Financial Statements — MAIA
Balance Sheet
(in millions 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 |
|---|
| Cash & Equivalents | 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 |
| Total Current Assets | 28.24 | 35.32 | 11.75 | 11.04 | 11.86 | 9.24 | 12.02 | 8.70 | 6.63 | 9.78 | 8.33 | 14.78 | 8.61 |
| Total Non-current Assets* | 0.00 | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.37 | 0.49 | 0.74 | 0.00 | 1.15 |
| Total Assets | 28.24 | 35.32 | 11.78 | 11.05 | 11.86 | 9.24 | 12.02 | 8.72 | 7.00 | 10.27 | 9.07 | 14.78 | 9.76 |
| Accounts Payable | 2.84 | 2.98 | 3.18 | 1.72 | 1.84 | 1.15 | 1.26 | 1.87 | 1.23 | 1.55 | 1.13 | 1.02 | 1.04 |
| Total Current Liabilities | 6.26 | 6.32 | 9.99 | 5.04 | 5.06 | 3.61 | 3.51 | 4.91 | 4.15 | 3.27 | 3.77 | 2.46 | 3.10 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 |
| Total Non-current Liabilities* | 1.31 | 1.24 | 1.75 | 2.13 | 1.86 | 4.02 | 5.35 | 9.57 | 0.10 | 0.12 | 0.22 | 0.22 | 0.00 |
| Total Liabilities | 7.57 | 7.56 | 11.74 | 7.17 | 6.92 | 7.62 | 8.86 | 14.48 | 4.25 | 3.39 | 3.99 | 2.67 | 3.10 |
| Retained Earnings | (123.94) | (116.00) | (106.00) | (97.10) | (91.75) | (83.66) | (80.93) | (72.05) | (57.72) | (52.85) | (48.32) | (40.06) | (35.16) |
| Total Stockholder Equity* | 20.68 | 27.76 | 0.04 | 3.88 | 4.94 | 1.62 | 3.16 | (5.76) | 2.75 | 6.87 | 5.08 | 12.11 | 6.66 |
* 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 |
|---|
| Total Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 |
| Research & Development | 0.18 | 0.04 | -- | -- | -- | 3.20 | 2.97 | 2.67 | 2.05 | 2.32 | 3.72 | 2.60 | 2.60 | 2.20 | 2.39 | 2.34 | 2.12 |
| Selling, General & Admin | 2.68 | 3.42 | 2.44 | 3.00 | 2.06 | 2.23 | 2.04 | 1.52 | 1.76 | 1.63 | 2.66 | 2.36 | 2.07 | 1.99 | 1.80 | 1.65 | 1.32 |
| Total Operating Expenses | 8.32 | 6.95 | 4.32 | 9.36 | 5.17 | 5.43 | 5.00 | 4.19 | 3.82 | 3.95 | 6.38 | 4.96 | 4.66 | 4.18 | 4.20 | -- | -- |
| Operating Income | (8.32) | (6.95) | (4.32) | (9.36) | (5.17) | (5.43) | (5.00) | (4.19) | (3.82) | (3.95) | (6.38) | (4.96) | (4.66) | (4.18) | (4.20) | (5.10) | -- |
| Interest Expense | -- | -- | -- | -- | -- | -- | -0.00 | 0.00 | -- | -- | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Pretax Income* | -- | (6.37) | (3.63) | (8.90) | (5.35) | (4.52) | -- | (2.74) | (8.88) | (8.07) | -- | (4.88) | (4.52) | (4.12) | -- | (4.90) | (3.31) |
| 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 |
| Net Income | (7.94) | (6.37) | (3.63) | (8.90) | (5.35) | (4.52) | (3.57) | (2.74) | (8.88) | (8.07) | (6.26) | (4.88) | (4.52) | (4.12) | (4.15) | (4.90) | (3.31) |
| Basic EPS | (0.13) | (0.14) | (0.09) | (0.27) | (0.18) | (0.16) | (0.08) | (0.11) | (0.40) | (0.46) | (0.40) | (0.36) | (0.35) | (0.38) | (0.35) | (0.48) | (0.40) |
| Diluted EPS | (0.13) | (0.14) | (0.09) | (0.27) | (0.18) | (0.16) | (0.08) | (0.11) | (0.40) | (0.46) | (0.40) | (0.36) | (0.35) | (0.38) | (0.35) | (0.48) | (0.40) |
* Derived from reported values
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 |
|---|
| Operating Cash Flow | (6.75) | (5.31) | (7.02) | (3.49) | (4.14) | (4.20) | (3.91) | (3.52) | (4.68) | (3.59) | (3.99) | (3.16) | (2.56) | (3.36) | (2.51) | (4.32) | (4.83) |
| Financing Cash Flow | (0.06) | 31.05 | 4.80 | 4.23 | 3.41 | 5.46 | 4.85 | 0.63 | 7.99 | 4.72 | 5.03 | 0.13 | 4.12 | 2.53 | (0.63) | 10.26 | 2.41 |
