Financial Statements — MDAI
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 | 14.00 | 11.70 | 10.50 | 10.50 | 14.10 | 3.70 | 6.88 | 10.16 | 7.35 | 0.41 | 0.54 | 0.52 | 0.23 | 0.47 | 0.86 | 0.87 | 1.62 |
| Accounts Receivable | 1.18 | 1.19 | 0.99 | 1.47 | 2.10 | 2.83 | 2.30 | 1.83 | 1.31 | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 0.82 | 0.83 | 0.45 | 0.46 | 0.44 | 0.44 | 0.27 | 0.23 | 0.22 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 17.79 | 15.99 | 13.46 | 14.00 | 18.73 | 9.50 | 11.66 | 14.88 | 11.36 | 0.58 | 0.75 | 0.63 | 0.43 | 0.71 | 1.26 | 1.37 | 1.78 |
| Property, Plant & Equipment | 0.20 | 0.23 | 0.29 | 0.32 | 0.16 | 0.01 | 0.01 | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 1.64 | 1.75 | 1.84 | 2.01 | 1.99 | 2.11 | 2.24 | 0.60 | 0.98 | 4.73 | 4.67 | 254.23 | 253.45 | 253.03 | 253.02 | 253.02 | 253.01 |
| Total Assets | 19.44 | 17.73 | 15.30 | 16.01 | 20.72 | 11.60 | 13.90 | 15.48 | 12.33 | 5.30 | 5.41 | 254.86 | 253.88 | 253.74 | 254.29 | 254.38 | 254.79 |
| Accounts Payable | 1.73 | 1.42 | 2.54 | 1.99 | 3.11 | 2.80 | 2.40 | 3.31 | 3.28 | -- | -- | -- | -- | -- | -- | -- | -- |
| Short-term Debt | 0.80 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 19.87 | 21.27 | 15.77 | 16.19 | 13.31 | 13.07 | 16.13 | 17.51 | 10.65 | 5.28 | 3.97 | 3.34 | 3.02 | 3.03 | 1.33 | 0.24 | 0.37 |
| Long-term Debt | 11.06 | 4.50 | 6.58 | 7.63 | 7.76 | 1.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 11.62 | 5.27 | 7.74 | 8.97 | 9.04 | 2.87 | 2.04 | 0.00 | 0.23 | 9.64 | 10.04 | 9.64 | 10.17 | 11.48 | 16.08 | 19.50 | 16.87 |
| Total Liabilities | 31.49 | 26.54 | 23.50 | 25.16 | 22.35 | 15.94 | 18.16 | 17.51 | 10.88 | 14.93 | 14.00 | 12.99 | 13.19 | 14.51 | 17.42 | 19.74 | 17.24 |
| Retained Earnings | (63.39) | (59.21) | (56.85) | (53.30) | (45.33) | (40.36) | (38.86) | (35.99) | (29.24) | (14.48) | (13.41) | (12.07) | (12.41) | (13.77) | (16.13) | 0.32 | 3.22 |
| Total Stockholder Equity | (12.05) | (8.81) | (8.20) | (9.15) | (1.63) | (4.34) | (4.26) | (2.03) | 1.46 | (14.48) | (13.40) | (12.07) | (12.41) | (13.77) | (16.13) | 5.00 | 5.00 |
* 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 |
|---|
| Total Revenue | 3.52 | 3.99 | 4.09 | 3.79 | 5.07 | 6.71 | 7.60 | 8.17 | 7.48 | 6.33 | 5.29 | 3.44 | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 2.41 | 1.96 | 2.24 | 2.17 | 2.78 | 3.54 | 4.26 | 4.51 | 4.16 | 3.38 | 2.85 | 1.97 | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 1.11 | 2.03 | 1.85 | 1.62 | 2.29 | 3.17 | 3.35 | 3.67 | 3.31 | 2.95 | 2.44 | 1.47 | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 1.70 | 2.00 | -- | 2.40 | 6.60 | 3.60 | -- | -- | -- | 4.30 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 3.09 | 4.00 | 4.09 | 4.96 | 4.41 | 4.06 | 4.46 | 4.55 | 5.76 | 5.09 | 13.22 | 5.64 | 1.48 | 0.53 | 0.30 | 0.24 | 0.25 | 0.47 | 1.78 | 1.19 |
| Total Operating Expenses* | 5.44 | 4.00 | 4.09 | 4.96 | 4.41 | 5.09 | 4.46 | 4.55 | 0.89 | 5.09 | 9.25 | 5.64 | 3.27 | 2.71 | -- | 3.46 | -- | -- | -- | -- |
| Operating Income | (4.32) | (1.97) | (2.24) | (3.34) | (2.12) | (0.90) | (1.11) | (0.89) | (2.44) | (2.14) | (6.82) | (4.17) | (1.48) | (0.53) | (0.30) | (0.24) | (0.25) | (0.47) | (1.78) | (1.19) |
| Interest Expense | 0.12 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (4.01) | (3.42) | 1.01 | (3.55) | (7.99) | 2.97 | (7.60) | (1.47) | (2.79) | (3.18) | (7.86) | (10.68) | (1.02) | (1.28) | 1.70 | 1.41 | 1.49 | -- | -- | -- |
| Tax Provision | 0.17 | (0.01) | (0.04) | 0.00 | (0.02) | 0.07 | 0.14 | 0.04 | 0.07 | 0.02 | 0.05 | (0.05) | 0.01 | 0.01 | 7.88 | 0.23 | 0.03 | (7.52) | 2.91 | (3.42) |
| Net Income | (4.18) | (3.41) | 1.05 | (3.55) | (7.97) | 2.90 | (7.74) | (1.50) | (2.86) | (3.20) | (7.91) | (10.63) | (1.03) | (1.28) | 1.34 | 1.19 | 1.46 | 7.05 | (4.69) | 2.23 |
| Basic EPS | (0.13) | (0.11) | 0.02 | (0.13) | (0.31) | 0.13 | (0.42) | (0.08) | (0.16) | (0.19) | (0.19) | (0.77) | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (0.13) | (0.11) | 0.04 | (0.13) | (0.31) | 0.11 | (0.42) | (0.08) | (0.16) | (0.19) | (0.19) | (0.77) | -- | -- | -- | -- | -- | -- | -- | -- |
* 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 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (4.10) | (3.73) | (2.55) | (2.50) | (3.36) | (1.50) | 0.47 | (1.63) | (5.36) | (2.68) | (2.37) | (10.49) | (0.13) | (0.24) | (0.42) | (0.05) | (0.24) | (0.30) | (0.09) | -0.00 |
| Investing Cash Flow | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 251.21 | 0.35 | -- | -- | 0.00 | 0.00 |
| Financing Cash Flow | 6.42 | -0.00 | 7.45 | 2.49 | (0.21) | 10.39 | 1.01 | (1.56) | 2.08 | 8.05 | (0.19) | 4.04 | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 |
Dividends Per Share
(USD)| Metric | Q2
2023 |
|---|
| Dividends Per Share | 12.00 |
