Financial Statements — NNOX
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 |
|---|
| Cash & Equivalents | 49.15 | 39.30 | 56.38 | 38.46 | 66.65 | 213.47 |
| Short-term Investments | -- | 18.40 | 26.01 | 39.16 | 22.07 | -- |
| Inventory | 3.07 | 1.49 | 2.36 | 0.12 | -- | -- |
| Total Current Assets | 66.79 | 78.68 | 88.64 | 82.46 | 94.86 | 219.79 |
| Property, Plant & Equipment | 29.68 | 45.36 | 42.34 | 43.55 | 37.44 | 14.02 |
| Goodwill | 0.32 | -- | -- | 7.42 | 58.30 | -- |
| Intangible Assets | 59.87 | 70.00 | 80.61 | 91.22 | 101.83 | -- |
| Total Non-current Assets | 95.37 | 131.32 | 130.01 | 171.47 | 268.31 | 16.36 |
| Total Assets | 162.17 | 210.00 | 218.65 | 253.93 | 363.17 | 236.15 |
| Accounts Payable | 2.89 | 2.21 | 3.30 | 3.62 | 3.13 | 0.44 |
| Short-term Debt | 3.14 | -- | -- | -- | 0.14 | -- |
| Total Current Liabilities | 16.89 | 13.97 | 15.52 | 25.07 | 52.75 | 4.48 |
| Long-term Debt | -- | -- | 3.48 | -- | 3.80 | -- |
| Total Non-current Liabilities | 5.55 | 6.91 | 7.61 | 12.18 | 18.27 | 0.92 |
| Total Liabilities | 22.43 | 20.88 | 23.13 | 37.25 | 71.02 | 5.40 |
| Retained Earnings | (448.77) | (373.75) | (320.23) | (259.46) | (146.21) | (84.42) |
| Total Stockholder Equity | 139.73 | 189.12 | 195.51 | 216.68 | 292.15 | 230.75 |
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 |
|---|
| Total Revenue | 13.02 | 11.28 | 9.90 | 8.58 | 1.30 | -- |
| Cost of Revenue | 25.81 | 21.89 | 16.50 | 15.46 | 2.82 | -- |
| Gross Profit | (12.79) | (10.61) | (6.59) | (6.88) | (1.51) | -- |
| Research & Development | 19.24 | 20.18 | 26.05 | 26.51 | 17.12 | 9.21 |
| Selling, General & Admin | 21.59 | 22.46 | 24.27 | 41.25 | 34.71 | 22.27 |
| Total Operating Expenses | 65.45 | 46.14 | 56.00 | 110.83 | 60.05 | 43.92 |
| Operating Income | (78.23) | (56.75) | (62.59) | (117.71) | (61.56) | (43.92) |
| Pretax Income | (76.81) | (53.87) | (61.11) | (116.92) | (61.85) | -- |
| Tax Provision | (1.79) | (0.36) | (0.34) | (3.68) | (0.05) | -- |
| Net Income | (75.02) | (53.52) | (60.78) | (113.24) | (61.80) | (43.81) |
| Basic EPS | (1.16) | (0.91) | (1.08) | (2.17) | (1.28) | -- |
| Diluted EPS | (1.16) | (0.91) | (1.08) | (2.17) | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 |
|---|
| Operating Cash Flow | (40.79) | (36.60) | (44.78) | (43.38) | (38.07) | (21.49) |
| Capital Expenditures | 4.21 | 2.77 | 3.30 | 7.17 | 23.16 | 13.94 |
| Free Cash Flow* | (45.00) | (39.36) | (48.08) | (50.56) | (61.23) | (35.42) |
| Investing Cash Flow | 29.37 | (20.05) | 35.43 | 14.61 | (116.32) | (13.94) |
| Financing Cash Flow | 21.37 | 39.50 | 27.25 | 0.80 | 7.38 | 240.99 |
* Derived from reported values
