Financial Statements — LIQT
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 | -- | 2.73 | -- | -- | -- | 4.54 | 5.49 | 7.73 | 11.83 | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 5.23 | 3.66 | 3.78 | 4.10 | 3.44 | 2.32 | 2.80 | 2.71 | 3.88 | 2.96 | 2.74 | 2.84 | 2.42 | 2.15 | 2.23 | 2.40 | 2.35 |
| Inventory | 5.96 | 6.48 | 6.43 | 5.51 | 5.71 | 6.26 | 5.62 | 5.51 | 4.56 | 4.42 | 4.42 | 4.66 | 5.45 | 5.81 | 5.12 | 5.57 | 5.41 |
| Total Current Assets | 27.71 | 14.15 | 18.78 | 19.79 | 20.91 | 15.96 | 17.18 | 19.41 | 24.57 | 25.90 | 26.74 | 29.84 | 33.78 | 24.28 | 30.67 | 35.71 | 21.16 |
| Property, Plant & Equipment | 5.28 | 5.62 | 6.17 | 6.45 | 6.45 | 7.08 | 6.94 | 7.29 | 8.64 | 7.53 | 7.93 | 6.88 | 7.21 | 8.38 | 9.35 | 9.82 | 9.87 |
| Goodwill | 0.24 | 0.24 | 0.25 | 0.25 | 0.23 | 0.24 | 0.23 | 0.23 | 0.22 | 0.23 | 0.23 | 0.21 | 0.22 | 0.24 | 0.25 | 0.25 | 0.25 |
| Intangible Assets | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.06 | 0.09 | 0.14 | 0.16 | 0.19 | 0.22 | 0.26 | 0.30 | 0.37 | 0.41 | 0.43 |
| Total Non-current Assets | 10.24 | 10.80 | 11.52 | 11.93 | 11.66 | 12.76 | 11.40 | 11.95 | 12.27 | 11.43 | 12.00 | 10.81 | 11.74 | 16.15 | 17.73 | 15.69 | 15.60 |
| Total Assets | 37.95 | 24.95 | 30.30 | 31.72 | 32.57 | 28.73 | 28.58 | 31.37 | 36.84 | 37.32 | 38.74 | 40.65 | 45.52 | 40.43 | 48.39 | 51.40 | 36.76 |
| Total Current Liabilities | 6.34 | 5.66 | 5.37 | 5.48 | 5.51 | 6.00 | 6.26 | 6.63 | 7.73 | 6.84 | 6.61 | 6.53 | 7.90 | 19.12 | 14.34 | 14.04 | 8.65 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.96 | -- | -- | -- |
| Total Non-current Liabilities | 5.81 | 11.74 | 12.15 | 12.31 | 12.00 | 11.31 | 10.05 | 10.20 | 9.83 | 10.45 | 10.64 | 10.07 | 10.55 | 12.46 | 18.36 | 18.29 | 6.96 |
| Total Liabilities | 12.15 | 17.40 | 17.52 | 17.79 | 17.50 | 17.30 | 16.31 | 16.83 | 17.56 | 17.30 | 17.26 | 16.60 | 18.45 | 31.58 | 32.70 | 32.33 | 15.61 |
| Retained Earnings | (100.52) | (97.51) | (92.20) | (90.77) | (88.62) | (83.26) | (80.42) | (78.31) | (72.71) | (71.30) | (69.74) | (65.19) | (63.44) | (56.93) | (50.52) | (47.61) | (44.51) |
| Total Stockholder Equity | 25.91 | 7.63 | 12.81 | 13.93 | 15.06 | 11.42 | 12.27 | 14.54 | 19.28 | 20.02 | 21.49 | 24.05 | 27.07 | 8.85 | 15.70 | 19.08 | 21.15 |
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 | 4.36 | 4.14 | 3.13 | 3.81 | 4.96 | 4.62 | 3.41 | 2.48 | 4.49 | 4.24 | 3.93 | 5.07 | 4.99 | 4.01 | 4.02 | 3.31 | 5.02 | 3.64 | 6.12 | 4.14 |
| Cost of Revenue | 4.00 | 3.74 | 3.23 | 3.06 | 4.47 | 4.49 | 3.93 | 2.69 | 3.77 | 3.96 | 3.66 | 4.12 | 3.83 | 3.62 | 3.96 | 3.20 | 4.87 | 3.39 | 5.17 | 3.95 |
| Gross Profit | 0.37 | 0.39 | (0.11) | 0.75 | 0.48 | 0.13 | (0.53) | (0.21) | 0.72 | 0.27 | 0.27 | 0.95 | 1.16 | 0.39 | 0.07 | 0.11 | 0.15 | 0.25 | 0.94 | 0.20 |
| Research & Development | 0.27 | 0.28 | 0.42 | 0.27 | 0.24 | 0.23 | 0.41 | 0.28 | 0.41 | 0.25 | 0.29 | 0.43 | 0.36 | 0.34 | 0.46 | 0.28 | 0.49 | 0.60 | 0.49 | 0.50 |
| Selling, General & Admin | 1.59 | 1.41 | 1.51 | 1.27 | 1.54 | 1.36 | 1.08 | 1.49 | 1.54 | 1.54 | 1.17 | 1.25 | 1.38 | 1.06 | 1.09 | 1.43 | 1.27 | 1.92 | 2.01 | 1.10 |
| Total Operating Expenses | 2.70 | 2.67 | 2.57 | 2.08 | 2.59 | 2.31 | 2.24 | 2.38 | 2.80 | 2.32 | 2.58 | 2.65 | 2.77 | 2.58 | 2.39 | 2.39 | 4.74 | 3.58 | 3.65 | 2.81 |
| Operating Income | (2.33) | (2.28) | (2.68) | (1.33) | (2.11) | (2.19) | (2.77) | (2.59) | (2.09) | (2.05) | (2.30) | (1.70) | (1.60) | (2.19) | (2.33) | (2.28) | (4.59) | (3.33) | (2.71) | (2.61) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (3.05) | (2.73) | (2.62) | (1.46) | (2.16) | (2.36) | (3.00) | (2.85) | (2.13) | (2.40) | (3.38) | (1.43) | (1.57) | (2.40) | (2.36) | (1.77) | (6.52) | (3.76) | (2.68) | (2.92) |
| Tax Provision | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | (0.01) | (0.01) | (0.01) | (0.16) | (0.01) | (0.01) | (0.01) | (0.20) | (0.01) | (0.01) | (0.01) | (0.02) | (0.02) |
| Net Income | (3.02) | (2.71) | (2.59) | (1.43) | (2.15) | (2.35) | (3.00) | (2.84) | (2.11) | (2.39) | (3.21) | (1.41) | (1.56) | (2.39) | (2.16) | (1.75) | (6.51) | (3.75) | (2.67) | (2.90) |
| Basic EPS | (0.14) | (0.28) | (0.27) | (0.15) | (0.22) | (0.25) | (0.38) | (0.49) | (0.36) | (0.41) | (0.94) | (0.25) | (0.27) | (0.05) | 0.02 | (0.04) | (0.20) | (0.18) | -- | -- |
| Diluted EPS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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 | (3.10) | (1.94) | (2.13) | (1.07) | (1.61) | (1.30) | (2.01) | (1.75) | (1.82) | (1.96) | (1.21) | 0.78 | (1.47) | (2.29) | (0.56) | (0.45) | (6.00) | (5.03) | (2.80) | (3.50) |
| Capital Expenditures | 0.01 | 0.27 | 0.17 | 0.13 | (0.06) | 0.16 | 0.39 | 0.37 | 0.22 | 0.39 | 0.63 | 1.97 | 0.20 | 0.09 | 0.90 | 0.56 | 0.05 | 0.18 | 0.20 | 0.21 |
| Free Cash Flow* | (3.10) | (2.21) | (2.30) | (1.20) | (1.55) | (1.46) | (2.40) | (2.11) | (2.05) | (2.35) | (1.84) | (1.19) | (1.67) | (2.37) | (1.45) | (1.01) | (6.04) | (5.22) | (3.00) | (3.71) |
| Investing Cash Flow | 0.01 | (0.27) | (0.04) | (0.13) | 0.06 | (0.11) | (0.40) | (0.36) | (0.22) | 0.55 | (0.62) | (1.97) | (0.20) | (0.09) | (0.90) | (0.56) | (0.05) | (0.18) | (0.20) | (0.54) |
| Financing Cash Flow | 16.07 | (0.31) | (0.07) | (0.07) | (0.13) | 0.99 | 8.62 | 0.99 | (0.11) | (1.01) | (0.14) | 0.92 | (0.10) | (0.10) | 0.34 | (0.11) | 14.41 | (0.93) | (0.09) | (0.10) |
* Derived from reported values
