Financial Statements — RKDA
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 | 4.18 | 0.95 | 1.12 | 1.38 | 3.16 | 3.94 | 5.50 | 3.32 | 10.61 | 13.48 | 23.00 | 22.72 | 21.23 | 24.55 | 35.53 | 43.98 | 32.85 |
| Short-term Investments | 0.00 | 2.77 | 4.76 | 3.07 | -- | 2.64 | 2.60 | 5.18 | 5.09 | 5.02 | -- | -- | -- | -- | -- | -- | 19.09 |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.85 | 2.77 | 1.45 | 1.15 | 1.11 |
| Inventory | 0.93 | 0.84 | 1.46 | 1.49 | 1.29 | 0.84 | 0.98 | 1.83 | 2.66 | 3.16 | 2.59 | 3.34 | 3.28 | 3.24 | 5.45 | 3.90 | 2.66 |
| Total Current Assets | 5.74 | 5.17 | 8.39 | 7.58 | 8.85 | 10.71 | 12.43 | 11.64 | 20.01 | 23.34 | 27.21 | 30.03 | 30.06 | 31.50 | 43.83 | 50.92 | 56.61 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.01 | 0.01 | 0.03 | 0.06 | 0.05 | 0.33 | 0.47 | 0.56 | 0.62 | 0.85 | 0.95 | 1.47 | 2.63 | 3.74 | 3.48 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.65 | 1.65 | 0.41 |
| Intangible Assets | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.14 | 0.16 | 0.18 | 0.97 | 1.12 | 0.30 |
| Total Non-current Assets* | 0.15 | 0.15 | 0.20 | 0.21 | 4.14 | 4.53 | 4.93 | 4.40 | 3.46 | 3.46 | 3.21 | 4.44 | 4.95 | 7.30 | 15.39 | 19.88 | 14.19 |
| Total Assets | 5.89 | 5.32 | 8.58 | 7.79 | 12.99 | 15.24 | 17.37 | 16.05 | 23.47 | 26.80 | 30.41 | 34.47 | 35.01 | 38.80 | 59.23 | 70.80 | 70.80 |
| Accounts Payable | 1.38 | 1.10 | 2.02 | 1.56 | 1.90 | 1.69 | 1.56 | 1.73 | 2.60 | 2.78 | 2.79 | 2.75 | 3.39 | 3.44 | 5.00 | 5.19 | 3.42 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.04 | 1.14 | 1.14 |
| Total Current Liabilities | 1.65 | 1.37 | 2.29 | 1.84 | 2.22 | 2.33 | 2.70 | 2.88 | 3.89 | 4.09 | 4.10 | 4.05 | 4.74 | 4.81 | 6.49 | 7.65 | 5.62 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.11 | 1.23 | 1.24 |
| Total Non-current Liabilities* | 3.61 | 1.07 | 0.86 | 1.42 | 1.87 | 2.76 | 3.11 | 2.69 | 4.18 | 4.98 | 9.62 | 5.40 | 3.50 | 3.75 | 12.52 | 20.47 | 19.48 |
| Total Liabilities | 5.26 | 2.44 | 3.14 | 3.26 | 4.09 | 5.09 | 5.80 | 5.56 | 8.07 | 9.07 | 13.72 | 9.46 | 8.24 | 8.56 | 19.01 | 28.12 | 25.10 |
| Retained Earnings | (291.87) | (285.60) | (279.88) | (280.74) | (276.28) | (274.81) | (273.20) | (274.26) | (268.99) | (266.42) | (267.24) | (253.61) | (250.75) | (246.97) | (217.20) | (215.03) | (209.77) |
| Total Stockholder Equity* | 0.63 | 2.89 | 5.44 | 4.53 | 8.90 | 10.29 | 11.70 | 10.62 | 15.54 | 17.87 | 16.83 | 25.07 | 26.81 | 30.26 | 39.85 | 41.64 | 44.50 |
* 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 | 1.44 | 1.10 | 0.90 | 1.30 | 1.46 | 1.20 | 0.95 | 1.54 | 1.31 | 1.25 | 0.84 | 1.60 | 1.39 | 1.51 | 1.00 | 1.88 | 3.86 | 3.22 | 2.17 | 2.38 |
| Cost of Revenue* | 0.81 | 0.70 | 0.71 | 0.88 | 0.82 | 0.68 | 0.48 | 1.03 | 0.63 | 0.82 | 0.39 | 1.10 | 0.98 | 0.83 | 1.55 | 1.34 | 3.45 | 3.46 | 3.75 | 2.51 |
| Gross Profit | 0.63 | 0.40 | 0.19 | 0.42 | 0.63 | 0.52 | 0.47 | 0.51 | 0.67 | 0.44 | 0.44 | 0.50 | 0.41 | 0.68 | (0.55) | 0.53 | 0.41 | (0.24) | (1.58) | (0.13) |
| Research & Development | 0.00 | -- | 0.00 | 0.00 | 0.01 | 0.00 | (0.25) | 0.02 | 0.01 | 0.27 | 0.33 | 0.31 | 0.39 | 0.36 | 0.50 | 0.26 | 0.36 | 0.40 | 0.56 | 1.04 |
| Selling, General & Admin | 1.13 | 1.18 | 1.57 | 1.57 | 2.12 | 1.74 | 1.53 | 2.24 | 2.68 | 3.19 | 2.86 | 3.44 | 3.82 | 4.39 | 4.21 | 4.84 | 4.65 | 4.35 | 6.19 | 6.31 |
| Total Operating Expenses | 1.13 | 1.18 | 1.57 | 1.57 | 1.13 | (0.01) | 1.27 | 2.27 | (1.31) | 3.50 | 3.30 | 3.74 | 4.20 | 4.73 | 5.28 | 5.11 | 4.19 | 4.39 | 7.27 | 11.09 |
| Operating Income | (0.50) | (0.78) | (1.38) | (1.15) | (0.50) | 0.53 | (0.80) | (1.76) | 1.98 | (3.06) | (2.86) | (3.24) | (3.79) | (4.05) | (5.83) | (4.58) | (3.78) | (4.62) | (13.80) | (8.71) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -0.00 | 0.02 |
| Pretax Income | -- | -- | -- | -- | -- | -- | (4.03) | (1.18) | 1.85 | -- | (2.62) | (2.48) | -- | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | -- | -- | -- | -- | -- | -- | 0.01 | 0.00 | 0.00 | -- | 0.01 | 0.00 | 0.00 | -- | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (6.27) | (4.38) | (1.34) | 0.86 | (4.46) | 2.60 | (4.06) | (1.61) | 1.06 | (2.42) | (2.85) | (2.57) | 0.82 | (9.38) | (4.24) | (2.87) | (3.78) | (4.49) | (9.28) | (2.17) |
| Basic EPS | (2.09) | (2.11) | (0.98) | 0.63 | (3.26) | 1.90 | (2.99) | (1.18) | 0.78 | (1.78) | -- | (1.89) | 0.61 | (10.86) | (25.16) | (0.12) | (0.17) | (0.20) | -- | -- |
| Diluted EPS | (2.09) | (2.11) | (0.97) | 0.62 | (3.26) | 1.90 | (2.99) | (1.18) | 0.78 | (1.78) | -- | (1.89) | 0.61 | (10.86) | (25.16) | (0.12) | (0.17) | (0.20) | -- | -- |
* 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 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (0.32) | (1.10) | (0.86) | (0.26) | (2.03) | (1.59) | (2.21) | (1.75) | (2.46) | (3.21) | (4.14) | (2.88) | (4.80) | (3.47) | (2.36) | (3.37) | (3.36) | (4.88) | (6.66) | (8.27) |
| Capital Expenditures | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.03 | 0.00 | 0.01 | 0.04 | 0.09 | 0.21 |
| Free Cash Flow* | -- | -- | (0.86) | (0.26) | (2.03) | (1.59) | (2.21) | (1.75) | (2.46) | (3.22) | (4.14) | (2.88) | (4.80) | (3.47) | (2.38) | (3.37) | (3.37) | (4.92) | (6.75) | (8.47) |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.50 | 2.52 | 0.18 | 4.64 | 0.00 | 0.05 | 0.01 | (4.72) | 0.32 | 0.28 | 0.34 | 0.05 | 0.75 | (0.07) | (0.20) |
| Financing Cash Flow | 3.54 | 1.79 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 5.51 | 0.00 | 4.51 | 0.00 | 0.00 | (0.11) | 0.02 |
* Derived from reported values