Financial Statements — MAMO
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 |
|---|
| Cash & Equivalents | 4.64 | 4.15 | 2.60 | 2.44 | 0.84 | 1.72 | 1.28 | -- |
| Short-term Investments | -- | -- | -- | -- | 3.00 | -- | -- | -- |
| Accounts Receivable | 4.98 | 4.09 | 5.38 | 8.13 | 5.59 | 11.56 | 11.47 | 14.20 |
| Inventory | 23.64 | 23.94 | 25.09 | 23.41 | 24.39 | 30.91 | 30.83 | 27.18 |
| Total Current Assets | 37.26 | 32.91 | 34.64 | 35.28 | 35.10 | 45.09 | 45.24 | 43.68 |
| Property, Plant & Equipment | 0.99 | 0.65 | 0.49 | 0.47 | 0.50 | 0.60 | 0.55 | 0.38 |
| Intangible Assets | 0.40 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets | 11.47 | 11.38 | 9.74 | 10.66 | 11.25 | 11.97 | 4.62 | 3.60 |
| Total Assets | 48.72 | 44.29 | 44.38 | 45.94 | 46.35 | 57.05 | 49.86 | 47.27 |
| Accounts Payable | 5.37 | 2.33 | 4.70 | 6.24 | 5.73 | 9.76 | 8.21 | 14.77 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | 2.67 | 0.30 |
| Total Current Liabilities | 20.14 | 16.62 | 16.73 | 19.39 | 19.56 | 26.28 | 18.12 | 20.64 |
| Total Non-current Liabilities | 4.51 | 4.99 | 5.93 | 6.39 | 6.88 | 8.23 | 7.02 | 8.49 |
| Total Liabilities | 24.65 | 21.61 | 22.66 | 25.78 | 26.45 | 34.51 | 25.14 | 29.13 |
| Retained Earnings | 17.00 | 15.55 | 14.56 | 13.04 | 12.96 | 16.78 | 19.28 | 16.47 |
| Total Stockholder Equity | 24.07 | 22.68 | 21.72 | 20.16 | 19.90 | 22.54 | 24.72 | 18.14 |
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 |
|---|
| Total Revenue | 14.92 | 12.71 | 21.02 | 16.99 | 18.92 | 14.90 | 18.17 | 25.60 | 35.40 | 30.15 | 39.55 |
| Cost of Revenue | 7.64 | 7.64 | 12.30 | 9.86 | 12.05 | 10.68 | 14.61 | 18.65 | 23.90 | 19.70 | 27.42 |
| Gross Profit | 7.28 | 5.08 | 8.72 | 7.13 | 6.87 | 4.22 | 3.56 | 6.95 | 11.50 | 10.45 | 12.13 |
| Research & Development | 0.29 | 0.63 | 0.32 | 0.79 | 0.14 | 0.84 | 0.09 | 0.09 | 0.00 | 0.16 | -- |
| Selling, General & Admin | 3.63 | 4.22 | 3.43 | 3.40 | 4.43 | 4.22 | 4.39 | 3.90 | 4.09 | 4.11 | 4.19 |
| Total Operating Expenses | 5.62 | 6.11 | 5.97 | 5.35 | 6.72 | 6.93 | 6.35 | 6.65 | 7.93 | 6.48 | 7.41 |
| Operating Income | 1.66 | (1.04) | 2.76 | 1.79 | 0.14 | (2.71) | (2.79) | 0.30 | 3.56 | 3.97 | 4.73 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.14 | -- |
| Pretax Income | 1.73 | (1.18) | 2.62 | 1.94 | 0.10 | (2.63) | (2.17) | (3.12) | 3.63 | 4.08 | 4.73 |
| Tax Provision | 0.28 | (0.17) | 0.62 | 0.41 | 0.03 | (0.54) | (0.44) | (0.62) | 0.81 | 0.90 | 0.89 |
| Net Income | 1.45 | (1.01) | 1.99 | 1.53 | 0.08 | (2.09) | (1.73) | (2.50) | 2.82 | 3.18 | 3.84 |
| Basic EPS | 0.03 | (0.02) | 0.05 | 0.04 | 0.00 | (0.05) | (0.01) | (0.06) | 0.07 | 0.08 | 0.10 |
| Diluted EPS | 0.03 | (0.02) | 0.05 | 0.04 | 0.00 | (0.05) | (0.01) | (0.06) | 0.07 | 0.08 | 0.10 |
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 |
|---|
| Operating Cash Flow | 1.31 | (1.38) | 4.00 | 0.63 | (1.39) | (3.34) | 9.07 | 4.71 | (6.47) | (0.64) |
| Capital Expenditures | 0.41 | 0.26 | 0.00 | 0.07 | -- | -- | (0.04) | 0.08 | 0.24 | 0.10 |
| Free Cash Flow* | 0.90 | (1.64) | 4.00 | 0.57 | -- | -- | 9.11 | 4.63 | (6.71) | (0.74) |
| Investing Cash Flow | (0.81) | (0.25) | (0.67) | (0.07) | -- | (3.00) | 0.04 | (0.08) | (0.20) | 0.02 |
| Financing Cash Flow | (0.01) | (0.01) | (0.14) | (0.41) | (0.01) | (3.03) | (0.62) | (4.18) | 7.75 | 0.05 |
* Derived from reported values
