Financial Statements — MRAM
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 | 43.90 | 40.49 | 45.26 | 44.96 | 42.16 | 39.59 | 36.76 | 34.80 | 34.93 | 30.83 | 24.21 | 23.44 | 23.05 | 19.89 | 14.56 | 14.22 | 15.49 |
| Accounts Receivable | 10.77 | 10.16 | 8.69 | 7.37 | 12.57 | 11.41 | 10.11 | 13.08 | 10.09 | 9.03 | 11.21 | 12.55 | 9.28 | 10.24 | 10.63 | 10.38 | 10.32 |
| Inventory | 13.09 | 11.26 | 11.82 | 11.31 | 10.99 | 8.44 | 7.99 | 8.05 | 8.64 | 7.35 | 6.28 | 7.86 | 6.38 | 6.21 | 6.67 | 6.57 | 5.36 |
| Total Current Assets | 69.01 | 63.72 | 66.64 | 64.75 | 66.75 | 64.02 | 55.38 | 56.38 | 53.90 | 47.61 | 42.18 | 44.15 | 39.51 | 36.97 | 32.19 | 31.39 | 31.37 |
| Property, Plant & Equipment | 14.84 | 14.93 | 4.07 | 3.84 | 3.67 | 3.41 | 3.79 | 4.08 | 3.25 | 3.52 | 3.75 | 2.66 | 2.59 | 0.96 | 0.95 | 1.29 | 1.66 |
| Intangible Assets | 0.90 | 1.27 | 2.15 | 2.55 | 2.97 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 20.39 | 19.47 | 13.63 | 14.17 | 13.48 | 8.58 | 9.18 | 9.78 | 9.10 | 9.66 | 10.18 | 9.64 | 6.31 | 5.70 | 2.71 | 3.22 | 3.70 |
| Total Assets | 89.39 | 83.19 | 80.27 | 78.92 | 80.23 | 72.60 | 64.57 | 66.17 | 63.00 | 57.27 | 52.36 | 53.78 | 45.82 | 42.67 | 34.90 | 34.62 | 35.07 |
| Accounts Payable | 2.39 | 3.51 | 1.81 | 2.93 | 3.18 | 2.74 | 1.95 | 2.43 | 2.57 | 1.23 | 2.10 | 3.40 | 2.69 | 2.29 | 2.66 | 2.87 | 1.94 |
| Total Current Liabilities | 14.57 | 11.06 | 11.41 | 11.03 | 12.57 | 9.50 | 4.99 | 5.90 | 7.73 | 5.99 | 6.26 | 10.96 | 9.55 | 8.54 | 10.98 | 11.97 | 12.77 |
| Long-term Debt | 0.02 | 0.02 | 0.47 | 0.91 | 1.35 | -- | -- | -- | -- | -- | -- | -- | -- | 0.95 | 2.10 | 2.65 | 3.20 |
| Total Non-current Liabilities* | 1.72 | 1.89 | 3.05 | 3.82 | 4.63 | 3.83 | 4.16 | 4.48 | 4.91 | 5.21 | 5.50 | 6.08 | 3.00 | 4.07 | 2.60 | 3.34 | 4.09 |
| Total Liabilities | 16.29 | 12.95 | 14.45 | 14.85 | 17.20 | 13.33 | 9.14 | 10.38 | 12.64 | 11.20 | 11.76 | 17.04 | 12.55 | 12.61 | 13.58 | 15.31 | 16.86 |
| Retained Earnings | (141.34) | (137.75) | (138.65) | (138.71) | (138.03) | (138.08) | (140.35) | (137.85) | (139.62) | (142.06) | (145.94) | (147.32) | (149.22) | (150.90) | (156.50) | (157.38) | (157.63) |
| Total Stockholder Equity | 73.11 | 70.25 | 65.82 | 64.08 | 63.03 | 59.27 | 55.42 | 55.79 | 50.36 | 46.07 | 40.60 | 36.74 | 33.27 | 30.07 | 21.33 | 19.31 | 18.20 |
* 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 | 18.74 | 14.87 | 14.80 | 14.06 | 13.20 | 13.14 | 13.24 | 12.09 | 10.64 | 14.43 | 16.71 | 16.47 | 15.75 | 14.85 | 15.69 | 15.24 | 14.71 | 14.35 | 18.22 | 14.80 |
| Cost of Revenue | 8.64 | 7.03 | 7.29 | 6.85 | 6.43 | 6.39 | 6.45 | 6.14 | 5.42 | 6.27 | 7.00 | 6.55 | 6.55 | 6.42 | 7.62 | 6.28 | 6.12 | 6.02 | 6.78 | 6.35 |
| Gross Profit | 10.10 | 7.84 | 7.52 | 7.21 | 6.77 | 6.75 | 6.80 | 5.95 | 5.22 | 8.16 | 9.70 | 9.92 | 9.19 | 8.43 | 8.07 | 8.96 | 8.59 | 8.32 | 11.44 | 8.45 |
| Research & Development | 4.84 | 3.61 | 3.57 | 3.58 | 3.58 | 3.36 | 3.43 | 3.38 | 3.46 | 3.42 | 3.21 | 2.66 | 2.71 | 3.20 | 3.09 | 2.88 | 2.70 | 2.44 | 3.73 | 3.11 |
| Selling, General & Admin | 7.83 | 5.06 | 3.38 | 3.69 | 3.64 | 3.84 | 3.49 | 3.36 | 3.25 | 4.04 | 3.64 | 3.93 | 3.51 | 3.22 | 3.18 | 2.97 | 2.86 | 2.73 | 2.77 | 3.00 |
| Total Operating Expenses | 14.48 | 10.56 | 8.59 | 8.75 | 8.73 | 8.69 | 8.36 | 8.07 | 8.04 | 8.76 | 8.12 | 7.94 | 7.57 | 7.73 | 7.52 | 7.05 | 6.85 | 6.30 | 7.66 | 7.37 |
| Operating Income | (4.38) | (2.72) | (1.07) | (1.54) | (1.96) | (1.93) | (1.56) | (2.12) | (2.82) | (0.60) | 1.59 | 1.98 | 1.62 | 0.70 | 0.55 | 1.91 | 1.74 | 2.02 | 3.79 | 1.08 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 | 0.07 | 0.07 | 0.08 | 0.09 | 0.17 |
| Pretax Income | (3.59) | (0.29) | 1.32 | 0.05 | (0.70) | (1.14) | 1.09 | 2.28 | (2.43) | -- | 1.95 | 2.44 | 3.89 | -- | 0.63 | 1.91 | 1.67 | 1.94 | 3.60 | 0.90 |
| Tax Provision | 0.00 | 0.00 | 0.13 | -0.00 | (0.03) | 0.03 | (0.13) | 0.01 | 0.08 | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.07) | 0.02 |
| Net Income | (3.59) | (0.30) | 1.20 | 0.05 | (0.67) | (1.17) | 1.21 | 2.27 | (2.50) | (0.20) | 1.97 | 2.44 | 3.89 | 0.76 | 0.62 | 1.91 | 1.67 | 1.94 | 3.67 | 0.88 |
| Basic EPS | (0.15) | (0.01) | 0.05 | 0.00 | (0.03) | (0.05) | 0.07 | 0.10 | (0.12) | (0.01) | 0.09 | 0.12 | 0.19 | 0.04 | 0.03 | 0.09 | 0.08 | 0.10 | 0.19 | 0.05 |
| Diluted EPS | (0.15) | (0.01) | 0.05 | 0.00 | (0.03) | (0.05) | 0.07 | 0.10 | (0.12) | (0.01) | 0.09 | 0.11 | 0.18 | 0.04 | 0.03 | 0.09 | 0.08 | 0.09 | 0.19 | 0.04 |
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 | 0.16 | 0.57 | 2.62 | 0.88 | 5.01 | 1.44 | 3.83 | 2.84 | 1.72 | (1.29) | 2.04 | 3.56 | 6.33 | 1.20 | 5.24 | 0.91 | 4.32 | (0.97) | 6.42 | 1.86 |
| Capital Expenditures | 1.32 | 4.36 | 3.60 | 0.34 | 1.99 | 0.91 | 1.75 | 0.06 | 0.03 | 1.21 | 0.32 | 0.02 | 0.05 | 1.01 | 1.47 | 0.32 | 0.97 | 0.02 | 0.45 | 0.02 |
| Free Cash Flow* | (1.16) | (3.78) | (0.97) | 0.54 | 3.03 | 0.53 | 2.09 | 2.78 | 1.69 | (2.50) | 1.72 | 3.54 | 6.28 | 0.19 | 3.77 | 0.58 | 3.35 | (0.99) | 5.97 | 1.83 |
| Investing Cash Flow | (1.82) | (4.83) | (3.94) | (0.85) | (2.49) | (1.39) | (1.76) | (0.06) | (0.03) | (1.20) | (0.32) | (0.02) | (0.04) | (1.01) | (1.47) | (0.32) | (0.77) | (0.02) | (0.45) | (0.02) |
| Financing Cash Flow | 5.06 | 0.31 | 0.51 | 0.27 | 0.28 | 0.01 | 0.43 | 0.05 | 0.28 | 0.35 | 0.29 | 0.57 | 0.33 | (2.78) | (0.41) | (0.19) | (0.38) | (0.53) | 0.88 | (1.49) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2016 |
|---|
| Dividends Per Share | 0.00 |
