Financial Statements — REBN
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 | 0.31 | 0.27 | 0.04 | 0.08 | 0.78 | 0.11 | 0.62 | 0.07 | 0.36 | 0.34 | 0.87 | 4.73 | 0.15 |
| Accounts Receivable | 1.01 | 1.22 | 0.15 | 0.07 | 0.07 | 0.08 | 0.07 | 0.19 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory | 0.13 | 0.12 | 0.20 | 0.20 | 0.20 | 0.25 | 0.27 | 0.27 | 0.17 | 0.12 | 0.12 | 0.10 | 0.10 |
| Total Current Assets | 6.04 | 7.82 | 0.67 | 0.89 | 1.56 | 1.37 | 1.66 | 1.69 | 1.82 | 1.75 | 2.36 | 5.09 | 0.47 |
| Property, Plant & Equipment | 2.69 | 2.65 | 3.44 | 3.20 | 4.02 | 3.95 | 3.96 | 4.42 | 2.13 | 5.86 | 2.00 | 1.30 | 1.18 |
| Total Non-current Assets* | 5.77 | 6.33 | 5.53 | 5.49 | 6.51 | 3.95 | 3.96 | 9.19 | 6.62 | 10.31 | 5.81 | 4.06 | 4.12 |
| Total Assets | 11.81 | 14.15 | 6.20 | 6.38 | 8.06 | 9.64 | 10.53 | 10.88 | 8.44 | 12.06 | 8.16 | 9.15 | 4.59 |
| Accounts Payable | 0.88 | 0.65 | 0.90 | 0.75 | 0.27 | 0.53 | 0.46 | 0.51 | 0.30 | 0.29 | 0.12 | 0.02 | 0.00 |
| Short-term Debt | -- | -- | -- | -- | 0.30 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 9.28 | 8.81 | 7.95 | 6.46 | 5.62 | 3.32 | 3.71 | 3.93 | 2.57 | 2.76 | 1.28 | 1.06 | 1.63 |
| Long-term Debt | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | -- | -- | -- | -- |
| Total Non-current Liabilities* | 1.79 | 1.89 | 1.67 | 1.82 | 2.03 | 3.65 | 4.27 | 4.38 | 4.31 | 7.02 | 3.56 | 2.89 | 3.04 |
| Total Liabilities | 11.07 | 10.71 | 9.62 | 8.28 | 7.65 | 6.98 | 7.99 | 8.31 | 6.88 | 9.78 | 4.84 | 3.95 | 4.67 |
| Retained Earnings | (35.14) | (32.53) | (32.54) | (29.09) | (23.75) | (19.78) | (19.06) | (17.75) | (15.04) | (14.29) | (13.00) | (10.90) | (9.98) |
| Total Stockholder Equity* | 0.74 | 3.45 | (3.42) | (1.91) | 0.42 | 2.67 | 2.54 | 2.57 | 1.56 | 2.28 | 3.32 | 5.20 | (0.08) |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 6.32 | 5.21 | 3.21 | 1.36 | 1.83 | 1.69 | 1.78 | 1.26 | 1.37 | 1.52 | 1.80 | 1.49 | 1.49 | 1.11 | 0.85 | 0.83 | 0.78 |
| Cost of Revenue* | 4.63 | 2.59 | -- | -- | -- | 0.02 | 0.08 | -- | 0.25 | 0.02 | 0.08 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 |
| Gross Profit* | 1.69 | 2.62 | -- | -- | -- | 1.67 | 1.70 | -- | 1.13 | 1.50 | 1.72 | 1.50 | 1.51 | 1.12 | 0.85 | 0.68 | 0.78 |
| Selling, General & Admin | 2.39 | 2.44 | 0.59 | 2.23 | 2.46 | 2.47 | 2.50 | 1.54 | 2.31 | 2.00 | 2.28 | 1.79 | 2.19 | 1.70 | 1.71 | 1.49 | 1.43 |
| Total Operating Expenses* | 3.27 | 3.49 | -- | -- | -- | 3.37 | 3.39 | -- | 2.41 | 2.36 | 2.71 | 2.24 | 2.71 | 2.07 | 2.00 | 1.75 | 1.71 |
| Operating Income | (1.58) | (0.87) | 3.36 | (3.05) | (4.41) | (1.70) | (1.69) | (0.72) | (1.34) | (0.86) | (0.99) | (0.73) | (1.20) | (0.95) | (1.14) | (0.90) | (0.93) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.02 | 0.09 | 0.01 | (0.01) | 0.02 | 0.01 |
| Pretax Income | (2.55) | (1.49) | 2.08 | (3.45) | (5.34) | (2.19) | (1.78) | (0.72) | (1.32) | (0.99) | (1.00) | (0.74) | (1.29) | (0.96) | (1.13) | (0.92) | (0.94) |
| Tax Provision | 0.16 | -- | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | (0.01) | 0.01 | -- | -- | -- | -- | -- |
| Net Income | (2.61) | (1.83) | 1.84 | (3.45) | (5.34) | (2.19) | (1.78) | (0.72) | (1.32) | (0.99) | (0.99) | (0.75) | (1.29) | (0.96) | (1.13) | (0.92) | (0.94) |
| Basic EPS | (0.32) | -- | 0.57 | (0.68) | (1.15) | (0.47) | (0.28) | (0.30) | (0.48) | (0.60) | (0.06) | (0.06) | (0.10) | (0.08) | (0.09) | (0.08) | (0.08) |
| Diluted EPS | (0.32) | -- | 0.57 | (0.68) | (1.15) | (0.47) | (0.28) | (0.30) | (0.48) | (0.60) | (0.06) | (0.06) | (0.10) | (0.08) | (0.09) | (0.08) | (0.08) |
* Derived from reported values
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 | (2.04) | 0.36 | (1.71) | (1.62) | (3.64) | 0.46 | (0.13) | (0.42) | (0.96) | (1.93) | 0.20 | (0.71) | (0.62) | (1.66) | (1.30) | (0.80) | (1.20) |
| Capital Expenditures | (0.02) | 0.14 | (0.03) | 0.00 | 0.09 | -- | 0.47 | -0.00 | (0.35) | 0.99 | 0.27 | (3.67) | 3.95 | 0.47 | 0.35 | 0.16 | 0.17 |
| Free Cash Flow* | (2.02) | 0.22 | (1.68) | (1.62) | (3.72) | -- | (0.60) | (0.42) | (0.62) | (2.92) | (0.07) | 2.96 | (4.57) | (2.13) | (1.65) | (0.96) | (1.37) |
| Investing Cash Flow | 1.45 | (3.28) | (3.17) | 0.00 | 0.19 | 0.00 | (0.34) | 0.00 | 0.35 | (0.99) | (0.27) | 3.67 | (3.95) | (0.47) | (0.35) | (0.16) | (0.17) |
| Financing Cash Flow | 0.63 | 0.59 | 7.43 | 1.59 | 2.75 | 0.15 | 0.52 | (0.09) | 1.16 | 2.83 | 0.39 | (2.94) | 4.03 | (0.01) | (0.06) | 5.54 | 0.61 |
* Derived from reported values