Financial Statements — LZM
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 |
|---|
| Cash & Equivalents | 12.51 | 63.49 |
| Inventory | 0.24 | 0.28 |
| Total Current Assets | 14.50 | 66.97 |
| Goodwill | -- | 9.02 |
| Total Non-current Assets | 134.06 | 114.40 |
| Total Assets | 148.56 | 181.38 |
| Total Current Liabilities | 45.16 | 61.57 |
| Total Non-current Liabilities | 0.81 | 0.93 |
| Total Liabilities | 45.97 | 62.50 |
| Retained Earnings | (451.76) | (418.86) |
| Total Stockholder Equity | 102.59 | 118.88 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 |
|---|
| Total Revenue | 0.33 | 0.01 |
| Cost of Revenue* | 0.17 | 0.00 |
| Gross Profit | 0.15 | 0.01 |
| Selling, General & Admin | 7.31 | 5.49 |
| Total Operating Expenses* | 7.77 | 5.38 |
| Operating Income | (7.61) | (5.38) |
| Interest Expense | 4.88 | 2.27 |
| Pretax Income | 2.07 | -- |
| Tax Provision | (0.18) | -- |
| Net Income | 2.25 | (10.96) |
| Basic EPS | 0.03 | (0.09) |
| Diluted EPS | (0.08) | (0.09) |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 |
|---|
| Operating Cash Flow | (6.71) | (8.34) |
| Investing Cash Flow | (9.83) | (26.75) |
| Financing Cash Flow | (0.29) | 49.23 |
