Financial Statements — PMN
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 |
|---|
| Cash & Equivalents | 53.43 | 63.81 | 15.40 | 4.51 | 8.36 | 21.54 | 0.99 | 2.50 | 16.87 | 1.22 | 3.33 | 3.92 | 8.90 |
| Short-term Investments | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Total Current Assets | 56.69 | 65.61 | 21.46 | 9.51 | 13.65 | 24.51 | 1.41 | 3.55 | 17.86 | 1.48 | 4.41 | 5.36 | 10.16 |
| Property, Plant & Equipment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total Non-current Assets* | 0.00 | 1.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 |
| Total Assets | 56.69 | 67.41 | 21.46 | 9.51 | 13.65 | 24.51 | 1.41 | 3.55 | 17.88 | 1.50 | 4.43 | 5.38 | 10.19 |
| Accounts Payable | 1.79 | 1.72 | 4.21 | 2.78 | 1.20 | 1.58 | 2.02 | 1.40 | 8.41 | 7.96 | 6.99 | 1.79 | 0.89 |
| Total Current Liabilities | 7.22 | 6.61 | 12.21 | 9.82 | 4.06 | 2.64 | 3.17 | 2.65 | 9.85 | 8.74 | 8.71 | 3.10 | 1.87 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.91 |
| Total Non-current Liabilities* | 0.08 | 0.08 | 0.06 | 0.07 | 0.12 | 14.60 | 0.51 | 0.83 | 1.27 | 1.29 | 1.90 | 1.55 | 1.61 |
| Total Liabilities | 7.29 | 6.69 | 12.27 | 9.89 | 4.17 | 17.24 | 3.69 | 3.47 | 11.12 | 10.03 | 10.61 | 4.65 | 3.48 |
| Retained Earnings | (150.38) | (138.65) | (119.73) | (108.15) | (98.03) | (90.45) | (99.72) | (97.10) | (89.89) | (87.52) | (85.21) | (72.99) | (67.03) |
| Total Stockholder Equity | 49.40 | 60.72 | 9.19 | (0.38) | 9.47 | 7.27 | (2.28) | 0.08 | 6.75 | (8.53) | (6.18) | 0.73 | 6.71 |
* 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 |
|---|
| Research & Development | 9.52 | 6.97 | 9.37 | 9.80 | 8.75 | 5.46 | 4.32 | 2.56 | 1.63 | 2.12 | 2.23 | 1.14 | 1.01 | 3.51 | 6.38 | 4.57 | 3.23 |
| Selling, General & Admin | 2.74 | 1.67 | 1.40 | 1.95 | 1.43 | 2.00 | 1.68 | 1.87 | 1.09 | 1.55 | 1.65 | 1.38 | 1.89 | 1.46 | 2.14 | 1.48 | 1.64 |
| Total Operating Expenses | 12.27 | 8.64 | 10.77 | 11.75 | 10.18 | 7.46 | 6.00 | 4.43 | 2.71 | 3.68 | 3.87 | 2.52 | 2.90 | 4.97 | 8.52 | 6.05 | 4.86 |
| Operating Income | (12.27) | (8.64) | (10.77) | (11.75) | (10.18) | (7.46) | (6.00) | (4.43) | (2.71) | (3.68) | (3.87) | (2.52) | (2.90) | (4.97) | (8.52) | (6.05) | (4.86) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 0.08 | 0.05 | 0.08 | -- | -- | -- | -- | -- | 0.14 | 0.13 |
| Net Income | (11.73) | (8.24) | (10.67) | (11.58) | (10.12) | (7.35) | (0.24) | 9.28 | (2.62) | (3.64) | (3.58) | (2.36) | (2.31) | (4.96) | (7.27) | (5.96) | (2.75) |
| Basic EPS | (1.28) | (1.26) | (21.87) | (0.24) | (0.29) | (0.21) | 0.12 | 0.31 | (0.13) | (0.19) | (0.03) | (0.19) | (0.27) | (0.58) | (0.90) | (0.85) | (0.38) |
| Diluted EPS | (1.28) | (1.26) | (21.87) | (0.24) | (0.29) | (0.21) | 0.12 | 0.31 | (0.13) | (0.19) | (0.03) | (0.19) | (0.27) | (0.58) | (0.90) | (0.85) | (0.38) |
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 |
|---|
| Operating Cash Flow | (10.39) | (12.38) | (9.28) | (10.06) | (3.85) | (4.93) | (8.72) | (6.67) | (1.50) | (10.29) | (3.76) | (2.38) | (2.15) | (2.56) | (4.55) | (4.64) | (7.84) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -0.00 | -0.00 | 0.00 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (2.56) | (4.55) | (4.64) | (7.85) |
| Investing Cash Flow | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -0.00 | 0.00 | 0.00 | -0.00 |
| Financing Cash Flow | 0.00 | 70.08 | -0.00 | 20.94 | -- | -- | 0.47 | 27.22 | 0.00 | 0.19 | (0.51) | 18.26 | -- | -- | 0.00 | 18.64 | 6.88 |
* Derived from reported values
