Financial Statements — LNZA
Balance Sheet
(in billions 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 |
|---|
| Cash & Equivalents | 0.04 | 0.02 | 0.02 | 0.04 | 0.01 | 0.06 | 0.06 | 0.06 | 0.09 | 0.11 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.05 | 0.05 | -- | -- | -- | -- | -- |
| Total Current Assets | 0.07 | 0.05 | 0.05 | 0.07 | 0.06 | 0.14 | 0.12 | 0.15 | 0.18 | 0.21 | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.25 | 0.06 | 0.05 | 0.05 | 0.07 | 0.08 | 0.09 | 0.07 | 0.07 | 0.06 | 0.05 | 0.15 | 0.15 | 0.15 | 0.15 | 0.00 |
| Total Assets | 0.32 | 0.11 | 0.10 | 0.12 | 0.13 | 0.22 | 0.21 | 0.21 | 0.25 | 0.27 | 0.29 | 0.15 | 0.15 | 0.15 | 0.15 | 0.00 |
| Accounts Payable | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Total Current Liabilities | 0.03 | 0.02 | 0.02 | 0.06 | 0.03 | 0.05 | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | 0.01 | 0.02 | 0.02 | 0.03 | 0.02 | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.03 | 0.03 | 0.07 | 0.07 | 0.10 | 0.16 | 0.12 | 0.10 | 0.08 | 0.08 | 0.09 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 |
| Total Liabilities* | 0.06 | 0.06 | 0.09 | 0.13 | 0.13 | 0.20 | 0.14 | 0.12 | 0.12 | 0.12 | 0.12 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Retained Earnings | (0.85) | (1.03) | (1.02) | (1.02) | (0.99) | (0.94) | (0.89) | (0.86) | (0.81) | (0.79) | (0.76) | (0.01) | (0.01) | (0.01) | (0.01) | -0.00 |
| Total Stockholder Equity | 0.26 | 0.05 | -0.00 | (0.03) | -0.00 | 0.01 | 0.07 | 0.09 | 0.13 | 0.15 | 0.17 | (0.01) | (0.01) | (0.01) | (0.01) | 0.00 |
* 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 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 9.01 | 12.02 | 28.00 | 9.28 | 9.08 | 9.48 | 12.03 | 9.94 | 17.38 | 10.24 | 20.46 | 19.61 | 12.92 | 9.65 | -- | -- | -- | -- | -- | -- |
| Research & Development | 1.96 | 4.01 | 11.50 | 10.26 | 14.94 | 16.49 | 16.46 | 22.01 | 21.48 | 17.06 | 16.30 | 16.65 | 18.91 | 16.29 | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 8.75 | 8.59 | 5.45 | 6.74 | 19.11 | 15.75 | 15.75 | 11.45 | 11.75 | 11.04 | 9.34 | 11.81 | 12.45 | 16.84 | 2.25 | 0.88 | 0.15 | 2.65 | 0.28 | 0.00 |
| Operating Income | (9.87) | (9.81) | (0.20) | (15.66) | (32.24) | (31.05) | (27.02) | (32.96) | (22.80) | (26.15) | (18.64) | (24.59) | (30.62) | (32.52) | (2.39) | (1.03) | (0.28) | (2.79) | (0.44) | -- |
| Pretax Income | -- | -- | -- | -- | -- | (12.70) | (20.69) | (51.90) | (26.08) | (24.83) | (16.71) | (24.86) | (26.92) | -- | (2.16) | 1.30 | 3.35 | (3.54) | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.05 | -- | 0.31 | -- | -- |
| Net Income | 184.31 | (14.68) | (0.08) | 2.86 | (32.50) | (19.23) | (26.99) | (57.43) | (27.80) | (25.51) | (18.67) | (25.33) | (26.79) | (63.31) | (2.41) | 1.24 | 3.35 | (3.54) | 0.47 | -0.00 |
| Basic EPS | 15.81 | (1.77) | (23.16) | 1.14 | (0.15) | (0.10) | (0.14) | (0.29) | (0.14) | (0.13) | 0.06 | (0.13) | (0.14) | (0.58) | -- | -- | -- | -- | -- | 0.00 |
| Diluted EPS | 15.81 | (1.77) | (23.01) | 0.99 | (0.15) | (0.10) | (0.14) | (0.29) | (0.14) | (0.13) | 0.06 | (0.13) | (0.14) | (0.58) | -- | -- | -- | -- | -- | 0.00 |
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 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (1.39) | (9.27) | (6.16) | (15.88) | (21.71) | (21.10) | (19.68) | (26.44) | (14.65) | (28.29) | (15.73) | (22.45) | (25.31) | (33.81) | -0.00 | -0.00 | -0.00 | (0.34) | (0.09) | -0.00 |
| Capital Expenditures | 0.68 | 0.06 | 0.21 | 0.17 | 0.17 | 0.71 | 1.76 | 0.29 | 1.79 | 1.48 | 1.42 | 1.82 | 3.95 | 1.37 | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (2.06) | (9.32) | (6.37) | (16.05) | (21.88) | (21.81) | (21.43) | (26.73) | (16.44) | (29.77) | (17.15) | (24.27) | (29.26) | (35.18) | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (1.72) | (2.01) | (0.21) | (0.17) | 7.24 | 4.29 | 14.22 | (15.37) | 20.28 | 9.22 | 58.68 | 3.43 | (9.45) | (110.57) | 0.00 | 0.00 | 0.00 | 0.01 | (150.00) | -- |
| Financing Cash Flow | 28.14 | 18.00 | 0.00 | 0.00 | 38.12 | (12.50) | (10.01) | 40.00 | 0.04 | 0.19 | (59.18) | 0.56 | 0.33 | 206.48 | -- | -- | -- | 0.00 | 150.85 | 0.00 |
* Derived from reported values
