Financial Statements — NHTC
Balance Sheet
(in millions USD)| Metric | 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 | 9.22 | 14.34 | 10.53 | 21.69 | 22.90 | 15.58 | 25.83 | 58.41 | 61.57 | 66.61 | 70.66 | 75.63 | 79.38 | 84.64 | 88.11 | 90.21 |
| Short-term Investments | 12.01 | 17.67 | 23.71 | 20.21 | 23.43 | 33.09 | 28.61 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 1.97 | 2.15 | 2.77 | 2.82 | 3.68 | 4.25 | 4.90 | 4.88 | 4.72 | 4.98 | 4.99 | 5.19 | 4.86 | 4.39 | 3.71 | 3.63 |
| Total Current Assets | 26.54 | 37.89 | 40.86 | 48.81 | 53.84 | 56.90 | 62.73 | 66.97 | 69.95 | 75.01 | 79.01 | 84.23 | 88.92 | 93.42 | 95.53 | 97.23 |
| Property, Plant & Equipment | 0.26 | 0.17 | 0.15 | 0.18 | 0.21 | 0.23 | 0.24 | 0.28 | 0.31 | 0.35 | 0.43 | 0.43 | 0.45 | 0.46 | 0.53 | 0.52 |
| Total Non-current Assets* | 5.41 | 4.36 | 4.30 | 4.37 | 4.45 | 4.59 | 4.91 | 4.85 | 4.87 | 5.17 | 5.58 | 3.80 | 4.13 | 5.56 | 5.88 | 6.25 |
| Total Assets | 31.95 | 42.25 | 45.16 | 53.18 | 58.29 | 61.49 | 67.64 | 71.82 | 74.82 | 80.18 | 84.60 | 88.03 | 93.04 | 98.98 | 101.41 | 103.49 |
| Accounts Payable | 1.31 | 1.01 | 0.96 | 0.97 | 0.55 | 0.65 | 0.75 | 0.67 | 0.73 | 1.15 | 0.98 | 0.76 | 0.82 | 0.88 | 1.03 | 0.76 |
| Total Current Liabilities | 13.24 | 14.76 | 14.95 | 20.74 | 21.11 | 22.13 | 20.86 | 20.78 | 21.54 | 20.02 | 20.24 | 22.74 | 22.20 | 22.87 | 23.14 | 21.39 |
| Total Non-current Liabilities* | 2.24 | 1.35 | 1.36 | 1.55 | 1.87 | 2.11 | 7.41 | 7.73 | 7.85 | 12.11 | 12.45 | 10.74 | 13.97 | 14.55 | 14.83 | 16.72 |
| Total Liabilities | 15.49 | 16.10 | 16.31 | 22.30 | 22.99 | 24.24 | 28.27 | 28.51 | 29.39 | 32.13 | 32.69 | 33.48 | 36.17 | 37.42 | 37.97 | 38.11 |
| Retained Earnings | (37.45) | (33.55) | (30.81) | (28.52) | (24.22) | (21.95) | (19.82) | (15.76) | (13.63) | (11.10) | (6.96) | (4.72) | (2.62) | 1.82 | 3.63 | 5.69 |
| Total Stockholder Equity | 16.46 | 26.15 | 28.86 | 30.88 | 35.31 | 37.25 | 39.37 | 43.31 | 45.43 | 48.05 | 51.91 | 54.55 | 56.87 | 61.56 | 63.43 | 65.38 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 | Q2
2021 |
|---|
| Total Revenue | 9.21 | 9.75 | 9.48 | 9.81 | 10.74 | 10.85 | 10.69 | 10.48 | 10.95 | 10.94 | 10.62 | 10.51 | 11.86 | 12.51 | 11.72 | 13.36 | 11.55 | 16.11 | 14.28 | 16.15 |
| Cost of Revenue | 2.30 | 2.64 | 2.49 | 2.56 | 2.83 | 2.80 | 2.77 | 2.70 | 2.91 | 2.79 | 2.69 | 2.67 | 3.03 | 3.26 | 3.10 | 3.39 | 2.91 | 4.15 | 3.67 | 3.93 |
| Gross Profit | 6.90 | 7.11 | 6.99 | 7.26 | 7.91 | 8.04 | 7.93 | 7.78 | 8.04 | 8.15 | 7.93 | 7.85 | 8.83 | 9.25 | 8.62 | 9.97 | 8.64 | 11.96 | 10.61 | 12.22 |
| Selling, General & Admin | 3.52 | 3.82 | 3.61 | 3.58 | 3.76 | 3.92 | 3.87 | 3.81 | 3.92 | 3.84 | 3.86 | 4.08 | 4.23 | 3.83 | 3.90 | 3.99 | 4.28 | 4.36 | 4.10 | 4.91 |
| Total Operating Expenses | 7.38 | 7.74 | 7.48 | 7.59 | 8.25 | 8.47 | 8.20 | 8.01 | 8.40 | 8.39 | 8.22 | 8.59 | 9.22 | 9.21 | 8.76 | 9.75 | 9.02 | 11.47 | 10.13 | 11.83 |
| Operating Income | (0.47) | (0.63) | (0.49) | (0.33) | (0.34) | (0.42) | (0.28) | (0.24) | (0.36) | (0.24) | (0.29) | (0.74) | (0.39) | 0.04 | (0.14) | 0.22 | (0.38) | 0.49 | 0.48 | 0.39 |
| Pretax Income | (0.18) | (0.41) | (0.29) | 0.02 | 0.12 | (0.02) | 0.17 | 0.28 | 0.20 | 0.47 | 0.29 | (0.30) | 0.29 | 0.44 | 0.04 | 0.39 | (0.27) | 0.52 | 0.43 | 0.33 |
| Tax Provision | (0.02) | 0.18 | 0.14 | 0.00 | -0.00 | (0.20) | 0.13 | 0.11 | 0.01 | 0.11 | 0.12 | (0.08) | 0.03 | 0.26 | -0.00 | 0.21 | (0.17) | 0.29 | (0.04) | 0.10 |
| Net Income | (0.15) | (0.59) | (0.43) | 0.02 | 0.12 | 0.18 | 0.04 | 0.17 | 0.19 | 0.36 | 0.17 | (0.22) | 0.26 | 0.19 | 0.05 | 0.18 | (0.10) | 0.23 | 0.47 | 0.23 |
| Basic EPS | (0.02) | (0.05) | (0.04) | 0.00 | 0.01 | 0.01 | 0.00 | 0.02 | 0.02 | 0.03 | 0.02 | (0.02) | 0.02 | 0.02 | 0.00 | 0.02 | (0.01) | 0.03 | 0.04 | 0.02 |
| Diluted EPS | (0.02) | (0.05) | (0.04) | 0.00 | 0.01 | 0.01 | 0.00 | 0.02 | 0.02 | 0.03 | 0.02 | (0.02) | 0.02 | 0.02 | 0.00 | 0.02 | (0.01) | 0.02 | 0.04 | 0.02 |
Cash Flow Statement
(in millions USD)| Metric | 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 | Q2
2021 |
|---|
| Operating Cash Flow | (0.80) | (0.96) | 0.11 | (5.63) | 0.48 | 0.09 | (0.44) | (3.57) | 0.55 | (0.07) | (0.87) | (2.64) | (0.70) | 0.94 | (2.29) | (1.15) | (2.35) | 1.57 | (1.10) | 0.13 |
| Capital Expenditures | 0.12 | 0.01 | 0.04 | 0.00 | 0.02 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.05 | 0.04 | 0.04 | 0.06 | 0.02 | 0.08 |
| Free Cash Flow* | (0.91) | (0.96) | 0.07 | (5.64) | 0.47 | 0.07 | (0.44) | (3.59) | 0.54 | (0.08) | (0.89) | (2.65) | (0.70) | 0.93 | (2.34) | (1.19) | (2.39) | 1.51 | (1.12) | 0.05 |
| Investing Cash Flow | 9.94 | (4.40) | 5.90 | (3.33) | 9.97 | (6.98) | 9.80 | (4.36) | (28.52) | (0.01) | (0.02) | (0.01) | (0.01) | (0.01) | (0.05) | (0.04) | (0.04) | (0.06) | (0.02) | (0.08) |
| Financing Cash Flow | (6.73) | (2.30) | (2.30) | (2.30) | (2.30) | (2.30) | (2.30) | (2.30) | (2.30) | (2.30) | (2.30) | (2.30) | (2.30) | (2.28) | (2.28) | (2.28) | (2.28) | (2.28) | (2.28) | (2.28) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | 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 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Dividends Per Share | 0.10 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
