Financial Statements — NEOV
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2022 |
|---|
| Cash & Equivalents | 11.48 | 0.24 | 0.89 | 0.54 | 0.33 | 0.39 | 1.01 | 1.50 | 1.82 | 3.46 | 3.42 | 3.99 |
| Accounts Receivable | 6.13 | 5.31 | 5.21 | 2.36 | 1.66 | 1.95 | 1.89 | 2.19 | 2.08 | 1.74 | 1.81 | 2.08 |
| Inventory | 2.19 | 1.86 | 1.48 | 2.28 | 2.03 | 1.77 | 2.14 | 1.98 | 2.23 | 1.36 | 1.74 | 1.64 |
| Total Current Assets | 22.23 | 7.78 | 8.36 | 5.71 | 4.02 | 4.15 | 5.15 | 5.68 | 6.17 | 6.77 | 7.25 | 7.81 |
| Property, Plant & Equipment | 1.31 | 0.09 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 1.50 | 1.50 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 3.43 | 2.33 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 25.66 | 10.11 | 8.45 | 5.71 | 4.02 | 4.15 | 5.15 | 5.68 | 6.17 | 6.77 | 7.25 | 7.81 |
| Accounts Payable | 0.73 | 0.42 | 0.14 | 0.01 | 0.04 | 0.22 | 0.00 | -- | -- | 0.00 | 0.03 | 0.00 |
| Short-term Debt | 0.61 | 2.88 | 4.14 | 1.42 | 0.25 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.74 | 3.71 | 5.68 | 1.50 | 0.33 | 0.25 | 0.02 | 0.01 | 0.05 | 0.09 | 0.05 | 0.34 |
| Total Non-current Liabilities* | 0.74 | 1.40 | 0.63 | 0.38 | 0.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities* | 3.48 | 5.11 | 6.31 | 1.89 | 0.72 | 0.25 | 0.02 | 0.01 | 0.05 | 0.09 | 0.05 | 0.34 |
| Retained Earnings | (35.59) | (32.56) | (27.02) | (24.13) | (22.68) | (21.71) | (20.01) | (19.42) | (18.87) | (18.12) | (17.49) | (16.50) |
| Total Stockholder Equity | 22.18 | 5.00 | 2.13 | 3.83 | 3.30 | 3.90 | 5.14 | 5.66 | 6.12 | 6.68 | 7.20 | 7.47 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3
2026 | 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 | Q4
2022 | Q1
2022 |
|---|
| Total Revenue | 2.02 | 4.65 | 6.65 | 4.75 | 2.01 | 1.07 | 0.59 | 0.58 | 0.28 | 1.02 | 0.76 | 0.72 | 0.63 | 0.57 | 0.91 | 1.54 |
| Cost of Revenue | 1.10 | 3.87 | 5.07 | 4.18 | 1.50 | 0.75 | 0.50 | 0.56 | 0.12 | 0.81 | 0.64 | 0.47 | 0.54 | 0.47 | 0.77 | 1.29 |
| Gross Profit | 0.93 | 0.77 | 1.58 | 0.58 | 0.51 | 0.32 | 0.09 | 0.02 | 0.17 | 0.21 | 0.12 | 0.26 | 0.09 | 0.09 | 0.13 | 0.25 |
| Research & Development | 0.40 | 0.06 | 0.06 | 0.08 | 0.03 | 0.04 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.02 |
| Selling, General & Admin | 3.02 | 5.08 | 2.37 | 1.93 | 1.86 | 1.23 | 1.05 | 0.74 | 0.76 | 0.77 | 0.56 | 0.58 | 0.72 | 1.07 | 1.24 | 0.92 |
| Total Operating Expenses | 3.55 | 5.25 | 2.43 | 2.01 | 1.89 | 1.27 | 1.06 | 0.75 | 0.77 | 0.77 | 0.56 | 0.58 | 0.72 | 1.08 | 1.24 | 0.94 |
| Operating Income | (2.63) | (4.48) | (0.85) | (1.43) | (1.37) | (0.95) | (0.97) | (0.73) | (0.60) | (0.57) | (0.43) | (0.32) | (0.63) | (0.99) | (1.11) | (0.69) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 |
| Net Income | (3.03) | (5.54) | (1.24) | (1.65) | (1.45) | (0.97) | (0.96) | (0.73) | (0.59) | (0.56) | (0.43) | (0.32) | (0.63) | (0.99) | (1.13) | (0.70) |
| Basic EPS | (0.08) | (0.16) | (0.04) | (0.05) | (0.04) | (0.03) | (0.03) | (0.02) | (0.02) | (0.02) | (0.01) | (0.01) | (0.02) | (0.03) | (0.04) | (0.02) |
| Diluted EPS | (0.08) | (0.16) | (0.04) | (0.05) | (0.04) | (0.03) | (0.03) | (0.02) | (0.02) | (0.02) | (0.01) | (0.01) | (0.02) | (0.03) | (0.04) | (0.02) |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | 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
2022 |
|---|
| Operating Cash Flow | (3.58) | (2.08) | (2.49) | (0.92) | (2.05) | (0.86) | (0.59) | (0.03) | (0.49) | (0.32) | (0.18) | (1.46) | 0.04 | (0.69) | (0.12) |
| Capital Expenditures | 0.66 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (4.24) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (2.29) | (0.50) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Financing Cash Flow | 17.10 | 1.94 | 2.59 | 1.18 | 2.26 | 0.79 | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.78 | 3.78 |
* Derived from reported values
