Financial Statements — MXCT
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 |
|---|
| Cash & Equivalents | 15.04 | 14.56 | 12.97 | 15.23 | 23.39 | 36.96 | 37.51 | 22.25 | 49.17 | 54.56 | 37.83 | 43.02 | 109.17 | 239.78 | 58.97 | 37.42 |
| Short-term Investments | 90.65 | 92.30 | 92.76 | 111.34 | 114.89 | 116.87 | 119.82 | 135.26 | 141.07 | 161.55 | 186.82 | 189.87 | 131.72 | 6.50 | 196.91 | 35.97 |
| Accounts Receivable | 3.92 | 4.25 | 8.31 | 5.75 | 5.53 | 4.56 | 4.58 | 5.99 | 8.17 | 7.61 | 8.29 | 7.43 | 7.43 | 8.63 | 5.96 | 5.72 |
| Inventory | 7.80 | 7.63 | 7.61 | 7.93 | 8.27 | 10.39 | 11.16 | 11.96 | 12.53 | 11.02 | 10.26 | 7.91 | 7.72 | 6.58 | 4.15 | 4.17 |
| Total Current Assets | 121.27 | 122.94 | 124.65 | 143.22 | 155.75 | 172.91 | 175.65 | 178.67 | 214.34 | 236.62 | 246.44 | 252.28 | 257.83 | 265.79 | 269.54 | 84.63 |
| Property, Plant & Equipment | 14.90 | 16.64 | 18.62 | 19.40 | 19.92 | 20.97 | 21.72 | 22.81 | 23.77 | 24.32 | 24.95 | 22.99 | 20.60 | 13.20 | 6.81 | 5.47 |
| Goodwill | -- | -- | 3.55 | 3.75 | 3.92 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 0.77 | 0.78 | 0.67 | 0.64 | 0.50 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 63.40 | 71.54 | 88.83 | 76.53 | 74.21 | 75.70 | 75.85 | 79.26 | 52.39 | 34.59 | 35.10 | 34.13 | 31.95 | 25.16 | 8.15 | 8.52 |
| Total Assets | 184.67 | 194.47 | 213.48 | 219.75 | 229.96 | 248.61 | 251.50 | 257.93 | 266.73 | 271.20 | 281.54 | 286.41 | 289.78 | 290.96 | 277.69 | 93.15 |
| Accounts Payable | 1.73 | 1.20 | 1.29 | 1.21 | 2.28 | 1.87 | 0.95 | 1.67 | 0.45 | 1.60 | 3.50 | 2.09 | 2.46 | 4.37 | 0.72 | 0.64 |
| Total Current Liabilities | 9.90 | 10.21 | 16.10 | 11.56 | 12.73 | 17.62 | 12.28 | 13.48 | 16.65 | 13.20 | 16.64 | 16.76 | 18.11 | 15.55 | 12.58 | 12.53 |
| Total Non-current Liabilities* | 16.02 | 16.38 | 17.10 | 17.47 | 17.82 | 17.69 | 17.96 | 18.09 | 16.70 | 17.02 | 17.09 | 15.22 | 14.45 | 13.22 | 1.00 | 1.79 |
| Total Liabilities | 25.92 | 26.59 | 33.20 | 29.03 | 30.55 | 35.31 | 30.24 | 31.57 | 33.35 | 30.22 | 33.73 | 31.98 | 32.55 | 28.77 | 13.57 | 14.33 |
| Retained Earnings | (275.11) | (266.23) | (251.89) | (239.47) | (227.11) | (206.26) | (194.70) | (185.32) | (170.52) | (159.27) | (148.76) | (133.07) | (126.63) | (118.37) | (109.43) | (106.75) |
| Total Stockholder Equity | 158.75 | 167.89 | 180.28 | 190.72 | 199.41 | 213.30 | 221.26 | 226.36 | 233.38 | 240.98 | 247.82 | 254.43 | 257.22 | 262.18 | 264.12 | 78.82 |
* 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 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 4.94 | 4.50 | 4.79 | 4.60 | 5.82 | 5.74 | 6.05 | 5.61 | 4.97 | 5.58 | 4.75 | 4.16 | 5.62 | 4.96 | 7.76 | 7.15 | 6.98 | 6.86 | 7.51 | 5.61 |
| Cost of Revenue | 1.68 | 1.57 | 1.61 | 1.60 | 1.52 | 1.50 | 2.28 | 1.93 | 1.49 | 1.40 | 1.57 | 0.79 | 1.38 | 1.00 | 1.55 | 1.37 | 1.12 | 1.06 | 1.23 | 0.94 |
| Gross Profit | 5.60 | 8.08 | 5.69 | 5.23 | 6.99 | 8.89 | 6.41 | 6.24 | 8.94 | 9.94 | 14.09 | 7.21 | 7.67 | 7.58 | 10.88 | 9.27 | 8.49 | 10.52 | 8.93 | 9.20 |
| Research & Development | 4.25 | 3.86 | 3.34 | 5.32 | 6.27 | 5.90 | 4.61 | 5.32 | 5.62 | 6.68 | 5.84 | 6.26 | 5.66 | 6.05 | 5.73 | 5.33 | 4.70 | 3.77 | 3.35 | 2.77 |
| Selling, General & Admin | 7.26 | 5.97 | 5.48 | 6.03 | 8.08 | 8.53 | 7.21 | 7.75 | 7.64 | 7.10 | 8.09 | 6.82 | 7.66 | 7.50 | 5.65 | 6.44 | 7.10 | 6.63 | 5.09 | 5.65 |
| Total Operating Expenses | 15.83 | 14.27 | 16.92 | 19.38 | 21.22 | 21.19 | 19.31 | 20.29 | 20.91 | 22.21 | 22.19 | 21.16 | 20.74 | 20.75 | 17.63 | 16.99 | 17.23 | 14.68 | 13.88 | 11.64 |
| Operating Income | (10.23) | (6.18) | (11.23) | (14.15) | (14.23) | (12.29) | (12.90) | (14.05) | (11.97) | (12.27) | (8.10) | (13.95) | (13.07) | (13.18) | (6.75) | (7.71) | (8.74) | (4.16) | (4.96) | (2.44) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.00 | 0.00 |
| Pretax Income | (8.87) | (4.75) | (9.60) | (12.42) | (12.36) | (10.26) | (10.60) | (11.56) | (9.37) | (9.53) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (8.87) | (4.75) | (9.60) | (12.42) | (12.36) | (10.26) | (10.60) | (11.56) | (9.37) | (9.53) | (5.28) | (11.25) | (10.51) | (10.88) | (4.81) | (6.43) | (8.26) | (4.07) | (4.87) | (2.68) |
| Basic EPS | (0.08) | (0.04) | (0.08) | (0.12) | (0.12) | (0.10) | (0.10) | (0.11) | (0.09) | (0.09) | (0.05) | (0.11) | (0.10) | (0.11) | (0.05) | (0.06) | (0.08) | (0.04) | (0.05) | (0.03) |
| Diluted EPS | (0.08) | (0.04) | (0.09) | (0.12) | (0.12) | -- | (0.10) | (0.11) | (0.09) | -- | (0.05) | (0.11) | (0.10) | (0.11) | (0.05) | (0.06) | (0.08) | (0.04) | (0.05) | (0.03) |
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 | (4.66) | (8.17) | (2.69) | (7.46) | (9.85) | (14.41) | (7.82) | (4.39) | (4.83) | (10.56) | 0.98 | (8.24) | (10.10) | (4.32) | (6.09) | (5.92) | 0.92 | (3.69) | (0.96) | (0.69) |
| Capital Expenditures | 0.06 | 0.07 | 0.23 | 0.30 | 0.58 | 0.65 | 0.15 | 0.41 | 0.29 | 0.80 | 0.91 | 0.72 | 0.51 | 1.56 | 2.19 | 3.48 | 6.81 | 6.00 | 1.12 | 1.44 |
| Free Cash Flow* | (4.72) | (8.24) | (2.92) | (7.76) | (10.44) | (15.06) | (7.97) | (4.80) | (5.13) | (11.37) | 0.07 | (8.96) | (10.61) | (5.88) | (8.28) | (9.40) | (5.89) | (9.69) | (2.08) | (2.13) |
| Investing Cash Flow | 6.57 | 2.66 | 9.68 | 5.19 | 1.54 | 9.53 | (1.66) | 3.61 | 19.39 | (14.40) | (4.14) | 2.81 | 26.67 | 29.64 | (27.10) | (60.67) | (131.85) | 194.80 | (11.44) | (162.35) |
| Financing Cash Flow | (1.42) | 0.01 | 0.11 | 0.01 | 0.15 | 0.38 | 0.41 | 0.23 | 0.71 | 0.70 | 0.49 | 0.04 | 0.16 | 1.46 | 1.23 | 0.44 | 0.33 | 0.89 | 1.21 | 184.59 |
* Derived from reported values
