Financial Statements — RXST
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 | 13.35 | 17.57 | 29.63 | 40.35 | 28.00 | 16.72 | 24.45 | 32.65 | 9.86 | 8.75 | 11.01 | 8.91 | 24.00 | 24.13 | 68.28 | 41.73 |
| Short-term Investments | 195.45 | 200.31 | 197.88 | 187.14 | 201.34 | 220.40 | 208.84 | 92.71 | 122.02 | 138.34 | 142.93 | 103.92 | 104.62 | 119.72 | 99.99 | 20.00 |
| Accounts Receivable | 18.52 | 22.44 | 24.15 | 28.06 | 30.96 | 25.37 | 25.72 | 21.55 | 15.24 | 13.30 | 12.67 | 9.02 | 6.88 | 5.63 | 4.36 | 3.94 |
| Inventory | 37.12 | 34.87 | 28.95 | 25.06 | 23.57 | 21.67 | 19.44 | 18.70 | 18.92 | 17.95 | 18.07 | 15.34 | 11.62 | 8.49 | 9.44 | 8.54 |
| Total Current Assets | 327.40 | 279.23 | 283.88 | 283.87 | 288.41 | 286.77 | 281.22 | 168.56 | 167.95 | 180.45 | 187.67 | 139.16 | 149.93 | 161.15 | 186.34 | 75.55 |
| Property, Plant & Equipment | 14.04 | 13.23 | 13.10 | 13.26 | 12.56 | 12.24 | 12.44 | 11.62 | 10.26 | 10.53 | 9.80 | 10.62 | 11.08 | 10.92 | 11.99 | 12.69 |
| Total Non-current Assets* | 25.30 | 24.77 | 24.66 | 25.14 | 24.63 | 23.70 | 24.28 | 14.61 | 13.90 | 14.82 | 14.87 | 16.54 | 16.79 | 15.92 | 17.40 | 19.34 |
| Total Assets | 352.70 | 303.99 | 308.53 | 309.01 | 313.04 | 310.47 | 305.50 | 183.17 | 181.85 | 195.26 | 202.53 | 155.71 | 166.71 | 177.06 | 203.74 | 94.89 |
| Accounts Payable | 6.35 | 7.12 | 3.38 | 3.35 | 7.11 | 4.58 | 5.10 | 5.06 | 4.11 | 4.00 | 3.72 | 4.17 | 3.28 | 2.59 | 1.69 | 2.34 |
| Total Current Liabilities | 80.44 | 27.38 | 22.29 | 20.38 | 22.74 | 22.64 | 19.62 | 18.33 | 18.94 | 16.57 | 14.88 | 16.37 | 13.00 | 10.66 | 9.18 | 11.10 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 19.59 | 40.31 | 40.03 | 39.88 | 39.89 | 39.64 | 39.51 |
| Total Non-current Liabilities* | 8.92 | 9.32 | 10.27 | 10.61 | 10.99 | 10.57 | 10.67 | 0.91 | 1.43 | 21.51 | 42.65 | 43.38 | 43.73 | 43.24 | 43.67 | 43.88 |
| Total Liabilities | 89.36 | 36.70 | 32.56 | 31.00 | 33.73 | 33.21 | 30.29 | 19.24 | 20.37 | 38.07 | 57.52 | 59.75 | 56.73 | 53.90 | 52.85 | 54.98 |
| Retained Earnings | (689.02) | (676.92) | (651.89) | (642.07) | (630.28) | (616.16) | (609.82) | (603.74) | (585.46) | (573.05) | (559.24) | (530.42) | (513.60) | (496.87) | (463.54) | (450.87) |
| Total Stockholder Equity | 263.34 | 267.30 | 275.97 | 278.01 | 279.32 | 277.26 | 275.21 | 163.93 | 161.48 | 157.19 | 145.01 | 95.96 | 109.99 | 123.16 | 150.89 | (313.40) |
* 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 | 27.24 | 30.89 | 32.61 | 30.34 | 33.64 | 37.90 | 40.21 | 35.31 | 34.89 | 29.51 | 28.58 | 22.20 | 20.81 | 17.49 | 16.09 | 12.62 | 11.36 | 8.94 | 8.43 | 5.79 |
| Cost of Revenue | 7.86 | 7.40 | 7.34 | 6.11 | 8.45 | 9.57 | 11.43 | 10.09 | 10.64 | 8.83 | 10.93 | 8.47 | 8.80 | 7.12 | 8.66 | 7.26 | 6.57 | 5.18 | 5.56 | 4.45 |
| Gross Profit | 25.89 | 23.50 | 25.26 | 24.23 | 25.19 | 28.33 | 28.79 | 25.22 | 24.25 | 20.69 | 17.65 | 13.73 | 12.02 | 10.37 | 7.42 | 5.36 | 4.79 | 3.76 | 2.87 | 1.34 |
| Research & Development | 9.24 | 9.47 | 8.90 | 9.06 | 10.22 | 10.37 | 9.21 | 8.84 | 8.29 | 8.03 | 7.34 | 7.10 | 7.40 | 7.21 | 6.68 | 6.39 | 6.19 | 6.72 | 5.92 | 5.38 |
| Selling, General & Admin | 30.42 | 31.86 | 27.69 | 27.35 | 28.98 | 28.64 | 28.21 | 25.61 | 24.29 | 23.32 | 21.16 | 19.14 | 18.24 | 16.26 | 15.73 | 14.93 | 14.39 | 13.62 | 11.62 | 9.08 |
| Total Operating Expenses | 47.51 | 41.33 | 36.60 | 36.41 | 39.19 | 39.00 | 37.42 | 34.45 | 32.58 | 31.36 | 28.50 | 26.24 | 25.64 | 23.46 | 22.41 | 21.31 | 20.58 | 20.34 | 17.53 | 14.45 |
| Operating Income | (13.77) | (17.83) | (11.34) | (12.18) | (14.00) | (10.67) | (8.63) | (9.23) | (8.33) | (10.67) | (10.85) | (12.51) | (13.62) | (13.10) | (14.99) | (15.96) | (15.79) | (16.58) | (14.66) | (13.11) |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.23 | 1.57 | 1.51 | 1.45 | 1.30 | 1.14 | 1.06 | 1.08 | 1.08 |
| Pretax Income | (12.01) | (15.88) | (9.15) | (9.81) | (11.75) | (8.17) | (5.93) | (6.32) | (6.06) | (9.09) | (9.19) | (12.40) | (13.78) | (13.21) | (15.60) | (16.82) | (16.73) | (17.59) | (15.73) | (12.68) |
| Tax Provision | 0.09 | 0.01 | 0.01 | 0.01 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | (0.02) | 0.01 | 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | -0.00 | 0.00 | -0.00 |
| Net Income | (12.10) | (15.88) | (9.15) | (9.82) | (11.79) | (8.19) | (5.94) | (6.34) | (6.08) | (9.10) | (9.18) | (12.41) | (13.80) | (13.21) | (15.61) | (16.82) | (16.73) | (17.60) | (15.73) | (12.67) |
| Basic EPS | (0.29) | (0.38) | (0.22) | (0.24) | (0.29) | (0.20) | (0.14) | (0.16) | (0.16) | (0.25) | (0.24) | (0.35) | (0.40) | (0.42) | (0.55) | (0.61) | (0.61) | -- | 0.09 | (0.68) |
| Diluted EPS | (0.29) | (0.38) | (0.22) | (0.24) | (0.29) | (0.20) | (0.14) | (0.16) | (0.16) | (0.25) | (0.24) | (0.35) | (0.40) | (0.42) | (0.55) | (0.61) | (0.61) | -- | 0.09 | (0.68) |
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 | (9.54) | (10.89) | (1.12) | (1.19) | (4.38) | (8.83) | (4.26) | 0.65 | (4.03) | (9.31) | (8.30) | (7.98) | (7.55) | (17.76) | (13.85) | (15.19) | (14.82) | (14.98) | (8.72) | (13.75) |
| Capital Expenditures | 1.96 | 0.76 | 1.14 | 0.58 | 1.54 | 0.57 | 0.85 | 1.10 | 1.52 | 1.97 | 1.59 | 0.65 | 1.82 | 0.75 | 0.36 | 0.58 | 1.08 | 0.37 | 0.37 | 0.25 |
| Free Cash Flow* | (11.49) | (11.65) | (2.25) | (1.77) | (5.91) | (9.41) | (5.11) | (0.45) | (5.55) | (11.28) | (9.89) | (8.63) | (9.37) | (18.51) | (14.22) | (15.77) | (15.90) | (15.35) | (9.09) | (14.01) |
| Investing Cash Flow | 4.65 | 8.85 | (9.61) | (9.00) | 14.65 | 20.86 | 1.32 | (9.26) | (115.64) | 24.27 | 4.57 | 17.27 | 4.39 | (48.36) | 10.41 | 0.56 | 14.13 | 14.86 | (128.47) | 12.88 |
| Financing Cash Flow | 0.66 | (0.34) | 1.06 | (0.53) | 2.07 | (0.73) | 2.98 | 0.88 | 111.47 | 7.99 | 3.56 | (8.23) | 0.89 | 65.31 | 6.31 | (0.45) | 0.58 | (0.10) | 0.40 | 120.55 |
* Derived from reported values
