Financial Statements — LEXX
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 3.50 | 5.10 | 4.30 | 4.60 | 6.50 | 8.08 | 8.46 | 4.71 | 3.16 | 3.27 | 4.53 | 7.05 | 8.36 | 9.68 | 8.11 | 9.35 | 0.53 |
| Short-term Investments | 0.00 | 0.00 | 0.00 | 0.03 | 0.07 | 0.04 | 0.05 | 0.09 | 0.27 | 0.27 | 0.07 | 0.29 | 0.55 | 0.49 | 0.40 | 0.47 | 0.04 |
| Accounts Receivable | 0.05 | 0.04 | 0.09 | 0.36 | 0.33 | 0.26 | 0.21 | 0.36 | 0.17 | 0.14 | 0.53 | 0.15 | 0.51 | 0.46 | 0.95 | 0.63 | 0.43 |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.01 | 0.01 | 0.04 | 0.03 | 0.03 | 0.05 | 0.14 | 0.13 |
| Total Current Assets | 4.06 | 5.77 | 5.36 | 5.81 | 7.72 | 8.83 | 9.09 | 5.42 | 4.24 | 4.00 | 2.69 | 8.29 | 10.57 | 10.90 | 9.69 | 10.95 | 1.31 |
| Property, Plant & Equipment | 0.23 | 0.24 | 0.22 | 0.24 | 0.26 | 0.27 | 0.22 | 0.23 | 0.28 | 0.30 | 0.23 | 0.34 | 0.36 | 0.38 | 0.40 | 0.42 | 0.45 |
| Intangible Assets | 0.34 | 0.32 | 0.31 | 0.52 | 0.51 | 0.51 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.30 | 0.30 |
| Total Non-current Assets | 0.72 | 0.72 | 0.69 | 0.93 | 0.95 | 0.97 | 0.93 | 0.94 | 1.00 | 0.85 | 0.93 | 0.85 | 0.84 | 0.84 | 0.86 | 1.23 | 0.87 |
| Total Assets | 4.78 | 6.49 | 6.05 | 6.74 | 8.68 | 9.79 | 10.02 | 6.35 | 5.24 | 4.85 | 3.63 | 9.14 | 11.41 | 11.75 | 10.55 | 12.17 | 2.17 |
| Accounts Payable | 0.35 | 0.18 | 1.43 | 1.46 | 1.79 | 0.27 | 0.13 | 0.06 | 1.02 | 0.19 | 0.10 | 0.16 | 0.12 | 0.19 | 0.17 | 0.15 | 0.08 |
| Total Current Liabilities | 0.38 | 0.21 | 1.46 | 1.49 | 1.82 | 0.30 | 0.16 | 0.08 | 1.06 | 0.22 | 0.12 | 0.21 | 0.17 | 0.24 | 0.22 | 0.40 | 0.24 |
| Total Non-current Liabilities* | 0.05 | 0.06 | 0.07 | 0.09 | 0.09 | 0.10 | 0.12 | 0.12 | 0.14 | 0.00 | 0.00 | 0.02 | 0.03 | 0.04 | 0.06 | 0.07 | 0.11 |
| Total Liabilities | 0.44 | 0.28 | 1.53 | 1.57 | 1.92 | 0.40 | 0.27 | 0.20 | 1.20 | 0.22 | 0.25 | 0.23 | 0.19 | 0.28 | 0.28 | 0.47 | 0.35 |
| Retained Earnings | (68.50) | (66.51) | (65.06) | (60.76) | (56.98) | (54.26) | (49.37) | (47.59) | (44.52) | (42.15) | (46.94) | (37.63) | (35.25) | (33.82) | 30.60 | (28.09) | (28.50) |
| Total Stockholder Equity | 4.74 | 6.60 | 4.91 | 5.55 | 7.14 | 9.77 | 10.12 | 6.52 | 4.40 | 4.97 | 3.74 | 9.18 | 11.22 | 11.47 | 10.27 | 11.77 | 1.88 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 0.00 | 0.02 | 0.00 | 0.17 | 0.17 | 0.17 | 0.18 | 0.08 | 0.08 | 0.30 | -0.00 | 0.09 | (0.01) | 0.15 | 0.11 | 0.14 | 0.03 | 0.01 | 0.03 | 0.20 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.04 | 0.02 | 0.01 | 0.01 | 0.02 | 0.06 |
| Gross Profit | 0.00 | 0.02 | 0.00 | 0.17 | 0.17 | 0.17 | 0.18 | 0.08 | 0.08 | 0.14 | -0.00 | 0.08 | 0.03 | 0.15 | 0.07 | 0.08 | 0.02 | 0.01 | 0.01 | 0.14 |
| Research & Development | 0.97 | 0.48 | 0.67 | 1.88 | 2.72 | 1.69 | 1.95 | 0.97 | 0.57 | 0.25 | 0.50 | 1.64 | 0.70 | 0.57 | 0.36 | 0.75 | 0.28 | 0.46 | 0.44 | 0.45 |
| Selling, General & Admin | 1.02 | 1.00 | 0.90 | 0.98 | 1.21 | 1.24 | 0.92 | 1.32 | 1.25 | 0.57 | 0.57 | 0.82 | 0.65 | 0.71 | 1.23 | 1.75 | 1.20 | 1.55 | 4.61 | 0.11 |
| Total Operating Expenses | 1.99 | 1.47 | 1.57 | 2.86 | 3.92 | 2.93 | 2.87 | 2.29 | 1.83 | 0.81 | 1.07 | 2.46 | 1.34 | 1.29 | 1.58 | 2.50 | 1.47 | -- | 2.84 | 2.71 |
| Operating Income | (1.99) | (1.45) | (1.57) | (2.69) | (3.75) | (2.75) | (2.69) | (2.20) | (1.74) | (0.67) | (1.11) | -- | -- | (1.14) | (1.51) | (2.42) | -- | -- | -- | -- |
| Pretax Income | (1.99) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (1.99) | (1.45) | (1.60) | (2.70) | (3.79) | (2.71) | (2.70) | (2.18) | (1.78) | (0.65) | (1.24) | (2.37) | (1.30) | (1.18) | (1.40) | (2.42) | (1.45) | (2.00) | -- | (2.57) |
| Diluted EPS | (0.08) | (0.06) | (0.07) | (2.10) | (0.21) | (0.15) | (0.16) | (2.25) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (1.64) | (2.16) | (0.98) | (2.64) | (3.58) | (1.50) | (2.73) | (1.89) | (1.27) | (1.80) | (1.62) | (1.79) | (2.47) | (1.18) | (1.18) | (1.26) | (1.28) | (1.17) | (1.08) | (1.17) |
| Capital Expenditures | 0.00 | 0.04 | 0.00 | 0.00 | -0.00 | 0.00 | 0.02 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (1.64) | (2.20) | (0.98) | (2.64) | (3.58) | (1.50) | (2.75) | (1.93) | (1.27) | (1.80) | (1.62) | (1.79) | (2.51) | (1.18) | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.03) | (0.05) | (0.01) | (0.16) | (0.02) | (0.03) | (0.04) | (0.07) | (0.02) | (0.10) | (0.07) | (0.03) | (0.07) | (0.04) | (0.05) | (0.04) | (0.03) | (0.06) | -0.00 | (0.07) |
| Financing Cash Flow | 0.00 | 3.04 | 3.47 | 0.00 | 1.69 | 0.01 | 4.35 | -- | 5.04 | 5.27 | (0.12) | 1.71 | (1.82) | 1.82 | (0.01) | (0.06) | 0.03 | (0.01) | 3.97 | 0.00 |
* Derived from reported values
