Financial Statements — PI
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 | 38.57 | 32.30 | 51.73 | 42.42 | 61.32 | 73.70 | 214.65 | 166.85 | 78.10 | 45.24 | 37.48 | 39.31 | 32.58 | 63.54 | 65.19 | 51.18 | 49.80 |
| Short-term Investments | 94.44 | 99.54 | 138.35 | 150.79 | 86.60 | 96.55 | 5.56 | 7.29 | 35.13 | 63.66 | 117.06 | 142.54 | 130.72 | 101.72 | 48.15 | 60.79 | 69.55 |
| Accounts Receivable | 71.11 | 72.35 | 61.19 | 55.13 | 57.10 | 64.38 | 54.18 | 59.38 | 48.48 | 58.95 | 60.97 | 40.67 | 40.13 | 38.53 | 27.05 | 25.98 | 23.51 |
| Inventory | 91.50 | 86.30 | 92.64 | 96.21 | 98.48 | 88.36 | 80.77 | 87.76 | 106.81 | 112.32 | 85.81 | 31.93 | 32.05 | 31.56 | 18.43 | 24.06 | 28.07 |
| Total Current Assets | 304.60 | 299.04 | 351.78 | 349.77 | 308.57 | 329.09 | 358.32 | 324.40 | 272.96 | 283.62 | 305.15 | 259.95 | 239.08 | 242.56 | 163.06 | 165.67 | 173.73 |
| Property, Plant & Equipment | 49.08 | 49.67 | 52.35 | 52.99 | 49.65 | 49.91 | 47.21 | 47.45 | 44.92 | 45.08 | 41.80 | 31.12 | 28.73 | 29.13 | 28.64 | 26.31 | 20.80 |
| Goodwill | 20.25 | 20.44 | 20.70 | 20.76 | 19.38 | 19.83 | 19.26 | 19.34 | 19.05 | 19.52 | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 8.19 | 8.82 | 10.03 | 10.61 | 10.24 | 11.56 | 11.65 | 12.21 | 14.73 | 16.59 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 230.15 | 203.49 | 164.68 | 159.05 | 171.26 | 147.36 | 87.77 | 89.48 | 90.64 | 99.92 | 67.50 | 67.84 | 65.33 | 74.39 | 47.33 | 45.75 | 40.76 |
| Total Assets | 534.75 | 502.52 | 516.46 | 508.82 | 479.83 | 476.45 | 446.09 | 413.88 | 363.60 | 383.55 | 372.65 | 327.79 | 304.41 | 316.94 | 210.39 | 211.42 | 214.49 |
| Accounts Payable | 17.05 | 15.44 | 16.17 | 11.99 | 10.83 | 20.50 | 15.31 | 9.42 | 11.02 | 27.63 | 36.71 | 13.25 | 10.10 | 9.10 | 8.44 | 10.67 | 8.80 |
| Total Current Liabilities | 92.96 | 32.50 | 131.79 | 30.05 | 28.17 | 331.10 | 318.92 | 34.44 | 33.76 | 50.88 | 54.60 | 33.64 | 25.33 | 32.64 | 107.22 | 107.71 | 112.19 |
| Long-term Debt | 241.94 | 241.47 | 280.36 | 284.32 | 283.90 | 0.00 | 0.00 | 282.26 | 281.45 | 281.05 | 280.64 | 279.85 | 279.45 | 288.70 | -- | -- | 54.56 |
| Total Non-current Liabilities* | 210.21 | 266.12 | 189.70 | 291.08 | 291.10 | 9.25 | 10.19 | 293.52 | 295.04 | 295.87 | 291.43 | 292.09 | 290.33 | 290.59 | 13.90 | 14.95 | 15.93 |
| Total Liabilities | 303.16 | 298.62 | 321.50 | 321.13 | 319.26 | 340.35 | 329.12 | 327.96 | 328.80 | 346.75 | 346.03 | 325.73 | 315.67 | 323.23 | 121.12 | 122.65 | 128.12 |
| Retained Earnings | (413.20) | (425.42) | (399.02) | (386.21) | (397.76) | (386.62) | (386.84) | (396.81) | (414.97) | (399.21) | (391.14) | (386.67) | (384.47) | (372.94) | (342.47) | (329.55) | (320.64) |
| Total Stockholder Equity | 231.59 | 203.91 | 194.96 | 187.69 | 160.56 | 136.10 | 116.97 | 85.92 | 34.80 | 36.80 | 26.62 | 2.06 | (11.26) | (6.29) | 89.28 | 88.77 | 86.38 |
* 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 | 108.37 | 74.25 | 92.85 | 96.06 | 97.89 | 74.28 | 91.57 | 95.20 | 102.50 | 76.83 | 70.65 | 65.01 | 85.99 | 85.90 | 76.59 | 68.27 | 59.80 | 53.14 | 52.57 | 45.19 |
| Cost of Revenue | 44.84 | 37.79 | 44.79 | 47.73 | 41.28 | 37.60 | 45.35 | 47.63 | 44.98 | 39.28 | 36.78 | 34.24 | 42.17 | 42.37 | 36.42 | 30.84 | 28.29 | 24.37 | 23.39 | 22.18 |
| Gross Profit | 63.53 | 36.46 | 48.06 | 48.33 | 56.61 | 36.68 | 46.22 | 47.57 | 57.52 | 37.55 | 33.87 | 30.77 | 43.81 | 43.53 | 40.17 | 37.44 | 31.50 | 28.78 | 29.18 | 23.01 |
| Research & Development | 29.26 | 28.72 | 26.93 | 25.72 | 24.65 | 25.31 | 25.89 | 25.49 | 24.92 | 22.52 | 21.14 | 21.59 | 23.40 | 22.44 | 18.98 | 18.77 | 18.37 | 17.99 | 17.58 | 16.79 |
| Selling, General & Admin | 13.40 | 12.61 | 12.93 | 12.04 | 11.83 | 12.40 | 12.76 | 12.45 | 13.22 | 13.37 | 15.73 | 13.53 | 16.00 | 15.56 | 11.58 | 11.09 | 12.00 | 10.81 | 9.13 | 9.86 |
| Total Operating Expenses | 53.03 | 51.63 | 50.75 | 47.67 | 45.74 | 46.25 | 49.84 | 48.34 | 48.47 | 49.28 | 48.71 | 46.60 | 52.18 | 47.97 | 40.11 | 39.18 | 39.98 | 38.09 | 36.87 | 35.39 |
| Operating Income | 10.50 | (15.17) | (2.70) | 0.66 | 10.87 | (9.57) | (3.61) | (0.77) | 9.05 | (11.73) | (14.84) | (15.83) | (8.37) | (4.44) | 0.06 | (1.74) | (8.48) | (9.31) | (7.69) | (12.37) |
| Interest Expense | 0.63 | 0.77 | 0.80 | 1.12 | 1.23 | 1.22 | 1.22 | 1.22 | 1.22 | 1.22 | 1.22 | 1.21 | 1.21 | 1.21 | 1.21 | 1.21 | 1.25 | 1.26 | 0.97 | 0.53 |
| Pretax Income | 12.13 | (25.21) | (0.99) | (12.90) | 11.70 | (8.73) | (2.73) | 0.43 | 9.95 | 33.34 | (15.03) | (15.96) | (8.41) | (4.29) | -0.00 | (2.17) | (11.53) | (10.41) | (19.99) | (12.90) |
| Tax Provision | (0.09) | 0.05 | 0.15 | (0.09) | 0.15 | (0.28) | (0.04) | 0.21 | (0.01) | -0.00 | 0.15 | (0.19) | (0.35) | 0.07 | 0.12 | 0.02 | (0.01) | 0.05 | 0.02 | 0.03 |
| Net Income | 12.22 | (25.26) | (1.14) | (12.81) | 11.55 | (8.45) | (2.69) | 0.22 | 9.96 | 33.34 | (15.18) | (15.76) | (8.07) | (4.36) | (0.12) | (2.20) | (11.52) | (10.46) | (20.01) | (12.92) |
| Basic EPS | 0.40 | (0.83) | (0.03) | (0.44) | 0.40 | (0.30) | (0.13) | 0.01 | 0.36 | 1.22 | (0.56) | (0.59) | (0.30) | (0.17) | 0.00 | (0.09) | (0.45) | -- | -- | -- |
| Diluted EPS | 0.39 | (0.83) | (0.02) | (0.44) | 0.39 | (0.30) | (0.06) | 0.01 | 0.34 | 1.10 | (0.56) | (0.59) | (0.30) | (0.17) | 0.00 | (0.09) | (0.45) | -- | -- | -- |
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 | 31.60 | 3.98 | 15.14 | 20.89 | 33.86 | (11.14) | 12.62 | 10.07 | 45.48 | 60.14 | 1.43 | (1.70) | (22.54) | (26.56) | (6.17) | 14.45 | 7.20 | (14.84) | (3.94) | 5.43 |
| Capital Expenditures | 2.42 | 1.75 | 1.52 | 2.94 | 6.54 | 1.86 | 4.13 | 5.41 | 1.37 | 6.20 | 2.62 | 2.77 | 5.62 | 7.58 | 6.10 | 2.25 | 0.67 | 3.05 | 2.05 | 6.32 |
| Free Cash Flow* | 29.19 | 2.23 | 13.62 | 17.95 | 27.32 | (13.01) | 8.49 | 4.66 | 44.11 | 53.94 | (1.20) | (4.47) | (28.16) | (34.14) | (12.28) | 12.20 | 6.52 | (17.89) | (5.99) | (0.90) |
| Investing Cash Flow | (25.21) | 25.73 | (18.80) | 2.47 | (52.91) | 21.23 | (43.86) | (154.17) | 0.42 | 5.05 | 14.33 | 32.49 | 29.07 | 39.93 | (16.49) | (13.69) | (22.48) | (50.13) | (38.03) | 6.07 |
| Financing Cash Flow | (0.07) | (45.57) | 0.15 | (14.04) | (0.10) | 5.06 | 3.78 | 3.05 | 1.93 | 6.92 | 0.85 | 2.14 | 1.23 | 4.52 | 2.95 | 5.97 | (15.68) | 4.61 | 100.69 | 2.52 |
* Derived from reported values
