Financial Statements — PASG
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 | 24.16 | 33.34 | 52.77 | 57.63 | 63.36 | 32.29 | 24.77 | 36.77 | 33.58 | 30.29 | 33.37 | 62.57 | 91.13 | 101.61 | 162.89 | 215.46 | 249.52 |
| Total Current Assets | 25.18 | 34.74 | 55.73 | 60.32 | 66.67 | 87.22 | 95.00 | 108.29 | 135.71 | 153.63 | 171.62 | 222.52 | 250.58 | 283.00 | 366.47 | 418.84 | 450.95 |
| Property, Plant & Equipment | -- | 0.83 | 5.16 | 5.34 | 5.52 | 10.04 | 13.05 | 14.49 | 16.07 | 20.23 | 21.60 | 22.92 | 23.57 | 24.29 | 17.77 | 13.48 | 6.57 |
| Total Non-current Assets* | 0.00 | 1.72 | 18.43 | 18.88 | 19.34 | 24.54 | 30.39 | 32.24 | 33.55 | 40.07 | 41.62 | 47.53 | 48.84 | 50.22 | 24.47 | 20.69 | 14.22 |
| Total Assets | 25.18 | 36.46 | 74.16 | 79.20 | 86.01 | 111.75 | 125.39 | 140.53 | 169.26 | 193.70 | 213.24 | 270.05 | 299.42 | 333.22 | 390.94 | 439.53 | 465.17 |
| Accounts Payable | 0.90 | 1.31 | 0.95 | 2.40 | 1.46 | 1.49 | 0.62 | 1.69 | 2.75 | 3.38 | 3.03 | 4.51 | 8.21 | 9.14 | 8.98 | 16.40 | 6.25 |
| Total Current Liabilities | 20.72 | 20.10 | 22.25 | 19.80 | 17.83 | 16.95 | 12.39 | 12.84 | 19.81 | 19.87 | 17.24 | 21.62 | 27.13 | 27.48 | 22.25 | 31.25 | 19.47 |
| Total Non-current Liabilities* | 0.00 | 4.61 | 20.80 | 21.14 | 21.48 | 22.09 | 22.45 | 22.81 | 23.17 | 23.41 | 25.65 | 24.04 | 24.24 | 24.43 | 6.46 | 6.01 | 4.20 |
| Total Liabilities | 20.72 | 24.71 | 43.04 | 40.94 | 39.30 | 39.04 | 34.84 | 35.65 | 42.98 | 43.28 | 42.89 | 45.66 | 51.37 | 51.91 | 28.71 | 37.26 | 23.67 |
| Retained Earnings | (720.14) | (712.32) | (691.77) | (684.02) | (674.64) | (646.51) | (627.17) | (611.18) | (577.71) | (550.60) | (526.74) | (465.33) | (438.63) | (399.09) | (305.13) | (258.21) | (209.78) |
| Total Stockholder Equity | 4.46 | 11.75 | 31.12 | 38.26 | 46.71 | 72.72 | 90.56 | 104.88 | 126.28 | 150.41 | 170.35 | 224.40 | 248.05 | 281.31 | 362.23 | 402.27 | 441.50 |
* 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 |
|---|
| Research & Development | 3.34 | 4.09 | 5.42 | 4.31 | 5.81 | 7.74 | 9.56 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 6.87 | 4.79 | 4.92 | 4.35 | 4.52 | 6.09 | 4.71 | 7.25 | 6.51 | 6.52 | 6.29 | 8.18 | 8.06 | 19.05 | 10.59 | 10.66 | 12.99 | 15.10 | 17.19 | 14.98 |
| Operating Income | (8.27) | (8.25) | (13.85) | (8.65) | (10.33) | (16.46) | (14.27) | (20.70) | (17.38) | (18.05) | (18.45) | (28.67) | (25.39) | (35.88) | (28.24) | (27.53) | (39.81) | (42.81) | (51.16) | (47.10) |
| Net Income | (7.82) | (7.56) | (12.98) | (7.75) | (9.38) | (15.40) | (12.72) | (19.34) | (15.99) | (16.71) | (16.76) | (27.11) | (23.86) | (34.34) | (27.07) | (26.70) | (39.54) | (42.81) | (51.15) | (46.91) |
| Basic EPS | (2.44) | (2.36) | (8.70) | (2.44) | (2.96) | (0.25) | (0.20) | (0.31) | (0.26) | (0.30) | (0.30) | (0.49) | (0.44) | (0.63) | (0.49) | (0.49) | (0.73) | (0.79) | (0.95) | -- |
| Diluted EPS | (2.44) | (2.36) | (8.70) | (2.44) | (2.96) | (0.25) | (0.20) | (0.31) | (0.26) | (0.30) | (0.30) | (0.49) | (0.44) | (0.63) | (0.49) | (0.49) | (0.73) | (0.79) | (0.95) | -- |
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 | (9.18) | (12.99) | (6.48) | (4.85) | (6.33) | (13.85) | (8.44) | (7.45) | (13.14) | (18.93) | (19.52) | (19.16) | (17.14) | (22.45) | (24.02) | (23.39) | (26.08) | (44.71) | (30.77) | (41.06) |
| Investing Cash Flow | 0.00 | 0.02 | 0.00 | 0.00 | 0.59 | 39.63 | 13.68 | 14.97 | 1.05 | 25.25 | 7.60 | 22.45 | 13.97 | 21.22 | (3.36) | (4.76) | 16.00 | 17.31 | (3.60) | (11.55) |
| Financing Cash Flow | -- | -- | 0.01 | 0.00 | 0.01 | -- | 0.05 | 0.00 | 0.09 | 8.74 | 0.05 | 0.00 | 0.09 | -- | (0.59) | (0.41) | (0.41) | 0.05 | 0.46 | 0.04 |
