Financial Statements — NEO
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 | 0.15 | 0.15 | 0.16 | 0.15 | 0.35 | 0.36 | 0.36 | 0.33 | 0.31 | 0.29 | 0.28 | 0.27 | 0.28 | 0.31 | 0.34 | 0.37 | 0.61 |
| Accounts Receivable | 0.18 | 0.17 | 0.16 | 0.15 | 0.15 | 0.15 | 0.15 | 0.14 | 0.13 | 0.13 | 0.12 | 0.11 | 0.11 | 0.11 | 0.10 | 0.11 | 0.10 |
| Inventory | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total Current Assets | 0.38 | 0.37 | 0.38 | 0.39 | 0.57 | 0.59 | 0.58 | 0.57 | 0.59 | 0.58 | 0.58 | 0.60 | 0.62 | 0.65 | 0.71 | 0.72 | 0.94 |
| Property, Plant & Equipment | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.09 |
| Goodwill | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.53 | 0.53 | 0.53 | 0.50 | 0.21 |
| Intangible Assets | 0.26 | 0.27 | 0.28 | 0.29 | 0.32 | 0.33 | 0.34 | 0.35 | 0.37 | 0.38 | 0.39 | 0.40 | 0.41 | 0.42 | 0.44 | 0.46 | 0.10 |
| Total Non-current Assets | 0.97 | 0.97 | 0.99 | 1.00 | 1.03 | 1.05 | 1.06 | 1.07 | 1.09 | 1.11 | 1.12 | 1.15 | 1.17 | 1.18 | 1.20 | 1.17 | 0.55 |
| Total Assets | 1.35 | 1.35 | 1.37 | 1.39 | 1.60 | 1.64 | 1.64 | 1.64 | 1.68 | 1.70 | 1.71 | 1.76 | 1.79 | 1.83 | 1.91 | 1.90 | 1.49 |
| Accounts Payable | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 |
| Total Current Liabilities | 0.11 | 0.08 | 0.10 | 0.10 | 0.28 | 0.30 | 0.29 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.09 | 0.10 | 0.07 |
| Long-term Debt | 0.37 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.53 | 0.53 | 0.53 |
| Total Non-current Liabilities | 0.46 | 0.43 | 0.44 | 0.44 | 0.43 | 0.44 | 0.44 | 0.64 | 0.64 | 0.64 | 0.65 | 0.66 | 0.67 | 0.67 | 0.68 | 0.65 | 0.58 |
| Total Liabilities | 0.57 | 0.52 | 0.54 | 0.54 | 0.71 | 0.73 | 0.73 | 0.72 | 0.73 | 0.74 | 0.73 | 0.74 | 0.75 | 0.75 | 0.77 | 0.75 | 0.65 |
| Retained Earnings | (0.45) | (0.45) | (0.42) | (0.40) | (0.35) | (0.31) | (0.29) | (0.27) | (0.23) | (0.21) | (0.19) | (0.14) | (0.10) | (0.06) | 0.03 | 0.05 | (0.03) |
| Total Stockholder Equity | 0.79 | 0.83 | 0.84 | 0.85 | 0.89 | 0.91 | 0.92 | 0.92 | 0.95 | 0.96 | 0.97 | 1.01 | 1.04 | 1.08 | 1.14 | 1.15 | 0.84 |
Income 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 |
|---|
| Total Revenue | 201.66 | 186.67 | 190.17 | 187.80 | 181.33 | 168.04 | 172.00 | 167.82 | 164.50 | 156.24 | 155.55 | 151.95 | 146.92 | 137.22 | 138.71 | 128.78 | 125.07 | 117.17 | 125.73 | 121.34 |
| Cost of Revenue | 109.78 | 105.81 | 106.83 | 107.35 | 104.07 | 94.79 | 94.74 | 92.94 | 92.01 | 90.77 | 87.96 | 89.64 | 87.03 | 82.41 | 81.88 | 79.89 | 81.13 | 78.94 | 80.47 | 74.10 |
| Gross Profit | 91.88 | 80.86 | 83.34 | 80.45 | 77.26 | 73.25 | 77.26 | 74.88 | 72.49 | 65.47 | 67.59 | 62.31 | 59.89 | 54.81 | 56.83 | 48.89 | 43.95 | 38.23 | 45.26 | 47.24 |
| Research & Development | 10.76 | 9.53 | 9.18 | 8.69 | 9.02 | 10.18 | 7.97 | 7.68 | 7.89 | 7.62 | 7.13 | 5.29 | 7.50 | 7.40 | 6.68 | 7.31 | 8.63 | 7.71 | 8.51 | 7.41 |
| Selling, General & Admin | 63.61 | 65.74 | 63.51 | 69.87 | 71.75 | 68.21 | 63.64 | 66.97 | 63.33 | 65.80 | 59.76 | 61.49 | 60.31 | 61.55 | 54.88 | 64.28 | 57.95 | 66.25 | 62.39 | 63.84 |
| Total Operating Expenses | 101.65 | 99.11 | 96.76 | 107.46 | 124.89 | 101.07 | 95.66 | 96.08 | 94.44 | 96.04 | 86.16 | 86.51 | 89.79 | 89.89 | 83.21 | 88.40 | 83.65 | 90.26 | 86.82 | 86.95 |
| Operating Income | (9.77) | (18.24) | (13.41) | (27.01) | (47.63) | (27.82) | (18.40) | (21.20) | (21.94) | (30.57) | (18.57) | (24.19) | (29.89) | (35.07) | (26.38) | (39.51) | (39.70) | (52.03) | (41.57) | (39.71) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.69 | 13.74 | (2.84) | (2.52) | -- | (0.86) | 0.14 | 0.93 | 1.30 | 1.71 | 1.30 |
| Pretax Income | 1.83 | (17.58) | (12.41) | (26.39) | (45.82) | (25.66) | (16.13) | (17.85) | (19.02) | (27.68) | (15.29) | (21.45) | (26.64) | (33.72) | (25.52) | (39.62) | (41.03) | (53.16) | (44.20) | (23.17) |
| Tax Provision | (0.41) | (0.47) | (2.52) | 0.74 | (0.72) | 0.27 | (0.80) | (0.15) | (0.37) | (0.62) | (0.96) | (2.93) | (2.31) | (2.92) | (2.84) | (2.77) | (5.73) | (3.75) | (2.44) | (2.82) |
| Net Income | 2.24 | (17.11) | (9.88) | (27.13) | (45.09) | (25.92) | (15.32) | (17.70) | (18.64) | (27.06) | (14.33) | (18.52) | (24.33) | (30.79) | (22.69) | (36.85) | (35.30) | (49.41) | (41.76) | (20.35) |
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 | 19.96 | (8.14) | 1.34 | 8.88 | 20.33 | (25.33) | 9.80 | 9.25 | 13.89 | (25.91) | 17.78 | (5.50) | (1.55) | (12.69) | (3.68) | (16.27) | (17.00) | (29.04) | (19.78) | (7.77) |
| Capital Expenditures | 8.22 | 5.00 | 7.87 | 8.31 | 6.32 | 4.50 | 11.60 | 10.80 | 13.08 | 5.59 | 7.06 | 4.27 | 7.49 | 9.93 | 4.53 | 7.84 | 10.29 | 8.22 | 11.99 | 14.98 |
| Free Cash Flow* | 11.74 | (13.14) | (6.53) | 0.57 | 14.01 | (29.83) | (1.80) | (1.55) | 0.81 | (31.50) | 10.73 | (9.77) | (9.04) | (22.62) | (8.22) | (24.12) | (27.29) | (37.26) | (31.76) | (22.74) |
| Investing Cash Flow | (8.32) | (5.00) | (6.30) | (0.28) | (9.31) | 3.56 | (5.47) | (3.52) | 7.31 | 14.53 | 17.20 | 20.82 | 14.95 | 23.74 | (1.06) | (4.20) | (6.27) | 12.05 | (9.58) | (14.69) |
| Financing Cash Flow | (12.24) | (0.34) | 0.43 | 0.77 | (202.43) | 0.95 | 0.69 | 1.18 | 1.97 | 0.82 | 1.27 | 1.84 | 0.06 | 1.38 | 1.80 | 2.96 | 1.01 | 6.06 | 2.46 | (6.72) |
* Derived from reported values
