Financial Statements — PXS
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q3
2022 | Q2
2022 |
|---|
| Cash & Equivalents | 27.45 | 25.41 | 32.05 | 4.25 | 3.64 |
| Short-term Investments | 14.00 | 17.00 | -- | -- | -- |
| Accounts Receivable | 2.47 | 5.22 | 4.15 | 9.04 | 5.27 |
| Inventory | 1.43 | 2.11 | 0.86 | 2.82 | 3.47 |
| Total Current Assets | 46.09 | 51.10 | 37.99 | 18.66 | 14.94 |
| Property, Plant & Equipment | 136.73 | 143.83 | 95.47 | 115.72 | 117.26 |
| Total Non-current Assets* | 140.51 | 147.49 | 98.73 | 119.39 | 120.83 |
| Total Assets | 186.59 | 198.59 | 136.73 | 138.05 | 135.77 |
| Accounts Payable | 2.06 | 1.94 | 2.11 | 3.49 | 5.59 |
| Total Current Liabilities | 15.28 | 12.85 | 10.55 | 16.66 | 18.03 |
| Long-term Debt | 81.29 | 89.18 | 59.55 | 67.28 | 68.85 |
| Total Non-current Liabilities | 73.17 | 80.85 | 53.39 | 66.51 | 67.97 |
| Total Liabilities* | 94.58 | 100.40 | 63.93 | 83.17 | 85.99 |
| Retained Earnings | (5.91) | (5.82) | (39.04) | (57.00) | (62.11) |
| Total Stockholder Equity | 92.01 | 98.19 | 72.79 | 54.88 | 49.77 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q3
2022 | Q2
2022 |
|---|
| Total Revenue | 18.76 | 25.72 | 21.12 | 39.97 | 22.97 |
| Selling, General & Admin | 4.57 | 1.55 | 2.00 | 1.89 | 1.31 |
| Operating Income | 0.69 | 10.71 | 14.61 | 9.23 | 2.90 |
| Interest Expense | -- | -- | 0.07 | 0.34 | 0.00 |
| Net Income | (1.24) | 8.84 | 11.87 | 6.69 | 1.36 |
| Basic EPS | (0.12) | 0.81 | 1.06 | 0.57 | 0.09 |
| Diluted EPS | (0.12) | 0.73 | 0.94 | 0.53 | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q3
2022 | Q2
2022 |
|---|
| Operating Cash Flow | 7.55 | 10.68 | 12.27 | 3.18 | 0.77 |
| Capital Expenditures | -- | -- | -- | 3.00 | 3.00 |
| Free Cash Flow* | -- | -- | -- | 0.18 | (2.22) |
| Investing Cash Flow | 2.82 | (41.99) | 24.27 | 4.96 | 4.96 |
| Financing Cash Flow | (4.16) | 22.54 | (12.28) | (11.16) | (9.37) |
* Derived from reported values
