Financial Statements — SBEV
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 | 0.24 | 0.38 | 0.27 | 0.02 | 0.02 | 0.46 | 0.01 | 0.01 | 0.10 | 0.90 | 2.15 | 2.60 | 4.21 | 8.50 | 8.14 | 11.94 | 1.23 |
| Accounts Receivable | 0.01 | 0.02 | 0.14 | 0.14 | 0.17 | 0.60 | 0.67 | 0.76 | 1.51 | 1.95 | 2.19 | 1.48 | 1.61 | 1.39 | 0.81 | 0.78 | 0.80 |
| Inventory | 0.05 | 0.05 | 0.86 | 0.86 | 0.86 | 1.34 | 1.31 | 1.47 | 2.91 | 3.45 | 3.14 | 3.58 | 2.64 | 2.06 | 1.49 | 1.19 | 0.87 |
| Total Current Assets | 0.90 | 0.71 | 1.97 | 1.61 | 1.69 | 3.04 | 2.54 | 2.84 | 5.12 | 6.90 | 8.90 | 8.71 | 9.47 | 12.90 | 11.36 | 14.53 | 3.50 |
| Property, Plant & Equipment | -- | 0.01 | 0.09 | 0.13 | 0.17 | 0.24 | 0.27 | 0.31 | 0.39 | 0.42 | 0.46 | 0.56 | 0.51 | 0.54 | 0.56 | 0.60 | 0.64 |
| Goodwill | -- | -- | -- | -- | -- | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | -- | 5.67 | 5.67 | 5.67 |
| Intangible Assets | -- | -- | -- | -- | -- | 4.17 | 4.26 | 4.36 | -- | -- | -- | -- | 5.41 | 5.76 | -- | -- | -- |
| Total Non-current Assets | 0.18 | 0.06 | 20.52 | 20.63 | 0.81 | 5.32 | 5.52 | 5.72 | 6.13 | 6.24 | 6.45 | 7.25 | 7.40 | 7.71 | 8.12 | 8.30 | 8.21 |
| Total Assets | 1.08 | 0.77 | 22.49 | 22.24 | 2.51 | 8.36 | 8.06 | 8.56 | 11.24 | 13.13 | 15.35 | 15.96 | 16.87 | 20.61 | 19.47 | 22.84 | 11.71 |
| Accounts Payable | 4.09 | 4.63 | 6.75 | 7.04 | 6.32 | 5.58 | 4.92 | 4.95 | 4.20 | 3.31 | 2.92 | 2.09 | 2.38 | 1.52 | 0.90 | 1.24 | 1.09 |
| Total Current Liabilities | 16.83 | 16.97 | 15.64 | 13.45 | 20.42 | 17.78 | 16.82 | 17.02 | 11.13 | 8.56 | 4.90 | 5.19 | 4.46 | 5.43 | 5.59 | 5.77 | 5.36 |
| Long-term Debt | -- | 0.00 | 0.06 | 0.05 | 2.08 | 1.32 | 1.43 | 0.81 | 0.41 | 0.72 | 2.43 | 0.25 | 0.36 | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.07 | 0.07 | 2.12 | 1.41 | 1.59 | 1.04 | 0.77 | 0.60 | 2.86 | 0.79 | 0.95 | 0.67 | 3.93 | 4.07 | 4.44 |
| Total Liabilities | 16.83 | 16.97 | 15.71 | 13.52 | 22.54 | 19.19 | 18.41 | 18.06 | 11.90 | 9.16 | 7.76 | 5.97 | 5.41 | 6.10 | 9.52 | 9.84 | 9.81 |
| Retained Earnings | (186.83) | (184.41) | (178.28) | (167.99) | (159.48) | (146.79) | (142.07) | (136.75) | (127.34) | (121.67) | (116.06) | (107.54) | (102.39) | (96.63) | (84.76) | (72.59) | (66.03) |
| Total Stockholder Equity | (15.75) | (16.20) | 6.78 | 8.72 | (20.03) | (10.83) | (10.35) | (9.50) | (0.66) | 3.97 | 7.59 | 9.99 | 11.46 | 14.51 | 9.95 | 13.00 | 1.90 |
* 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 | 0.00 | 0.00 | (0.37) | 0.00 | 0.00 | 0.44 | 0.59 | 0.98 | 1.05 | 1.54 | 2.69 | 5.14 | 5.19 | 5.82 | 4.79 | 4.87 | 4.50 | 3.93 | 2.78 | 2.83 |
| Cost of Revenue* | 0.00 | 0.00 | (0.41) | 0.00 | 0.00 | 0.47 | 0.93 | 0.69 | 0.80 | 1.38 | 1.96 | 0.62 | 0.68 | 0.46 | 1.53 | 3.72 | 3.83 | 3.09 | 2.60 | 2.01 |
| Gross Profit | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | (0.03) | (0.34) | 0.29 | 0.24 | 0.16 | 0.73 | 1.30 | 1.78 | 1.76 | 3.26 | 1.15 | 0.67 | 0.83 | 0.18 | 0.82 |
| Selling, General & Admin | -- | -- | -- | -- | -- | -- | -- | 0.06 | -- | -- | -- | 3.05 | 2.92 | 2.65 | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 2.01 | 0.98 | 1.02 | 9.54 | 1.63 | 2.00 | 6.09 | 2.96 | 3.94 | 3.41 | 4.02 | 5.62 | 6.00 | 5.22 | 8.03 | 6.26 | 6.50 | 6.52 | 6.09 | 12.89 |
| Operating Income | (2.01) | (0.98) | (0.98) | (9.54) | (1.63) | (2.03) | (6.44) | (2.67) | (3.69) | (3.25) | (3.29) | (4.32) | (4.22) | (3.45) | (4.77) | (5.11) | (5.83) | (5.68) | (5.91) | (12.07) |
| Interest Expense | 0.23 | 0.89 | 0.94 | 0.32 | 0.63 | 0.64 | 1.66 | -- | -- | 0.53 | 1.30 | 0.22 | 0.17 | 0.17 | 0.03 | 0.07 | 0.07 | 0.09 | -- | -- |
| Pretax Income* | (2.05) | (2.14) | (3.21) | (9.89) | (8.49) | (3.65) | (9.04) | (4.72) | (5.33) | (4.67) | (5.99) | (5.67) | (5.61) | (3.73) | (4.79) | (5.14) | (5.76) | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Net Income | (2.05) | (2.14) | (3.21) | (9.89) | (8.49) | (3.65) | (9.04) | (4.72) | (5.33) | (4.67) | (5.99) | (5.67) | (5.61) | (3.73) | (4.79) | (5.14) | (5.76) | (5.99) | 52.22 | (12.19) |
| Basic EPS | -- | (0.47) | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.13) | (0.13) | -- | -- | -- | -- | (0.16) | -- | -- |
| Diluted EPS | -- | (0.47) | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.13) | (0.13) | -- | -- | -- | -- | (0.16) | -- | -- |
* 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 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (1.09) | (0.93) | (0.99) | (2.42) | (0.68) | (0.72) | (1.62) | (2.65) | (2.43) | (1.31) | (1.69) | (1.98) | (2.42) | (4.10) | (3.43) | (3.52) | (2.43) | (4.68) | (11.62) | (4.08) |
| Capital Expenditures | -- | -- | -- | 0.00 | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.06 | 0.05 | -- | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | (2.43) | -- | -- | -- | -- | -- | (1.31) | (1.69) | (1.98) | (2.42) | (4.11) | (3.49) | (3.56) | -- | -- | -- | -- |
| Investing Cash Flow | (0.20) | -- | -- | -- | -- | -- | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 | 0.00 | -0.00 | (0.01) | (0.06) | (0.05) | 0.00 | -- | -- | -- |
| Financing Cash Flow | 1.16 | 1.05 | 0.98 | 2.67 | 0.70 | 0.76 | 1.16 | 3.01 | 2.42 | 0.95 | 1.98 | 1.15 | 1.19 | 1.83 | 5.36 | 1.96 | (1.63) | 8.77 | -- | 15.00 |
* Derived from reported values