Financial Statements — NGNE
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 | 112.49 | 124.16 | 71.01 | 58.81 | 70.77 | 66.63 | 111.03 | 150.14 | 25.23 | 31.11 | 35.49 | 40.34 | 77.53 | 128.06 | 154.92 | 164.24 | 178.39 |
| Short-term Investments | 112.91 | 119.02 | 194.41 | 215.71 | 221.83 | 72.36 | 42.87 | 19.39 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 228.91 | 246.75 | 270.52 | 278.99 | 296.40 | 143.65 | 159.15 | 174.14 | 79.89 | 83.78 | 85.64 | 108.86 | 118.49 | 130.37 | 156.50 | 167.50 | 181.31 |
| Property, Plant & Equipment | 11.73 | 12.50 | 13.48 | 14.25 | 14.81 | 16.07 | 16.06 | 16.48 | 0.48 | 0.56 | 2.49 | 5.82 | 6.24 | 6.23 | 6.26 | 6.11 | 5.11 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.02 | 0.07 | 0.18 | 0.24 | 0.29 |
| Total Non-current Assets* | 15.45 | 16.39 | 17.31 | 18.33 | 18.90 | 20.47 | 20.67 | 21.21 | 9.69 | 10.23 | 12.82 | 17.72 | 18.54 | 18.76 | 19.44 | 19.53 | 18.80 |
| Total Assets | 244.36 | 263.14 | 287.83 | 297.32 | 315.30 | 164.12 | 179.82 | 195.35 | 89.59 | 94.01 | 98.46 | 126.58 | 137.02 | 149.13 | 175.93 | 187.02 | 200.10 |
| Accounts Payable | 3.29 | 4.68 | 1.54 | 2.06 | 3.06 | 1.68 | 1.72 | 1.52 | 3.66 | 3.39 | 5.42 | 8.86 | 7.89 | 6.33 | 7.77 | 6.41 | 7.31 |
| Total Current Liabilities | 21.51 | 18.87 | 14.71 | 15.44 | 14.09 | 15.80 | 13.07 | 11.82 | 5.21 | 4.88 | 7.16 | 10.24 | 9.27 | 7.60 | 9.00 | 7.58 | 8.41 |
| Total Non-current Liabilities* | 5.73 | 6.49 | 7.58 | 8.62 | 9.41 | 10.91 | 11.74 | 12.76 | 9.14 | 9.55 | 9.95 | 10.69 | 11.04 | 11.44 | 12.07 | 12.37 | 12.73 |
| Total Liabilities | 27.23 | 25.36 | 22.29 | 24.06 | 23.51 | 26.71 | 24.81 | 24.57 | 14.35 | 14.43 | 17.10 | 20.93 | 20.31 | 19.03 | 21.07 | 19.95 | 21.14 |
| Retained Earnings | (418.07) | (383.58) | (327.91) | (306.96) | (284.94) | (242.78) | (222.57) | (204.07) | (471.87) | (467.34) | (465.26) | (437.61) | (424.54) | (408.85) | (378.33) | (362.88) | (347.76) |
| Total Stockholder Equity | 217.13 | 237.78 | 265.54 | 273.26 | 291.80 | 137.41 | 155.01 | 170.78 | 75.24 | 79.58 | 81.36 | 105.65 | 116.71 | 130.09 | 154.87 | 167.07 | 178.97 |
* 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 | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.93 | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 25.47 | 25.15 | 20.64 | 17.24 | 19.37 | 17.76 | 15.35 | 16.29 | 15.74 | 13.54 | 36.51 | 0.62 | (0.43) | 7.69 | 10.00 | 9.47 | 10.96 | 10.70 | -- | 9.90 |
| Selling, General & Admin | 11.20 | 8.20 | 6.89 | 6.56 | 6.72 | 8.16 | 6.17 | 5.90 | 5.32 | 5.24 | (1.28) | 4.95 | 3.49 | 4.03 | 4.25 | 4.14 | 4.92 | 4.66 | 5.44 | 5.56 |
| Total Operating Expenses | 36.67 | 33.35 | 27.53 | 23.80 | 26.08 | 25.92 | 21.51 | 22.18 | 21.06 | 18.78 | 31.81 | 5.57 | 3.07 | 15.14 | 14.25 | 13.61 | 15.87 | -- | -- | -- |
| Operating Income | (36.67) | (33.35) | (27.53) | (23.80) | (26.08) | (25.92) | (21.51) | (22.18) | (20.13) | (18.78) | (31.81) | (5.57) | (3.07) | (15.13) | (14.25) | (13.61) | (15.87) | (15.36) | (15.17) | (15.45) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (34.49) | (30.93) | (24.73) | (20.95) | (22.02) | (22.65) | (19.51) | (20.22) | (18.49) | (16.92) | (15.50) | (4.53) | (2.08) | (14.20) | (13.45) | (13.07) | (15.69) | (15.35) | (15.17) | (15.45) |
| Basic EPS | (1.53) | (1.39) | (1.12) | (0.99) | (1.05) | (1.08) | (1.00) | (1.19) | (1.09) | (1.00) | -- | (0.41) | (0.04) | (0.26) | (0.24) | (0.24) | (0.28) | (0.28) | (0.28) | (0.28) |
| Diluted EPS | (1.53) | (1.39) | (1.12) | (0.99) | (1.05) | (1.08) | (1.00) | (1.19) | (1.09) | (1.00) | -- | (0.41) | (0.04) | (0.26) | (0.24) | (0.24) | (0.28) | (0.28) | (0.28) | (0.28) |
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 | (23.76) | (26.12) | (17.43) | (19.51) | (19.46) | (20.77) | (17.50) | (15.56) | (15.89) | (21.65) | (30.07) | (4.27) | (4.05) | (13.03) | (10.93) | (9.29) | (11.29) | (14.09) | (12.17) | (8.76) |
| Capital Expenditures | 0.35 | 0.28 | 0.13 | 0.13 | 0.15 | 0.78 | 0.12 | 0.17 | 0.46 | 0.07 | (0.23) | 0.00 | 0.13 | 0.42 | 0.10 | 0.32 | 0.23 | 0.45 | 0.40 | 0.59 |
| Free Cash Flow* | (24.11) | (26.40) | (17.56) | (19.64) | (19.61) | (21.55) | (17.61) | (15.73) | (16.35) | (21.71) | (29.84) | (4.27) | (4.18) | (13.45) | (11.04) | (9.61) | (11.53) | (14.54) | (12.56) | (9.34) |
| Investing Cash Flow | 6.10 | 46.24 | 29.61 | 21.99 | 7.45 | (45.04) | (102.62) | (28.97) | (23.61) | 29.94 | 16.96 | (1.61) | (0.41) | 10.71 | 8.47 | (27.85) | (39.30) | (0.45) | (0.40) | (0.59) |
| Financing Cash Flow | 5.98 | 0.20 | 20.66 | 9.71 | 0.05 | 0.00 | 190.07 | 0.13 | 0.40 | (6.52) | 92.84 | -0.00 | (0.29) | (0.07) | 0.02 | (0.05) | 0.06 | 0.13 | 0.11 | 0.03 |
* Derived from reported values
