Financial Statements — NN
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 |
|---|
| Cash & Equivalents | 0.08 | 0.03 | 0.09 | 0.06 | 0.15 | 0.07 | 0.06 | 0.07 | 0.09 | 0.05 | 0.04 | 0.06 | 0.08 | 0.00 | -- |
| Short-term Investments | 0.15 | 0.11 | 0.08 | 0.12 | 0.04 | 0.02 | 0.02 | 0.01 | 0.01 | 0.03 | 0.00 | 0.01 | -- | -- | -- |
| Accounts Receivable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- |
| Total Current Assets | 0.30 | 0.15 | 0.17 | 0.18 | 0.19 | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.05 | 0.07 | 0.09 | 0.10 | -- |
| Goodwill | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | -- | -- | -- | -- |
| Intangible Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | -- |
| Total Non-current Assets* | 0.09 | 0.09 | 0.09 | 0.07 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.04 | 0.04 | 0.04 | -- |
| Total Assets | 0.39 | 0.24 | 0.26 | 0.26 | 0.27 | 0.17 | 0.17 | 0.17 | 0.17 | 0.16 | 0.12 | 0.11 | 0.12 | 0.14 | -- |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Total Current Liabilities | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -- |
| Long-term Debt | -- | 0.27 | 0.23 | 0.25 | 0.21 | 0.05 | 0.05 | 0.05 | 0.05 | 0.03 | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.04 | 0.31 | 0.27 | 0.29 | 0.25 | 0.09 | 0.09 | 0.08 | 0.08 | 0.06 | 0.02 | 0.01 | 0.01 | 0.03 | -- |
| Total Liabilities | 0.05 | 0.33 | 0.29 | 0.30 | 0.26 | 0.11 | 0.11 | 0.11 | 0.09 | 0.07 | 0.02 | 0.02 | 0.02 | 0.04 | 0.00 |
| Retained Earnings | (1.10) | (1.06) | (0.98) | (0.98) | (0.92) | (0.83) | (0.82) | (0.79) | (0.74) | (0.72) | (0.70) | (0.68) | (0.66) | (0.66) | -0.00 |
| Total Stockholder Equity | 0.33 | (0.09) | (0.02) | (0.05) | 0.01 | 0.07 | 0.06 | 0.06 | 0.08 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 | -0.00 |
* 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 | 1.15 | 1.00 | 0.95 | 0.89 | 1.20 | 1.54 | 1.91 | 1.61 | 1.11 | 1.05 | 1.21 | 1.03 | 0.80 | 0.83 | 0.80 | 0.50 | 1.42 | 1.20 | 0.02 | -- |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.64 | -- | -- |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.56 | -- | -- |
| Research & Development | 5.46 | 5.94 | 4.94 | 5.15 | 4.82 | 4.04 | 3.92 | 3.55 | 4.11 | 4.67 | 4.92 | 5.01 | 4.99 | 4.58 | 4.33 | 4.57 | 4.17 | 3.99 | 2.57 | -- |
| Selling, General & Admin | 6.84 | 6.46 | 5.26 | 5.84 | 5.70 | 10.52 | 8.94 | 8.02 | 8.11 | 8.45 | 11.60 | 6.15 | 6.52 | 6.05 | 7.05 | 10.15 | 10.38 | 9.34 | 4.17 | -- |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 21.13 | 15.65 | 15.83 | 14.78 | 15.34 | 18.44 | 18.44 | 17.25 | 14.18 | -- |
| Operating Income | (20.25) | (19.34) | (16.12) | (19.86) | (17.24) | (17.00) | (14.76) | (13.85) | (15.33) | (16.15) | (19.93) | (14.62) | (15.03) | (13.95) | (14.53) | (17.94) | (17.02) | (16.05) | (14.16) | -- |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.78 | -- | -- |
| Pretax Income | (33.69) | (10.56) | (67.91) | 0.53 | (63.15) | (58.52) | (32.23) | (13.58) | (24.32) | (31.57) | (16.33) | (23.20) | (15.62) | (16.36) | (12.57) | (18.71) | 0.82 | (9.68) | (46.19) | -- |
| Tax Provision | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.06 | 0.04 | 0.03 | 0.07 | 0.04 | 0.06 | 0.02 | 0.15 | (0.01) | (0.07) | 0.02 | (0.01) | 0.03 | 0.01 | -- |
| Net Income | (33.76) | (10.62) | (67.96) | 0.48 | (63.19) | (58.58) | (32.27) | (13.61) | (24.39) | (31.61) | (16.40) | (23.22) | (15.77) | (16.35) | (12.50) | (18.73) | 0.83 | (9.71) | (78.54) | (0.08) |
| Basic EPS | (0.24) | (0.08) | (0.49) | 0.00 | (0.48) | (0.45) | (0.24) | (0.11) | (0.21) | (0.28) | (0.15) | (0.21) | (0.15) | (0.15) | (0.12) | (0.18) | 0.01 | -- | -- | -- |
| Diluted EPS | (0.24) | (0.12) | (0.37) | (0.12) | (0.48) | (0.45) | (0.24) | (0.11) | (0.21) | (0.28) | (0.15) | (0.21) | (0.15) | (0.15) | (0.13) | -- | 0.01 | -- | -- | -- |
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 |
|---|
| Operating Cash Flow | (17.98) | (10.04) | (16.08) | (8.96) | (13.52) | (12.18) | (11.95) | (6.78) | (12.29) | (6.98) | (10.83) | (8.69) | (8.49) | (7.43) | (11.91) | (8.41) | (16.77) | (0.01) |
| Capital Expenditures | 0.01 | 0.01 | (0.01) | 0.01 | 0.03 | 0.03 | 0.17 | 0.00 | 0.15 | 0.03 | 0.21 | 0.21 | 1.48 | 0.86 | 1.24 | 1.09 | 0.63 | 0.00 |
| Free Cash Flow* | (17.98) | (10.05) | (16.06) | (8.97) | (13.55) | (12.21) | (12.12) | (6.78) | (12.44) | (7.02) | (11.04) | (8.90) | (9.97) | (8.28) | (13.15) | (9.50) | (17.40) | (0.01) |
| Investing Cash Flow | (37.92) | (4.16) | (29.58) | 40.53 | (78.50) | 3.01 | (21.80) | 4.66 | (20.21) | (2.11) | 2.57 | 25.17 | (30.67) | 4.02 | (4.44) | (10.51) | (0.78) | -0.00 |
| Financing Cash Flow | 103.04 | 0.23 | 0.41 | (0.35) | 0.26 | 120.17 | 5.37 | 7.07 | 22.16 | 0.52 | (0.02) | 20.86 | 48.15 | -0.00 | -0.00 | -0.00 | 0.05 | 0.00 |
* Derived from reported values
