Financial Statements — NMTC
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
2023 | Q3
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 2.05 | 2.80 | 3.56 | 8.04 | 1.32 | 1.13 | 1.62 | 2.43 | 2.68 | 3.08 | 3.60 | 4.67 | 10.18 | 12.87 | 8.99 | 11.27 | 7.13 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.00 | 2.98 | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.10 | 1.90 | 2.66 | -- | 0.32 | 2.37 | 0.41 | 0.56 | 0.54 | -- | 0.21 | 0.10 | -- | 0.04 | 0.04 | -- | 0.07 |
| Inventory | 2.29 | 2.10 | 1.67 | 1.90 | 1.83 | 1.93 | 1.79 | 1.31 | 1.61 | 1.52 | 1.17 | 0.90 | 0.45 | 0.22 | 0.05 | -- | 0.01 |
| Total Current Assets | 5.79 | 7.11 | 8.07 | 10.17 | 3.75 | 5.71 | 4.09 | 4.71 | 5.09 | 4.88 | 6.36 | 8.97 | 10.93 | 13.44 | 9.27 | 11.36 | 7.34 |
| Property, Plant & Equipment | 0.20 | 0.23 | 0.24 | 0.31 | 0.33 | 0.38 | 0.47 | 0.50 | 0.51 | 0.59 | 0.52 | 0.33 | 0.32 | 0.29 | 0.16 | 0.16 | 0.15 |
| Intangible Assets | 0.03 | 0.03 | 0.04 | 0.05 | 0.06 | 0.06 | 0.07 | 0.08 | 0.08 | 0.10 | 0.10 | 0.11 | 0.12 | 0.12 | 0.14 | 0.15 | 0.15 |
| Total Non-current Assets* | 0.40 | 0.46 | 0.51 | 0.65 | 0.70 | 0.78 | 0.83 | 0.69 | 0.73 | 0.88 | 0.85 | 0.69 | 0.64 | 0.65 | 0.54 | 0.56 | 0.57 |
| Total Assets | 6.19 | 7.57 | 8.58 | 10.82 | 4.46 | 6.49 | 4.91 | 5.39 | 5.82 | 5.76 | 7.21 | 9.66 | 11.57 | 14.09 | 9.81 | 11.92 | 7.91 |
| Accounts Payable | 0.91 | 0.93 | 0.55 | 0.47 | 0.91 | 0.74 | 0.76 | 0.78 | 0.76 | 0.96 | 0.95 | 0.86 | 0.33 | 0.45 | 0.30 | 0.35 | 0.52 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | 0.12 | -- | -- | -- | -- | -- | -- | -- | -- | 1.01 |
| Total Current Liabilities | 2.04 | 1.69 | 1.26 | 1.43 | 1.76 | 1.57 | 1.69 | 1.54 | 1.38 | 1.75 | 1.55 | 1.33 | 0.81 | 0.81 | 0.75 | 0.75 | 6.18 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.09 | 0.12 | 0.15 | 0.14 | 0.16 | 0.21 | 0.22 | 0.24 |
| Total Non-current Liabilities* | 0.38 | 0.80 | 0.92 | 1.22 | 1.57 | 1.99 | 0.21 | 0.00 | 0.02 | 0.09 | 0.12 | 0.15 | 0.14 | 0.16 | 0.21 | 0.31 | 0.32 |
| Total Liabilities | 2.42 | 2.49 | 2.18 | 2.64 | 3.33 | 3.56 | 1.90 | 1.54 | 1.40 | 1.84 | 1.67 | 1.49 | 0.95 | 0.97 | 0.95 | 1.06 | 6.50 |
| Retained Earnings | (84.44) | (82.43) | (80.05) | (76.99) | (75.49) | (73.22) | (71.65) | (68.89) | (66.03) | (59.55) | (56.08) | (52.56) | (49.45) | (46.69) | (38.18) | (35.23) | (32.84) |
| Total Stockholder Equity* | 3.77 | 5.08 | 6.40 | 8.18 | 1.13 | 2.94 | 3.01 | 3.85 | 4.42 | 3.92 | 5.53 | 8.17 | 10.62 | 13.12 | 8.85 | 10.86 | 1.41 |
* 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 | Q1
2023 | Q4
2022 | Q3
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 1.97 | 1.86 | 2.89 | 2.74 | 1.70 | 1.39 | 3.27 | 0.27 | 0.83 | 1.38 | 0.98 | 0.74 | 0.63 | 0.47 | 0.11 | 0.07 | 0.03 | 0.04 | 0.05 | 0.04 |
| Cost of Revenue | 0.79 | 0.87 | 1.32 | 1.21 | 0.78 | 0.62 | 1.35 | 0.13 | 0.54 | 0.99 | 0.71 | 0.55 | 0.39 | 0.43 | 0.13 | 0.08 | 0.04 | 0.07 | 0.07 | 0.06 |
| Gross Profit | 1.18 | 0.99 | 1.57 | 1.53 | 0.91 | 0.77 | 1.93 | 0.14 | 0.28 | 0.39 | 0.27 | 0.19 | 0.24 | 0.03 | (0.01) | (0.02) | (0.01) | (0.04) | (0.02) | (0.02) |
| Research & Development | 1.43 | 1.47 | 1.39 | 1.12 | 1.18 | 1.51 | 1.17 | 1.11 | 1.19 | 1.27 | 1.48 | 1.78 | 1.89 | 1.71 | 1.56 | 1.44 | 1.23 | 1.21 | 1.01 | 0.90 |
| Selling, General & Admin | 1.69 | 1.50 | 1.45 | 1.78 | 1.62 | 1.94 | 2.04 | 1.84 | 1.88 | 2.00 | 2.17 | 1.58 | 1.86 | 1.82 | 1.66 | 1.89 | 1.53 | 1.82 | 1.62 | 2.13 |
| Total Operating Expenses | 3.61 | 3.39 | 3.28 | 2.90 | 2.80 | 3.45 | 3.22 | 2.96 | 3.08 | 3.28 | 3.66 | 3.36 | 3.75 | 3.53 | 3.23 | 3.33 | 2.76 | 3.02 | 2.63 | 3.03 |
| Operating Income | (2.42) | (2.40) | (1.71) | (1.37) | (1.89) | (2.68) | 1.71 | (2.82) | (2.79) | (2.89) | (3.39) | (3.16) | (3.51) | (3.50) | (1.78) | (1.40) | (2.76) | (3.06) | (2.64) | (3.03) |
| Pretax Income | (2.01) | (2.38) | (1.44) | (1.62) | (1.50) | (2.27) | 1.79 | (3.35) | (2.77) | (2.86) | (3.34) | (3.14) | (3.47) | (3.52) | (1.73) | -- | (2.76) | (3.06) | 11.06 | (2.95) |
| Net Income | (2.01) | (2.38) | -- | (1.62) | (1.50) | (2.27) | 1.79 | (3.35) | (2.77) | (2.86) | (3.34) | (3.14) | (3.47) | (3.52) | (1.73) | (1.37) | (2.76) | (3.06) | (2.64) | (2.95) |
| Basic EPS | (0.23) | (0.28) | (0.03) | (0.05) | (0.03) | (0.07) | 0.06 | (0.11) | (0.10) | (0.11) | (0.14) | (0.13) | (0.20) | (0.21) | (0.11) | (0.09) | (0.17) | (0.19) | -- | -- |
| Diluted EPS | (0.28) | (0.28) | (0.03) | (0.05) | (0.03) | (0.07) | 0.06 | (0.11) | (0.10) | (0.11) | (0.14) | (0.13) | (0.20) | (0.21) | (0.11) | (0.09) | (0.17) | -- | -- | -- |
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
2023 | Q4
2022 | Q3
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (1.08) | (1.33) | (3.12) | (1.53) | (1.46) | (0.06) | 0.21 | (2.67) | (2.36) | (2.18) | (3.81) | (2.90) | (2.94) | (3.55) | (3.49) | 1.02 | (8.54) | (2.68) | (2.03) | (2.29) |
| Capital Expenditures | 0.02 | 0.04 | 0.04 | 0.01 | 0.07 | -- | -- | 0.04 | 0.01 | 0.03 | 0.04 | 0.06 | 0.14 | 0.18 | 0.01 | 0.07 | 0.21 | 0.06 | -- | -- |
| Free Cash Flow* | (1.10) | (1.37) | (3.16) | (1.54) | (1.53) | -- | -- | (2.70) | (2.38) | (2.21) | (3.85) | (2.96) | (3.08) | (3.73) | (3.50) | 0.95 | (8.75) | (2.74) | -- | -- |
| Investing Cash Flow | (0.02) | (0.04) | (0.04) | (0.01) | (0.04) | -0.00 | (0.02) | (0.04) | (0.01) | (0.03) | (0.04) | (0.05) | 0.86 | 1.82 | 0.02 | (3.04) | (0.21) | (0.06) | (0.04) | (0.03) |
| Financing Cash Flow | 0.35 | 0.61 | 0.15 | 0.07 | 8.23 | 0.25 | (0.51) | 2.54 | 1.56 | 1.96 | 1.21 | 5.19 | 1.56 | 0.66 | (0.02) | 0.00 | 12.02 | 12.02 | (0.02) | 0.04 |
* Derived from reported values
