Financial Statements — MBIO
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 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 15.15 | 16.26 | 18.98 | 12.66 | 14.23 | 3.53 | 4.27 | 1.34 | 9.56 | 15.39 | 58.10 | 91.36 | 107.37 | 122.22 | 120.88 | 129.92 | 129.37 |
| Total Current Assets | -- | -- | 19.36 | 13.05 | 14.91 | 6.06 | 7.32 | 9.24 | 13.59 | 22.58 | 61.13 | 94.45 | 109.38 | 124.15 | 121.95 | 131.34 | 130.97 |
| Property, Plant & Equipment | -- | -- | 0.00 | 0.00 | 0.00 | 0.42 | 0.47 | 2.96 | 3.50 | 3.79 | 8.66 | 10.05 | 10.20 | 10.51 | 10.44 | 9.51 | 8.54 |
| Total Non-current Assets* | -- | -- | 0.00 | 0.00 | 0.00 | 1.14 | 1.20 | 5.35 | 6.98 | 6.51 | 12.48 | 14.39 | 12.53 | 12.81 | 12.76 | 11.87 | 10.85 |
| Total Assets | 15.61 | 16.58 | 19.36 | 13.05 | 14.91 | 7.19 | 8.52 | 14.59 | 20.57 | 29.09 | 73.61 | 108.84 | 121.91 | 136.96 | 134.71 | 143.21 | 141.82 |
| Accounts Payable | 5.38 | 5.32 | 6.91 | 7.50 | 8.34 | 12.06 | 13.19 | 15.01 | 12.71 | 11.68 | 11.44 | 12.81 | 10.16 | 9.62 | 9.83 | 5.77 | 5.96 |
| Total Current Liabilities | 7.92 | 7.84 | 9.44 | 10.00 | 11.15 | 15.04 | 15.92 | 17.44 | 14.17 | 12.86 | 12.67 | 13.56 | 10.98 | 10.78 | 10.46 | 6.36 | 6.59 |
| Total Non-current Liabilities* | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.81 | 0.93 | 2.10 | 2.39 | 2.51 | 31.12 | 30.95 | 28.92 | 28.85 | 2.03 | 1.82 | 1.88 |
| Total Liabilities | 8.07 | 7.99 | 9.59 | 10.15 | 11.30 | 15.85 | 16.85 | 19.54 | 16.56 | 15.37 | 43.79 | 44.51 | 39.90 | 39.63 | 12.49 | 8.18 | 8.46 |
| Retained Earnings | (400.67) | (399.60) | (398.11) | (397.64) | (396.88) | (395.77) | (394.36) | (386.16) | (372.35) | (362.30) | (346.06) | (309.73) | (290.74) | (271.64) | (231.79) | (214.79) | (200.43) |
| Total Stockholder Equity | 7.55 | 8.60 | 9.77 | 2.89 | 3.61 | (8.66) | (8.33) | (4.94) | 4.01 | 13.71 | 29.82 | 64.33 | 82.01 | 97.33 | 122.21 | 135.03 | 133.36 |
* 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 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Selling, General & Admin | 0.95 | 0.88 | 0.99 | 0.96 | 0.79 | 1.22 | (0.22) | 1.40 | 1.53 | 1.43 | 2.18 | 2.13 | 3.06 | 2.32 | 2.40 | 3.39 | 3.08 | 3.35 | 2.65 | 2.36 |
| Total Operating Expenses | 1.17 | 1.06 | 0.67 | 0.62 | 0.89 | 0.25 | 1.02 | 1.46 | 8.54 | 5.23 | 8.74 | 10.31 | 13.89 | 16.32 | 19.43 | 18.85 | 18.24 | 19.64 | 20.12 | 17.08 |
| Operating Income | (1.17) | (1.06) | (0.67) | (0.62) | (0.88) | (0.25) | (1.02) | (1.46) | (8.54) | (5.23) | (8.74) | (10.31) | (13.89) | (16.32) | (19.43) | (18.85) | (18.24) | (19.64) | (20.12) | (17.08) |
| Net Income | (1.07) | (0.95) | (0.54) | (0.47) | (0.76) | (0.15) | (0.95) | (1.41) | (8.20) | (5.19) | (8.62) | (10.06) | (16.23) | (16.69) | (19.63) | (19.00) | (19.10) | (19.80) | (20.05) | (17.00) |
| Basic EPS | (0.16) | (0.14) | (0.08) | (0.07) | (0.19) | (0.05) | (37.72) | (0.04) | (0.35) | (0.46) | (0.71) | (1.23) | (2.00) | (2.06) | (0.18) | (0.18) | (0.19) | (0.20) | -- | -- |
| Diluted EPS | (0.16) | (0.14) | (0.08) | (0.07) | (0.19) | (0.05) | (37.72) | (0.04) | (0.35) | (0.46) | (0.71) | (1.23) | (2.00) | (2.06) | (0.17) | (0.18) | (0.19) | (0.21) | -- | -- |
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 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (0.97) | (1.01) | (1.72) | (0.82) | (1.34) | (1.39) | (2.00) | (1.76) | (2.33) | (5.32) | (7.25) | (12.02) | (12.39) | (17.81) | (15.29) | (15.91) | (17.57) | (16.29) | (14.70) | (11.29) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.03 | 0.00 | 0.03 | 0.00 | 0.10 | 0.98 | 0.31 | 1.33 | 1.38 | 0.46 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | (2.00) | (1.76) | (2.33) | -- | (7.28) | (12.02) | (12.43) | (17.81) | (15.38) | (16.89) | (17.88) | (17.62) | (16.08) | (11.75) |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.17 | 0.00 | 0.00 | 0.00 | 0.00 | (0.03) | 5.95 | (0.03) | 0.00 | (0.42) | (0.89) | (0.31) | (1.33) | (1.48) | (0.99) |
| Financing Cash Flow | (0.14) | 0.00 | 0.00 | 7.15 | (0.23) | 7.62 | 4.94 | 1.01 | 5.27 | 0.05 | 3.96 | 0.25 | (30.29) | 0.00 | 0.00 | 0.80 | 3.03 | 30.22 | 4.92 | 3.24 |
* Derived from reported values
