Financial Statements — KITTW
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.37 | 5.29 | 5.49 | 2.66 | 10.05 | 2.92 | 8.12 | 6.19 | 6.77 | 4.35 | 12.48 | 35.93 | 0.17 | 0.30 | 0.79 | 0.03 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.96 | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.84 | 0.00 | 1.10 | 2.28 | 0.33 | 0.40 | 0.18 | 0.16 | 1.00 | 1.30 | 2.63 | 0.64 | -- | -- | -- | -- |
| Inventory | -- | -- | 0.91 | 0.91 | 0.96 | 2.23 | 2.22 | 2.21 | 13.96 | 12.54 | 11.01 | 5.56 | -- | -- | -- | -- |
| Total Current Assets | 4.07 | 7.59 | 9.59 | 7.97 | 13.86 | 7.32 | 13.11 | 11.82 | 27.87 | 25.23 | 32.15 | 47.95 | 0.20 | 0.34 | 1.37 | -- |
| Property, Plant & Equipment | 20.60 | 21.25 | 21.65 | 22.24 | 22.81 | 16.16 | 16.50 | 15.86 | 26.28 | 21.78 | 16.95 | 9.65 | -- | -- | -- | -- |
| Goodwill | 9.60 | 9.60 | 10.65 | 10.65 | 10.65 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 1.18 | 1.23 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 31.86 | 32.62 | 33.22 | 33.91 | 34.62 | 17.67 | 18.09 | 17.61 | 28.47 | 23.30 | 17.35 | 10.09 | 174.48 | 174.25 | 174.23 | -- |
| Total Assets | 35.93 | 40.21 | 42.81 | 41.88 | 48.48 | 24.99 | 31.20 | 29.43 | 56.34 | 48.53 | 49.49 | 58.05 | 174.69 | 174.59 | 175.60 | 0.25 |
| Accounts Payable | 1.85 | 1.16 | 4.39 | 5.72 | 4.89 | 4.73 | 5.59 | 6.69 | 5.71 | 5.73 | 2.61 | 2.79 | 0.33 | 0.18 | 0.07 | -- |
| Short-term Debt | 0.30 | 0.60 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 30.49 | 35.35 | 46.49 | 18.31 | 17.80 | 9.94 | 10.94 | 13.68 | 12.96 | 13.57 | 10.57 | 4.36 | 1.96 | 0.56 | 0.26 | -- |
| Long-term Debt | 21.61 | 23.90 | 30.04 | 27.68 | 27.48 | 79.39 | 109.48 | 118.55 | 29.93 | 17.80 | 16.83 | 15.04 | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.26 | 0.61 | 0.45 | 29.25 | 29.16 | 81.60 | 111.71 | 128.51 | 46.06 | 24.64 | 51.76 | 47.41 | 5.06 | 5.56 | 12.67 | -- |
| Total Liabilities | 30.75 | 35.96 | 46.94 | 47.56 | 46.96 | 91.54 | 122.65 | 142.19 | 59.01 | 38.21 | 62.33 | 51.77 | 7.01 | 6.12 | 12.93 | 0.22 |
| Retained Earnings | (344.31) | (332.98) | (278.79) | (268.72) | (261.27) | (169.16) | (187.09) | (191.63) | (79.25) | (61.57) | (82.24) | (59.88) | (6.70) | (5.76) | (11.55) | -0.00 |
| Total Stockholder Equity* | 5.18 | 4.25 | (4.12) | (5.68) | 1.52 | (66.55) | (91.45) | (112.76) | (2.68) | 10.32 | (12.84) | 6.27 | 167.67 | 168.47 | (11.55) | 0.02 |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.89 | 0.16 | 1.06 | 1.98 | 2.08 | 0.17 | 0.47 | 0.37 | 0.50 | 0.46 | 1.06 | 1.59 | 1.13 | 2.82 | 3.23 | 2.96 | -- | -- | -- | -- |
| Cost of Revenue* | -- | -- | -- | -- | -- | -- | -- | 2.31 | -- | -- | -- | 2.65 | 1.90 | 2.93 | 3.64 | 3.78 | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | (1.94) | -- | -- | -- | (1.06) | (0.77) | (0.11) | (0.42) | (0.80) | 0.45 | -- | 2.10 | (0.36) |
| Research & Development | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.06 | 0.41 | 0.28 | 0.48 | 0.23 | 0.28 | 0.24 | -- | -- | -- | -- |
| Selling, General & Admin | 3.32 | 3.22 | 2.65 | 3.00 | 4.37 | 4.31 | 3.87 | 2.85 | 3.23 | 3.43 | 0.79 | 6.70 | 5.56 | 5.21 | 6.28 | 4.86 | -- | -- | -- | -- |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | 18.95 | -- | -- | -- | 7.14 | 6.10 | 5.71 | 6.71 | 5.25 | 1.97 | -- | 2.96 | 0.08 |
| Operating Income | (6.01) | (5.68) | (5.61) | (5.88) | (6.37) | (5.86) | (5.98) | (5.57) | (6.01) | (5.55) | (34.21) | (8.20) | (6.87) | (5.82) | (10.33) | (6.05) | (1.52) | (0.48) | (0.86) | (0.44) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.32 | -- | 4.32 | -- | -- | -- | 1.40 | -- | -- | -- | -- |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.78) | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | 0.01 | -- | -- | -- |
| Net Income | (11.12) | (9.27) | (19.17) | (6.64) | (7.45) | (7.57) | (84.54) | 17.93 | 4.54 | (72.84) | (39.54) | (17.68) | 20.67 | (14.14) | (8.22) | (13.18) | 1.16 | 1.95 | (3.94) | (4.44) |
| Basic EPS | (2.11) | (2.46) | (7.31) | (2.60) | (0.26) | (0.28) | (29.75) | 6.70 | 2.33 | (1.63) | (1.07) | (0.43) | 0.52 | (0.36) | (1.13) | (1.10) | (0.04) | 0.09 | 0.08 | -- |
| Diluted EPS | (2.11) | (2.46) | (7.31) | (2.60) | (0.26) | (0.28) | (29.63) | (0.36) | (1.12) | (1.63) | (1.04) | (0.43) | 0.49 | (0.26) | (0.26) | (1.10) | (0.04) | -- | -- | (0.25) |
* Derived from reported values
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 | (7.12) | (7.01) | (4.06) | (4.94) | (7.36) | (6.65) | (4.07) | (5.08) | (8.39) | (6.66) | (5.25) | (3.46) | (4.14) | (8.83) | (5.74) | (30.79) | (0.26) | (0.49) | (0.27) | (0.77) |
| Capital Expenditures | 0.01 | 0.00 | 0.91 | 0.00 | -0.00 | 0.05 | 0.03 | 0.11 | 0.03 | 0.32 | 0.89 | 4.64 | 4.61 | 1.49 | 7.44 | 6.81 | -- | -- | -- | -- |
| Free Cash Flow* | (7.13) | (7.01) | (4.97) | (4.94) | (7.36) | (6.70) | (4.11) | (5.19) | (8.42) | (6.98) | (6.14) | (8.11) | (8.75) | (10.33) | (13.18) | (37.59) | -- | -- | -- | -- |
| Investing Cash Flow | (0.01) | 0.00 | (1.41) | -0.00 | 0.00 | (3.92) | 0.21 | (0.10) | 0.01 | 0.07 | (0.81) | (4.64) | (4.61) | 3.47 | (12.40) | (6.81) | -- | -- | 0.00 | (174.22) |
| Financing Cash Flow | 3.22 | 5.28 | 7.55 | 7.77 | (0.03) | 19.44 | 2.15 | 0.00 | 10.32 | 12.03 | 0.04 | 10.53 | 0.62 | 0.06 | 0.00 | 52.92 | 0.13 | 0.27 | 0.00 | 175.76 |
* Derived from reported values