Financial Statements — NUWE
Balance Sheet
(in millions 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 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 3.92 | 2.08 | 3.09 | 4.45 | 2.56 | 1.91 | 1.02 | 1.40 | 4.93 | 8.90 | 11.52 | 12.05 | 15.35 | 19.30 | 28.43 | 23.98 | 27.89 |
| Accounts Receivable | 1.55 | 1.56 | 1.14 | 1.19 | 1.54 | 1.29 | 1.29 | 1.23 | 1.43 | 1.18 | 1.30 | 1.10 | 1.31 | 0.95 | 1.07 | 1.18 | 0.92 |
| Inventory | 1.74 | 1.78 | 2.19 | 2.03 | 1.75 | 1.86 | 1.97 | 2.13 | 2.34 | 2.73 | 2.74 | 2.92 | 3.01 | 3.29 | 2.81 | 2.66 | 2.96 |
| Total Current Assets | 7.90 | 5.83 | 7.20 | 8.42 | 6.12 | 5.49 | 4.83 | 5.20 | 9.64 | 13.75 | 16.61 | 16.44 | 19.92 | 23.90 | 32.73 | 28.22 | 32.14 |
| Property, Plant & Equipment | 0.35 | 0.37 | 0.41 | 0.36 | 0.41 | 0.55 | 0.63 | 0.68 | 0.91 | 0.88 | 0.91 | 1.03 | 1.06 | 1.15 | 1.26 | 1.26 | 1.22 |
| Intangible Assets | 0.10 | 0.11 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 1.23 | 1.13 | 0.78 | 0.78 | 0.88 | 1.23 | 1.36 | 1.47 | 1.79 | 1.81 | 1.87 | 2.00 | 2.08 | 2.21 | 1.37 | 1.42 | 1.43 |
| Total Assets | 9.13 | 6.96 | 7.98 | 9.20 | 7.01 | 6.73 | 6.19 | 6.66 | 11.43 | 15.55 | 18.48 | 18.44 | 22.00 | 26.11 | 34.10 | 29.64 | 33.56 |
| Accounts Payable | 2.90 | 2.43 | 2.67 | 3.01 | 1.73 | 1.82 | 3.03 | 3.33 | 1.71 | 2.31 | 2.52 | 1.56 | 1.55 | 1.80 | 1.85 | 1.79 | 1.61 |
| Total Current Liabilities | 4.01 | 3.73 | 3.52 | 3.89 | 2.75 | 2.70 | 4.02 | 4.32 | 2.99 | 3.83 | 4.11 | 3.61 | 3.46 | 3.39 | 3.80 | 3.60 | 3.16 |
| Total Non-current Liabilities* | 7.16 | 0.56 | 0.55 | 14.26 | 0.68 | 0.85 | 9.01 | 1.45 | 0.60 | 0.65 | 0.71 | 0.81 | 0.88 | 1.00 | 0.32 | 0.04 | 0.05 |
| Total Liabilities | 11.17 | 4.29 | 4.07 | 18.16 | 3.42 | 3.55 | 13.02 | 5.78 | 3.59 | 4.48 | 4.82 | 4.42 | 4.33 | 4.39 | 4.11 | 3.64 | 3.21 |
| Retained Earnings | (325.68) | (320.85) | (313.89) | (314.36) | (301.80) | (297.32) | (299.68) | (291.96) | (282.12) | (278.75) | (273.90) | (265.54) | (261.67) | (257.39) | (248.56) | (243.29) | (238.56) |
| Total Stockholder Equity | (2.06) | 2.66 | 3.91 | (8.96) | 3.58 | 3.18 | (6.84) | 0.89 | 7.84 | 11.07 | 13.66 | 14.02 | 17.66 | 21.71 | 29.98 | 26.00 | 30.35 |
* 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 | 1.97 | 2.40 | 2.42 | 2.22 | 1.73 | 1.90 | 2.32 | 2.37 | 2.19 | 1.86 | 2.55 | 2.41 | 2.08 | 1.83 | 2.34 | 2.07 | 2.21 | 1.93 | 1.64 | 1.85 |
| Cost of Revenue | 0.47 | 0.72 | 0.77 | 0.77 | 0.77 | 0.84 | 0.97 | 0.71 | 0.72 | 0.67 | 1.16 | 1.03 | 0.93 | 0.76 | 1.01 | 0.81 | 1.15 | 0.82 | 0.75 | 0.73 |
| Gross Profit | 1.50 | 1.68 | 1.65 | 1.45 | 0.96 | 1.07 | 1.36 | 1.66 | 1.47 | 1.19 | 1.39 | 1.38 | 1.15 | 1.07 | 1.33 | 1.26 | 1.06 | 1.10 | 0.89 | 1.12 |
| Research & Development | 0.94 | 1.73 | 0.88 | 0.60 | 0.68 | 0.55 | 0.83 | 0.49 | 0.56 | 1.33 | 1.37 | 1.12 | 1.51 | 1.43 | 1.20 | 0.93 | 1.11 | 1.11 | 1.13 | 1.73 |
| Selling, General & Admin | 3.73 | 4.52 | 3.21 | 3.54 | 3.19 | 3.58 | 2.91 | 2.70 | 3.24 | 4.61 | 3.61 | 3.43 | 4.66 | 5.49 | 4.66 | 4.25 | 4.26 | 4.41 | 4.09 | 4.64 |
| Total Operating Expenses | 4.67 | 6.25 | 4.10 | 4.14 | 3.86 | 4.13 | 3.74 | 3.19 | 3.79 | 5.94 | 4.98 | 4.55 | 6.17 | 6.92 | 5.87 | 5.18 | 5.36 | 5.52 | 5.23 | 6.37 |
| Operating Income | (3.17) | (4.57) | (2.44) | (2.70) | (2.91) | (3.06) | (2.39) | (1.53) | (2.32) | (4.75) | (3.59) | (3.16) | (5.02) | (5.85) | (4.53) | (3.92) | (4.30) | (4.42) | (4.33) | (5.25) |
| Pretax Income | (4.83) | (4.54) | (2.42) | 0.47 | (12.55) | (3.01) | (1.47) | 2.36 | (7.72) | (4.33) | (5.51) | (3.37) | (4.84) | (6.48) | (1.89) | (3.87) | (4.28) | (4.47) | (4.35) | (5.27) |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (4.83) | (4.54) | (2.42) | 0.47 | (12.55) | (3.01) | (1.47) | 2.36 | (7.72) | (4.33) | (5.51) | (3.37) | (4.84) | (6.48) | (1.90) | (3.87) | (4.29) | (4.47) | (4.35) | (5.27) |
| Basic EPS | (26.64) | (2.19) | 35.73 | 0.56 | (60.99) | (0.69) | 9.30 | 1.74 | (18.85) | (0.60) | (0.30) | (1.81) | (3.65) | (5.76) | (82.35) | (0.37) | (0.41) | (0.42) | (0.15) | (0.75) |
| Diluted EPS | (26.64) | (2.19) | 35.73 | 0.56 | (60.99) | (0.69) | 9.30 | 1.74 | (18.85) | (0.60) | (0.30) | (1.81) | (3.65) | (5.76) | (82.35) | (0.37) | (0.41) | (0.42) | (0.15) | (0.75) |
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 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (3.17) | (3.11) | (3.03) | (3.15) | (2.10) | (2.54) | (1.50) | (2.47) | (2.75) | (2.86) | (2.75) | (3.82) | (5.25) | (6.11) | (3.13) | (3.26) | (3.94) | (4.83) | (4.19) | (4.49) |
| Capital Expenditures | 0.01 | 0.03 | (0.01) | 0.10 | 0.00 | 0.00 | 0.02 | (0.02) | 0.02 | 0.03 | (0.04) | 0.12 | 0.05 | 0.01 | 0.02 | 0.02 | 0.01 | 0.07 | 0.03 | 0.05 |
| Free Cash Flow* | (3.18) | (3.14) | (3.02) | (3.24) | (2.10) | (2.54) | (1.53) | (2.45) | (2.78) | (2.89) | (2.72) | (3.95) | (5.30) | (6.12) | (3.15) | (3.28) | (3.95) | (4.90) | (4.22) | (4.54) |
| Investing Cash Flow | (0.01) | (0.28) | 0.01 | (0.10) | -0.00 | 0.00 | (0.02) | 0.02 | (0.02) | (0.03) | 0.04 | (0.12) | 0.51 | (0.10) | 14.83 | (0.02) | (0.01) | (0.07) | (0.03) | (0.05) |
| Financing Cash Flow | 5.02 | 4.39 | 1.05 | 1.89 | 4.00 | 0.00 | 4.72 | 3.34 | 2.40 | 0.50 | 1.60 | (0.02) | 2.12 | (0.01) | 9.45 | (0.01) | (0.01) | (0.01) | -0.00 | 8.99 |
* Derived from reported values
