Financial Statements — RGC
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Cash & Equivalents | 2.42 | 2.96 | 1.56 | 6.42 | 0.06 |
| Short-term Investments | 2.48 | 5.00 | 10.00 | 10.00 | -- |
| Total Current Assets | 4.90 | 8.11 | 11.62 | 16.44 | 0.07 |
| Property, Plant & Equipment | 0.22 | 0.14 | 0.44 | 0.71 | 0.08 |
| Total Non-current Assets | 0.85 | 0.32 | 1.00 | 1.57 | 0.27 |
| Total Assets | 5.76 | 8.44 | 12.62 | 18.02 | 0.34 |
| Short-term Debt | -- | -- | 3.00 | -- | -- |
| Total Current Liabilities | 0.66 | 0.19 | 0.61 | 0.58 | 4.34 |
| Total Non-current Liabilities* | 0.23 | 0.03 | 0.03 | 0.36 | 0.00 |
| Total Liabilities | 0.90 | 0.22 | 0.63 | 0.94 | 4.34 |
| Retained Earnings | (25.20) | (21.62) | (17.32) | (11.44) | (4.00) |
| Total Stockholder Equity | 4.86 | 8.22 | 12.03 | 17.07 | (4.00) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Research & Development | 0.95 | 1.07 | 1.58 | 2.51 | 0.44 |
| Selling, General & Admin | 2.81 | 3.55 | 4.43 | 5.08 | 0.94 |
| Total Operating Expenses | 3.77 | 4.74 | 6.27 | 7.62 | 1.38 |
| Operating Income | (3.77) | (4.74) | (6.27) | (7.62) | (1.38) |
| Pretax Income | (3.58) | (4.36) | (6.06) | (7.59) | (1.35) |
| Net Income | (3.58) | (4.30) | (5.87) | (7.59) | (1.35) |
| Basic EPS | (0.72) | (0.33) | 0.45 | 0.58 | -- |
| Diluted EPS | (0.72) | (0.33) | (0.45) | (0.58) | -- |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Operating Cash Flow | (3.11) | (4.00) | (4.96) | (5.27) | (0.77) |
| Capital Expenditures | 0.15 | 0.01 | 0.03 | 0.78 | 0.12 |
| Free Cash Flow* | (3.27) | (4.01) | (4.99) | (6.05) | (0.89) |
| Investing Cash Flow | 2.69 | 5.24 | 0.06 | (10.78) | (0.12) |
| Financing Cash Flow | -- | 0.10 | 0.13 | 22.41 | 0.44 |
* Derived from reported values
