Financial Statements — ONFOW
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 |
|---|
| Cash & Equivalents | 0.25 | 0.84 | 0.40 | 0.51 | 0.67 | 0.36 | 0.31 | 0.53 | 3.37 | 4.05 | 4.66 | 11.62 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.07 | 0.05 |
| Accounts Receivable | 0.40 | 0.42 | 0.72 | 0.54 | 0.69 | 0.23 | 0.26 | 0.12 | 0.10 | 0.11 | 0.11 | -- |
| Inventory | 0.03 | 0.04 | 0.02 | 0.03 | 0.05 | 0.06 | 0.08 | 0.09 | 0.11 | 0.12 | 0.09 | 0.09 |
| Total Current Assets | 0.87 | 1.53 | 1.33 | 1.28 | 1.60 | 0.80 | 0.82 | 0.94 | 3.71 | 4.44 | 5.11 | 12.01 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- |
| Goodwill | 4.20 | 4.20 | 4.20 | 4.20 | 4.20 | 3.11 | 3.10 | 3.10 | 1.17 | 4.24 | 4.22 | -- |
| Intangible Assets | 1.32 | 1.48 | 2.42 | 2.72 | 3.02 | 4.07 | 4.40 | 4.06 | 3.28 | 4.19 | 4.56 | 0.12 |
| Total Non-current Assets* | 6.93 | 7.46 | 6.95 | 7.55 | 7.84 | 7.77 | 8.08 | 7.74 | 5.03 | 8.99 | 9.34 | 1.88 |
| Total Assets | 7.79 | 8.99 | 8.29 | 8.83 | 9.45 | 8.58 | 8.91 | 8.67 | 8.74 | 13.43 | 14.45 | 13.89 |
| Total Current Liabilities | 9.60 | 7.58 | 2.75 | 2.56 | 2.61 | 3.35 | 3.02 | 2.75 | 3.19 | 3.14 | 3.08 | 0.35 |
| Total Non-current Liabilities* | 0.00 | 0.19 | 1.81 | 1.78 | 1.84 | 1.04 | 1.09 | 0.69 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 9.61 | 7.77 | 4.55 | 4.34 | 4.45 | 4.39 | 4.11 | 3.44 | 3.19 | 3.14 | 3.08 | 0.35 |
| Retained Earnings | (29.46) | (24.79) | (21.49) | (20.64) | (19.98) | (18.11) | (17.53) | (16.66) | (15.05) | (10.26) | (8.92) | (6.27) |
| Total Stockholder Equity | (3.11) | (0.14) | 2.25 | 3.07 | 3.59 | 3.88 | 4.48 | 5.23 | 5.55 | 10.29 | 11.36 | 13.54 |
* 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 |
|---|
| Total Revenue | 1.50 | 1.87 | 2.03 | 2.74 | 3.15 | 2.81 | 2.54 | 2.01 | 1.73 | 1.59 | 1.26 | 1.31 | 1.31 | 1.35 | 1.12 | 0.35 |
| Cost of Revenue | 0.77 | 0.95 | 1.01 | 0.97 | 1.21 | 1.10 | 1.18 | 0.81 | 0.75 | 0.58 | 0.43 | 0.47 | 0.49 | 0.61 | 0.37 | 0.22 |
| Gross Profit | 0.73 | 0.92 | 1.01 | 1.77 | 1.94 | 1.71 | 1.36 | 1.21 | 0.98 | 1.00 | 0.84 | 0.85 | 0.82 | 0.74 | 0.75 | 0.14 |
| Selling, General & Admin | 1.14 | 1.32 | 1.35 | 1.83 | 2.07 | 2.22 | 1.40 | 1.47 | 1.50 | 1.34 | 1.24 | 1.53 | 1.57 | 1.70 | 1.47 | 0.97 |
| Total Operating Expenses | 1.70 | 1.75 | 2.21 | 2.04 | 2.44 | 2.49 | 2.01 | 1.69 | 1.73 | 1.61 | 1.67 | 5.59 | 2.12 | 2.09 | 1.91 | 1.12 |
| Operating Income | (0.97) | (0.83) | (1.20) | (0.27) | (0.51) | (0.79) | (0.66) | (0.49) | (0.76) | (0.61) | (0.84) | (4.74) | (1.31) | (1.35) | (1.16) | (0.99) |
| Interest Expense | 0.17 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 |
| Pretax Income | (4.60) | (2.57) | (0.57) | (0.63) | (0.53) | (0.82) | 0.14 | (0.50) | (0.78) | (0.63) | (0.83) | (4.73) | (1.29) | (1.28) | (1.25) | (0.97) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (4.54) | (2.52) | (0.55) | (0.70) | (0.53) | (0.81) | 0.14 | (0.50) | (0.78) | (0.63) | (0.83) | (4.73) | (1.29) | (1.28) | (1.25) | (0.97) |
| Diluted EPS | (35.57) | (0.45) | (0.37) | (0.16) | 0.13 | (0.18) | (0.36) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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 |
|---|
| Operating Cash Flow | (0.61) | (0.84) | (0.40) | 0.03 | (0.43) | (0.15) | (0.47) | 0.07 | (0.33) | (0.43) | (0.59) | (0.60) | (0.53) | (1.02) | (0.50) | (2.37) |
| Investing Cash Flow | -- | -- | (2.48) | 0.00 | 0.00 | 0.00 | 0.76 | 0.00 | (0.05) | (0.25) | 0.00 | 0.00 | 0.00 | (0.85) | (4.31) | 0.02 |
| Financing Cash Flow | 0.03 | (0.50) | 4.66 | (0.15) | 0.29 | 0.30 | (0.15) | 0.90 | (0.68) | 0.26 | (1.89) | (0.07) | (0.06) | (0.14) | (0.15) | 12.26 |
