Financial Statements — NVCT
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 |
|---|
| Cash & Equivalents | 22.16 | 25.13 | 35.44 | 26.79 | 29.86 | 17.17 | 18.12 | 19.46 | 22.06 | 24.60 | 15.47 | 23.64 | 13.57 | 16.69 |
| Total Current Assets | 22.38 | 25.40 | 35.59 | 27.01 | 30.15 | 17.31 | 18.30 | 19.71 | 22.26 | 24.94 | 16.21 | 24.87 | 14.24 | 17.62 |
| Total Non-current Assets* | 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 Assets | 22.38 | 25.40 | 35.59 | 27.01 | 30.15 | 17.31 | 18.30 | 19.71 | 22.26 | 24.94 | 16.21 | 24.87 | 14.24 | 17.62 |
| Accounts Payable | 5.18 | 4.70 | 6.44 | 4.98 | 2.99 | 2.26 | 1.85 | 1.76 | 3.49 | 1.80 | 2.10 | 2.25 | 1.43 | 1.35 |
| Total Current Liabilities | 13.29 | 11.18 | 11.58 | 10.14 | 9.19 | 6.32 | 5.77 | 5.69 | 5.58 | 4.61 | 3.93 | 4.49 | 2.74 | 3.06 |
| Total Non-current Liabilities* | 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 Liabilities | 13.29 | 11.18 | 11.58 | 10.14 | 9.19 | 6.32 | 5.77 | 5.69 | 5.58 | 4.61 | 3.93 | 4.49 | 2.74 | 3.06 |
| Retained Earnings | (112.76) | (105.74) | (92.37) | (84.91) | (78.58) | (67.00) | (62.84) | (58.42) | (47.62) | (41.74) | (36.03) | (25.29) | (19.41) | (15.84) |
| Total Stockholder Equity | 9.08 | 14.22 | 24.01 | 16.87 | 20.95 | 10.99 | 12.53 | 14.02 | 16.69 | 20.33 | 12.27 | 20.37 | 11.50 | 14.56 |
* 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 |
|---|
| Research & Development | 4.68 | 4.11 | 5.09 | 5.77 | 3.61 | 3.68 | 4.50 | 2.82 | 2.94 | 2.66 | 4.26 | 4.49 | 4.26 | 2.37 | 4.40 | 4.52 | 2.51 | 1.81 |
| Selling, General & Admin | 2.51 | 2.15 | 2.53 | 2.02 | 2.98 | 1.89 | 1.95 | 1.54 | 1.70 | 1.74 | 2.60 | 1.67 | 1.51 | 1.73 | 2.38 | 1.42 | 1.07 | 1.14 |
| Operating Income | (7.20) | (6.26) | (7.62) | (7.79) | (6.59) | (5.57) | (6.45) | (4.36) | (4.64) | (4.40) | (6.87) | (6.16) | (5.77) | (4.10) | (6.78) | (5.94) | (3.57) | (2.94) |
| Net Income | (7.02) | (6.05) | (7.31) | (7.46) | (6.33) | (5.33) | (6.25) | (4.15) | (4.43) | (4.17) | (6.62) | (5.88) | (5.71) | (4.05) | (6.70) | (5.88) | (3.57) | (2.94) |
| Basic EPS | (0.30) | (0.26) | (0.31) | (0.44) | (0.30) | (0.27) | (0.36) | (0.24) | (0.26) | (0.25) | (0.41) | (0.37) | (0.38) | (0.27) | (1.13) | (0.42) | (0.28) | 0.32 |
| Diluted EPS | (0.30) | (0.26) | (0.31) | (0.44) | (0.30) | (0.27) | (0.36) | (0.24) | (0.26) | (0.25) | (0.41) | (0.37) | (0.38) | (0.27) | (1.14) | (0.42) | (0.27) | 0.32 |
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 | (4.53) | (6.51) | (3.97) | (4.49) | (3.37) | (4.17) | (2.46) | (2.40) | (3.02) | (4.36) | (3.85) | (3.24) | (4.08) | (4.78) | (3.52) | (4.42) | (2.54) | (3.08) |
| Investing Cash Flow | -- | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Financing Cash Flow | 1.56 | 0.01 | 0.17 | 13.14 | 0.30 | 15.51 | 3.83 | 1.46 | 1.67 | 4.70 | 0.92 | 0.70 | 13.22 | 0.25 | (0.13) | 14.49 | (0.58) | 14.03 |
