Financial Statements — LOOP
Balance Sheet
(in millions USD)| Metric | Q1 2027 | Q3 2026 | Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.06 | 5.20 | 7.31 | 9.75 | 0.32 | 1.40 | 5.29 | 9.37 | 13.37 | 21.52 | 23.00 | 21.97 | 54.86 | 65.56 | 18.04 | 43.61 | 23.13 | 27.51 |
| Accounts Receivable | 0.70 | -- | -- | 0.97 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | -- | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.10 | 0.94 | 0.91 | 0.43 | 0.33 | 0.87 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 2.16 | 6.00 | 8.80 | 11.32 | 0.99 | 2.36 | 6.16 | 20.64 | 25.04 | 35.47 | 32.42 | 31.14 | 61.04 | 71.29 | 21.57 | 46.03 | 25.93 | 30.02 |
| Property, Plant & Equipment | 1.66 | 1.69 | 1.75 | 1.79 | 1.86 | 10.48 | 10.53 | 2.27 | 2.36 | 2.68 | 5.34 | 2.45 | 5.54 | 4.82 | 8.57 | 3.36 | 8.29 | 7.25 |
| Intangible Assets | 1.73 | 1.77 | 1.80 | 1.84 | 1.81 | 1.79 | 1.67 | 1.49 | 1.38 | 1.11 | 1.08 | 1.28 | 1.08 | 0.87 | 0.88 | 0.63 | 0.34 | 0.33 |
| Total Non-current Assets* | 4.55 | 5.29 | 4.49 | 4.61 | 3.69 | 12.64 | 12.59 | 4.13 | 4.12 | 4.17 | 6.80 | 4.11 | 8.12 | 7.19 | 10.95 | 5.49 | 10.13 | 9.08 |
| Total Assets | 6.70 | 11.29 | 13.29 | 15.92 | 4.68 | 15.00 | 18.74 | 24.78 | 29.16 | 39.64 | 39.22 | 35.24 | 69.16 | 78.48 | 32.52 | 51.51 | 36.06 | 39.10 |
| Accounts Payable | 2.04 | 2.94 | 3.34 | 3.51 | 5.09 | 4.38 | 2.89 | 1.56 | 2.00 | 6.97 | 6.91 | 3.83 | 5.42 | 5.23 | 9.06 | 4.09 | 2.10 | 1.41 |
| Total Current Liabilities | 3.17 | 3.55 | 3.90 | 4.02 | 8.08 | 4.87 | 3.14 | 3.06 | 3.35 | 8.02 | 7.16 | 5.04 | 6.31 | 6.15 | 10.03 | 4.14 | 2.15 | 1.46 |
| Long-term Debt | 3.10 | 3.01 | 3.13 | 3.33 | 3.34 | 5.07 | 5.99 | 0.00 | 3.55 | 3.41 | 3.51 | 3.55 | 4.49 | 4.56 | 2.79 | 2.62 | 2.62 | 2.49 |
| Total Non-current Liabilities* | 15.55 | 15.07 | 14.86 | 14.62 | 3.48 | 5.30 | 6.34 | 2.81 | 2.97 | 3.24 | 3.10 | 3.10 | 3.32 | 3.32 | 1.61 | 2.34 | 2.32 | 2.19 |
| Total Liabilities | 18.72 | 18.61 | 18.76 | 18.65 | 11.56 | 10.17 | 9.47 | 5.88 | 6.32 | 11.26 | 10.26 | 8.13 | 9.63 | 9.47 | 11.64 | 6.48 | 4.47 | 3.65 |
| Retained Earnings | (207.71) | (201.62) | (198.68) | (195.47) | (198.91) | (187.00) | (182.16) | (171.88) | (167.63) | (161.31) | (160.29) | (162.88) | (120.31) | (110.21) | (101.82) | (76.47) | (62.30) | (57.17) |
| Total Stockholder Equity | (12.02) | (7.32) | (5.47) | (2.72) | (6.88) | 4.83 | 9.27 | 18.90 | 22.83 | 28.38 | 28.96 | 27.11 | 59.53 | 69.00 | 20.87 | 45.03 | 31.59 | 35.45 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.18 | 0.18 | 0.09 | 0.00 | 0.25 | 10.81 | 0.05 | 0.02 | 0.01 | 0.05 | 0.03 | 0.05 | 0.01 | 0.02 | 0.14 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue* | 0.18 | -- | -- | -- | 0.11 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.00 | -- | -- | -- | 0.14 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 0.96 | 0.29 | 0.97 | 0.84 | 1.37 | 1.31 | 1.38 | 1.95 | 2.24 | 3.02 | 1.83 | 2.04 | 2.21 | 4.58 | 3.75 | 4.49 | 6.98 | 6.84 | 5.28 | 8.64 |
| Selling, General & Admin | 1.57 | 1.39 | 1.50 | 1.87 | 1.65 | 1.57 | 2.15 | 2.60 | 2.91 | 2.22 | 2.46 | 2.84 | 2.20 | 3.18 | 4.01 | 2.47 | 3.42 | 3.09 | 3.12 | 3.16 |
| Total Operating Expenses | 2.62 | 1.36 | 2.63 | 2.85 | 3.43 | 3.01 | 12.12 | 4.67 | 5.29 | 5.37 | 4.42 | 5.02 | 11.44 | 1.04 | 7.84 | 7.09 | 14.27 | 10.10 | 8.39 | 12.16 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.03 |
| Net Income | (3.38) | (2.70) | (2.94) | (3.20) | (3.45) | 6.88 | (11.91) | (4.84) | (5.19) | (5.09) | (4.24) | (4.75) | 5.42 | (1.01) | (7.71) | (7.00) | (14.27) | (10.10) | (8.39) | (12.16) |
| Basic EPS | (0.07) | (0.06) | (0.06) | (0.07) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | -- | -- | -- | -- | (0.07) | 0.14 | (0.25) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (1.23) | (2.74) | (1.77) | (2.52) | (3.08) | 6.51 | (1.86) | (2.86) | (3.91) | (3.27) | (3.74) | (11.02) | (8.61) | (5.60) | (20.68) | (5.50) | (10.15) | (10.43) | (9.99) | (12.41) |
| Capital Expenditures | -- | -- | -- | -- | -- | 0.00 | 0.00 | -- | -- | 5.15 | 0.01 | 0.00 | 0.01 | 0.01 | 0.06 | 0.00 | (0.21) | 0.01 | 0.14 | 4.87 |
| Free Cash Flow* | -- | -- | -- | -- | -- | 6.51 | (1.86) | -- | -- | (8.42) | (3.75) | (11.02) | (8.62) | (5.61) | (20.74) | (5.50) | (9.95) | (10.44) | (10.14) | (17.27) |
| Investing Cash Flow | (0.04) | (0.01) | (1.03) | (0.02) | (0.11) | (1.95) | 0.24 | (0.15) | (0.18) | (0.19) | (0.16) | (5.29) | 13.01 | 8.47 | (0.20) | (2.12) | 0.26 | (0.27) | (0.18) | (4.92) |
| Financing Cash Flow | 0.00 | (0.06) | 0.69 | 0.11 | (0.05) | 8.01 | 0.78 | (0.95) | 2.49 | (0.03) | (0.01) | (0.03) | 1.01 | 0.00 | 0.00 | (0.02) | (0.92) | (0.04) | 57.97 | (0.01) |
* Derived from reported values