Financial Statements — LXRX
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 | Q1
2021 |
|---|
| Cash & Equivalents | 0.04 | 0.04 | 0.05 | 0.02 | 0.06 | 0.03 | 0.04 | 0.10 | 0.02 | 0.10 | 0.03 | 0.02 | 0.02 | 0.06 | 0.09 | 0.09 | 0.10 |
| Short-term Investments | 0.15 | 0.13 | 0.07 | 0.12 | 0.13 | 0.22 | 0.27 | 0.26 | 0.20 | 0.15 | 0.08 | 0.12 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 |
| Accounts Receivable | 0.00 | 0.01 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 0.20 | 0.19 | 0.12 | 0.15 | 0.25 | 0.27 | 0.32 | 0.36 | 0.22 | 0.26 | 0.11 | 0.14 | 0.06 | 0.09 | 0.12 | 0.12 | 0.15 |
| Property, Plant & Equipment | 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 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Non-current Assets* | 0.05 | 0.08 | 0.08 | 0.08 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Total Assets | 0.25 | 0.27 | 0.21 | 0.23 | 0.30 | 0.32 | 0.37 | 0.42 | 0.28 | 0.32 | 0.16 | 0.19 | 0.11 | 0.14 | 0.17 | 0.17 | 0.19 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Total Current Liabilities | 0.01 | 0.01 | 0.02 | 0.03 | 0.11 | 0.04 | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 |
| Long-term Debt | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.05 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| Total Non-current Liabilities* | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.05 | 0.03 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 0.08 | 0.07 | 0.09 | 0.10 | 0.17 | 0.14 | 0.13 | 0.13 | 0.14 | 0.13 | 0.07 | 0.05 | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 |
| Retained Earnings | (2.05) | (2.02) | (2.00) | (1.99) | (1.99) | (1.93) | (1.87) | (1.82) | (1.72) | (1.67) | (1.62) | (1.56) | (1.54) | (1.51) | (1.46) | (1.44) | (1.42) |
| Total Stockholder Equity | 0.17 | 0.20 | 0.12 | 0.13 | 0.12 | 0.18 | 0.24 | 0.29 | 0.14 | 0.19 | 0.09 | 0.14 | 0.07 | 0.09 | 0.14 | 0.14 | 0.15 |
* 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 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Total Revenue | 0.69 | 21.10 | 5.49 | 14.18 | 28.87 | 1.26 | 1.55 | 1.74 | 1.62 | 1.09 | 0.67 | 0.15 | 0.29 | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 0.04 | 0.11 | 0.20 | 0.01 | 0.03 | 0.03 | 0.35 | 0.07 | 0.17 | 0.03 | 0.07 | 0.01 | 0.01 | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.65 | 20.99 | 5.29 | 14.17 | 28.83 | 1.23 | 26.21 | 1.68 | 1.48 | 1.10 | 0.63 | 0.16 | 0.31 | 0.02 | (0.15) | 0.07 | -- | 0.02 | 0.23 | 0.03 |
| Research & Development | 17.44 | 12.76 | 11.31 | 18.76 | 15.75 | 15.30 | 26.69 | 25.78 | 17.64 | 14.37 | 14.76 | 17.56 | 14.54 | 12.03 | 10.56 | 13.36 | 14.93 | 15.68 | 10.26 | 12.61 |
| Selling, General & Admin | 9.75 | 9.23 | 8.76 | 7.60 | 9.35 | 11.61 | 32.26 | 39.59 | 39.19 | 32.06 | 32.61 | 32.23 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 27.19 | 21.99 | 20.07 | 26.36 | 25.10 | 26.91 | 58.94 | 65.37 | 56.84 | 46.43 | 109.70 | 49.79 | 44.55 | (31.17) | (23.13) | (24.04) | 23.42 | 22.99 | 18.19 | 20.87 |
| Operating Income | (26.54) | (1.00) | (14.78) | (12.19) | 3.74 | (25.68) | (32.74) | (63.69) | (55.35) | (45.33) | (46.74) | (49.63) | (44.24) | (31.14) | (23.09) | (24.01) | (23.38) | (22.96) | (17.96) | (20.84) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.90 | 1.96 | 1.82 | 0.86 | 0.70 | 0.11 | 0.17 | 0.17 | 0.17 |
| Net Income | (31.77) | (1.04) | (15.53) | (12.77) | 3.25 | (25.29) | (33.77) | (64.81) | (53.43) | (48.40) | (49.76) | (50.52) | (44.90) | (31.93) | (23.39) | (24.59) | (23.48) | (23.12) | (18.07) | (20.96) |
| Basic EPS | (0.07) | 0.00 | (0.04) | (0.04) | 0.01 | (0.07) | (0.08) | (0.18) | (0.17) | (0.20) | (0.20) | (0.21) | (0.22) | (0.17) | (0.13) | (0.16) | (0.16) | (0.16) | (0.13) | (0.15) |
| Diluted EPS | (0.07) | 0.00 | (0.04) | (0.04) | 0.01 | (0.07) | (0.08) | (0.18) | (0.17) | (0.20) | (0.20) | (0.21) | -- | -- | -- | -- | -- | (0.16) | -- | -- |
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 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | (9.19) | (14.73) | (17.23) | (23.83) | 16.99 | (43.78) | (21.49) | (53.62) | (48.54) | (55.13) | (50.55) | (41.62) | (38.12) | (31.61) | (19.44) | (24.42) | (23.42) | (17.15) | (21.88) | (25.16) |
| Capital Expenditures | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.47 | 0.31 | 0.25 | 0.00 | 0.00 | 0.08 | 0.14 | 0.25 | 0.00 | 0.00 | 0.08 | 2.18 | (1.02) | 0.04 |
| Free Cash Flow* | -- | -- | (17.23) | (23.83) | 16.99 | -- | (21.96) | (53.93) | (48.79) | (55.13) | (50.55) | (41.70) | (38.26) | (31.86) | (19.44) | (24.42) | (23.50) | (19.33) | (20.86) | (25.20) |
| Investing Cash Flow | (16.46) | (70.26) | 4.83 | 52.13 | 15.48 | 40.58 | 53.70 | 53.47 | (12.32) | (110.22) | 51.90 | (39.33) | (74.61) | 12.09 | (77.20) | (13.65) | (4.41) | (0.40) | 14.14 | (17.72) |
| Financing Cash Flow | (0.51) | 88.76 | (2.93) | 0.00 | (45.00) | (0.57) | (0.10) | (0.92) | (0.01) | 239.38 | -0.00 | (0.21) | 189.00 | (0.82) | 94.02 | 0.00 | 23.28 | 19.78 | (0.02) | 14.27 |
* Derived from reported values
