Financial Statements — NRXPW
Balance Sheet
(in millions USD)| Metric | Q2 2026 | Q1 2026 | 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 | 26.69 | 6.71 | 7.18 | 2.91 | 5.55 | 8.90 | 14.97 | 16.51 | 18.25 | 24.55 | 40.20 | 38.88 | 13.39 | -- |
| Accounts Receivable | 0.21 | 0.18 | 0.24 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.83 | -- |
| Total Current Assets | 29.16 | 7.36 | 11.95 | 4.59 | 7.26 | 13.09 | 19.79 | 21.76 | 24.80 | 32.41 | 43.58 | 45.23 | 18.53 | 0.06 |
| Property, Plant & Equipment | 0.92 | 0.26 | 0.07 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Goodwill | 1.79 | 1.79 | 0.61 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 0.83 | 0.88 | 1.78 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.00 |
| Total Non-current Assets* | 5.00 | 4.54 | 3.05 | 0.25 | 0.33 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 5.97 |
| Total Assets | 34.16 | 11.90 | 15.00 | 4.84 | 7.59 | 13.11 | 19.81 | 21.78 | 24.82 | 32.43 | 43.60 | 45.25 | 18.55 | 6.03 |
| Accounts Payable | 3.15 | 4.40 | 4.26 | 3.63 | 4.31 | 3.63 | 2.21 | 3.78 | 2.17 | 3.08 | 4.31 | 5.56 | 6.27 | 0.64 |
| Total Current Liabilities | 33.87 | 25.18 | 40.59 | 40.45 | 32.75 | 19.33 | 22.62 | 22.06 | -- | -- | -- | 36.77 | 57.80 | -- |
| Long-term Debt | -- | -- | -- | -- | -- | 10.07 | 12.69 | 12.19 | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.46 | 0.54 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | 0.00 | 0.51 | -- |
| Total Liabilities | 34.33 | 25.72 | 40.75 | 40.45 | 32.75 | 19.33 | 22.62 | 22.06 | 8.04 | 7.08 | 11.91 | 36.77 | 58.31 | 4.81 |
| Retained Earnings | (324.85) | (308.32) | (307.26) | (301.37) | (283.79) | (248.81) | (242.75) | (234.04) | (212.76) | (203.67) | (196.69) | (152.84) | (115.79) | (1.61) |
| Total Stockholder Equity* | (0.17) | (13.82) | (25.75) | (35.61) | (25.16) | (6.22) | (2.81) | (0.28) | 16.78 | 25.35 | 31.69 | 8.48 | (39.77) | 1.22 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2 2026 | Q1 2026 | Q4 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 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1.10 | 1.07 | -- | 0.00 | 0.24 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue* | 0.68 | 0.63 | -- | 0.00 | 0.10 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.43 | 0.44 | -- | 0.00 | 0.14 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 2.12 | 1.31 | -- | 1.04 | 1.43 | 0.99 | 1.75 | 2.53 | 3.31 | 3.87 | 3.65 | 4.46 | 4.13 | 2.96 | 5.48 | 6.41 | 6.28 | 4.66 | -- |
| Selling, General & Admin | 4.75 | 3.81 | -- | 2.60 | 2.41 | 2.74 | 4.25 | 1.87 | 2.49 | 4.07 | 5.79 | 5.43 | 5.01 | 6.64 | 10.22 | 46.56 | 13.82 | 12.46 | -- |
| Total Operating Expenses | 6.93 | 5.18 | -- | 2.43 | 4.17 | 3.73 | 6.00 | 4.41 | 5.81 | 8.19 | 9.44 | 9.89 | 9.14 | 9.60 | 15.71 | 78.34 | 20.10 | 17.12 | 0.24 |
| Operating Income | (6.50) | (4.74) | -- | (2.43) | (4.02) | (3.73) | (6.00) | (4.41) | (5.81) | (8.19) | (9.43) | (9.89) | (9.14) | (9.60) | (15.70) | (78.34) | (20.10) | (17.12) | (0.24) |
| Interest Expense | -- | -- | -- | -- | -- | -- | 0.23 | 0.08 | 0.04 | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | -- |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (55.00) | (37.05) | (0.12) | (0.89) |
| Tax Provision | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 |
| Net Income | (16.52) | (1.43) | 0.36 | (9.08) | (5.89) | (17.58) | (5.51) | (4.33) | (6.06) | (8.72) | (11.04) | (10.24) | (9.08) | (6.98) | (13.45) | (30.41) | (37.05) | (0.12) | -- |
| Basic EPS | (0.44) | (0.04) | -- | (0.72) | (0.27) | (0.98) | (0.74) | (0.05) | (0.07) | (0.12) | (0.16) | (0.14) | (0.14) | (0.11) | (0.21) | (0.54) | (0.72) | 0.00 | -- |
| Diluted EPS | -- | -- | -- | -- | -- | -- | (0.74) | -- | (0.07) | (0.12) | (0.16) | (0.15) | (0.14) | (0.11) | (0.20) | (0.54) | (0.72) | (0.41) | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2 2026 | Q1 2026 | 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 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (8.87) | (4.29) | (2.10) | (2.89) | (4.03) | (3.48) | (3.19) | (4.56) | (7.81) | (6.09) | (8.32) | (6.27) | (14.79) | (10.38) | (11.28) | (12.01) | (14.23) | (0.18) |
| Capital Expenditures | 0.90 | -- | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | -0.00 | 0.00 | -0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Free Cash Flow* | (9.77) | -- | (2.10) | (2.89) | (4.03) | (3.48) | (3.19) | (4.57) | (7.81) | (6.09) | (8.32) | (6.27) | (14.79) | (10.38) | (11.28) | (12.02) | (14.23) | -- |
| Investing Cash Flow | (0.68) | (0.21) | 0.00 | (2.56) | 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 |
| Financing Cash Flow | 29.53 | 3.42 | 1.90 | 9.73 | 1.39 | 7.59 | (1.12) | (1.50) | 6.27 | 2.55 | 10.12 | (0.03) | (0.86) | 22.98 | 0.00 | 37.52 | 25.76 | 0.18 |
* Derived from reported values