Financial Statements — LFMDP
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 | 25.14 | 34.48 | -- | 36.23 | 34.39 | 37.59 | 35.70 | 35.11 | 15.29 | 11.91 | 11.52 | 5.84 | 11.72 | 25.08 | 9.45 | 17.41 | 13.41 |
| Accounts Receivable | 11.26 | 9.86 | 9.24 | 7.33 | 10.19 | 6.05 | 5.67 | 5.34 | 4.42 | 3.67 | 2.94 | 2.54 | 2.51 | 1.80 | 1.50 | 1.61 | 1.35 |
| Inventory | 2.96 | 3.18 | 3.43 | 3.25 | 2.97 | 2.65 | 2.06 | 2.37 | 3.79 | 3.70 | 3.38 | 3.68 | 2.97 | 1.24 | 1.59 | 1.61 | 1.67 |
| Total Current Assets | 42.08 | 51.70 | 41.09 | 49.03 | 49.97 | 48.66 | 45.07 | 44.41 | 24.89 | 20.18 | 19.16 | 12.97 | 18.51 | 29.58 | 14.13 | 22.48 | 17.84 |
| Property, Plant & Equipment | 2.04 | 2.26 | 2.58 | 2.05 | 1.44 | 1.42 | 1.12 | 0.59 | 0.42 | 0.44 | 0.46 | 0.53 | 0.56 | 0.51 | 0.07 | 0.02 | -- |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | 8.00 | 8.00 | 0.00 | 5.65 | 6.72 | -- | -- | -- | -- |
| Intangible Assets | 0.20 | 0.23 | 1.56 | 1.83 | 1.79 | 2.28 | 2.52 | 2.76 | 3.26 | 3.50 | 3.60 | 4.92 | 10.90 | 13.86 | 0.02 | -- | 0.26 |
| Total Non-current Assets | 17.81 | 18.43 | 24.90 | 24.54 | 23.64 | 23.90 | 18.75 | 17.05 | 15.80 | 15.27 | 14.71 | 20.39 | 19.46 | 20.71 | 2.22 | 1.51 | 0.91 |
| Total Assets | 59.89 | 70.12 | 65.98 | 73.56 | 73.61 | 72.56 | 63.82 | 61.46 | 40.69 | 35.45 | 33.87 | 33.36 | 37.97 | 50.29 | 16.35 | 23.99 | 18.74 |
| Accounts Payable | 18.16 | 21.65 | 19.55 | 24.29 | 15.68 | 15.87 | 15.05 | 12.40 | 9.64 | 9.59 | 6.90 | 10.80 | 11.94 | 11.68 | 18.38 | 16.73 | 13.43 |
| Total Current Liabilities | 46.61 | 49.59 | 56.66 | 63.53 | 60.90 | 58.95 | 51.65 | 44.68 | 32.52 | 31.52 | 27.02 | 24.94 | 25.87 | 25.61 | 19.88 | 18.55 | 15.44 |
| Long-term Debt | -- | -- | -- | 15.90 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10.82 | 9.25 | -- |
| Total Non-current Liabilities* | 5.32 | 5.50 | 5.95 | 9.65 | 13.11 | 19.56 | 14.23 | 15.48 | 19.25 | 14.13 | 14.21 | 5.34 | 5.29 | 8.32 | 11.14 | 9.59 | 0.36 |
| Total Liabilities | 51.93 | 55.09 | 62.62 | 73.18 | 74.01 | 78.51 | 65.88 | 60.16 | 51.78 | 45.65 | 41.23 | 30.28 | 31.16 | 33.94 | 31.01 | 28.14 | 15.81 |
| Retained Earnings | (246.11) | (238.25) | (247.79) | (238.50) | (235.64) | (235.37) | (229.46) | (221.81) | (209.76) | (202.86) | (195.35) | (177.85) | (169.79) | (156.00) | (122.94) | (108.58) | (91.75) |
| Total Stockholder Equity | 7.97 | 15.04 | 1.31 | (1.78) | (2.33) | (7.72) | (4.21) | (0.85) | (12.67) | (16.02) | (12.01) | (0.57) | 3.51 | 13.18 | (17.56) | (7.03) | (0.07) |
* 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 | 47.28 | 50.16 | 5.97 | 60.17 | 62.22 | 65.70 | 64.25 | 53.39 | 50.66 | 44.14 | 44.86 | 38.61 | 35.95 | 33.13 | 28.12 | 31.41 | 30.46 | 29.04 | 27.42 | 24.95 |
| Cost of Revenue | 5.28 | 5.93 | 4.23 | 7.41 | 7.43 | 8.64 | 9.43 | 5.01 | 5.02 | 4.60 | 5.36 | 4.78 | 4.55 | 4.21 | 4.07 | 4.72 | 4.64 | 5.25 | 5.44 | 5.10 |
| Gross Profit | 42.00 | 44.24 | 1.73 | 52.76 | 54.79 | 57.05 | 54.82 | 48.38 | 45.64 | 39.54 | 39.50 | 33.83 | 31.40 | 28.91 | 24.05 | 26.70 | 25.82 | 23.79 | 21.98 | 19.85 |
| Selling, General & Admin | 13.65 | 15.18 | 6.73 | 16.59 | 17.57 | 17.06 | 19.91 | 18.93 | 18.52 | 15.31 | 15.57 | 13.40 | 12.12 | 10.60 | 8.93 | 12.48 | 13.25 | 12.30 | 11.59 | 10.70 |
| Total Operating Expenses | 49.13 | 53.17 | 9.07 | 54.73 | 55.69 | 54.51 | 53.81 | 53.07 | 51.94 | 45.72 | 41.68 | 38.40 | 36.29 | 31.76 | 31.94 | 33.51 | 41.46 | 36.90 | 35.65 | 32.44 |
| Operating Income | (7.13) | (8.93) | (7.34) | (1.97) | (0.91) | 2.54 | 1.02 | (4.69) | (6.31) | (6.17) | (2.17) | (4.57) | (4.90) | (2.85) | (7.88) | (6.82) | (15.64) | (13.11) | (13.66) | (12.59) |
| Interest Expense | (0.05) | (0.06) | (0.19) | 0.26 | 0.66 | 0.63 | 0.61 | 0.56 | 0.53 | 0.48 | 0.62 | 0.71 | 1.00 | 0.26 | 0.84 | 0.13 | 0.13 | 0.17 | 0.15 | -- |
| Pretax Income | (7.08) | (8.87) | (6.03) | (3.39) | -- | -- | 0.40 | (5.24) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (18.00) | (14.42) |
| Tax Provision | -- | -- | (0.12) | 0.17 | -- | -- | 0.17 | 0.23 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (7.08) | (8.87) | 18.85 | (3.81) | (2.07) | 1.38 | (0.11) | (5.13) | (6.88) | (6.77) | (3.73) | (6.12) | (6.73) | (4.01) | (11.94) | (7.28) | (13.02) | (13.30) | (18.11) | (14.35) |
| Basic EPS | (0.16) | (0.20) | (0.14) | (0.05) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (0.16) | (0.20) | (0.14) | (0.05) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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 | (6.93) | 0.44 | (3.28) | (0.15) | 8.64 | 3.07 | 1.57 | 6.20 | 4.54 | 5.20 | 5.71 | 1.08 | 4.64 | (2.61) | (1.97) | (2.78) | (10.10) | (8.09) | (5.83) | (7.42) |
| Capital Expenditures | 0.07 | 0.11 | 0.16 | 0.80 | 0.80 | 0.12 | 0.23 | 0.45 | 0.64 | 0.18 | 0.11 | 0.03 | 0.03 | 0.03 | (0.01) | 0.02 | 0.09 | 0.27 | 0.18 | 0.05 |
| Free Cash Flow* | (6.99) | 0.34 | (3.44) | (0.94) | 7.84 | 2.95 | 1.34 | 5.76 | 3.90 | 5.03 | 5.60 | 1.05 | 4.61 | (2.65) | (1.96) | (2.80) | (10.19) | (8.36) | (6.00) | (7.47) |
| Investing Cash Flow | (1.63) | (2.06) | 17.07 | (3.59) | (3.70) | (2.87) | (2.72) | (3.49) | (3.13) | (2.19) | (2.22) | (2.40) | (2.30) | (1.81) | (1.77) | (2.24) | (2.51) | (7.38) | (1.58) | (0.85) |
| Financing Cash Flow | (0.78) | (0.70) | (0.79) | (8.70) | (3.10) | (0.81) | (1.43) | (0.83) | (0.82) | (1.05) | 14.36 | 4.71 | (1.96) | 11.99 | 1.86 | (0.86) | (0.75) | (0.77) | 39.29 | 0.31 |
* Derived from reported values
