Financial Statements — OM
Balance Sheet
(in billions 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 | 0.04 | 0.03 | 0.04 | 0.04 | 0.08 | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.06 | 0.08 | 0.11 | 0.23 | 0.27 | 0.25 |
| Short-term Investments | 0.11 | 0.13 | 0.14 | 0.14 | 0.11 | 0.14 | 0.16 | 0.19 | 0.16 | 0.19 | 0.21 | 0.16 | 0.19 | 0.19 | 0.14 | 0.12 | 0.03 |
| Accounts Receivable | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.01 |
| Inventory | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.04 | 0.05 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 |
| Total Current Assets | 0.23 | 0.24 | 0.27 | 0.28 | 0.29 | 0.28 | 0.30 | 0.33 | 0.28 | 0.31 | 0.34 | 0.31 | 0.35 | 0.38 | 0.43 | 0.45 | 0.32 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 |
| Total Non-current Assets* | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.06 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 |
| Total Assets | 0.24 | 0.25 | 0.28 | 0.29 | 0.30 | 0.29 | 0.31 | 0.35 | 0.31 | 0.33 | 0.36 | 0.37 | 0.40 | 0.43 | 0.49 | 0.50 | 0.38 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 |
| Total Current Liabilities | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 | 0.05 | 0.06 | 0.05 | 0.04 | 0.04 | 0.03 |
| Long-term Debt | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.20 | 0.20 | 0.20 | 0.10 | 0.10 | 0.10 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Total Non-current Liabilities* | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.20 | 0.20 | 0.20 | 0.10 | 0.10 | 0.10 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Liabilities | 0.15 | 0.14 | 0.13 | 0.13 | 0.13 | 0.25 | 0.25 | 0.25 | 0.16 | 0.15 | 0.15 | 0.09 | 0.09 | 0.09 | 0.08 | 0.07 | 0.07 |
| Retained Earnings | (1.21) | (1.19) | (1.15) | (1.13) | (1.12) | (1.06) | (1.04) | (1.00) | (0.92) | (0.88) | (0.83) | (0.75) | (0.71) | (0.66) | (0.58) | (0.55) | (0.52) |
| Total Stockholder Equity | 0.10 | 0.11 | 0.14 | 0.15 | 0.17 | 0.05 | 0.07 | 0.09 | 0.15 | 0.18 | 0.22 | 0.28 | 0.31 | 0.35 | 0.41 | 0.43 | 0.31 |
* 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 | 31.64 | 27.86 | 28.87 | 29.43 | 31.42 | 29.75 | 29.47 | 28.67 | 27.39 | 28.17 | 30.51 | 30.36 | 36.04 | 33.47 | 32.01 | 27.76 | 25.06 | 30.55 | 28.15 | 26.32 |
| Cost of Revenue | 18.35 | 15.77 | 16.64 | 17.84 | 19.55 | 18.69 | 18.72 | 18.85 | 17.61 | 19.95 | 22.80 | 23.21 | 28.34 | 27.04 | 26.73 | 23.43 | 21.28 | 26.11 | 24.83 | 23.37 |
| Gross Profit | 13.28 | 12.10 | 12.23 | 11.59 | 11.87 | 11.07 | 10.75 | 9.82 | 9.78 | 8.22 | 7.71 | 7.16 | 7.70 | 6.43 | 5.27 | 4.34 | 3.78 | 4.44 | 3.32 | 2.95 |
| Research & Development | 5.45 | 5.62 | 5.06 | 5.38 | 5.29 | 5.52 | 7.89 | 8.14 | 9.73 | 12.64 | 12.53 | 16.08 | 14.91 | 13.79 | 11.44 | 13.06 | 13.52 | 10.83 | 11.41 | 9.73 |
| Selling, General & Admin | 11.36 | 10.12 | 11.93 | 8.48 | 9.16 | 8.30 | 9.27 | 10.10 | 12.68 | 11.44 | 10.34 | 11.82 | 11.29 | 11.79 | 10.02 | 10.00 | 10.78 | 9.71 | 9.72 | 7.63 |
| Total Operating Expenses | 28.96 | 29.01 | 29.86 | 27.40 | 28.73 | 27.47 | 32.61 | 33.66 | 40.55 | 45.13 | 45.07 | 52.61 | 51.18 | 49.91 | 45.10 | 45.34 | 47.50 | 40.92 | 44.12 | 33.08 |
| Operating Income | (15.68) | (16.92) | (17.63) | (15.81) | (16.86) | (16.40) | (21.86) | (23.84) | (30.76) | (36.91) | (37.35) | (45.45) | (43.48) | (43.48) | (39.82) | (41.00) | (43.72) | (36.47) | (40.80) | (30.14) |
| Interest Expense | 3.44 | 3.37 | 3.44 | 3.48 | 3.48 | 3.56 | 5.83 | 6.07 | 6.01 | 5.97 | 3.42 | 3.21 | 3.10 | 2.94 | 2.10 | 0.57 | 0.48 | 0.42 | 0.43 | 0.43 |
| Pretax Income | (17.76) | (18.76) | (19.40) | (17.43) | (18.44) | (25.67) | (25.64) | (27.76) | (34.30) | (39.78) | (38.49) | (46.09) | (43.91) | (43.78) | (41.38) | (40.76) | (43.74) | (36.78) | (41.11) | (30.47) |
| Tax Provision | 0.22 | 0.22 | 0.10 | 0.40 | 0.10 | 0.12 | -0.00 | 0.18 | 0.15 | 0.16 | 0.11 | 0.09 | 0.13 | 0.19 | 0.06 | 0.02 | 0.10 | 0.12 | 0.13 | 0.07 |
| Net Income | (17.98) | (18.98) | (19.49) | (17.84) | (18.54) | (25.78) | (25.64) | (27.94) | (34.45) | (39.94) | (38.60) | (46.18) | (44.05) | (43.97) | (41.44) | (40.78) | (43.84) | (36.89) | (41.23) | (30.47) |
| Basic EPS | (0.97) | (1.03) | 0.33 | (1.00) | (1.04) | (3.66) | (0.47) | (0.55) | (0.66) | (0.78) | (0.75) | (0.93) | (0.90) | (0.90) | (0.84) | (0.85) | (0.92) | -- | -- | -- |
| Diluted EPS | (0.97) | (1.03) | 0.33 | (1.00) | (1.04) | (3.66) | (0.47) | (0.55) | (0.66) | (0.78) | (0.75) | (0.93) | (0.90) | (0.90) | (0.84) | (0.85) | (0.92) | -- | -- | -- |
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 | (9.63) | (12.84) | (9.52) | (6.32) | (4.82) | (25.66) | (16.49) | (20.57) | (33.33) | (45.91) | (24.44) | (34.00) | (28.18) | (44.76) | (34.51) | (34.31) | (38.58) | (38.33) | (32.68) | (28.13) |
| Capital Expenditures | 0.11 | 0.07 | 0.22 | 0.16 | 0.29 | 0.12 | 0.04 | 0.40 | 0.12 | 0.35 | 1.05 | 0.78 | 0.80 | 0.81 | 2.11 | 2.74 | 2.00 | 1.48 | 0.85 | 0.49 |
| Free Cash Flow* | (9.75) | (12.91) | (9.74) | (6.48) | (5.11) | (25.79) | (16.53) | (20.96) | (33.45) | (46.27) | (25.49) | (34.78) | (28.97) | (45.57) | (36.62) | (37.05) | (40.57) | (39.81) | (33.53) | (28.62) |
| Investing Cash Flow | 14.17 | 7.90 | 8.59 | 2.97 | (31.16) | (78.08) | 108.15 | 15.88 | 38.94 | (59.03) | 23.43 | 29.81 | 27.15 | 2.64 | (51.75) | 20.16 | (1.32) | (33.39) | (16.42) | (21.82) |
| Financing Cash Flow | (0.09) | 0.50 | 0.00 | 0.23 | (0.38) | 55.66 | (0.94) | 0.12 | 0.08 | 68.61 | 33.23 | 4.10 | 1.04 | 5.28 | 65.60 | 2.53 | 1.04 | 3.72 | 0.93 | 6.19 |
* Derived from reported values
