Financial Statements — PAXH
Balance Sheet
(in millions USD)| Metric | Q3
2026 | 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 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.06 | 0.01 | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Total Current Assets | 0.06 | 0.01 | 0.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Property, Plant & Equipment | 0.39 | 0.13 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | -- | -- | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.39 | 0.13 | 0.66 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Total Assets | 0.44 | 0.14 | 1.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Accounts Payable | 0.08 | 0.06 | 0.03 | 0.18 | 0.17 | 0.17 | 0.17 | 0.16 | 0.16 | 0.16 | 0.16 | 0.15 | 0.16 | 0.16 | 0.16 | 0.16 | 0.17 |
| Short-term Debt | 0.08 | 0.08 | 0.09 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- |
| Total Current Liabilities | 0.81 | 0.77 | 0.72 | 2.43 | 2.41 | 2.40 | 2.39 | 2.38 | 2.34 | 2.26 | 2.22 | 2.18 | 2.09 | 2.05 | 1.91 | 1.88 | 2.00 |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 0.81 | 0.77 | 0.72 | 2.43 | 2.41 | 2.40 | 2.39 | 2.38 | 2.34 | 2.26 | 2.22 | 2.18 | 2.09 | 2.05 | 1.91 | 1.88 | 2.00 |
| Retained Earnings | (6.16) | (6.07) | (6.09) | (5.16) | (5.15) | (5.13) | (5.12) | (5.11) | (5.07) | (4.99) | (4.96) | (4.91) | (4.82) | (4.78) | (4.65) | (4.61) | (4.73) |
| Total Stockholder Equity | (0.36) | (0.63) | 0.43 | (2.43) | (2.41) | (2.40) | (2.39) | (2.38) | (2.34) | (2.26) | (2.22) | (2.18) | (2.09) | (2.05) | (1.91) | (1.88) | (2.00) |
* Derived from reported values
Income Statement
(in thousands USD) (except per-share rows)| Metric | Q4
2026 | Q3
2026 | 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 | Q4
2021 |
|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.07 | 0.23 | 0.29 |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | (83.66) | 0.00 | 0.00 | 391.26 | 0.00 | 0.00 | 0.00 | 0.00 | (0.50) | 2.44 | 2.18 | 1.52 | 1.31 | 0.37 | 1.57 | 3.27 | 10.99 | 10.50 | 2.07 | 2.84 |
| Selling, General & Admin | 13.26 | 5.43 | 4.68 | 8.24 | (3.41) | 4.54 | 1.38 | 2.13 | 2.08 | 2.90 | 8.49 | 1.69 | 3.06 | 2.68 | 6.48 | 1.58 | 4.60 | 3.27 | 7.52 | 3.98 |
| Total Operating Expenses | (89.22) | 94.66 | 112.06 | 875.20 | 120.37 | 13.46 | 13.67 | 4.63 | 4.61 | 8.81 | 45.11 | 40.92 | 37.34 | 36.49 | 45.09 | 37.35 | 48.69 | 46.87 | 43.89 | 40.00 |
| Operating Income | 89.22 | (94.66) | (112.05) | (875.20) | -- | -- | (13.67) | (4.63) | (4.61) | (8.81) | (45.11) | (40.92) | (37.34) | (36.49) | (45.09) | (37.35) | (48.66) | (46.80) | (43.65) | (39.71) |
| Pretax Income | (210.11) | (94.33) | (111.82) | (745.21) | -- | (13.46) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (80.18) | (94.33) | (111.82) | (875.13) | (50.25) | (13.46) | (13.67) | (4.63) | (4.61) | (8.81) | (45.11) | (40.92) | (37.34) | (36.49) | (45.09) | (37.35) | (48.66) | (46.80) | (43.65) | (39.71) |
| Basic EPS | -- | 0.00 | 0.00 | (0.04) | -- | 0.00 | 0.00 | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | (0.01) | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | -- | 0.00 | 0.00 | (0.04) | -- | 0.00 | 0.00 | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | (0.01) | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in thousands USD)| Metric | Q4
2026 | Q3
2026 | 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 | Q4
2021 |
|---|
| Operating Cash Flow | (12.53) | 5.10 | (38.92) | (74.80) | (41.90) | (0.16) | 2.95 | (2.40) | (3.63) | (3.55) | (10.11) | (13.60) | (5.66) | (7.94) | (10.72) | (13.29) | (18.91) | (15.99) | (29.07) | (6.89) |
| Capital Expenditures | 113.87 | 137.10 | 70.61 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (126.40) | (132.00) | (109.53) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (113.87) | (137.10) | (70.61) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 67.69 | 176.08 | (3.05) | 204.86 | 39.67 | 0.00 | (2.78) | 2.38 | 2.44 | 2.87 | 11.62 | 13.95 | 5.64 | 7.80 | 10.70 | 13.23 | 18.95 | 16.10 | 29.14 | 6.80 |
* Derived from reported values
