Financial Statements — LSH
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Cash & Equivalents | 1.30 | 1.64 | 4.54 | 1.50 | 1.12 | 2.74 |
| Accounts Receivable | -- | -- | -- | -- | -- | 0.51 |
| Inventory | 0.02 | 0.12 | 0.13 | 0.22 | 0.01 | -- |
| Total Current Assets | 17.05 | 21.21 | 14.99 | 5.01 | 4.44 | 5.83 |
| Property, Plant & Equipment | 0.20 | 0.36 | 0.41 | 0.53 | 0.51 | 0.31 |
| Intangible Assets | 0.30 | 0.32 | 0.34 | 0.39 | 0.42 | -- |
| Total Non-current Assets | 0.73 | 3.09 | 3.64 | 4.93 | 5.40 | 4.98 |
| Total Assets | 17.78 | 24.30 | 18.64 | 9.94 | 9.84 | 10.81 |
| Accounts Payable | 0.98 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.99 | 10.43 | 9.84 | 6.78 | 5.49 | 4.43 |
| Long-term Debt | -- | 2.44 | 2.42 | 0.77 | 0.78 | 0.59 |
| Total Non-current Liabilities | 0.18 | 1.69 | 1.84 | 2.41 | 2.70 | 2.76 |
| Total Liabilities | 4.17 | 12.12 | 11.68 | 9.19 | 8.19 | 7.19 |
| Retained Earnings | (8.14) | (8.28) | (6.68) | (4.37) | (3.29) | (1.34) |
| Total Stockholder Equity | 13.61 | 12.18 | 6.95 | 0.75 | 1.65 | 3.62 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 |
|---|
| Total Revenue | 1.33 | 7.01 | 6.10 | 6.31 | 3.80 | 3.60 | 4.08 | -- |
| Cost of Revenue | 0.35 | 5.10 | 4.99 | 4.63 | 3.09 | 3.64 | 3.56 | 3.76 |
| Gross Profit | 0.98 | 1.91 | 1.11 | 1.68 | 0.72 | (0.04) | 0.52 | 1.03 |
| Selling, General & Admin | 1.70 | 2.21 | 2.11 | 1.98 | 1.68 | 1.91 | 1.84 | 1.33 |
| Total Operating Expenses | 2.56 | 3.40 | 2.38 | 2.24 | 1.79 | 1.96 | 1.85 | 1.34 |
| Operating Income | (1.58) | (1.49) | (1.27) | (0.56) | (1.07) | (2.00) | (1.33) | (0.31) |
| Interest Expense | -- | -- | -- | -- | 0.02 | -- | -- | -- |
| Pretax Income | (1.50) | (1.54) | (1.32) | (0.70) | (1.05) | (1.95) | (1.25) | (0.20) |
| Tax Provision | 0.03 | 0.05 | 0.04 | 0.19 | 0.02 | 0.03 | 0.09 | (0.20) |
| Net Income | 0.14 | (1.58) | (1.36) | (0.89) | (1.07) | (1.95) | (1.34) | 0.00 |
| Basic EPS | 0.01 | (0.08) | (0.09) | (0.11) | (0.14) | (0.26) | (0.18) | -- |
| Diluted EPS | 0.01 | (0.08) | (0.09) | (0.11) | (0.14) | (0.26) | (0.18) | -- |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Operating Cash Flow | (3.04) | (0.45) | (4.02) | (0.48) | (0.24) | (0.53) | (1.40) |
| Capital Expenditures | -- | -- | -- | 0.01 | 0.00 | 0.03 | 0.01 |
| Free Cash Flow* | -- | -- | -- | (0.50) | (0.24) | (0.56) | (1.41) |
| Investing Cash Flow | -- | (7.04) | (0.11) | 0.54 | 0.12 | (1.31) | (0.04) |
| Financing Cash Flow | -- | 4.42 | 3.67 | 3.38 | 0.49 | 0.25 | 4.04 |
* Derived from reported values
