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Financial Statements — INAB
Balance Sheet
(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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 18.13 | 22.16 | 27.31 | 10.96 | 13.50 | 12.16 | 11.39 | 4.26 | 10.48 | 13.27 | 21.54 | 13.11 | 17.25 | 11.11 | 18.43 | 27.90 | 25.99 | 32.36 | 37.27 | 40.67 |
| Total Current Assets | 18.50 | 22.66 | 27.88 | 11.77 | 13.74 | 12.73 | 12.58 | 6.70 | 12.68 | -- | 24.63 | 16.55 | 19.47 | 14.40 | 22.23 | 29.65 | 27.00 | 33.27 | 38.98 | 43.88 |
| Property, Plant & Equipment | 1.60 | 1.62 | 1.86 | 2.10 | 2.35 | 2.60 | 2.86 | 3.08 | 3.11 | 3.33 | 3.51 | 3.74 | 3.98 | 4.20 | 4.40 | 0.35 | 0.22 | 0.24 | 0.10 | 0.30 |
| Total Non-current Assets | 3.25 | 3.60 | 4.40 | 5.00 | 5.63 | 7.14 | 8.37 | 9.26 | 9.81 | -- | 9.08 | 9.66 | 10.25 | 10.28 | 10.81 | 8.73 | 3.99 | 3.26 | 3.24 | 3.26 |
| Total Assets | 21.75 | 26.27 | 32.28 | 16.77 | 19.37 | 19.87 | 20.94 | 15.97 | 22.50 | -- | 33.71 | 26.21 | 29.72 | 24.68 | 33.04 | 38.38 | 30.99 | 36.54 | 42.22 | 47.13 |
| Accounts Payable | 0.44 | 0.45 | 0.31 | 0.20 | 0.38 | 0.57 | 0.39 | 1.14 | 1.44 | -- | 0.92 | 0.75 | 0.59 | 0.87 | 2.09 | 1.11 | 0.89 | 0.55 | 0.40 | 0.69 |
| Total Current Liabilities | 2.25 | 2.16 | 3.16 | 1.70 | 1.95 | 2.96 | 3.08 | 3.64 | 4.76 | -- | 5.39 | 4.69 | 3.78 | 3.75 | 5.82 | 4.90 | 2.97 | 2.07 | 2.26 | 2.16 |
| Total Non-current Liabilities* | 1.13 | 1.33 | 1.56 | 1.88 | 2.18 | 3.04 | 3.38 | 3.74 | 4.12 | -- | 3.38 | 3.76 | 4.14 | 4.14 | 4.49 | 3.92 | 1.45 | 1.64 | 1.78 | 1.94 |
| Total Liabilities | 3.38 | 3.48 | 4.72 | 3.58 | 4.13 | 5.99 | 6.47 | 7.38 | 8.88 | -- | 8.77 | 8.45 | 7.92 | 7.89 | 10.31 | 8.82 | 4.42 | 3.70 | 4.04 | 4.10 |
| Retained Earnings | (150.97) | (146.19) | (141.10) | (136.15) | (132.30) | (127.21) | (121.66) | (115.50) | (108.41) | -- | (91.22) | (83.62) | (76.45) | (68.74) | (61.21) | (53.41) | (46.01) | (38.84) | (32.69) | (26.84) |
| Total Stockholder Equity* | 18.36 | 22.78 | 27.56 | 13.19 | 15.24 | 13.88 | 14.48 | 8.59 | 13.62 | 17.53 | 24.94 | 17.76 | 21.80 | 16.79 | 22.73 | 29.56 | 26.57 | 32.84 | 38.18 | 43.04 |
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* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research & Development | 2.49 | 2.61 | 2.65 | 2.10 | 2.49 | 2.97 | 3.59 | 3.31 | 5.16 | 4.90 | 4.52 | 3.79 | 4.13 | 4.39 | 3.92 | 4.26 | 3.50 | 2.38 | 2.69 | 1.35 |
| Selling, General & Admin | 2.44 | 2.65 | 2.38 | 1.86 | 2.71 | 2.69 | 2.63 | 2.73 | 3.53 | 3.74 | 3.08 | 3.38 | 3.58 | 3.47 | 3.88 | 3.14 | 3.68 | 3.76 | 3.16 | 2.04 |
| Total Operating Expenses | 4.93 | 5.27 | 5.03 | 3.97 | 5.20 | 5.66 | 6.22 | 7.11 | 8.69 | 8.65 | 7.60 | 7.17 | 7.72 | 7.86 | 7.80 | 7.40 | 7.18 | 6.15 | 5.85 | 3.39 |
| Operating Income | (4.78) | (5.09) | (4.94) | (3.85) | (5.09) | (5.55) | (6.16) | (7.09) | (8.63) | (8.56) | (7.93) | (7.17) | (7.71) | (7.52) | (7.80) | (7.40) | (7.18) | (6.14) | (5.85) | (3.39) |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (4.78) | (5.09) | (4.94) | (3.85) | (5.09) | (5.55) | (6.16) | (7.09) | (8.63) | (8.56) | (7.60) | (7.17) | (7.71) | (7.52) | (7.80) | (7.40) | (7.18) | (6.14) | (5.85) | (3.39) |
| Basic EPS | (0.25) | (0.26) | (2.28) | (0.85) | (1.24) | (0.07) | (0.03) | (0.15) | (0.19) | (0.20) | (0.20) | (0.23) | (0.27) | (0.30) | (0.31) | (0.34) | (0.38) | -- | -- | -- |
| Diluted EPS | (0.25) | (0.26) | (2.28) | (0.85) | (1.24) | (0.07) | (0.03) | (0.15) | (0.19) | (0.20) | (0.20) | (0.23) | (0.27) | (0.30) | (0.31) | (0.34) | (0.38) | -- | -- | -- |
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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 | (3.74) | (4.95) | (2.14) | (3.52) | (3.93) | (3.12) | (4.03) | (6.11) | (6.09) | (7.92) | (4.85) | (5.71) | (5.34) | (7.44) | (7.95) | (5.74) | (5.87) | (4.56) | (2.18) | (6.36) |
| Capital Expenditures | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.02 | 0.05 | -- | 0.00 | 0.04 | 0.37 | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | (3.52) | (3.93) | (3.12) | -- | (6.11) | (6.11) | (7.97) | -- | (5.71) | (5.37) | (7.81) | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.23) | (0.01) | 0.00 | 0.00 | 0.00 | 0.00 | (0.03) | 0.00 | (0.08) | (0.07) | (0.07) | (0.08) | (0.02) | (0.43) | (1.26) | (1.76) | (0.42) | (0.25) | (0.16) | (0.15) |
| Financing Cash Flow | (0.05) | (0.19) | 18.49 | 0.99 | 5.27 | 3.89 | 11.19 | (0.10) | 3.38 | (0.28) | 13.35 | 1.65 | 11.49 | 0.55 | (0.25) | 9.41 | (0.07) | (0.10) | (1.21) | 35.19 |
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* Derived from reported values