Financial Statements — IRIX
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 | 4.68 | 4.60 | 5.57 | 6.78 | 7.24 | 3.86 | 4.11 | 5.42 | 7.98 | 9.82 | 11.05 | 15.86 | 17.97 | 20.62 | 25.57 | 26.26 | 27.99 |
| Accounts Receivable | 5.67 | 6.84 | 7.13 | 7.14 | 6.68 | 5.95 | 6.27 | 6.53 | 6.11 | 6.42 | 6.93 | 6.16 | 6.81 | 7.04 | 8.52 | 8.60 | 8.19 |
| Inventory | 9.75 | 9.32 | 7.30 | 8.44 | 10.14 | 10.94 | 11.12 | 11.00 | 10.12 | 11.13 | 11.24 | 10.77 | 10.18 | 9.09 | 8.79 | 7.96 | 7.04 |
| Total Current Assets | 23.96 | 24.58 | 24.07 | 26.87 | 29.13 | 24.34 | 25.01 | 27.58 | 27.34 | 30.97 | 34.70 | 38.35 | 39.44 | 41.93 | 43.91 | 43.73 | 44.22 |
| Property, Plant & Equipment | 0.18 | 0.14 | 0.02 | 0.04 | 0.08 | 0.16 | 0.21 | 0.27 | 0.52 | 0.40 | 0.45 | 0.44 | 0.43 | 0.36 | 0.57 | 0.65 | 0.72 |
| Goodwill | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 |
| Intangible Assets | 0.83 | 0.90 | 1.06 | 1.14 | 1.22 | 1.39 | 1.48 | 1.56 | 1.73 | 1.81 | 1.89 | 2.06 | 2.11 | 2.16 | 2.25 | 2.30 | 2.35 |
| Total Non-current Assets* | 3.30 | 3.69 | 4.29 | 4.72 | 5.11 | 5.82 | 6.24 | 6.51 | 7.61 | 5.97 | 6.28 | 6.61 | 6.20 | 6.10 | 6.64 | 6.79 | 5.34 |
| Total Assets | 27.26 | 28.27 | 28.35 | 31.59 | 34.24 | 30.15 | 31.25 | 34.09 | 34.95 | 36.94 | 40.98 | 44.96 | 45.65 | 48.02 | 50.54 | 50.52 | 49.56 |
| Accounts Payable | 6.65 | 5.75 | 4.41 | 5.31 | 6.05 | 6.20 | 7.77 | 7.68 | 2.61 | 4.14 | 3.55 | 4.54 | 3.81 | 3.45 | 3.21 | 2.25 | 1.69 |
| Short-term Debt | -- | -- | -- | -- | -- | 1.30 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 13.17 | 12.83 | 12.39 | 13.71 | 14.95 | 15.85 | 16.15 | 16.07 | 10.35 | 12.24 | 13.16 | 13.63 | 12.35 | 12.59 | 12.97 | 10.92 | 12.75 |
| Long-term Debt | -- | -- | -- | -- | -- | 1.40 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.31 |
| Total Non-current Liabilities* | 10.45 | 10.71 | 11.28 | 11.82 | 12.44 | 11.68 | 10.86 | 11.54 | 12.54 | 11.25 | 11.93 | 13.25 | 13.86 | 14.11 | 12.25 | 12.72 | 11.16 |
| Total Liabilities | 23.62 | 23.54 | 23.67 | 25.53 | 27.38 | 27.53 | 27.00 | 27.60 | 22.89 | 23.49 | 25.10 | 26.88 | 26.21 | 26.70 | 25.22 | 23.64 | 23.91 |
| Retained Earnings | (94.24) | (92.97) | (92.26) | (90.69) | (89.69) | (87.12) | (85.18) | (82.51) | (76.08) | (74.33) | (71.56) | (68.57) | (66.80) | (64.56) | (59.73) | (57.56) | (58.95) |
| Total Stockholder Equity | 3.64 | 4.73 | 4.68 | 6.06 | 0.85 | 2.62 | 4.25 | 6.49 | 12.06 | 13.45 | 15.88 | 18.08 | 19.43 | 21.33 | 25.32 | 26.88 | 25.65 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2026 | Q2
2026 | Q1
2026 | 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 | 14.72 | 12.57 | 11.80 | 12.48 | 13.57 | 11.90 | 12.70 | 11.58 | 12.63 | 11.76 | 12.46 | 12.85 | 12.86 | 13.71 | 15.20 | 14.64 | 13.76 | 13.39 | 12.30 | 13.26 |
| Cost of Revenue | 9.25 | 8.27 | 7.06 | 8.47 | 8.89 | 6.84 | 7.11 | 7.26 | 7.50 | 7.30 | 7.57 | 7.23 | 7.49 | 7.77 | 8.53 | 8.18 | 7.49 | 7.41 | 6.72 | 7.48 |
| Gross Profit | 5.48 | 4.30 | 4.74 | 4.01 | 4.68 | 5.06 | 5.59 | 4.32 | 5.14 | 4.46 | 4.89 | 5.62 | 5.36 | 5.94 | 6.66 | 6.46 | 6.27 | 5.98 | 5.58 | 5.78 |
| Research & Development | 0.95 | 0.94 | 0.91 | 0.97 | 0.87 | 0.88 | 1.11 | 1.30 | 1.50 | 1.54 | 1.69 | 1.54 | 1.85 | 1.75 | 1.45 | 1.69 | 1.92 | 2.12 | 0.89 | 1.79 |
| Selling, General & Admin | 1.79 | 1.84 | 1.62 | 1.80 | 2.22 | 1.93 | 2.28 | 2.25 | 2.79 | 2.47 | 2.40 | 1.95 | 2.15 | 2.25 | 1.80 | 2.02 | 1.90 | 1.84 | 1.56 | 2.24 |
| Total Operating Expenses | 5.49 | 5.33 | 5.07 | 5.42 | 5.62 | 5.26 | 6.09 | 6.19 | 7.77 | 7.75 | 7.97 | 7.31 | 8.26 | 8.28 | 8.07 | 8.15 | 8.43 | 8.25 | 5.88 | 7.94 |
| Operating Income | (0.01) | (1.03) | (0.32) | (1.41) | (0.94) | (0.20) | (0.50) | (1.87) | (2.64) | (3.29) | (3.08) | (1.69) | (2.89) | (2.34) | (1.41) | (1.69) | (2.16) | (2.28) | (0.30) | (2.16) |
| Pretax Income | (0.16) | (1.20) | (0.47) | (1.57) | (0.97) | (1.67) | (0.84) | (1.92) | (2.66) | (3.43) | (2.90) | (1.75) | (2.76) | (2.08) | (1.13) | (1.75) | (2.22) | (2.37) | (0.17) | (2.16) |
| Tax Provision | 0.02 | 0.07 | 0.06 | 0.00 | 0.02 | 0.01 | (0.01) | 0.02 | 0.02 | 0.04 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 |
| Net Income | (0.18) | (1.27) | (0.52) | (1.57) | (0.99) | (1.69) | (0.83) | (1.93) | (2.68) | (3.46) | (2.96) | (1.75) | (2.77) | (2.09) | (1.15) | (1.77) | (2.24) | (2.39) | (0.18) | (2.16) |
| Basic EPS | (0.01) | (0.07) | (0.03) | (0.09) | (0.06) | (0.10) | (0.05) | (0.12) | (0.16) | (0.21) | (0.18) | (0.11) | (0.17) | (0.13) | (0.07) | (0.11) | (0.14) | (0.15) | (0.02) | (0.14) |
| Diluted EPS | (0.01) | (0.07) | (0.03) | (0.09) | (0.06) | (0.10) | (0.05) | (0.12) | (0.16) | (0.21) | (0.18) | (0.11) | (0.17) | (0.13) | (0.07) | (0.11) | (0.14) | (0.15) | (0.02) | (0.14) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | 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 | Q2
2021 |
|---|
| Operating Cash Flow | 0.17 | (1.33) | (1.16) | (0.40) | (1.15) | (1.24) | (3.07) | (1.33) | (1.65) | (0.98) | (1.78) | (1.14) | (2.84) | (1.59) | (2.11) | (2.57) | (3.25) | (0.21) | (0.64) | 10.60 |
| Capital Expenditures | 0.05 | 0.10 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | (0.03) | 0.08 | 0.02 | 0.04 | 0.08 | 0.06 | 0.12 | 0.03 | 0.01 | 0.05 | 0.05 |
| Free Cash Flow* | 0.12 | (1.44) | (1.17) | (0.41) | (1.16) | (1.25) | (3.07) | (1.33) | (1.65) | (0.95) | (1.86) | (1.16) | (2.89) | (1.67) | (2.16) | (2.69) | (3.28) | (0.22) | (0.69) | 10.55 |
| Investing Cash Flow | (0.05) | (0.10) | (0.01) | (0.01) | (0.01) | (0.01) | -0.00 | 0.00 | -0.00 | 0.03 | (0.08) | (0.02) | (0.04) | (0.08) | (0.06) | (0.12) | (0.03) | (0.01) | (0.05) | (0.05) |
| Financing Cash Flow | (0.04) | -0.00 | (0.03) | (0.01) | 6.04 | (0.22) | 2.82 | 0.00 | 0.00 | 0.05 | (0.02) | (0.06) | 0.04 | 0.00 | (0.03) | (0.05) | 0.01 | -0.00 | (0.03) | 9.46 |
* Derived from reported values
