Financial Statements — NXTT
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 | 159.04 | 159.72 | 12.36 | 0.67 | 0.67 | 0.67 | 0.67 | 0.67 | 1.42 | 20.00 | 20.13 | 20.26 | 7.15 | 7.57 | 1.40 | 3.21 | 2.67 |
| Accounts Receivable | 0.13 | 0.37 | 0.07 | 0.54 | 1.44 | -- | -- | -- | 0.13 | -- | 6.63 | 4.47 | 1.10 | 0.99 | 6.68 | 4.15 | 2.88 |
| Total Current Assets | 512.36 | 551.22 | 679.54 | 633.28 | 483.83 | 66.04 | 64.66 | 73.08 | 41.41 | 30.74 | 31.32 | 44.69 | 15.64 | 16.46 | 14.77 | 12.90 | 11.43 |
| Property, Plant & Equipment | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.74 | 0.84 | 1.14 | 1.00 | 1.11 | 0.14 | 0.17 | -- |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 |
| Total Non-current Assets* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.40 | 13.40 | 0.00 | 0.00 | 11.68 | 11.89 | 1.41 | 3.22 | 3.61 | 2.89 | 2.82 | 2.93 |
| Total Assets | 512.36 | 551.22 | 679.54 | 633.28 | 483.83 | 79.43 | 78.05 | 73.08 | 41.41 | 42.42 | 43.20 | 46.09 | 18.86 | 20.06 | 17.65 | 15.73 | 14.37 |
| Accounts Payable | 0.76 | 0.75 | -- | -- | 0.73 | -- | 0.92 | 0.92 | 0.12 | 0.13 | 0.14 | 2.08 | 0.04 | 0.04 | 0.23 | 0.18 | 0.67 |
| Short-term Debt | 0.58 | 0.58 | -- | -- | -- | -- | -- | -- | 1.42 | 20.00 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.92 | 3.05 | 5.95 | 2.50 | 3.14 | 2.69 | 3.05 | 4.68 | 2.12 | 3.54 | 3.68 | 4.04 | 3.42 | 3.17 | 2.64 | 2.03 | 2.57 |
| Total Non-current Liabilities* | 24.09 | 37.32 | 98.48 | 91.18 | 59.66 | 2.67 | 2.30 | 4.14 | 0.00 | 0.00 | 0.00 | 0.00 | 1.50 | 1.77 | 2.09 | 2.19 | 2.31 |
| Total Liabilities | 27.01 | 40.37 | 104.43 | 93.67 | 62.80 | 5.36 | 5.35 | 8.82 | 2.12 | 3.54 | 3.68 | 4.04 | 4.92 | 4.94 | 4.73 | 4.22 | 4.87 |
| Retained Earnings | 16.77 | 46.48 | 304.22 | 321.92 | 203.35 | 2.36 | 0.98 | 7.91 | (17.06) | (3.92) | (3.94) | -- | 7.55 | 7.99 | 6.16 | 4.75 | 2.91 |
| Total Stockholder Equity* | 485.35 | 510.85 | 575.11 | 539.60 | 421.03 | 74.08 | 72.70 | 64.26 | 39.29 | 38.88 | 39.52 | 42.05 | 13.94 | 15.12 | 12.93 | 11.51 | 9.49 |
* 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 | 0.84 | 0.47 | 9.83 | 1.79 | -- | -- | -- | -- | -- | -- | 1.00 | 1.63 | (0.01) | 0.61 | 2.47 | 5.35 | 1.61 | 2.24 | 3.12 | 4.60 |
| Cost of Revenue | 0.49 | 0.39 | 8.88 | 0.98 | -- | -- | -- | -- | -- | -- | (0.21) | 0.40 | 0.09 | 0.91 | 2.02 | 6.79 | 0.09 | 0.79 | 0.24 | 2.11 |
| Gross Profit | 0.35 | 0.08 | 0.95 | 0.81 | -- | -- | -- | -- | -- | -- | 0.59 | 1.24 | (0.09) | (0.30) | 0.45 | (1.44) | 1.52 | 1.45 | 2.88 | 2.49 |
| Research & Development | 0.92 | 2.12 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 3.87 | 4.25 | 65.53 | 0.49 | 0.26 | 0.45 | (0.16) | 0.57 | 0.34 | 0.33 | (0.37) | 1.53 | 0.82 | 0.69 | 1.42 | 7.63 | 1.98 | 0.81 | 1.01 | 1.04 |
| Total Operating Expenses* | 5.16 | 6.71 | 36.12 | 45.13 | 0.26 | 0.45 | (0.16) | 0.57 | 0.34 | 0.33 | (13.58) | 4.59 | 0.82 | 0.81 | 5.39 | 7.63 | (1.98) | 0.81 | 3.09 | (1.04) |
| Operating Income | (4.81) | (6.64) | (35.17) | (44.33) | (0.26) | (0.45) | 1.23 | (0.57) | (0.34) | (0.33) | 14.17 | (3.35) | (0.92) | (0.99) | (0.97) | (9.07) | (0.47) | 0.64 | 1.87 | 1.45 |
| Pretax Income | (42.94) | (133.15) | (185.82) | (9.59) | 150.09 | 244.86 | 13.12 | 1.74 | (8.77) | 23.69 | 18.37 | (14.29) | 0.06 | (0.98) | (0.65) | (8.84) | (0.44) | 0.69 | -- | -- |
| Tax Provision | (13.23) | (27.29) | (33.86) | 7.30 | 31.52 | 51.42 | 5.57 | 0.36 | (1.84) | 4.14 | 0.10 | -0.00 | 0.03 | 0.00 | (0.40) | 0.18 | 0.00 | 0.13 | 0.64 | 0.10 |
| Net Income | (29.71) | (105.85) | (151.96) | (16.89) | 118.57 | -- | -- | -- | (6.93) | 19.55 | 6.57 | (14.29) | 0.03 | (2.23) | (0.61) | (8.66) | (0.44) | 0.56 | 1.27 | 1.41 |
| Basic EPS | (0.20) | (11.86) | -- | (6.86) | 0.27 | 1.98 | -- | -- | (0.99) | 7.45 | -- | (0.29) | 0.00 | (0.01) | 0.00 | (0.04) | 0.00 | 0.00 | -- | -- |
| Diluted EPS | (0.20) | (11.86) | -- | (6.86) | 0.27 | 1.98 | -- | -- | (0.99) | 7.45 | -- | (0.29) | 0.00 | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (0.67) | (1.40) | (6.73) | 3.66 | (0.82) | (0.08) | 0.00 | -0.00 | 11.01 | 3.64 | 5.79 | (0.55) | 0.84 | (24.94) | (0.93) | 7.42 | (0.94) | (1.85) | 1.01 | (1.97) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | 24.99 | (0.08) | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | (21.35) | 5.87 | (0.55) | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | -- | -- | -- | -- | -- | -- | -- | -- | (7.63) | (19.38) | (6.24) | 0.64 | 1.31 | (0.17) | 0.08 | (0.72) | (0.28) | 0.03 | (0.17) | -- |
| Financing Cash Flow | 0.00 | 155.49 | 0.00 | 8.03 | -- | 0.08 | -0.00 | 0.00 | (4.44) | 16.52 | 0.99 | (0.01) | (1.33) | 38.21 | 0.58 | 0.26 | 0.08 | 0.00 | 0.00 | 0.00 |
* Derived from reported values