Financial Statements — MDGL
Balance Sheet
(in billions 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 | 0.29 | 0.23 | 0.30 | 0.19 | 0.18 | 0.23 | 0.49 | 0.62 | 0.06 | 0.08 | 0.11 | 0.06 | 0.05 | 0.04 | 0.05 | 0.03 | 0.04 |
| Accounts Receivable | 0.19 | 0.19 | 0.11 | 0.08 | 0.06 | 0.03 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 0.10 | 0.11 | 0.07 | 0.06 | 0.06 | 0.01 | 0.01 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 1.20 | 1.18 | 1.35 | 1.00 | 0.99 | 1.06 | 1.09 | 1.07 | 0.24 | 0.30 | 0.33 | 0.16 | 0.21 | 0.22 | 0.30 | 0.33 | 0.31 |
| Property, Plant & Equipment | 0.01 | 0.01 | 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 | 0.00 | 0.00 |
| Intangible Assets | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.05 | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 1.24 | 1.23 | 1.36 | 1.02 | 1.00 | 1.07 | 1.10 | 1.08 | 0.24 | 0.30 | 0.33 | 0.16 | 0.22 | 0.22 | 0.30 | 0.33 | 0.31 |
| Accounts Payable | 0.03 | 0.06 | 0.04 | 0.04 | 0.04 | 0.05 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 |
| Total Current Liabilities | 0.37 | 0.34 | 0.39 | 0.20 | 0.17 | 0.18 | 0.13 | 0.11 | 0.10 | 0.10 | 0.10 | 0.10 | 0.08 | 0.08 | 0.07 | 0.06 | 0.05 |
| Long-term Debt | 0.34 | 0.34 | 0.34 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.15 | 0.13 | 0.11 | 0.07 | 0.07 | -- | -- | -- | -- |
| Total Non-current Liabilities | 0.35 | 0.35 | 0.35 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.10 | 0.08 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 0.72 | 0.68 | 0.74 | 0.32 | 0.29 | 0.30 | 0.24 | 0.23 | 0.22 | 0.20 | 0.18 | 0.15 | 0.13 | 0.08 | 0.07 | 0.06 | 0.05 |
| Retained Earnings | (2.24) | (2.18) | (2.03) | (1.92) | (1.88) | (1.74) | (1.64) | (1.48) | (1.22) | (1.13) | (1.04) | (0.88) | (0.80) | (0.72) | (0.60) | (0.54) | (0.48) |
| Total Stockholder Equity | 0.52 | 0.54 | 0.63 | 0.70 | 0.71 | 0.78 | 0.86 | 0.85 | 0.02 | 0.10 | 0.15 | 0.01 | 0.08 | 0.15 | 0.23 | 0.27 | 0.26 |
* 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 | 364.25 | 311.34 | 321.08 | 287.27 | 212.80 | 137.25 | 103.32 | 62.18 | 14.64 | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | -- | -- | -- | -- | -- | 4.51 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- | -- | 132.74 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 289.38 | 268.52 | 239.98 | 209.12 | 196.86 | 167.88 | 141.22 | 107.59 | 105.45 | 80.80 | 46.54 | 27.58 | 17.85 | 16.18 | 14.56 | 12.14 | 11.77 | 9.66 | 11.71 | 8.29 |
| Total Operating Expenses | 420.56 | 404.06 | 380.69 | 401.24 | 260.00 | 216.56 | -- | 178.48 | 177.18 | 152.04 | 117.18 | 98.53 | 86.45 | 78.34 | 85.30 | 80.41 | 70.27 | 57.59 | 64.60 | 63.16 |
| Operating Income | (56.31) | (92.72) | (59.61) | (113.97) | (47.20) | (79.31) | (67.00) | (116.30) | (162.54) | (152.04) | (117.18) | (98.53) | (86.45) | (78.34) | (85.30) | (80.41) | (70.27) | (57.59) | (64.60) | (63.16) |
| Interest Expense | -- | -- | -- | -- | -- | 3.30 | -- | 3.68 | 3.66 | 3.84 | 3.97 | 3.50 | 2.90 | 2.34 | 1.68 | 1.50 | 0.78 | -- | -- | -- |
| Net Income | (57.94) | (94.39) | (58.57) | (114.19) | (42.28) | (73.24) | (59.42) | (106.96) | (151.97) | (147.54) | (112.19) | (98.74) | (85.80) | (76.90) | (85.90) | (81.20) | (70.73) | (57.52) | (64.55) | (63.10) |
| Basic EPS | (1.99) | (3.25) | (2.55) | (5.08) | (1.90) | (3.32) | (2.50) | (4.92) | (7.10) | (7.38) | (5.73) | (5.34) | (4.69) | (4.23) | (4.98) | (4.75) | (4.14) | -- | -- | -- |
| Diluted EPS | (1.99) | (3.25) | (2.55) | (5.08) | (1.90) | (3.32) | (2.50) | (4.92) | (7.10) | (7.38) | (5.73) | (5.34) | (4.69) | (4.23) | (4.98) | (4.75) | (4.14) | -- | -- | -- |
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 | 23.33 | (167.43) | (133.46) | 79.85 | (47.05) | (88.89) | (104.49) | (66.98) | (134.94) | (149.16) | (79.93) | (84.92) | (75.31) | (84.07) | (58.51) | (59.07) | (57.36) | (49.91) | (48.05) | (45.56) |
| Capital Expenditures | 4.25 | 3.85 | (0.39) | 0.86 | 0.00 | 0.00 | 0.20 | 0.78 | 0.13 | 0.36 | 1.04 | 0.34 | 0.07 | 0.04 | 0.03 | 0.03 | 0.10 | 0.05 | 0.11 | 0.05 |
| Free Cash Flow* | 19.08 | (171.28) | (133.07) | 78.99 | (47.05) | (88.89) | (104.68) | (67.76) | (135.08) | (149.51) | (80.97) | (85.26) | (75.38) | (84.10) | (58.54) | (59.10) | (57.46) | (49.96) | (48.16) | (45.61) |
| Investing Cash Flow | 34.20 | 192.19 | 27.58 | (207.00) | 47.86 | 163.88 | (47.95) | (202.39) | (122.10) | 98.05 | (362.12) | 50.20 | (3.73) | (186.86) | 66.39 | 65.14 | 19.24 | 55.93 | 15.64 | 40.09 |
| Financing Cash Flow | 3.11 | 2.33 | 8.96 | 236.65 | 1.74 | 8.64 | 19.77 | 7.46 | 134.12 | 573.71 | 479.92 | 19.58 | 42.93 | 52.69 | 264.34 | 0.00 | 49.11 | 0.00 | 19.50 | 21.10 |
* Derived from reported values
