Financial Statements — RPID
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 |
|---|
| Cash & Equivalents | 14.69 | 13.82 | 18.95 | 18.33 | 18.91 | 22.04 | 37.12 | 22.43 | 23.79 | 28.68 | 24.41 | 25.83 | 49.72 | 62.50 | 219.59 | 100.05 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 94.37 | 99.73 | 0.00 | 15.00 |
| Accounts Receivable | 5.52 | 6.37 | 5.43 | 6.05 | 4.52 | 3.74 | 5.01 | 4.92 | 3.91 | 3.46 | 5.51 | 4.66 | 4.10 | 3.84 | 5.01 | 3.06 |
| Inventory | 18.92 | 17.45 | 21.07 | 20.56 | 20.72 | 21.25 | 21.43 | 20.42 | 20.19 | 20.94 | 20.94 | 20.92 | 21.29 | 17.71 | 14.17 | 11.91 |
| Total Current Assets | 46.26 | 49.23 | 69.95 | 60.15 | 69.18 | 87.93 | 98.20 | 108.16 | 115.05 | 132.75 | 129.15 | 144.58 | 171.48 | 186.90 | 244.16 | 118.05 |
| Property, Plant & Equipment | 8.16 | 8.77 | 9.58 | 10.21 | 10.56 | 11.56 | 12.27 | 12.62 | 12.87 | 13.13 | 13.51 | 13.23 | 12.65 | 12.39 | 8.63 | 7.26 |
| Total Non-current Assets* | 12.19 | 13.14 | 14.46 | 15.44 | 16.25 | 17.91 | 18.89 | 19.57 | 35.12 | 28.20 | 44.14 | 57.34 | 44.66 | 43.16 | 10.27 | 11.19 |
| Total Assets | 58.45 | 62.36 | 84.41 | 75.59 | 85.43 | 105.84 | 117.09 | 127.73 | 150.16 | 160.95 | 173.28 | 201.92 | 216.14 | 230.05 | 254.43 | 129.24 |
| Accounts Payable | 5.18 | 4.67 | 3.59 | 3.33 | 2.64 | 2.33 | 2.18 | 1.16 | 3.27 | 1.36 | 1.29 | 3.67 | 2.82 | 3.55 | 2.25 | 2.57 |
| Total Current Liabilities | 18.15 | 19.12 | 16.55 | 16.40 | 15.00 | 15.92 | 16.60 | 15.60 | 15.62 | 14.42 | 13.66 | 15.21 | 12.75 | 14.87 | 17.72 | 16.01 |
| Long-term Debt | 19.14 | 19.05 | 18.83 | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | 24.98 |
| Total Non-current Liabilities* | 22.55 | 22.85 | 23.53 | 4.64 | 4.95 | 5.55 | 5.90 | 6.19 | 6.76 | 6.90 | 7.18 | 7.69 | 8.43 | 8.11 | 1.96 | 41.93 |
| Total Liabilities | 40.70 | 41.97 | 40.08 | 21.04 | 19.94 | 21.47 | 22.50 | 21.79 | 22.38 | 21.32 | 20.84 | 22.90 | 21.18 | 22.98 | 19.68 | 57.93 |
| Retained Earnings | (549.59) | (536.67) | (509.90) | (498.39) | (486.54) | (465.61) | (454.28) | (441.71) | (417.21) | (403.82) | (389.80) | (359.47) | (343.13) | (330.04) | (300.51) | (275.52) |
| Total Stockholder Equity | 17.75 | 20.40 | 44.33 | 54.55 | 65.49 | 84.37 | 94.59 | 105.94 | 127.79 | 139.63 | 152.44 | 179.02 | 194.97 | 207.07 | 234.75 | (164.53) |
* 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 | 8.05 | 8.00 | 11.28 | 7.84 | 7.26 | 7.21 | 8.22 | 7.60 | 6.62 | 5.61 | 6.34 | 6.15 | 5.00 | 5.04 | 4.37 | 4.74 | 3.86 | 4.16 | 5.21 | 6.90 |
| Cost of Revenue | 6.84 | 7.63 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 1.21 | 0.37 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 3.33 | 3.36 | 3.22 | 3.53 | 3.23 | 3.62 | 3.40 | 3.61 | 3.74 | 3.84 | 3.32 | 3.12 | 3.23 | 3.15 | 3.40 | 2.97 | 2.97 | 3.53 | 2.86 | 2.44 |
| Selling, General & Admin | 6.77 | 7.44 | 5.34 | 5.64 | 6.08 | 5.69 | 4.83 | 5.68 | 5.82 | 5.63 | 5.54 | 6.20 | 6.73 | 6.47 | 7.13 | 7.19 | 6.40 | 6.09 | 5.76 | 5.31 |
| Total Operating Expenses | 13.53 | 14.22 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (12.32) | (13.85) | (12.21) | (11.37) | (12.15) | (11.66) | (10.23) | (12.04) | (13.38) | (14.27) | (12.19) | (14.45) | (15.05) | (14.87) | (17.26) | (16.89) | (14.07) | (15.00) | (14.56) | (12.12) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 | 0.02 | 0.78 |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (13.70) | (14.91) | (14.57) | (24.97) |
| Tax Provision | 0.05 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | (0.01) | 0.01 | 0.02 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | (0.61) | 0.02 | 0.03 | 0.02 |
| Net Income | (12.92) | (14.27) | (12.50) | (11.50) | (11.86) | (11.26) | (9.67) | (11.32) | (12.58) | (13.32) | (11.17) | (13.39) | (14.02) | (13.89) | (16.45) | (16.34) | (13.09) | (14.93) | (14.60) | (24.99) |
| Basic EPS | (0.27) | (0.31) | (0.26) | (0.26) | (0.27) | (0.26) | (0.22) | (0.26) | (0.29) | (0.31) | (0.26) | (0.31) | (0.33) | (0.32) | (0.39) | (0.38) | (0.31) | (0.35) | 1.20 | (0.71) |
| Diluted EPS | (0.27) | (0.31) | (0.26) | (0.26) | (0.27) | (0.26) | (0.22) | (0.26) | (0.29) | (0.31) | (0.26) | (0.31) | (0.33) | (0.32) | (0.39) | (0.38) | (0.31) | (0.35) | 1.20 | (0.71) |
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 | (12.70) | (15.06) | (3.25) | (9.05) | (9.70) | (9.06) | (9.91) | (8.60) | (10.12) | (15.52) | (9.50) | (9.71) | (9.19) | (16.69) | (11.65) | (15.10) | (14.99) | (16.80) | (12.89) | (19.31) |
| Capital Expenditures | (0.22) | 0.39 | 0.09 | 0.07 | 0.37 | 0.32 | 0.10 | 0.22 | 0.46 | 0.59 | 0.42 | 0.45 | 0.22 | 0.76 | 0.81 | 1.59 | 1.99 | 2.35 | 1.97 | 0.46 |
| Free Cash Flow* | (12.48) | (15.45) | (3.34) | (9.12) | (10.07) | (9.38) | (10.01) | (8.82) | (10.58) | (16.11) | (9.91) | (10.16) | (9.40) | (17.44) | (12.47) | (16.69) | (16.98) | (19.15) | (14.85) | (19.77) |
| Investing Cash Flow | 4.22 | 8.60 | 3.89 | (9.58) | 9.34 | 10.68 | 4.86 | (6.54) | 24.82 | 13.52 | 10.01 | 4.77 | 13.47 | 13.91 | 12.80 | (8.93) | 2.21 | (99.55) | (27.06) | (0.46) |
| Financing Cash Flow | 9.35 | 0.25 | 0.44 | 19.25 | (0.30) | 0.38 | (0.01) | 0.06 | (0.01) | 0.16 | (0.01) | 0.05 | (0.01) | 0.12 | 0.09 | 0.15 | (0.01) | 0.46 | (1.26) | 139.31 |
* Derived from reported values
