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Financial Statements — IPCX
Balance Sheet
(in millions USD)| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 0.76 | 0.83 | 1.13 | 1.27 | 1.51 | -- |
| Total Current Assets | 0.95 | 1.07 | 1.30 | 1.49 | 2.64 | 0.01 |
| Total Non-current Assets* | 264.17 | 262.10 | 259.83 | 257.61 | 254.10 | 0.53 |
| Total Assets | 265.13 | 263.17 | 261.13 | 259.10 | 256.73 | 0.54 |
| Accounts Payable | 0.18 | 0.22 | 0.30 | -- | -- | -- |
| Total Current Liabilities | 0.18 | 0.31 | 0.46 | 0.42 | 0.25 | 0.64 |
| Total Non-current Liabilities* | 15.29 | 15.07 | 14.56 | 14.45 | 12.16 | 0.03 |
| Total Liabilities | 15.47 | 15.38 | 15.02 | 14.87 | 12.41 | 0.68 |
| Retained Earnings | (14.52) | (14.04) | (13.67) | (13.04) | (10.27) | (0.17) |
| Total Stockholder Equity | (14.52) | (14.04) | (13.67) | (13.04) | (10.26) | (0.14) |
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* Derived from reported values
Income Statement
(in millions USD)| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Total Revenue | -- | 100.00 | -- | 100.00 | -- | -- |
| Selling, General & Admin | 0.47 | 0.63 | 3.21 | 2.77 | 0.47 | 0.08 |
| Operating Income | (0.47) | (0.63) | (3.21) | (2.77) | (0.47) | (0.08) |
| Net Income | 1.86 | 1.68 | 1.89 | (0.09) | (1.22) | (0.08) |
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Cash Flow Statement
(in millions USD)| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | (0.24) | (0.22) | (0.41) | (0.30) | (0.73) |
| Investing Cash Flow | 0.25 | -- | 0.25 | 0.00 | (253.00) |
| Financing Cash Flow | (0.09) | (0.07) | 0.02 | 0.06 | 255.24 |
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