | 1.91 | 1.88 | 1.31 | 1.14 | 0.90 | 1.54 | 1.61 | 2.36 | 2.64 | 2.78 | 2.55 | 6.34 | 5.55 | 3.33 | 2.51 |
| Selling, General & Admin | (2.18) | 5.11 | 5.17 | 2.50 | 2.17 | 2.97 | 2.74 | 2.80 | 2.44 | 2.72 | 2.96 | 3.55 | 2.61 | 3.53 | 7.79 | 5.09 | 10.61 | 8.53 | 8.36 | 6.63 |
| Total Operating Expenses | 11.38 | 8.37 | 9.45 | 6.05 | 5.40 | 4.88 | 4.62 | 4.11 | 3.58 | 3.63 | 4.50 | 5.15 | 4.97 | 6.17 | 10.57 | 7.64 | 16.94 | 14.08 | 11.69 | 9.15 |
| Operating Income | (11.38) | (8.36) | (9.44) | (5.95) | (5.20) | (4.88) | (4.42) | (4.11) | (3.41) | (3.63) | (4.50) | (5.10) | (4.96) | (6.17) | (10.57) | (7.64) | (16.90) | (12.18) | (11.64) | (8.97) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.05 | 0.03 | 0.03 | 0.02 | 0.04 | 0.03 | -- | 0.23 | 0.25 | 0.33 | 0.61 |
| Pretax Income* | (10.60) | (7.73) | (8.99) | (5.72) | (5.16) | (4.86) | (4.36) | (3.99) | (7.78) | (3.17) | (8.21) | (5.75) | (6.03) | (7.29) | (33.55) | (18.13) | (17.05) | (12.39) | (11.92) | (8.94) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (10.60) | (7.73) | (8.99) | (5.72) | (5.16) | (4.86) | (4.36) | (3.99) | (7.78) | (3.17) | (8.21) | (5.75) | (6.03) | (7.29) | (33.55) | (18.13) | (17.05) | (12.39) | (11.92) | (8.94) |
| Basic EPS | -- | (0.06) | (0.09) | (0.11) | (0.32) | (0.49) | (0.48) | (0.46) | (0.99) | (0.85) | (4.42) | (0.24) | 0.71 | (0.55) | (3.42) | (2.05) | (5.63) | (0.06) | -- | -- |
| Diluted EPS | -- | (0.06) | (0.09) | (0.11) | (0.32) | (0.49) | (0.48) | (0.46) | (0.99) | (0.85) | (4.42) | (0.24) | 0.71 | (0.55) | (3.42) | (2.05) | (5.63) | (0.06) | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q4 2026 | Q3 2026 | 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 | (6.23) | (6.08) | (5.24) | (5.66) | (4.61) | (3.10) | (3.87) | (3.71) | (4.85) | (3.65) | (4.71) | (5.34) | (4.97) | (3.87) | (7.63) | (13.96) | (11.50) | (5.94) | (10.69) | (9.35) |
| Capital Expenditures | 0.02 | 0.01 | 0.52 | 0.03 | 0.00 | 0.01 | 0.00 | -- | -- | -- | -- | -- | 0.51 | (0.20) | 2.95 | 2.48 | 3.43 | 0.64 | 2.13 | 1.12 |
| Free Cash Flow* | (6.25) | (6.09) | (5.76) | (5.70) | (4.62) | (3.12) | (3.87) | -- | -- | -- | -- | -- | (5.48) | (3.67) | (10.59) | (16.44) | (14.93) | (6.59) | (12.82) | (10.47) |
| Investing Cash Flow | (4.41) | (3.11) | (2.98) | (21.49) | 0.05 | (0.01) | -0.00 | 0.71 | (0.14) | 1.00 | 0.00 | 0.05 | (0.01) | 8.24 | (1.25) | 0.03 | 0.48 | 0.52 | (0.97) | (5.15) |
| Financing Cash Flow | 19.40 | 28.15 | 8.79 | 46.71 | 8.18 | 1.06 | (0.15) | (0.16) | 12.99 | 5.03 | 4.01 | 2.47 | 2.74 | 1.46 | (3.04) | 1.14 | (0.01) | (0.01) | (6.02) | (0.09) |
* Derived from reported values