Financial Statements — MTEN
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 |
|---|
| Cash & Equivalents | 1.76 | 1.38 |
| Accounts Receivable | 3.94 | 3.75 |
| Inventory | 1.49 | 1.33 |
| Total Current Assets | 9.02 | 7.66 |
| Property, Plant & Equipment | 3.71 | 3.67 |
| Intangible Assets | 0.06 | -- |
| Total Non-current Assets | 3.80 | 6.20 |
| Total Assets | 12.82 | 13.86 |
| Accounts Payable | 1.21 | 1.26 |
| Total Current Liabilities | 5.45 | 4.15 |
| Total Non-current Liabilities | 0.24 | 0.22 |
| Total Liabilities | 5.69 | 4.38 |
| Retained Earnings | (0.57) | 6.20 |
| Total Stockholder Equity | 7.13 | 9.48 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 |
|---|
| Total Revenue | 0.00 | 0.00 |
| Cost of Revenue | 3.79 | 2.99 |
| Gross Profit | 1.47 | 1.65 |
| Research & Development | 0.41 | 0.29 |
| Selling, General & Admin | 1.00 | 1.51 |
| Total Operating Expenses | 1.47 | 1.93 |
| Operating Income | 0.00 | (0.27) |
| Pretax Income | (1.30) | (0.27) |
| Tax Provision | 0.06 | (0.01) |
| Net Income | (1.36) | (0.27) |
| Basic EPS | (0.20) | (0.05) |
| Diluted EPS | (0.20) | (0.05) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 |
|---|
| Operating Cash Flow | (0.23) | (0.66) |
| Capital Expenditures | 0.30 | 0.63 |
| Free Cash Flow* | (0.52) | (1.29) |
| Investing Cash Flow | (0.30) | (3.16) |
| Financing Cash Flow | 0.19 | 4.15 |
* Derived from reported values
