Financial Statements — LICN
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Cash & Equivalents | 22.57 | 34.19 | 18.81 |
| Accounts Receivable | -- | -- | 2.72 |
| Inventory | 0.00 | 0.05 | 0.13 |
| Total Current Assets | 28.32 | 49.18 | 29.79 |
| Property, Plant & Equipment | 7.06 | 14.15 | 14.34 |
| Goodwill | 4.45 | -- | -- |
| Intangible Assets | 9.51 | 4.62 | 3.88 |
| Total Non-current Assets* | 38.88 | 23.42 | 26.40 |
| Total Assets | 67.21 | 72.59 | 56.19 |
| Accounts Payable | 0.00 | 0.08 | 0.07 |
| Total Current Liabilities | 2.78 | 2.80 | 2.83 |
| Total Non-current Liabilities* | 0.18 | 0.01 | 0.09 |
| Total Liabilities | 2.96 | 2.81 | 2.92 |
| Retained Earnings | 32.73 | 48.99 | 42.19 |
| Total Stockholder Equity | 64.25 | 69.78 | 53.28 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Total Revenue | 14.26 | 18.10 | 12.16 |
| Cost of Revenue | 7.67 | 7.13 | 6.10 |
| Gross Profit | 6.60 | 10.97 | 9.83 |
| Selling, General & Admin | 5.93 | 5.48 | 4.58 |
| Total Operating Expenses | 11.84 | 9.26 | 6.98 |
| Operating Income | (5.25) | 1.70 | 2.85 |
| Pretax Income | (9.09) | 1.77 | 2.15 |
| Tax Provision | 0.09 | 1.00 | 0.80 |
| Net Income | (9.36) | 0.77 | 1.36 |
| Basic EPS | (32.46) | 0.03 | 0.05 |
| Diluted EPS | (32.46) | 0.03 | 0.05 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Operating Cash Flow | (1.85) | 3.69 | (0.12) |
| Capital Expenditures | -- | 0.83 | 4.68 |
| Free Cash Flow* | -- | 2.86 | (4.80) |
| Investing Cash Flow | (8.61) | (2.25) | (15.85) |
| Financing Cash Flow | 5.10 | 7.27 | 14.10 |
* Derived from reported values
