Financial Statements — SABS
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 | 8.27 | 20.52 | 29.42 | 3.69 | 5.64 | 9.17 | 17.24 | 14.03 | 2.43 | 7.77 | 13.06 | 8.33 | 16.62 | 22.41 | -- | -- | -- |
| Short-term Investments | 94.37 | 86.87 | 81.46 | 2.02 | 7.21 | 21.23 | 20.08 | 30.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.36 | 0.76 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 107.94 | 112.78 | 113.28 | 9.31 | 16.30 | 32.54 | 39.58 | 46.95 | 3.13 | 9.01 | 15.03 | 22.18 | 27.75 | 36.17 | 0.77 | 0.94 | 1.12 |
| Property, Plant & Equipment | 14.23 | 13.81 | 13.11 | 13.86 | 14.61 | 16.08 | 16.92 | 17.90 | 20.62 | 21.53 | 22.37 | 24.03 | 24.84 | 24.97 | -- | -- | -- |
| Total Non-current Assets* | 130.27 | 135.69 | 70.17 | 20.82 | 21.82 | 21.26 | 22.31 | 24.42 | 25.21 | 26.44 | 27.64 | 30.33 | 31.40 | 31.30 | 116.16 | 116.16 | 116.15 |
| Total Assets | 238.21 | 248.47 | 183.45 | 30.13 | 38.12 | 53.80 | 61.89 | 71.37 | 28.34 | 35.44 | 42.67 | 52.51 | 59.15 | 67.47 | 116.93 | 117.09 | 117.27 |
| Accounts Payable | 3.86 | 3.54 | 2.95 | 2.62 | 2.52 | 1.30 | 1.17 | 1.24 | 1.08 | 1.40 | 1.44 | 5.48 | 4.94 | 4.98 | -- | -- | -- |
| Total Current Liabilities | 11.71 | 9.85 | 10.79 | 10.68 | 9.65 | 8.82 | 7.55 | 8.30 | 9.21 | 11.01 | 13.67 | 17.10 | 16.14 | 18.26 | 0.32 | 0.15 | 0.08 |
| Total Non-current Liabilities* | 11.72 | 11.37 | 7.58 | 7.44 | 7.06 | 8.08 | 8.22 | 10.24 | 3.87 | 4.72 | 4.60 | 4.78 | 5.90 | 7.96 | 9.75 | 9.75 | 7.80 |
| Total Liabilities | 23.43 | 21.22 | 18.37 | 18.11 | 16.71 | 16.89 | 15.77 | 18.55 | 13.08 | 15.73 | 18.27 | 21.88 | 22.03 | 26.21 | 10.07 | 9.90 | 7.88 |
| Retained Earnings | (152.25) | (129.76) | (94.03) | (139.48) | (129.37) | (112.77) | (102.42) | (95.09) | (67.21) | (62.10) | (55.22) | (40.00) | (32.92) | (28.14) | (9.29) | 0.76 | 2.96 |
| Total Stockholder Equity | 214.79 | 227.25 | 165.07 | 12.02 | 21.41 | 36.90 | 46.12 | 52.82 | 15.26 | 19.72 | 24.40 | 30.62 | 37.12 | 41.26 | (9.29) | 5.00 | 5.00 |
* 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 | -- | -- | -- | -- | -- | -- | 0.11 | 0.00 | 0.26 | 0.94 | 0.31 | 1.27 | 0.09 | 0.58 | 2.16 | 3.59 | 6.35 | 11.80 | 11.06 | 49.82 |
| Research & Development | 16.17 | 13.40 | 10.73 | 8.97 | 7.00 | 7.66 | 7.45 | 7.83 | 6.82 | 8.15 | 4.30 | 4.02 | 3.66 | 4.54 | 7.18 | 7.35 | 8.58 | 13.32 | 10.65 | -- |
| Selling, General & Admin | 7.21 | 6.60 | 5.04 | 3.71 | 2.74 | 3.11 | 2.67 | 3.48 | 3.64 | 4.19 | 14.88 | 2.57 | 2.90 | 3.45 | 2.84 | 4.04 | 4.31 | 5.19 | 7.75 | -- |
| Total Operating Expenses | 23.38 | 20.00 | 15.77 | 12.68 | 9.73 | 10.77 | 10.12 | 11.31 | 10.46 | 12.34 | 19.18 | 6.59 | 6.56 | 7.98 | 10.02 | 11.40 | 12.89 | 18.51 | 73.57 | 0.34 |
| Operating Income | (23.38) | (20.00) | (15.77) | (12.68) | (9.73) | (10.77) | (10.01) | (11.31) | (10.20) | (11.39) | (18.87) | (5.32) | (6.48) | (7.40) | (7.86) | (7.81) | (6.54) | (6.71) | (12.69) | (0.34) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.09 | 0.08 | 0.08 | 0.07 | 0.08 | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 | 0.21 | -- |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | (10.35) | (7.34) | (5.03) | (22.86) | (5.10) | (6.88) | (7.35) | (7.85) | (7.08) | (4.87) | 1.08 | (11.55) | -- |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | -- | -- | (0.09) | 0.09 | -- | -- |
| Net Income | (22.49) | (18.87) | (16.86) | 45.45 | (10.11) | (5.20) | (11.39) | (10.35) | (7.34) | (5.03) | (22.86) | (5.10) | (6.88) | (7.35) | (7.87) | (7.08) | (4.78) | 0.99 | (17.58) | (0.33) |
| Basic EPS | (0.28) | (0.35) | 1.37 | 0.50 | (1.09) | (0.56) | (1.23) | (1.12) | (0.79) | (0.54) | (7.25) | (0.10) | (0.14) | (0.15) | (0.18) | (0.16) | (0.11) | 0.02 | (0.41) | -- |
| Diluted EPS | (0.28) | (0.35) | 1.07 | (0.21) | (1.09) | (0.56) | (1.23) | (1.12) | (0.79) | (0.54) | (7.26) | (0.10) | -- | (0.15) | -- | (0.16) | (0.11) | 0.02 | (0.41) | -- |
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 | (9.84) | (14.27) | (16.78) | (13.05) | (7.15) | (7.80) | (9.53) | (6.29) | (7.72) | (10.75) | (13.45) | (5.17) | (4.90) | (1.61) | 0.22 | (8.17) | (5.21) | (10.29) | 2.54 | (0.09) |
| Capital Expenditures | 1.59 | 0.98 | -- | -- | -- | -- | 0.06 | 0.10 | 0.05 | 0.13 | 0.07 | 0.09 | 0.02 | 0.02 | 0.12 | 0.08 | 0.61 | 1.36 | -- | -- |
| Free Cash Flow* | (11.43) | (15.25) | -- | -- | -- | -- | (9.59) | (6.39) | (7.77) | (10.88) | (13.51) | (5.25) | (4.92) | (1.63) | 0.10 | (8.25) | (5.82) | (11.65) | -- | -- |
| Investing Cash Flow | (4.88) | (65.65) | (1.71) | (129.87) | 5.20 | 4.67 | 9.33 | (1.15) | 11.22 | (31.36) | (0.07) | (0.04) | (0.02) | (0.02) | (0.12) | (0.08) | (0.61) | (1.28) | 105.21 | 0.00 |
| Financing Cash Flow | 2.36 | 89.92 | (0.04) | 168.69 | (0.17) | (0.17) | 0.22 | (0.67) | (0.32) | (0.39) | 67.64 | (0.14) | (0.36) | (0.36) | 6.62 | (0.03) | 0.03 | (5.56) | (81.39) | 0.00 |
* Derived from reported values
