Financial Statements — LASE
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 | 2.16 | 1.63 | 3.62 | 0.08 | 0.18 | 2.12 | 2.75 | 5.17 | 8.31 | 9.88 | 10.82 | 0.23 | 0.54 | 0.47 | 0.60 | 0.50 | 0.38 |
| Accounts Receivable | 0.51 | 1.11 | 0.39 | 0.88 | -- | -- | 0.45 | 0.44 | 1.66 | 1.40 | 1.75 | 1.25 | 0.70 | 0.74 | 1.29 | 0.89 | 0.62 |
| Inventory | 1.18 | 1.24 | 2.15 | 1.48 | 2.00 | 1.83 | 2.11 | 2.17 | 2.61 | 2.22 | 1.95 | 1.68 | 1.60 | 1.92 | 1.94 | 2.04 | 1.99 |
| Total Current Assets | 4.60 | 4.53 | 6.81 | 3.35 | 4.00 | 4.77 | 5.70 | 7.90 | 12.64 | 13.84 | 14.51 | 3.16 | 2.85 | 3.13 | 3.83 | 3.44 | 2.99 |
| Property, Plant & Equipment | 1.04 | 1.13 | 1.10 | 1.65 | 1.78 | 1.26 | 0.92 | 1.01 | 0.76 | 0.74 | 0.65 | 0.62 | 0.64 | 0.67 | 0.74 | 0.77 | 0.81 |
| Intangible Assets | 0.87 | 0.90 | 4.98 | 5.14 | 5.35 | 4.03 | 4.08 | 4.20 | 2.80 | 2.83 | 2.88 | 3.00 | -- | 3.11 | 3.01 | 3.19 | 3.19 |
| Total Non-current Assets* | 5.98 | 6.38 | 10.65 | 11.59 | 12.04 | 5.85 | 5.38 | 5.69 | 4.14 | 4.24 | 4.46 | 4.00 | 4.16 | 4.24 | 3.76 | 4.07 | 4.15 |
| Total Assets | 10.58 | 10.91 | 17.46 | 14.94 | 16.04 | 10.62 | 11.08 | 13.58 | 16.79 | 18.08 | 18.97 | 7.16 | 7.00 | 7.37 | 7.59 | 7.50 | 7.14 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | 0.20 | 0.31 | 0.23 | 0.30 | 0.42 | 0.20 | 0.20 | 0.20 | 0.02 | 0.02 | 0.02 |
| Total Current Liabilities | 7.71 | 8.51 | 9.15 | 6.34 | 4.87 | 0.89 | 0.62 | 1.47 | 0.59 | 0.64 | 2.52 | 0.50 | 0.41 | 0.85 | 0.69 | 0.60 | 0.35 |
| Total Non-current Liabilities* | 3.78 | 4.09 | 4.21 | 4.26 | 4.31 | 0.05 | 0.18 | 0.16 | 0.24 | 0.31 | 0.40 | 0.20 | 0.33 | 0.58 | 1.07 | 1.11 | 1.32 |
| Total Liabilities | 11.49 | 12.61 | 13.36 | 10.60 | 9.19 | 0.93 | 0.80 | 1.64 | 0.82 | 0.95 | 2.91 | 0.69 | 0.74 | 1.43 | 1.76 | 1.71 | 1.67 |
| Retained Earnings | (31.44) | (28.16) | (15.86) | (11.21) | (9.44) | (8.34) | (8.91) | (6.23) | (3.23) | (0.73) | (0.73) | 1.17 | 0.97 | 0.65 | 0.54 | 0.50 | -0.00 |
| Total Stockholder Equity* | (0.91) | (1.70) | 4.10 | 4.34 | 6.85 | 9.69 | 10.28 | 11.95 | 15.97 | 17.13 | 16.06 | 6.47 | 6.26 | 5.94 | 5.83 | 5.79 | 5.47 |
* 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 | 1.81 | 0.92 | 2.53 | 0.92 | 2.60 | 2.29 | 1.33 | 0.67 | 0.62 | 0.74 | 0.43 | 1.30 | 1.64 | 1.24 | 1.16 | 1.22 | 1.35 | 1.21 | 1.20 | 1.10 |
| Cost of Revenue* | 1.65 | 1.30 | 3.68 | 1.10 | 1.21 | 1.15 | 1.16 | 0.11 | 0.31 | 0.36 | 0.63 | 0.33 | 0.28 | 0.24 | 0.87 | 0.51 | 0.41 | 0.30 | 0.65 | 0.32 |
| Gross Profit | 0.15 | (0.39) | (1.14) | (0.18) | 1.39 | 1.14 | 0.17 | 0.61 | 0.32 | 0.39 | 0.31 | 0.91 | 0.68 | 1.00 | 0.30 | 0.71 | 0.94 | 0.91 | 0.90 | 0.77 |
| Research & Development | 0.22 | 0.13 | 0.13 | 0.13 | 0.13 | 0.12 | 0.09 | 0.06 | 0.06 | 0.05 | 0.05 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 1.50 | 1.64 | 4.93 | 1.53 | 0.70 | 0.90 | (0.23) | 1.05 | 1.62 | 0.36 | (1.08) | 1.20 | 0.71 | 1.08 | 0.75 | 0.32 | 0.61 | 0.14 | (0.59) | 0.64 |
| Total Operating Expenses | 2.54 | 2.39 | 6.40 | 3.03 | 2.35 | 2.71 | 2.27 | 2.32 | 2.43 | 0.93 | 1.36 | 2.00 | 0.65 | 2.23 | 2.22 | 0.48 | 0.61 | 0.54 | 0.80 | 0.64 |
| Operating Income | (2.39) | (2.78) | (7.54) | (3.22) | (0.96) | (1.57) | (2.10) | (1.71) | (2.11) | (0.55) | (1.05) | (1.10) | 0.03 | (1.23) | (1.92) | 0.23 | 0.33 | -- | -- | 0.14 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | -- | 0.01 |
| Pretax Income | -- | -- | -- | (4.66) | (1.77) | (1.68) | 1.77 | (1.63) | (2.11) | (0.55) | (0.82) | (1.10) | 0.03 | (1.43) | -- | -- | 0.32 | -- | -- | 0.15 |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 | -- | 0.00 |
| Net Income | (3.28) | (2.95) | (9.35) | (4.66) | (1.77) | (1.68) | 1.77 | (1.63) | (2.11) | (0.55) | (0.82) | (1.10) | 0.03 | (1.43) | (1.90) | 0.21 | 0.32 | 0.38 | 0.11 | 0.15 |
| Basic EPS | (0.08) | -- | (0.51) | (0.27) | (0.12) | (0.12) | 0.17 | (0.13) | (0.20) | (0.06) | (0.37) | (0.13) | 0.00 | (0.18) | -- | 0.04 | 0.07 | -- | -- | -- |
| Diluted EPS | (0.08) | -- | (0.51) | (0.27) | (0.12) | (0.12) | 0.17 | (0.13) | (0.20) | (0.06) | (0.37) | (0.13) | 0.00 | -- | -- | 0.04 | -- | 0.08 | -- | -- |
* 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 | (2.89) | (1.84) | (4.96) | 0.76 | (1.04) | (1.16) | (2.70) | (3.19) | (2.39) | (0.87) | (1.92) | (0.39) | (1.84) | (1.32) | (0.84) | (0.36) | 0.28 | 0.18 | 0.98 | 0.13 |
| Capital Expenditures | -- | -- | -- | (0.01) | 0.02 | -- | -- | 0.12 | 0.03 | 0.00 | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | 0.77 | (1.05) | -- | -- | (3.31) | (2.42) | (0.87) | -- | -- | -- | -- | (0.84) | (0.36) | 0.28 | -- | -- | -- |
| Investing Cash Flow | 0.00 | (0.10) | 0.00 | 0.00 | 0.00 | (0.02) | (0.69) | (0.09) | (0.04) | (0.16) | (0.16) | (0.14) | (0.14) | (0.05) | (0.04) | -0.00 | 0.00 | -0.00 | (0.13) | -0.00 |
| Financing Cash Flow | 3.42 | 2.92 | 1.98 | 2.78 | 0.93 | 0.83 | 1.80 | 2.65 | 0.00 | 0.00 | (0.03) | (1.05) | 1.05 | 0.00 | 12.83 | 0.05 | (0.21) | (0.33) | (0.83) | (0.03) |
* Derived from reported values