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Financial Statements — IPX
Balance Sheet
(in millions USD)| Metric | Q2 2026 | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | Q4 2021 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 65.83 | 54.81 | 77.13 | 17.33 | 11.44 | 14.26 |
| Inventory | 0.43 | 0.00 | 0.00 | -- | -- | -- |
| Total Current Assets | 69.57 | 58.88 | 78.78 | 23.56 | 11.78 | -- |
| Total Non-current Assets | 59.58 | 46.16 | 37.05 | 10.48 | 6.22 | -- |
| Total Assets | 129.16 | 105.03 | 115.83 | 34.04 | 18.00 | -- |
| Total Current Liabilities | 17.27 | 8.43 | 6.67 | 2.63 | 1.83 | -- |
| Total Non-current Liabilities | 3.69 | 4.16 | 3.61 | 1.24 | 0.79 | -- |
| Total Liabilities | 20.95 | 12.59 | 10.29 | 3.87 | 2.62 | -- |
| Retained Earnings | (144.00) | (109.23) | (90.12) | (62.69) | (43.51) | -- |
| Total Stockholder Equity | 108.20 | 92.44 | 105.54 | 30.18 | 15.38 | 15.05 |
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Income Statement
(in millions USD) (except per-share rows)| Metric | Q2 2026 | Q4 2023 | Q4 2022 |
|---|---|---|---|
| Research & Development | 10.79 | -- | -- |
| Selling, General & Admin | 16.21 | -- | -- |
| Pretax Income | (34.77) | -- | -- |
| Tax Provision | 0.00 | -- | -- |
| Net Income | (34.77) | -- | -- |
| Basic EPS | (0.10) | (0.22) | (0.22) |
| Diluted EPS | (0.10) | (0.22) | (0.22) |
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Cash Flow Statement
(in millions USD)| Metric | Q2 2026 |
|---|---|
| Operating Cash Flow | (16.70) |
| Investing Cash Flow | (16.38) |
| Financing Cash Flow | 43.92 |
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