Financial Statements — OBIO
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 | 20.47 | 28.37 | 42.01 | 18.75 | 18.35 | 25.61 | 23.71 | 23.32 | 19.08 | 16.41 | 18.70 | 0.74 | 1.31 | 1.42 | 1.78 | 1.91 | 1.95 |
| Short-term Investments | 89.49 | 66.03 | 53.81 | 15.18 | 31.54 | 41.32 | 41.47 | 51.69 | 89.41 | 101.30 | 108.44 | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.05 | 0.08 | 0.05 | 0.08 | 0.09 | 0.12 | 0.08 | 0.07 | 0.09 | 0.17 | 0.08 | -- | -- | -- | -- | -- | -- |
| Inventory | 0.25 | 0.28 | 0.37 | 0.19 | 0.14 | 0.23 | 0.07 | 0.12 | 0.14 | 0.18 | 0.23 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 111.24 | 96.21 | 97.77 | 35.88 | 51.90 | 68.55 | 66.48 | 76.43 | 110.19 | 119.59 | 129.88 | 0.87 | 1.34 | 1.49 | 1.86 | 2.02 | 2.09 |
| Property, Plant & Equipment | 2.05 | 1.85 | 1.60 | 1.37 | 1.41 | 1.25 | 1.24 | 1.31 | 1.36 | 1.41 | 1.45 | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 4.46 | 4.45 | 7.04 | 6.94 | 7.15 | 6.77 | 5.90 | 6.20 | 6.17 | 6.29 | 6.40 | 67.78 | 160.24 | 160.04 | 160.02 | 160.01 | 160.01 |
| Total Assets | 115.70 | 100.66 | 104.81 | 42.83 | 59.05 | 75.32 | 72.38 | 82.63 | 116.36 | 125.88 | 136.28 | 68.65 | 161.58 | 161.53 | 161.88 | 162.03 | 162.10 |
| Accounts Payable | 6.13 | 6.31 | 8.47 | 5.31 | 5.56 | 4.72 | 6.27 | 3.35 | 3.15 | 3.01 | 2.77 | 0.28 | 0.17 | 0.10 | 0.00 | 0.02 | 0.03 |
| Total Current Liabilities | 13.47 | 13.69 | 20.66 | 17.06 | 15.49 | 16.22 | 14.50 | 10.42 | 21.47 | 11.86 | 12.06 | 1.44 | 1.10 | 0.31 | 0.14 | 0.19 | 0.17 |
| Long-term Debt | -- | 15.00 | 15.00 | 15.00 | 15.00 | -- | -- | -- | 10.00 | 10.00 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 72.81 | 36.00 | 40.41 | 25.47 | 26.71 | 12.88 | 13.75 | 15.02 | 15.23 | 24.58 | 24.47 | 5.60 | 5.60 | 5.60 | 5.60 | 5.60 | 5.60 |
| Total Liabilities | 86.28 | 49.69 | 61.07 | 42.53 | 42.19 | 29.10 | 28.26 | 25.44 | 36.70 | 36.44 | 36.53 | 7.04 | 6.70 | 5.91 | 5.74 | 5.79 | 5.77 |
| Retained Earnings | (407.02) | (383.27) | (368.82) | (348.00) | (328.63) | (293.72) | (278.30) | (262.32) | (236.04) | (222.72) | (210.67) | (6.07) | (5.25) | (4.38) | (3.85) | (0.37) | (0.28) |
| Total Stockholder Equity* | 29.42 | 50.97 | 43.74 | 0.30 | 16.86 | 46.22 | 44.13 | 57.19 | 79.66 | 89.44 | 99.75 | (6.07) | (5.25) | (4.38) | (3.85) | 156.24 | 156.33 |
* 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 | 0.09 | 0.11 | 30.92 | 0.86 | 0.84 | 0.87 | 0.25 | 0.99 | 0.78 | 0.62 | 0.26 | 0.42 | 0.92 | 1.16 | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 0.03 | 0.03 | 0.05 | 0.05 | 0.05 | 0.04 | 0.06 | 0.07 | 0.04 | 0.03 | 0.05 | 0.04 | 0.05 | 0.04 | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.06 | 0.08 | 30.87 | 0.81 | 0.79 | 0.82 | 0.20 | 0.92 | 0.73 | 0.59 | 0.22 | 0.38 | 0.34 | 1.12 | 1.05 | -- | -- | -- | -- | -- |
| Research & Development | 16.59 | 15.78 | 16.82 | 14.03 | 13.85 | 13.48 | 10.97 | 11.60 | 11.13 | 9.11 | 8.51 | 8.56 | 8.50 | 8.25 | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 5.83 | 6.37 | 7.29 | 7.10 | 6.26 | 6.26 | 5.90 | 5.67 | 6.47 | 5.90 | 4.18 | 6.34 | 5.32 | 4.41 | 0.85 | 0.78 | 0.91 | 0.42 | 0.06 | 0.06 |
| Total Operating Expenses | 22.42 | 22.15 | 24.11 | 21.13 | 20.12 | 19.75 | 16.87 | 17.26 | 17.59 | 15.01 | 12.70 | 14.90 | 1.28 | 12.67 | 1.93 | -- | -- | -- | -- | -- |
| Operating Income | (22.36) | (22.08) | 6.75 | (20.31) | (19.33) | (18.92) | (16.68) | (16.34) | (16.86) | (14.42) | (12.48) | (14.52) | (12.96) | (11.54) | (0.88) | (0.81) | (0.94) | (0.45) | (0.09) | (0.09) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.35 | -- | -- | -- | -- | -- | -- |
| Net Income | (23.75) | (20.69) | 6.25 | (20.83) | (19.36) | (18.75) | (16.15) | (15.43) | (15.98) | (13.46) | (12.82) | (13.32) | (12.05) | (10.94) | (0.88) | (0.69) | (0.73) | (0.44) | (0.09) | (0.09) |
| Basic EPS | (0.38) | (0.33) | 0.28 | (0.40) | (0.50) | (0.49) | (0.42) | (0.41) | (0.45) | (0.38) | (0.35) | (0.38) | (0.35) | (0.40) | (0.06) | (0.05) | (0.04) | (0.02) | -- | -- |
| Diluted EPS | (0.38) | (0.33) | 0.28 | (0.40) | (0.50) | (0.49) | (0.42) | (0.41) | (0.45) | (0.38) | (0.35) | (0.38) | (0.35) | (0.40) | (0.07) | (0.05) | (0.04) | -- | -- | -- |
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 | (19.33) | (22.17) | (2.27) | (14.55) | (15.53) | (16.62) | (13.54) | (13.70) | (10.21) | (13.11) | (10.97) | (10.28) | (10.49) | (14.38) | (0.56) | (0.57) | (0.11) | (0.34) | (0.03) | (0.13) |
| Capital Expenditures | 0.25 | 0.18 | 0.03 | 0.31 | 0.03 | 0.11 | 0.11 | 0.07 | 0.11 | 0.01 | -0.00 | 0.02 | 0.03 | 0.04 | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (19.59) | (22.35) | (2.30) | (14.86) | (15.56) | (16.73) | (13.64) | (13.77) | (10.31) | (13.12) | (10.97) | (10.30) | (10.52) | (14.42) | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (23.31) | 10.32 | (17.71) | (38.58) | 16.36 | 13.00 | (3.75) | 0.56 | 10.42 | 5.86 | 33.15 | 12.95 | 8.12 | (43.53) | 0.00 | 92.59 | -- | -- | -- | (160.00) |
| Financing Cash Flow | 34.75 | 5.53 | 12.66 | 76.40 | (0.43) | (0.30) | 13.95 | 15.04 | 0.17 | 0.02 | (10.70) | 0.00 | 0.09 | 56.82 | 0.00 | (92.59) | -- | -- | -- | 162.29 |
* Derived from reported values
