Financial Statements — LASR
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 | 295.76 | 298.21 | 81.11 | 78.81 | 82.20 | 41.46 | 49.39 | 61.31 | 52.09 | 41.82 | 48.40 | 62.18 | 70.63 | 134.95 | 165.58 | 175.36 | 185.64 |
| Accounts Receivable | 46.83 | 48.11 | 49.32 | 44.43 | 36.58 | 40.28 | 32.19 | 27.55 | 35.52 | 46.25 | 36.14 | 43.80 | 45.94 | 36.91 | 36.49 | 36.83 | 31.66 |
| Inventory | 48.23 | 43.86 | 51.46 | 48.30 | 43.79 | 48.83 | 52.32 | 53.01 | 61.59 | 64.94 | 67.16 | 80.66 | 80.19 | 77.24 | 70.68 | 63.30 | 58.80 |
| Total Current Assets | 447.36 | 446.07 | 228.39 | 222.86 | 215.77 | 210.78 | 212.50 | 219.20 | 224.36 | 228.98 | 233.25 | 250.98 | 261.38 | 269.50 | 290.02 | 287.06 | 285.65 |
| Property, Plant & Equipment | 42.69 | 40.90 | 44.23 | 44.94 | 45.45 | 47.89 | 49.43 | 50.29 | 54.13 | 57.12 | 58.98 | 63.23 | 62.25 | 58.31 | 52.30 | 49.38 | 46.13 |
| Goodwill | 12.43 | 12.43 | 12.45 | 12.45 | 12.38 | 12.41 | 12.38 | 12.38 | 12.37 | 12.39 | 12.39 | 12.31 | 12.36 | 12.41 | 12.44 | 12.46 | 12.45 |
| Intangible Assets | -- | -- | 0.44 | 0.54 | 0.68 | 0.98 | 1.13 | 1.28 | 2.17 | 2.80 | 3.41 | 4.68 | 5.30 | 6.00 | 5.58 | 6.52 | 7.41 |
| Total Non-current Assets* | 70.23 | 69.63 | 70.30 | 72.39 | 74.22 | 80.51 | 81.80 | 83.63 | 88.47 | 92.92 | 96.51 | 97.58 | 99.09 | 98.41 | 91.95 | 91.52 | 89.42 |
| Total Assets | 517.59 | 515.70 | 298.69 | 295.25 | 290.00 | 291.29 | 294.30 | 302.83 | 312.83 | 321.90 | 329.76 | 348.55 | 360.47 | 367.91 | 381.97 | 378.57 | 375.07 |
| Accounts Payable | 23.95 | 19.13 | 16.90 | 18.38 | 16.92 | 16.47 | 13.36 | 13.91 | 14.33 | 17.57 | 17.76 | 19.76 | 23.32 | 23.12 | 31.87 | 25.68 | 23.64 |
| Total Current Liabilities | 54.75 | 63.05 | 40.54 | 39.56 | 37.16 | 36.15 | 34.84 | 38.26 | 33.57 | 36.11 | 36.74 | 38.74 | 41.52 | 40.63 | 52.08 | 46.83 | 42.91 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.03 | 0.03 |
| Total Non-current Liabilities* | 22.94 | 23.41 | 39.66 | 39.69 | 40.07 | 19.88 | 19.93 | 20.21 | 19.74 | 20.43 | 23.86 | 23.98 | 25.10 | 26.70 | 25.90 | 27.10 | 28.11 |
| Total Liabilities | 77.69 | 86.46 | 80.20 | 79.25 | 77.24 | 56.02 | 54.77 | 58.47 | 53.31 | 56.54 | 60.60 | 62.72 | 66.62 | 67.33 | 77.97 | 73.93 | 71.02 |
| Retained Earnings | (349.26) | (347.92) | (343.65) | (336.78) | (333.19) | (300.13) | (289.80) | (278.07) | (251.07) | (239.19) | (230.36) | (199.97) | (187.02) | (176.68) | (159.30) | (152.43) | (144.53) |
| Total Stockholder Equity | 439.90 | 429.24 | 218.49 | 216.00 | 212.76 | 235.27 | 239.53 | 244.36 | 259.52 | 265.36 | 269.16 | 285.84 | 293.85 | 300.58 | 304.00 | 304.65 | 304.06 |
* 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 | 82.59 | 80.18 | 81.19 | 66.74 | 61.74 | 51.67 | 47.38 | 56.13 | 50.51 | 44.53 | 51.89 | 50.63 | 53.30 | 54.09 | 56.68 | 60.09 | 60.83 | 64.46 | 67.45 | 72.24 |
| Cost of Revenue | 56.87 | 53.67 | 56.23 | 45.99 | 43.28 | 37.87 | 46.25 | 43.58 | 38.66 | 37.04 | 42.09 | 40.70 | 41.20 | 39.83 | 50.90 | 46.62 | 45.44 | 48.28 | 49.51 | 50.84 |
| Gross Profit | 25.73 | 26.51 | 24.95 | 20.75 | 18.46 | 13.80 | 1.13 | 12.55 | 11.85 | 7.49 | 9.80 | 9.94 | 12.11 | 14.26 | 5.78 | 13.48 | 15.39 | 16.18 | 17.94 | 21.40 |
| Research & Development | 13.13 | 11.85 | 14.05 | 11.53 | 11.01 | 11.37 | 11.38 | 11.33 | 11.74 | 10.66 | 12.11 | 10.74 | 12.00 | 11.30 | 13.56 | 12.72 | 13.79 | 13.71 | 13.98 | 14.84 |
| Selling, General & Admin | 16.16 | 15.09 | 15.69 | 14.79 | 11.68 | 12.04 | 11.89 | 13.02 | 12.80 | 11.55 | 11.22 | 11.73 | 11.79 | 11.17 | 11.83 | 13.74 | 11.91 | 10.78 | 12.62 | 13.32 |
| Total Operating Expenses | 29.29 | 27.23 | 30.36 | 28.05 | 22.69 | 23.41 | 27.56 | 24.35 | 24.54 | 22.21 | 24.15 | 22.47 | 23.79 | 22.47 | 29.28 | 26.46 | 25.70 | 24.49 | 26.61 | 28.15 |
| Operating Income | (3.57) | (0.72) | (5.40) | (7.30) | (4.24) | (9.61) | (26.43) | (11.80) | (12.69) | (14.72) | (14.34) | (12.53) | (11.69) | (8.21) | (23.49) | (12.98) | (10.32) | (8.31) | (8.66) | (6.76) |
| Pretax Income | (1.26) | 0.70 | (4.64) | (6.60) | (3.57) | (7.96) | (25.56) | (10.07) | (11.61) | (13.62) | (13.21) | (11.69) | (10.28) | (7.47) | (22.76) | (12.84) | (10.35) | (8.28) | (8.61) | (6.68) |
| Tax Provision | 0.08 | 0.05 | 0.27 | 0.27 | 0.02 | 0.14 | (0.60) | 0.26 | 0.12 | 0.14 | 0.03 | 0.19 | (1.46) | 0.26 | (0.10) | 0.11 | (0.01) | 0.34 | 0.14 | 0.20 |
| Net Income | (1.34) | 0.65 | (4.91) | (6.87) | (3.59) | (8.09) | (24.96) | (10.33) | (11.73) | (13.77) | (13.24) | (11.88) | (8.82) | (7.73) | (22.66) | (12.95) | (10.34) | (8.62) | (8.75) | (6.88) |
| Basic EPS | (0.02) | 0.01 | (0.10) | (0.14) | (0.07) | (0.16) | (0.52) | (0.21) | (0.25) | (0.29) | (0.28) | (0.26) | (0.19) | (0.17) | (0.51) | (0.29) | (0.23) | (0.20) | (0.20) | (0.16) |
| Diluted EPS | (0.02) | 0.01 | (0.10) | (0.14) | (0.07) | (0.16) | (0.52) | (0.21) | (0.25) | (0.29) | (0.28) | (0.26) | (0.19) | (0.17) | (0.51) | (0.29) | (0.23) | (0.20) | (0.20) | (0.16) |
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 | 20.73 | 9.68 | 17.52 | 5.22 | (1.38) | (0.02) | (3.89) | (5.62) | (4.23) | 11.38 | 0.40 | 13.15 | (4.11) | 0.64 | 0.01 | (2.79) | (4.76) | (7.00) | (10.13) | (0.40) |
| Capital Expenditures | 4.85 | 2.11 | 1.59 | 2.77 | 2.39 | 2.28 | 2.62 | 1.61 | 2.15 | 1.56 | 0.95 | 2.75 | 0.96 | 0.68 | 4.95 | 3.55 | 7.87 | 5.02 | 5.68 | 5.67 |
| Free Cash Flow* | 15.88 | 7.57 | 15.93 | 2.45 | (3.78) | (2.30) | (6.51) | (7.23) | (6.38) | 9.82 | (0.55) | 10.40 | (5.06) | (0.04) | (4.94) | (6.34) | (12.63) | (12.02) | (15.81) | (6.07) |
| Investing Cash Flow | (4.85) | (1.37) | (1.50) | (2.89) | (1.95) | (2.43) | 27.61 | (1.98) | (7.39) | (1.55) | (0.94) | (2.34) | (0.78) | (10.04) | (4.92) | (4.34) | (57.99) | (5.13) | (7.62) | (5.76) |
| Financing Cash Flow | (18.26) | 191.24 | 1.59 | 0.03 | (0.28) | 18.77 | 1.07 | (0.57) | (0.18) | (1.61) | 1.20 | (0.48) | (1.54) | (0.04) | 0.31 | (1.04) | (1.19) | 0.61 | (1.32) | (3.49) |
* Derived from reported values
