Financial Statements — PFSA
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 |
|---|
| Cash & Equivalents | 0.72 | 0.38 | 3.01 | 0.00 | 0.02 | 0.00 | 0.01 | 0.01 | 0.02 | 0.01 | 0.06 | 0.37 | 0.48 | 0.51 |
| Total Current Assets | 0.84 | 0.66 | 4.20 | 0.69 | 0.06 | 0.68 | 0.11 | 0.07 | 0.15 | 0.24 | 0.35 | 0.71 | 0.83 | 0.91 |
| Property, Plant & Equipment | 0.08 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.20 | 0.20 | 0.06 | 1.27 | 1.92 | 8.10 | 8.48 | 8.43 | 10.65 | 10.66 | 10.39 | 193.09 | 192.03 | 191.96 |
| Total Assets | 1.04 | 0.86 | 4.25 | 1.96 | 1.98 | 8.78 | 8.59 | 8.50 | 10.80 | 10.90 | 10.74 | 193.79 | 192.86 | 192.87 |
| Accounts Payable | 7.86 | 8.31 | 6.98 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 28.17 | 29.02 | 23.54 | 16.18 | 13.25 | 5.17 | 4.16 | 3.96 | 3.00 | 2.97 | 2.65 | 0.40 | 0.16 | 0.09 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | 0.71 | 0.37 | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.00 | 0.04 | 14.67 | 6.96 | 1.04 | 0.65 | 0.96 | 0.66 | 0.67 | 0.42 | 1.43 | 0.97 | 2.04 | 3.34 |
| Total Liabilities | 28.17 | 29.06 | 38.21 | 23.14 | 14.30 | 5.82 | 5.11 | 4.63 | 3.67 | 3.39 | 4.09 | 1.37 | 2.20 | 3.42 |
| Retained Earnings | (172.99) | (164.24) | (152.21) | (22.51) | (14.30) | (5.18) | (5.08) | (4.50) | (3.48) | (2.87) | (3.31) | (0.37) | (1.12) | (2.20) |
| Total Stockholder Equity | (27.13) | (28.20) | (33.96) | (22.51) | (14.30) | (5.18) | (5.08) | (4.50) | (3.48) | (2.87) | (3.31) | (0.37) | (1.12) | (2.20) |
* 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 |
|---|
| Total Revenue | -- | -- | -- | 0.08 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 0.82 | 1.15 | 1.25 | 0.72 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 1.72 | 2.86 | 2.32 | 20.99 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 2.55 | 4.01 | 3.57 | 21.71 | 0.03 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (2.54) | (4.01) | (4.45) | (21.71) | (0.97) | (0.58) | (0.31) | (0.32) | (0.25) | (0.47) | (0.46) | (0.29) | (0.31) | (0.44) | (0.41) | (0.40) | (0.22) | (0.24) |
| Pretax Income | -- | -- | -- | -- | (8.19) | (1.10) | (7.57) | 0.11 | (0.37) | (0.80) | 0.26 | (0.34) | 0.87 | 0.82 | 0.91 | 1.81 | 1.24 | -- |
| Tax Provision | -- | -- | -- | -- | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.02 | 0.38 | 0.43 | 0.04 | 0.03 | -- |
| Net Income | (8.76) | (3.46) | (4.31) | (22.19) | (8.20) | (1.12) | (7.59) | 0.09 | (0.40) | (0.82) | 0.24 | (0.37) | 0.85 | 0.44 | 0.48 | 1.76 | 1.21 | 3.71 |
| Basic EPS | (151.80) | (2.05) | (10,459.00) | (70.00) | (153.00) | (19.00) | (128.00) | 2.00 | (7.00) | (14.00) | 2.00 | (6.00) | 14.00 | 2.00 | 3.00 | 7.00 | 5.00 | 15.00 |
| Diluted EPS | (151.80) | (2.05) | (10,459.00) | (70.00) | (153.00) | (19.00) | (128.00) | 2.00 | (7.00) | (14.00) | (18.00) | 14.00 | 14.00 | 2.00 | 2.00 | 7.00 | 5.00 | -- |
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 |
|---|
| Operating Cash Flow | (2.63) | (2.58) | (5.13) | (10.62) | (0.14) | (0.36) | (0.33) | (0.29) | (0.39) | (0.28) | (0.35) | (0.48) | (0.27) | (0.97) | (0.18) | (0.11) | (0.06) | (0.23) |
| Capital Expenditures | 0.07 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (2.70) | (2.58) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.07) | 1.15 | (1.01) | (7.49) | -0.00 | 6.49 | 0.46 | (0.11) | 0.07 | 2.56 | (0.08) | 0.15 | (0.15) | 185.67 | -0.00 | 0.00 | 0.03 | -- |
| Financing Cash Flow | 3.05 | 0.03 | 4.91 | 20.94 | 0.12 | (6.13) | (0.11) | 0.40 | 0.33 | (2.28) | 0.41 | 0.34 | 0.37 | (184.85) | -- | -- | -- | -- |
* Derived from reported values
