Financial Statements — MGRX
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 |
|---|
| Cash & Equivalents | 0.23 | 0.17 | 0.48 | 0.10 | 0.08 | 0.07 | 0.49 | 0.02 | 1.24 | 0.00 | 0.00 |
| Inventory | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | -- |
| Total Current Assets | 0.25 | 0.21 | 0.60 | 0.12 | 0.18 | 0.10 | 0.52 | 0.09 | 1.34 | 3.02 | 3.82 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.10 | 0.11 | 0.11 |
| Intangible Assets | 13.65 | 13.94 | 15.92 | 14.68 | 14.96 | 14.61 | 14.61 | -- | -- | -- | -- |
| Total Non-current Assets* | 13.93 | 14.24 | 15.93 | 20.72 | 21.58 | 14.69 | 14.72 | 0.21 | 0.25 | 0.27 | 0.29 |
| Total Assets | 14.17 | 14.45 | 16.53 | 20.84 | 21.75 | 14.79 | 15.24 | 0.30 | 1.60 | 3.30 | 4.12 |
| Accounts Payable | 0.89 | 0.53 | 0.53 | 0.77 | 1.18 | -- | 0.72 | -- | 0.09 | 0.13 | 0.03 |
| Total Current Liabilities | 1.40 | 0.74 | 0.80 | 1.60 | 1.50 | 1.39 | 1.38 | 1.21 | 0.16 | 0.20 | 0.18 |
| Total Non-current Liabilities* | 0.25 | 0.24 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.05 | 0.08 | 0.10 | 0.11 |
| Total Liabilities | 1.65 | 0.97 | 0.80 | 1.60 | 1.50 | 1.40 | 1.41 | 1.26 | 0.24 | 0.29 | 0.30 |
| Retained Earnings | (45.36) | (44.05) | (37.88) | (31.65) | (25.94) | (17.99) | (15.99) | (13.60) | (8.66) | (6.86) | (4.58) |
| Total Stockholder Equity | 12.53 | 13.48 | 15.73 | 19.24 | 20.25 | 13.39 | 13.83 | (0.96) | 1.35 | 3.00 | 3.82 |
* 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 |
|---|
| Total Revenue | 0.07 | 0.07 | 0.09 | 0.08 | 0.17 | 0.11 | 0.11 | 0.13 | 0.16 | 0.21 | 0.24 | 0.25 | 0.14 | 0.10 |
| Cost of Revenue | 0.01 | 0.01 | 0.01 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.05 | 0.05 | 0.03 | 0.02 |
| Gross Profit | 0.04 | 0.03 | 0.05 | 0.05 | 0.09 | 0.06 | 0.08 | 0.08 | 0.07 | 0.15 | 0.14 | 0.14 | 0.09 | 0.06 |
| Selling, General & Admin | 0.26 | 1.05 | 0.66 | 0.31 | 1.25 | 1.54 | 0.85 | 0.52 | 0.85 | 0.77 | (3.62) | 1.94 | 2.38 | 2.62 |
| Total Operating Expenses | 1.08 | 3.16 | 0.42 | 7.59 | 5.36 | 4.92 | 1.76 | 1.84 | 2.24 | 2.52 | 2.71 | 1.94 | 2.38 | 2.62 |
| Operating Income | (1.03) | (3.13) | (0.37) | (7.54) | (5.27) | (4.85) | (1.68) | (1.76) | (2.17) | (2.37) | (2.57) | (1.80) | (2.29) | (2.56) |
| Interest Expense | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | (0.01) | 0.00 | -- | -- | -- | -- |
| Pretax Income | (1.31) | (3.40) | (2.77) | (7.62) | (5.42) | (4.84) | (1.95) | (2.00) | (2.39) | (2.37) | (2.57) | (1.80) | (2.28) | (2.56) |
| Net Income | (1.31) | (3.40) | (2.77) | (7.62) | (5.42) | (4.84) | (1.95) | (2.00) | (2.39) | (2.37) | (2.57) | (1.80) | (2.28) | (2.56) |
| Basic EPS | (0.09) | (0.22) | 0.38 | (0.69) | (0.57) | (1.29) | (3.66) | (0.99) | (0.09) | (0.10) | (0.09) | (0.11) | (0.14) | (0.23) |
| Diluted EPS | (0.09) | (0.22) | 0.38 | (0.69) | (0.57) | (1.29) | (3.66) | (0.99) | (0.09) | (0.10) | (0.12) | (0.11) | (0.14) | -- |
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 |
|---|
| Operating Cash Flow | (0.26) | (1.31) | (1.08) | (1.24) | (1.26) | (2.27) | (1.13) | (1.17) | (1.58) | (0.99) | (1.70) | (1.71) | (1.78) | (1.81) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (1.70) | (1.71) | (1.78) | (1.81) |
| Investing Cash Flow | -- | -- | -- | -- | 0.07 | -- | 0.00 | 0.00 | 0.07 | -- | 0.00 | 0.00 | 0.00 | -0.00 |
| Financing Cash Flow | 0.32 | -- | 2.08 | 1.62 | 1.28 | 2.29 | 1.12 | 0.75 | 1.99 | 0.27 | 1.20 | 0.00 | 0.94 | 4.92 |
* Derived from reported values
