Financial Statements — LINK
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 | 1.83 | 2.11 | 2.99 | 2.33 | 2.59 | 3.81 | 3.96 | 4.37 | 5.21 | 5.11 | 6.69 | 3.89 | 4.40 | 8.13 | 6.64 | 6.25 | 6.10 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 6.57 | 6.41 | 2.34 | -- | -- | -- |
| Accounts Receivable | 2.15 | 1.71 | 1.35 | 2.13 | 1.64 | 1.17 | 1.48 | 1.77 | 1.62 | 2.15 | 2.26 | 0.96 | 0.72 | 1.30 | 1.11 | 1.17 | 0.97 |
| Inventory | 1.80 | 1.99 | 1.80 | 1.65 | 1.84 | 2.49 | 2.56 | 2.57 | 2.88 | 2.94 | 2.98 | 1.06 | 1.01 | 0.80 | 0.81 | 0.88 | 0.88 |
| Total Current Assets | 6.04 | 6.08 | 6.41 | 6.42 | 6.39 | 7.72 | 8.30 | 9.08 | 9.93 | 10.45 | 12.43 | 12.93 | 13.02 | 12.96 | 8.89 | 8.47 | 8.29 |
| Property, Plant & Equipment | 0.38 | 0.42 | 0.50 | 0.55 | 0.58 | 0.31 | 0.25 | 0.29 | 0.31 | 0.34 | 0.31 | 0.20 | 0.25 | 0.29 | 0.37 | 0.42 | 0.36 |
| Goodwill | 2.54 | 2.54 | 2.58 | 2.63 | 2.49 | 2.57 | 2.44 | 2.44 | 4.39 | 4.55 | 4.86 | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 1.00 | 1.14 | 1.51 | 1.72 | 1.81 | 2.17 | 2.25 | 2.44 | 0.29 | 0.32 | 0.06 | 0.09 | 0.10 | 0.12 | 0.15 | 0.16 | 0.18 |
| Total Non-current Assets* | 5.20 | 5.06 | 5.68 | 6.09 | 6.08 | 6.40 | 5.95 | 5.42 | 5.36 | 5.63 | 5.66 | 0.53 | 0.65 | 0.57 | 1.33 | 1.43 | 1.43 |
| Total Assets | 11.23 | 11.14 | 12.08 | 12.51 | 12.47 | 14.12 | 14.24 | 14.50 | 15.29 | 16.08 | 18.10 | 13.46 | 13.67 | 13.53 | 10.21 | 9.90 | 9.72 |
| Accounts Payable | 0.57 | 1.04 | 0.73 | 0.50 | 0.77 | 0.37 | 0.36 | 0.97 | 0.91 | 1.09 | 2.97 | 0.36 | 0.37 | 0.33 | 0.23 | 0.37 | 0.29 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.19 |
| Total Current Liabilities | 1.32 | 1.68 | 1.53 | 1.42 | 1.59 | 1.25 | 1.44 | 1.84 | 1.96 | 2.15 | 4.27 | 0.95 | 0.97 | 0.76 | 1.02 | 0.93 | 0.83 |
| Total Non-current Liabilities | 0.89 | 0.72 | 0.92 | 1.05 | 1.12 | 1.40 | 1.13 | 0.58 | 0.05 | 0.08 | 0.08 | 0.06 | 0.09 | 0.01 | 0.07 | 0.09 | 0.10 |
| Total Liabilities | 2.21 | 2.40 | 2.45 | 2.47 | 2.71 | 2.66 | 2.57 | 2.42 | 2.02 | 2.22 | 4.36 | 1.01 | 1.06 | 0.78 | 1.09 | 1.01 | 0.93 |
| Retained Earnings | (53.88) | (54.13) | (53.19) | (52.75) | (52.75) | (51.33) | (50.71) | (50.30) | (48.91) | (48.69) | (48.97) | (49.99) | (49.90) | (49.91) | (48.93) | (49.15) | (49.21) |
| Total Stockholder Equity | 9.03 | 8.74 | 9.63 | 10.04 | 9.77 | 11.47 | 11.67 | 12.08 | 13.28 | 13.86 | 13.74 | 12.45 | 12.61 | 12.75 | 9.12 | 8.89 | 8.79 |
* 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 | 3.77 | 3.07 | 2.85 | 2.96 | 3.41 | 2.66 | 2.99 | 2.67 | 2.90 | 3.12 | 3.54 | 3.08 | 4.05 | 3.28 | 1.61 | 1.85 | 2.04 | 1.99 | 1.62 | 2.22 |
| Cost of Revenue | 2.10 | 1.74 | 1.95 | 1.72 | 1.88 | 1.72 | 1.80 | 1.57 | 1.59 | 1.87 | 2.09 | 1.62 | 1.99 | 1.69 | 0.82 | 0.98 | 1.09 | 0.75 | 0.86 | 0.93 |
| Gross Profit | 1.67 | 1.34 | 0.91 | 1.24 | 1.54 | 0.95 | 1.18 | 1.11 | 1.31 | 1.25 | 1.45 | 1.46 | 2.06 | 1.59 | 0.80 | 0.87 | 0.95 | 1.24 | 0.77 | 1.29 |
| Research & Development | 0.26 | 0.30 | 0.35 | 0.35 | 0.36 | 0.43 | 0.48 | 0.49 | 0.51 | 0.58 | 0.56 | 0.59 | 0.65 | 0.53 | 0.31 | 0.32 | 0.33 | 0.26 | 0.34 | 0.11 |
| Selling, General & Admin | 1.16 | 1.48 | 1.29 | 1.20 | 1.11 | 1.36 | 1.21 | 1.10 | 1.11 | 1.43 | 1.47 | 0.96 | 1.00 | 1.23 | 0.83 | 0.74 | 0.77 | 0.96 | 0.84 | 0.93 |
| Total Operating Expenses | 1.43 | 1.79 | 1.64 | 1.55 | 1.47 | 1.80 | 1.69 | 1.58 | 1.62 | 2.00 | 2.03 | 1.55 | 1.66 | 1.76 | 1.14 | 1.06 | 1.10 | 1.22 | 1.18 | 1.03 |
| Operating Income | 0.25 | (0.45) | (0.73) | (0.31) | 0.07 | (0.85) | (0.51) | (0.48) | (0.31) | (0.75) | (0.58) | (0.09) | 0.41 | (0.17) | (0.34) | (0.19) | (0.15) | 0.02 | (0.41) | 0.26 |
| Pretax Income | 0.23 | (0.39) | (0.74) | (0.31) | 0.09 | (0.84) | (0.45) | (0.49) | (0.30) | (0.72) | (0.57) | (0.07) | 0.47 | (0.11) | 1.56 | 0.02 | 0.19 | 0.17 | (0.44) | 0.25 |
| Tax Provision | (0.02) | (0.05) | (0.17) | 0.03 | (0.01) | (0.04) | (0.03) | 0.03 | 0.01 | 0.02 | (0.12) | 0.06 | 0.09 | 0.08 | 0.15 | 0.01 | 0.08 | 0.03 | 0.54 | 0.03 |
| Net Income | 0.25 | (0.34) | (0.57) | (0.34) | 0.10 | (0.80) | (0.41) | (0.52) | (0.31) | (0.74) | (0.45) | (0.12) | 0.38 | (0.19) | 1.41 | 0.01 | 0.11 | 0.14 | (0.98) | 0.22 |
| Basic EPS | 0.02 | (0.02) | (0.04) | (0.03) | 0.00 | (0.09) | (0.05) | (0.06) | (0.04) | (0.09) | (0.05) | (0.03) | 0.04 | (0.04) | 0.19 | (0.01) | 0.00 | 0.01 | (0.10) | -- |
| Diluted EPS | 0.02 | (0.02) | (0.04) | (0.03) | 0.00 | (0.09) | (0.05) | (0.06) | (0.04) | (0.09) | (0.05) | (0.03) | 0.04 | (0.04) | 0.19 | (0.01) | 0.00 | 0.01 | (0.10) | -- |
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 | (0.29) | (0.54) | (0.36) | 0.65 | (0.14) | (0.27) | (0.22) | (0.07) | (0.30) | 0.22 | (0.27) | 0.40 | 0.38 | (0.62) | (0.53) | (0.41) | 0.40 | (0.37) | (0.41) | 0.41 |
| Capital Expenditures | 0.00 | -- | 0.02 | 0.00 | 0.01 | 0.03 | 0.07 | 0.09 | 0.00 | 0.02 | 0.08 | 0.01 | 0.02 | 0.01 | 0.03 | 0.00 | 0.00 | 0.01 | 0.02 | 0.00 |
| Free Cash Flow* | (0.29) | -- | (0.37) | 0.65 | (0.14) | (0.30) | (0.29) | (0.15) | (0.30) | 0.20 | (0.35) | 0.39 | 0.35 | (0.63) | (0.56) | (0.41) | 0.39 | (0.37) | (0.42) | 0.41 |
| Investing Cash Flow | -0.00 | -- | (0.02) | -0.00 | -0.00 | (0.03) | (0.38) | (0.09) | -0.00 | (0.02) | (0.56) | (0.01) | (1.56) | (2.75) | 6.76 | 0.02 | (3.85) | (2.18) | (0.02) | 0.00 |
| Financing Cash Flow | -- | -- | 0.10 | 0.01 | (0.10) | (0.10) | (0.10) | (0.10) | (0.10) | (0.10) | (0.10) | (0.27) | (0.28) | (0.10) | (0.05) | (0.10) | (0.10) | (0.10) | 4.52 | 0.00 |
* Derived from reported values
