Financial Statements — QTTB
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 | 106.27 | 50.75 | 49.04 | 54.83 | 65.48 | 89.08 | 97.66 | 115.51 | 29.11 | 76.80 | 39.45 | 43.16 | 176.19 | 248.13 | 95.83 | 116.31 | 104.42 |
| Short-term Investments | -- | -- | -- | -- | -- | 0.00 | -- | 0.00 | 74.19 | 50.27 | 110.57 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 109.65 | 57.20 | 50.81 | 58.32 | 68.63 | 93.90 | 111.62 | 138.04 | 106.64 | 131.34 | 153.58 | 213.20 | 238.44 | 262.45 | 191.82 | 217.94 | 191.65 |
| Property, Plant & Equipment | 0.80 | 0.89 | 1.07 | 1.16 | 1.25 | 1.49 | 1.55 | 1.66 | 0.00 | 0.85 | 1.06 | 1.42 | 1.72 | 1.99 | 32.70 | 34.38 | 36.15 |
| Total Non-current Assets* | 6.22 | 6.47 | 6.97 | 7.79 | 10.44 | 10.64 | 12.59 | 14.29 | 33.43 | 38.00 | 44.30 | 49.45 | 46.17 | 48.51 | 39.00 | 40.98 | 43.05 |
| Total Assets | 115.87 | 63.68 | 57.78 | 66.12 | 79.07 | 104.54 | 124.21 | 152.33 | 140.06 | 169.34 | 197.88 | 262.65 | 284.61 | 310.96 | 230.82 | 258.92 | 234.70 |
| Accounts Payable | 1.57 | 0.65 | 0.97 | 0.91 | 2.71 | 1.26 | 2.48 | 4.96 | 7.80 | 3.39 | 3.64 | 4.84 | 3.76 | 9.89 | 3.52 | 5.70 | 4.88 |
| Total Current Liabilities | 5.40 | 10.67 | 11.11 | 11.53 | 14.58 | 14.38 | 17.19 | 32.95 | 25.29 | 22.94 | 18.51 | 25.25 | 20.73 | 20.80 | 18.70 | 19.53 | 17.81 |
| Total Non-current Liabilities* | 4.56 | 6.69 | 65.12 | 66.82 | 68.51 | 71.86 | 73.50 | 70.61 | 26.56 | 27.02 | 27.48 | 28.34 | 23.59 | 23.90 | 13.54 | 14.81 | 16.06 |
| Total Liabilities | 9.96 | 17.36 | 76.23 | 78.35 | 83.09 | 86.25 | 90.70 | 103.57 | 51.85 | 49.96 | 45.98 | 53.59 | 44.32 | 44.70 | 32.24 | 34.34 | 33.87 |
| Retained Earnings | (221.55) | (212.60) | (262.72) | (255.33) | (245.84) | (220.62) | (203.03) | (186.05) | (525.98) | (493.02) | (457.98) | (394.84) | (361.12) | (332.03) | (390.55) | (359.94) | (329.44) |
| Total Stockholder Equity | 105.91 | 46.31 | (18.45) | (12.23) | (4.01) | 18.30 | 33.51 | 48.77 | 88.21 | 119.38 | 151.90 | 209.06 | 240.29 | 266.25 | 198.57 | 224.58 | 200.83 |
* 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 | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.80 | 0.80 | 0.80 | 0.80 | 0.80 | 0.80 | 1.68 |
| Research & Development | 4.26 | 3.22 | 3.32 | 3.56 | 5.16 | 7.12 | 10.55 | 14.35 | 13.41 | 9.84 | 1.51 | 17.52 | 22.98 | 19.99 | 27.15 | 25.85 | 21.08 | 24.27 | 23.65 | 23.99 |
| Selling, General & Admin | 4.86 | 4.50 | 4.54 | 4.02 | 4.01 | 5.10 | 3.98 | 4.47 | 4.51 | 5.00 | 7.90 | 6.84 | 8.19 | 8.32 | 8.15 | 7.81 | 8.03 | 14.15 | 10.78 | 8.35 |
| Total Operating Expenses | 9.12 | 7.72 | 7.86 | 7.58 | 9.17 | 12.23 | 14.53 | 18.81 | 17.92 | 14.84 | 12.10 | 31.00 | 31.17 | 28.31 | 35.30 | 33.66 | 29.11 | 38.42 | 34.43 | 32.34 |
| Operating Income | (9.12) | (7.72) | 45.88 | (7.58) | (9.17) | (12.23) | (14.53) | (18.81) | (17.92) | (14.84) | (12.10) | (31.00) | (30.82) | (27.51) | (34.49) | (32.86) | (28.31) | (37.62) | (33.62) | (30.66) |
| Pretax Income | -- | -- | 57.73 | (7.39) | (9.49) | (11.03) | (14.17) | (17.59) | (15.53) | 1.21 | (2.15) | (29.58) | (29.30) | (26.04) | (33.04) | (31.59) | (27.83) | 93.66 | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.83 | (0.05) | (0.10) | (0.97) | 0.00 | -- |
| Net Income | (8.95) | (7.61) | 57.73 | (7.39) | (9.49) | (11.03) | (14.19) | (17.59) | (16.98) | 1.03 | (16.12) | (32.95) | (35.04) | (28.84) | (34.29) | (33.73) | (29.09) | 92.11 | (33.58) | (30.61) |
| Basic EPS | (0.44) | (0.54) | 4.70 | (0.60) | (0.78) | (0.90) | (3.27) | (1.46) | (1.42) | 1.03 | (0.27) | (0.57) | (0.61) | (0.50) | (0.60) | (0.59) | (0.51) | 1.61 | -- | -- |
| Diluted EPS | (0.44) | (0.54) | 4.70 | (0.60) | (0.78) | (0.90) | 2.63 | (1.46) | (1.42) | (6.33) | (0.27) | (0.57) | (0.61) | (0.50) | (0.58) | (0.59) | (0.51) | 1.59 | -- | -- |
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 | (3.07) | (6.34) | (6.18) | (4.23) | (10.65) | (12.48) | (11.43) | (19.52) | (22.21) | (14.55) | (21.57) | (24.94) | (23.66) | (26.05) | (27.20) | (24.93) | (30.85) | (30.68) | (30.43) | (25.39) |
| Capital Expenditures | -- | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.06 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.23 | 0.01 | 0.01 | 0.12 | 1.15 | 0.34 | 0.48 |
| Free Cash Flow* | -- | -- | (6.18) | (4.23) | (10.65) | -- | (11.43) | (19.58) | (22.23) | (14.55) | (21.57) | (24.94) | (23.66) | (26.28) | (27.21) | (24.94) | (30.97) | (31.83) | (30.77) | (25.86) |
| Investing Cash Flow | 0.00 | 0.00 | 7.00 | 0.00 | 0.00 | 0.00 | -0.00 | 9.94 | 9.89 | 0.10 | 31.72 | (22.76) | 61.00 | 31.37 | 17.99 | (108.22) | (41.37) | 168.31 | 43.66 | 4.52 |
| Financing Cash Flow | 58.59 | 8.80 | (1.56) | (1.56) | 0.00 | -- | 0.32 | 1.00 | (5.52) | 99.35 | 0.01 | 0.02 | 0.00 | 0.15 | 0.03 | 0.12 | 0.00 | 0.44 | 0.00 | 0.38 |
* Derived from reported values
