Financial Statements — ODYS
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 | 17.22 | 21.76 | 29.48 | 32.91 | 36.88 | 20.91 | 13.24 | 7.36 | 15.94 | 3.32 | 9.58 | 2.59 | 7.31 | 8.29 | 19.73 | 21.78 | 12.75 |
| Accounts Receivable | 0.68 | 0.10 | 0.35 | 0.51 | 0.19 | 0.91 | 0.76 | 0.12 | -- | 0.16 | 0.06 | 0.02 | 0.10 | 0.01 | 0.02 | 0.06 | 0.01 |
| Inventory | 0.24 | 0.31 | -- | -- | 0.20 | 0.33 | 0.44 | 0.60 | 0.78 | 0.72 | 0.69 | 0.65 | 0.61 | 0.19 | 0.14 | 0.14 | 0.35 |
| Total Current Assets | 19.91 | 23.28 | 31.34 | 34.89 | 38.09 | 23.10 | 15.41 | 17.19 | 20.86 | 23.61 | 25.91 | 16.10 | 17.97 | 19.94 | 20.43 | 22.84 | 24.06 |
| Property, Plant & Equipment | 0.25 | 0.33 | 0.36 | 0.38 | 0.41 | 0.42 | 0.44 | 0.47 | 0.50 | 0.51 | 0.51 | 0.71 | 0.72 | 0.76 | 0.72 | 0.40 | 0.37 |
| Total Non-current Assets | 1.47 | 1.36 | 1.58 | 1.67 | 1.75 | 3.08 | 3.17 | 3.35 | 3.69 | 2.80 | 2.56 | 2.91 | 3.10 | 3.28 | 3.18 | 2.71 | 2.37 |
| Total Assets | 21.38 | 24.64 | 32.92 | 36.56 | 39.84 | 26.17 | 18.57 | 20.54 | 24.56 | 26.41 | 28.46 | 19.02 | 21.06 | 23.22 | 23.60 | 25.55 | 26.43 |
| Accounts Payable | 0.45 | 0.45 | 0.36 | 0.55 | 0.49 | 0.30 | 0.29 | 0.40 | 0.29 | 0.77 | 0.37 | 0.37 | 0.31 | 0.23 | 0.20 | 0.30 | 0.49 |
| Total Current Liabilities | 3.42 | 2.98 | 3.21 | 3.29 | 3.42 | 2.92 | 2.64 | 2.67 | 2.86 | 2.98 | 2.62 | 2.56 | 2.66 | 2.34 | 1.11 | 1.15 | 2.30 |
| Total Non-current Liabilities | 0.56 | 0.49 | 0.60 | 0.66 | 0.66 | 2.34 | 2.51 | 2.73 | 3.13 | 2.63 | 2.47 | 2.73 | 2.89 | 3.28 | 1.89 | 1.92 | 1.79 |
| Total Liabilities | 3.99 | 3.48 | 3.80 | 3.96 | 4.08 | 5.26 | 5.15 | 5.40 | 6.00 | 5.61 | 5.09 | 5.29 | 5.55 | 5.62 | 3.00 | 3.07 | 4.09 |
| Retained Earnings | (72.51) | (68.19) | (58.73) | (54.31) | (50.24) | (42.42) | (39.55) | (37.37) | (32.87) | (30.32) | (27.45) | (23.10) | (20.85) | (18.08) | (12.56) | (10.00) | (7.91) |
| Total Stockholder Equity | 17.39 | 21.16 | 29.11 | 32.60 | 35.77 | 20.91 | 13.43 | 15.15 | 18.56 | 20.80 | 23.38 | 13.73 | 15.51 | 17.60 | 20.60 | 22.48 | 22.34 |
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 | 0.42 | 0.08 | 0.44 | 0.15 | 0.36 | 2.07 | 1.30 | 1.29 | 1.18 | 0.19 | 1.95 | 0.11 | 0.67 | 0.30 | 0.16 | 0.13 | 0.37 | 0.00 | 0.07 | 0.02 |
| Cost of Revenue | 0.26 | 0.06 | 0.26 | 0.13 | 0.23 | 1.53 | 0.84 | 0.89 | 0.67 | 0.41 | 0.88 | 0.32 | 0.78 | 0.55 | 0.35 | 0.43 | 0.56 | 0.29 | 0.29 | 0.21 |
| Gross Profit | 0.16 | 0.02 | 0.18 | 0.02 | 0.13 | 0.54 | 0.46 | 0.41 | 0.51 | (0.22) | 1.07 | (0.21) | (0.10) | (0.25) | (0.19) | (0.30) | (0.19) | (0.29) | (0.22) | (0.19) |
| Research & Development | 2.24 | 2.56 | 2.32 | 2.48 | 2.36 | 2.49 | 2.18 | 1.73 | 1.41 | 1.57 | 1.50 | 1.35 | 1.36 | 1.40 | 1.17 | 1.05 | 1.02 | 0.95 | 0.65 | 0.60 |
| Selling, General & Admin | 1.53 | 1.84 | 1.57 | 1.67 | 1.59 | 2.22 | 1.63 | 1.34 | 1.25 | 1.34 | 1.21 | 1.10 | 1.17 | 0.96 | 0.32 | 0.81 | 1.17 | 1.29 | 1.55 | 1.60 |
| Total Operating Expenses | 4.69 | 5.36 | 4.61 | 4.73 | 4.57 | 5.10 | 4.22 | 3.42 | 2.88 | 3.14 | 2.93 | 2.66 | 3.02 | 2.53 | 1.57 | 2.03 | 2.39 | 2.48 | 2.64 | 2.38 |
| Operating Income | (4.53) | (5.34) | (4.43) | (4.71) | (4.44) | (4.56) | (3.76) | (3.02) | (2.36) | (3.36) | (1.86) | (2.87) | (3.12) | (2.78) | (1.76) | (2.33) | (2.58) | (2.77) | (2.86) | (2.56) |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (2.73) | (2.56) |
| Net Income | (4.32) | (5.18) | (4.28) | (4.42) | (4.07) | (4.26) | (3.56) | (2.87) | (2.18) | (3.16) | (1.34) | (2.54) | (2.88) | (2.69) | (1.66) | (2.24) | (2.77) | (2.79) | (2.73) | (2.56) |
| Basic EPS | (0.26) | (0.32) | (0.26) | (0.27) | (0.25) | (0.29) | (0.89) | (0.23) | (0.21) | 0.30 | (0.09) | (0.24) | (0.28) | (0.37) | (0.23) | (0.32) | (0.39) | (0.39) | -- | -- |
| Diluted EPS | (0.26) | (0.32) | (0.26) | (0.27) | (0.25) | (0.29) | (0.89) | (0.23) | (0.21) | 0.30 | (0.12) | (0.24) | (0.28) | -- | -- | -- | -- | -- | -- | -- |
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 | (4.46) | (4.25) | (3.88) | (3.42) | (4.17) | (2.23) | (2.69) | (2.20) | (2.09) | (1.23) | (2.67) | (2.25) | (2.61) | (2.47) | (1.99) | (1.71) | (2.17) | (0.22) | (1.05) | (1.79) |
| Capital Expenditures | 0.03 | 0.01 | 0.02 | 0.01 | 0.00 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.04 | 0.04 | 0.02 | 0.03 | 0.05 | 0.02 | 0.02 | 0.25 | 0.18 |
| Free Cash Flow* | (4.49) | (4.26) | (3.90) | (3.43) | (4.17) | (2.26) | (2.71) | (2.21) | (2.10) | (1.25) | (2.69) | (2.29) | (2.65) | (2.49) | (2.02) | (1.75) | (2.19) | (0.25) | (1.29) | (1.96) |
| Investing Cash Flow | (0.34) | (0.01) | (0.01) | (0.01) | -0.00 | 0.28 | (0.32) | (0.01) | 7.99 | (0.02) | (4.52) | 14.96 | (3.54) | (12.01) | 9.47 | (3.04) | 1.48 | (0.02) | (11.25) | (0.18) |
| Financing Cash Flow | 0.10 | 0.03 | 0.08 | 0.00 | 0.03 | 21.02 | (0.03) | 9.85 | -- | -- | (0.03) | (0.08) | (0.06) | 13.98 | -- | -- | -- | -- | 1.03 | (0.09) |
* Derived from reported values
