Financial Statements — NXDR
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 | 63.55 | 56.15 | 56.09 | 62.05 | 57.34 | 49.70 | 52.96 | 69.67 | 48.44 | 74.27 | 67.82 | 90.73 | 40.19 | 207.97 | 0.57 | 0.98 | 1.69 |
| Accounts Receivable | 37.97 | 32.67 | 33.08 | 27.05 | 21.56 | 29.51 | 28.11 | 26.06 | 29.99 | 28.38 | 28.05 | 26.96 | 26.16 | 22.05 | -- | -- | -- |
| Total Current Assets | 425.69 | 415.92 | 448.37 | 448.22 | 451.80 | 468.99 | 493.18 | 540.23 | 580.77 | 592.06 | 614.07 | 641.69 | 719.68 | 745.68 | 1.23 | 1.63 | 2.32 |
| Property, Plant & Equipment | 1.28 | 1.45 | 1.89 | 2.21 | 2.29 | 3.20 | 3.58 | 7.16 | 9.05 | 9.95 | 10.90 | 12.62 | 12.04 | 12.89 | -- | -- | -- |
| Goodwill | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | -- | -- | -- |
| Intangible Assets | -- | -- | 0.10 | 0.15 | 0.21 | 0.31 | 0.52 | 0.86 | 1.75 | 2.19 | 2.63 | 3.51 | 3.94 | 4.39 | -- | -- | -- |
| Total Non-current Assets* | 36.18 | 36.60 | 40.58 | 42.13 | 43.17 | 48.68 | 48.89 | 92.86 | 89.33 | 91.97 | 80.72 | 72.24 | 73.48 | 76.52 | 416.67 | 416.83 | 417.00 |
| Total Assets | 461.86 | 452.52 | 488.95 | 490.36 | 494.96 | 517.66 | 542.07 | 633.08 | 670.10 | 684.04 | 694.79 | 713.93 | 793.16 | 822.20 | 417.89 | 418.46 | 419.32 |
| Accounts Payable | 2.27 | 0.68 | 4.34 | 4.22 | 1.03 | 0.24 | 2.80 | 2.12 | 3.31 | 5.96 | 5.07 | 6.40 | 5.27 | 3.55 | 0.11 | 0.06 | 0.50 |
| Total Current Liabilities | 32.09 | 29.69 | 33.42 | 32.82 | 28.62 | 26.76 | 32.72 | 32.70 | 34.64 | 37.08 | 33.25 | 34.63 | 33.87 | 34.81 | 1.85 | 0.17 | 0.72 |
| Total Non-current Liabilities* | 19.15 | 21.35 | 25.85 | 28.00 | 30.28 | 34.86 | 37.04 | 58.94 | 62.28 | 63.88 | 65.11 | 55.84 | 57.84 | 59.73 | 24.87 | 31.12 | 14.57 |
| Total Liabilities | 51.24 | 51.04 | 59.26 | 60.82 | 58.89 | 61.62 | 69.76 | 91.64 | 96.92 | 100.96 | 98.36 | 90.48 | 91.71 | 94.53 | 26.72 | 31.29 | 15.29 |
| Retained Earnings | (931.83) | (929.70) | (914.25) | (901.40) | (886.03) | (851.96) | (837.06) | (794.28) | (725.49) | (687.37) | (651.97) | (584.85) | (550.13) | (513.29) | (25.18) | (29.18) | (0.09) |
| Total Stockholder Equity | 410.63 | 401.48 | 429.69 | 429.53 | 436.07 | 456.05 | 472.31 | 541.44 | 573.18 | 583.08 | 596.42 | 623.45 | 701.46 | 727.67 | (25.18) | (29.18) | 5.00 |
* 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 | 74.55 | 61.67 | 69.48 | 68.90 | 65.09 | 54.18 | 65.23 | 65.61 | 63.29 | 53.15 | 55.56 | 56.09 | 56.89 | 49.77 | 53.27 | 53.95 | 54.54 | 51.00 | 59.33 | -- |
| Cost of Revenue | 11.48 | 11.05 | 10.46 | 10.44 | 10.64 | 9.45 | 10.46 | 11.13 | 10.28 | 9.98 | 10.54 | 10.72 | 10.44 | 9.91 | 9.86 | 9.88 | 10.19 | 9.06 | 8.51 | -- |
| Gross Profit* | 63.08 | 50.62 | 59.02 | 58.46 | 99.18 | 44.73 | 54.77 | 54.48 | 53.01 | 43.17 | 45.02 | 45.37 | 46.45 | 39.86 | 43.41 | 44.07 | 44.35 | 41.95 | 50.82 | -- |
| Research & Development | 32.99 | 32.02 | 31.42 | 35.67 | 34.62 | 33.49 | 33.62 | 31.90 | 31.10 | 31.32 | 40.25 | 39.65 | 37.12 | 32.98 | 32.02 | 33.40 | 32.70 | 28.96 | 27.48 | -- |
| Selling, General & Admin | 14.71 | 14.29 | 14.21 | 16.25 | 15.77 | 16.14 | 17.73 | 17.20 | 40.49 | 16.73 | 20.66 | 19.53 | 19.39 | 16.48 | 17.23 | 18.07 | 17.28 | 15.15 | 52.18 | 2.20 |
| Total Operating Expenses* | 68.75 | 65.95 | 66.44 | 75.69 | 146.47 | 71.74 | 71.86 | 75.26 | 102.03 | 77.92 | 92.67 | 89.75 | 87.89 | 78.67 | 79.74 | 80.46 | 82.61 | 75.17 | 142.97 | -- |
| Operating Income | (5.67) | (15.33) | (7.42) | (17.23) | (20.28) | (27.01) | (17.10) | (20.78) | (49.02) | (34.75) | (47.65) | (44.38) | (41.44) | (38.81) | (36.33) | (36.39) | (38.26) | (33.23) | (92.15) | (2.25) |
| Pretax Income | (1.83) | (11.28) | (2.95) | (12.73) | (15.09) | (21.81) | (12.10) | (14.73) | (42.46) | (28.06) | (40.49) | (37.83) | (35.28) | (33.41) | (32.11) | (34.40) | (36.81) | (32.92) | (82.24) | 4.01 |
| Tax Provision | 0.29 | 0.14 | 1.09 | 0.13 | 0.27 | 0.14 | 0.02 | 0.17 | 0.32 | 0.20 | 0.04 | 0.29 | 0.12 | 0.30 | 1.29 | 0.32 | 0.03 | 0.03 | 0.06 | -- |
| Net Income | (2.12) | (11.42) | (4.03) | (12.86) | (15.36) | (21.95) | (12.12) | (14.90) | (42.78) | (28.26) | (40.53) | (38.12) | (35.40) | (33.72) | (33.41) | (34.72) | (36.84) | (32.95) | (82.39) | 4.01 |
| Basic EPS | (0.01) | (0.03) | (0.01) | (0.03) | (0.04) | (0.06) | (0.03) | (0.04) | (0.11) | (0.07) | (0.11) | (0.10) | (0.09) | (0.09) | (0.08) | (0.09) | (0.10) | (0.09) | 0.00 | -- |
| Diluted EPS | (0.01) | (0.03) | (0.01) | (0.03) | (0.04) | (0.06) | (0.03) | (0.04) | (0.11) | (0.07) | (0.11) | (0.10) | (0.09) | (0.09) | (0.08) | (0.09) | (0.10) | (0.09) | 0.00 | -- |
* Derived from reported values
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 | 8.35 | 1.25 | 9.47 | (6.31) | 2.95 | 0.37 | 11.76 | (12.97) | (5.36) | (13.63) | (14.94) | (18.29) | (12.33) | (13.71) | (19.71) | (12.68) | (22.61) | (5.51) | (49.49) | (0.40) |
| Capital Expenditures | 0.17 | 0.07 | 0.08 | 0.17 | 0.31 | 0.03 | 0.09 | 0.19 | 0.10 | 0.02 | -0.00 | 0.13 | 0.08 | 0.06 | 0.98 | 0.88 | 0.67 | 0.64 | -- | -- |
| Free Cash Flow* | 8.18 | 1.18 | 9.39 | (6.48) | 2.64 | 0.34 | 11.67 | (13.16) | (5.46) | (13.65) | (14.94) | (18.42) | (12.41) | (13.77) | (20.68) | (13.55) | (23.27) | (6.15) | -- | -- |
| Investing Cash Flow | 2.85 | 22.71 | 6.60 | 4.32 | 10.10 | 21.55 | (6.98) | 32.01 | 25.51 | 35.89 | 26.30 | (12.44) | 27.96 | 24.67 | (17.04) | 110.19 | (124.06) | (311.54) | 266.82 | -0.00 |
| Financing Cash Flow | (3.20) | (31.93) | (8.83) | (3.93) | (8.39) | (12.84) | (8.96) | (22.33) | (36.85) | (12.89) | 0.46 | 4.82 | 2.03 | 1.61 | 1.31 | (47.26) | (21.53) | 3.14 | 218.88 | -0.00 |
* Derived from reported values