Financial Statements — PXLW
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 | 52.89 | 57.82 | 14.61 | 14.26 | 18.50 | 28.83 | 37.82 | 46.19 | 50.32 | 54.48 | 62.84 | 57.62 | 49.57 | 55.16 | 66.56 | 23.62 | 25.44 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Accounts Receivable | -- | -- | 5.68 | 5.06 | 5.37 | 4.50 | 4.91 | 7.35 | 10.16 | 7.42 | 7.92 | 10.77 | 12.43 | 8.56 | 6.09 | 6.35 | 5.52 |
| Inventory | -- | -- | 3.15 | 4.08 | 5.00 | 4.40 | 5.02 | 3.36 | 5.91 | 5.53 | 2.31 | 2.72 | 2.20 | 1.79 | 1.60 | 1.58 | 1.67 |
| Total Current Assets | 53.41 | 59.15 | 25.33 | 25.58 | 30.59 | 39.73 | 49.98 | 59.00 | 68.69 | 70.12 | 75.58 | 72.62 | 66.22 | 68.68 | 76.25 | 33.44 | 34.55 |
| Property, Plant & Equipment | 0.22 | 0.25 | 4.22 | 4.75 | 5.86 | 7.60 | 7.05 | 7.66 | 6.56 | 7.19 | 7.43 | 3.83 | 4.85 | 5.38 | 5.53 | 3.90 | 4.38 |
| Goodwill | -- | -- | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 | 18.41 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 | 0.63 | 0.90 |
| Total Non-current Assets* | 0.70 | 0.85 | 25.19 | 26.23 | 27.87 | 31.40 | 31.66 | 32.81 | 32.48 | 33.92 | 34.22 | 29.68 | 30.57 | 31.67 | 30.66 | 29.94 | 31.32 |
| Total Assets | 54.11 | 60.00 | 50.52 | 51.80 | 58.46 | 71.13 | 81.63 | 91.81 | 101.17 | 104.04 | 109.80 | 102.30 | 96.79 | 100.35 | 106.90 | 63.38 | 65.88 |
| Accounts Payable | 0.52 | 0.21 | 1.68 | 1.93 | 1.66 | 1.94 | 2.50 | 3.82 | 4.36 | 1.43 | 2.20 | 2.35 | 3.58 | 3.70 | 2.77 | 2.66 | 1.73 |
| Total Current Liabilities | 1.50 | 2.10 | 9.77 | 9.14 | 8.83 | 9.90 | 11.87 | 12.35 | 14.70 | 10.88 | 10.84 | 12.57 | 14.34 | 13.66 | 18.30 | 11.55 | 10.40 |
| Total Non-current Liabilities* | 0.63 | 0.68 | 13.83 | 14.31 | 15.16 | 17.07 | 18.24 | 18.41 | 18.87 | 19.61 | 20.52 | 17.07 | 17.50 | 18.42 | 15.95 | 7.42 | 8.18 |
| Total Liabilities | 2.13 | 2.77 | 23.60 | 23.45 | 24.00 | 26.97 | 30.11 | 30.76 | 33.56 | 30.49 | 31.36 | 29.64 | 31.83 | 32.08 | 34.24 | 18.97 | 18.59 |
| Retained Earnings | (450.59) | (447.79) | (524.78) | (520.35) | (513.64) | (500.52) | (492.38) | (482.23) | (473.42) | (466.42) | (460.38) | (449.05) | (444.55) | (439.55) | (431.66) | (427.59) | (423.21) |
| Total Stockholder Equity | 51.98 | 57.23 | (23.93) | (22.44) | (15.97) | (8.03) | 0.49 | 9.45 | 16.23 | 21.59 | 24.02 | 33.72 | 35.10 | 36.74 | 42.37 | 44.41 | 47.29 |
* 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 | 0.06 | 0.45 | (23.42) | 8.77 | 8.25 | 7.09 | 9.09 | 9.53 | 8.54 | 16.05 | 20.07 | 16.03 | 13.61 | 9.97 | 16.89 | 17.55 | 19.08 | 16.63 | 16.59 | 15.20 |
| Cost of Revenue | 0.03 | 0.19 | (12.41) | 4.40 | 4.47 | 3.64 | 4.12 | 4.65 | 4.21 | 7.94 | 11.10 | 9.15 | 8.12 | 5.60 | 7.91 | 8.76 | 9.73 | 7.87 | 7.71 | 7.21 |
| Gross Profit | 0.04 | 0.25 | (11.01) | 4.37 | 3.78 | 3.45 | 4.97 | 4.88 | 4.33 | 8.11 | 8.98 | 6.88 | 5.48 | 4.37 | 8.97 | 8.80 | 9.35 | 8.76 | 8.87 | 7.99 |
| Research & Development | 1.20 | 0.97 | (14.55) | 5.72 | 6.00 | 6.52 | 6.92 | 8.40 | 7.94 | 8.07 | 6.95 | 8.75 | 6.51 | 8.67 | 6.40 | 8.45 | 8.52 | 7.16 | 7.00 | 6.79 |
| Selling, General & Admin | 2.11 | 2.20 | (4.90) | 4.27 | 4.44 | 4.63 | 4.43 | 5.02 | 5.72 | 5.53 | 6.15 | 5.78 | 5.47 | 6.07 | 5.59 | 5.08 | 6.02 | 5.48 | 5.60 | 5.10 |
| Total Operating Expenses | 3.40 | 5.16 | (20.48) | 9.99 | 11.08 | 11.55 | 11.46 | 13.51 | 15.07 | 13.61 | 13.10 | 14.53 | 11.98 | 14.74 | 11.98 | 13.53 | 14.55 | 12.64 | 12.60 | 11.89 |
| Operating Income | (3.36) | (4.91) | 9.46 | (5.62) | (7.30) | (8.10) | (6.49) | (8.63) | (10.74) | (5.49) | (4.13) | (7.65) | (6.49) | (10.37) | (3.01) | (4.73) | (5.20) | (3.88) | (3.73) | (3.90) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.02 | 0.01 |
| Pretax Income | (2.79) | (4.59) | 11.09 | (5.10) | (6.43) | (7.99) | (5.25) | (8.34) | (10.41) | (5.06) | (3.69) | (7.17) | (6.02) | (9.70) | (2.74) | (4.57) | (5.10) | (3.72) | (3.56) | (3.85) |
| Tax Provision | 0.01 | (0.02) | (0.20) | (0.51) | 0.49 | 0.03 | 0.22 | 0.13 | 0.03 | 0.11 | 0.04 | 0.16 | 0.13 | 0.03 | (1.13) | (0.07) | (0.09) | 0.40 | (0.45) | (0.01) |
| Net Income | (2.80) | 80.58 | (3.60) | (4.43) | (6.71) | (7.76) | (5.36) | (8.14) | (10.15) | (5.07) | (3.74) | (7.00) | (6.04) | (9.40) | (1.93) | (4.50) | (5.01) | (4.59) | (3.29) | (4.07) |
| Basic EPS | (0.44) | 12.69 | (1.87) | (0.81) | (1.27) | (0.13) | (0.09) | (0.14) | (0.17) | (0.09) | (0.07) | (0.12) | (0.11) | (0.17) | (0.04) | (0.08) | (0.09) | -- | -- | -- |
| Diluted EPS | (0.44) | 12.46 | (1.87) | (0.81) | (1.27) | (0.13) | (0.09) | (0.14) | (0.17) | (0.09) | (0.07) | (0.12) | (0.11) | (0.17) | (0.04) | (0.08) | (0.09) | -- | -- | -- |
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 | (1.71) | (4.58) | (6.48) | (2.86) | (4.55) | (6.72) | (5.60) | (7.81) | (5.58) | (0.81) | (1.79) | (3.18) | (7.34) | (6.50) | (1.33) | (1.69) | (4.60) | (5.22) | (6.17) | 5.06 |
| Capital Expenditures | 0.03 | 0.11 | 0.05 | 0.16 | 0.22 | 0.02 | 0.11 | 0.78 | 2.48 | 0.39 | 0.39 | 0.74 | 0.70 | 2.01 | 0.31 | 0.45 | 0.30 | 0.54 | 1.18 | 1.90 |
| Free Cash Flow* | (1.74) | (4.69) | (6.52) | (3.02) | (4.78) | (6.73) | (5.71) | (8.60) | (8.06) | (1.20) | (2.18) | (3.92) | (8.04) | (8.51) | (1.64) | (2.14) | (4.90) | (5.76) | (7.35) | 3.16 |
| Investing Cash Flow | (0.03) | 44.33 | 2.96 | (0.16) | 0.53 | (0.02) | 0.53 | (0.78) | (2.48) | (0.39) | (0.55) | (0.74) | (0.70) | (2.00) | (0.30) | (0.91) | (0.74) | (1.06) | (1.18) | (1.90) |
| Financing Cash Flow | (3.19) | 0.01 | 6.98 | 3.38 | (0.23) | 1.59 | (0.11) | (0.40) | (0.31) | (0.15) | (0.44) | (0.24) | (0.32) | 14.53 | 0.84 | 10.64 | (0.26) | (0.15) | 2.38 | 39.78 |
* Derived from reported values
