Financial Statements — LGVN
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 | 10.08 | 15.76 | 9.24 | 10.33 | 14.33 | 22.78 | 12.38 | 1.94 | 1.97 | 2.75 | 4.98 | 13.57 | 20.22 | 22.13 | 9.74 | 16.83 | 24.46 |
| Short-term Investments | -- | -- | -- | -- | 0.00 | 0.00 | -- | 0.35 | 1.97 | -- | -- | 8.70 | -- | -- | 9.23 | 4.56 | -- |
| Accounts Receivable | 0.07 | 0.07 | 0.05 | 0.03 | 0.03 | 0.38 | 0.22 | 0.18 | 0.10 | 0.10 | 0.10 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 11.32 | 16.86 | 10.34 | 11.27 | 15.28 | 23.77 | 13.41 | 3.76 | 5.04 | 10.29 | 14.87 | 23.24 | 28.24 | 31.87 | 19.67 | 22.11 | 25.30 |
| Property, Plant & Equipment | 1.60 | 1.65 | 2.12 | 2.26 | 2.29 | 2.62 | 2.37 | 2.35 | 2.54 | 2.72 | 2.81 | 3.06 | 2.84 | 2.97 | 3.07 | 3.23 | 3.42 |
| Intangible Assets | 1.97 | 2.01 | 2.08 | 2.10 | 2.07 | 0.97 | 1.02 | 1.08 | 1.19 | 1.25 | 1.30 | 1.41 | 1.47 | 1.53 | 1.63 | 1.68 | 0.94 |
| Total Non-current Assets* | 4.16 | 4.36 | 5.22 | 5.48 | 5.57 | 6.14 | 5.98 | 5.94 | 6.58 | 6.80 | 6.94 | 7.28 | 7.09 | 7.31 | 7.49 | 7.75 | 7.14 |
| Total Assets | 15.49 | 21.21 | 15.56 | 16.75 | 20.85 | 29.91 | 19.39 | 9.70 | 11.63 | 17.09 | 21.81 | 30.52 | 35.33 | 39.17 | 27.15 | 29.86 | 32.43 |
| Accounts Payable | 0.63 | 0.29 | 1.08 | 0.70 | 0.37 | 0.89 | 0.60 | 1.47 | 0.83 | 1.70 | -- | 0.53 | 0.33 | 0.56 | 0.36 | 0.15 | 0.90 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.00 |
| Total Current Liabilities | 4.31 | 4.35 | 4.94 | 3.28 | 2.72 | 3.10 | 3.21 | 5.30 | 3.39 | 4.08 | 3.60 | 3.72 | 3.62 | 2.40 | 1.93 | 2.19 | 2.78 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.14 | 0.14 | 0.15 |
| Total Non-current Liabilities* | 0.78 | 0.84 | 0.65 | 0.81 | 0.97 | 1.18 | 1.27 | 1.36 | 1.60 | 1.75 | 1.90 | 2.19 | 2.33 | 2.47 | 2.89 | 3.02 | 3.16 |
| Total Liabilities | 5.09 | 5.18 | 5.59 | 4.09 | 3.69 | 4.28 | 4.48 | 6.66 | 4.99 | 5.83 | 5.49 | 5.90 | 5.94 | 4.87 | 4.82 | 5.21 | 5.94 |
| Retained Earnings | (143.12) | (137.05) | (126.87) | (119.65) | (114.62) | (105.52) | (100.96) | (89.04) | (78.96) | (73.05) | (67.42) | (58.32) | (53.07) | (47.45) | (39.87) | (35.01) | (30.00) |
| Total Stockholder Equity | 10.40 | 16.03 | 9.97 | 12.66 | 17.16 | 25.63 | 14.91 | 3.04 | 6.63 | 11.26 | 16.32 | 24.62 | 29.38 | 34.31 | 22.33 | 24.65 | 26.50 |
* 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 | 0.29 | 0.40 | 0.37 | 0.14 | 0.32 | 0.38 | 0.60 | 0.77 | 0.47 | 0.55 | 0.06 | 0.15 | 0.22 | 0.24 | 0.12 | 0.27 | 0.47 | 0.37 | 0.00 | 0.05 |
| Cost of Revenue | 0.11 | 0.13 | 0.11 | 0.01 | 0.17 | 0.11 | 0.07 | 0.09 | 0.12 | 0.22 | 0.07 | 0.10 | 0.12 | 0.20 | 0.18 | 0.17 | 0.31 | 0.07 | 0.14 | 0.07 |
| Gross Profit | 0.18 | 0.26 | 0.26 | 0.13 | 0.15 | 0.28 | 0.53 | 0.68 | 0.34 | 0.33 | -0.00 | 0.05 | 0.09 | 0.08 | (0.05) | 0.09 | 0.16 | 0.30 | 0.07 | 0.16 |
| Research & Development | 3.19 | 2.32 | 2.72 | 3.85 | 2.95 | 2.52 | 1.99 | 2.21 | 1.72 | 2.22 | 2.16 | 1.84 | 2.29 | 2.78 | 3.26 | 2.96 | 1.72 | 1.43 | 1.73 | 2.05 |
| Selling, General & Admin | 3.16 | 2.72 | 2.94 | 3.58 | 2.59 | 2.94 | 2.82 | 3.13 | 2.12 | 2.20 | 3.08 | 3.09 | 3.38 | 1.86 | 1.64 | 2.07 | 2.43 | 1.98 | 2.28 | 3.00 |
| Total Operating Expenses | 6.35 | 5.04 | 5.66 | 7.44 | 5.54 | 5.46 | 4.81 | 5.33 | 3.84 | 4.42 | 5.44 | 5.22 | 5.81 | 4.79 | 5.19 | 5.28 | 4.38 | 3.69 | 4.10 | 5.07 |
| Operating Income | (6.17) | (4.78) | (5.40) | (7.31) | (5.40) | (5.18) | (4.28) | (4.65) | (3.50) | (4.09) | (5.44) | (5.16) | (5.71) | (4.72) | (5.24) | (5.19) | (4.22) | (3.39) | (4.03) | (4.90) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.40 | 0.00 | 0.00 | -- | -- | -- |
| Pretax Income* | (6.07) | (4.74) | (5.44) | (7.22) | (5.03) | (5.01) | (4.08) | (4.42) | (3.41) | (4.06) | (6.03) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (6.07) | (4.74) | (5.44) | (7.22) | (5.03) | (5.01) | (4.08) | (4.42) | (3.41) | (4.06) | (6.03) | (5.11) | (5.63) | (4.65) | (4.46) | (5.24) | (5.62) | (3.51) | (4.07) | (0.94) |
| Basic EPS | (0.19) | (0.19) | (2.30) | (0.39) | (0.33) | (0.34) | 11.60 | (0.34) | (1.83) | (1.61) | (2.50) | (0.28) | (0.27) | (0.22) | (2.10) | (0.25) | (0.27) | -- | -- | -- |
| Diluted EPS | (0.19) | (0.19) | (2.30) | (0.39) | (0.33) | (0.34) | 11.60 | (0.34) | (1.83) | (1.61) | (2.50) | (0.28) | (0.27) | (0.22) | (2.10) | (0.25) | (0.27) | -- | -- | -- |
* 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 | (5.65) | (4.37) | (5.30) | (5.05) | (3.60) | (4.70) | (3.37) | (2.84) | (4.57) | (3.09) | (4.00) | (4.56) | (4.60) | (5.85) | (2.31) | (4.23) | (3.27) | (4.15) | (1.28) | (2.37) |
| Capital Expenditures | 0.10 | 0.00 | 0.00 | 0.06 | 0.16 | 0.03 | 0.01 | 0.43 | 0.20 | 0.02 | 0.16 | 0.00 | 0.09 | 0.04 | 0.07 | 0.38 | 0.08 | 0.05 | 0.31 | 0.01 |
| Free Cash Flow* | (5.76) | (4.37) | (5.30) | (5.11) | (3.76) | (4.72) | (3.39) | (3.27) | (4.76) | (3.10) | (4.16) | (4.56) | (4.69) | (5.89) | (2.37) | (4.61) | (3.35) | (4.20) | (1.59) | (2.38) |
| Investing Cash Flow | (0.10) | (0.02) | (0.06) | (0.12) | (0.26) | (0.15) | (0.12) | (0.48) | (0.05) | 0.01 | 1.56 | 3.83 | 2.45 | 0.35 | (0.57) | (2.39) | 1.52 | 0.77 | (1.31) | (4.72) |
| Financing Cash Flow | 0.08 | 15.49 | 0.78 | 4.08 | (0.13) | (0.06) | (0.05) | 13.72 | 15.05 | 0.06 | 5.42 | (0.05) | (0.09) | (0.02) | (0.19) | (0.03) | (0.15) | (0.14) | 18.52 | 0.00 |
* Derived from reported values