Financial Statements — SEV
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 |
|---|
| Cash & Equivalents | 10.13 | 17.72 | 12.00 |
| Total Current Assets | 11.91 | 18.21 | 15.16 |
| Property, Plant & Equipment | 17.59 | 17.60 | 17.25 |
| Total Non-current Assets* | 20.49 | 20.77 | 19.76 |
| Total Assets | 32.41 | 38.98 | 34.91 |
| Accounts Payable | 0.64 | 0.62 | 0.64 |
| Total Current Liabilities | 7.09 | 8.11 | 7.05 |
| Total Non-current Liabilities* | 0.94 | 1.23 | 0.63 |
| Total Liabilities | 8.03 | 9.34 | 7.67 |
| Retained Earnings | (339.77) | (331.51) | (305.84) |
| Total Stockholder Equity | 24.38 | 29.64 | 27.24 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 |
|---|
| Research & Development | 7.09 | 5.91 | 7.53 | 4.73 |
| Selling, General & Admin | 4.07 | 4.43 | 7.57 | 3.21 |
| Total Operating Expenses | 11.16 | 10.33 | 15.10 | 7.94 |
| Operating Income | (11.16) | (10.33) | (15.10) | (7.94) |
| Net Income | (10.88) | (10.19) | (15.48) | (5.49) |
| Basic EPS | (0.30) | (0.32) | (0.58) | (0.23) |
| Diluted EPS | (0.30) | (0.32) | (0.58) | (0.23) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 |
|---|
| Operating Cash Flow | (8.05) | (7.89) | (4.35) | (10.91) |
| Capital Expenditures | 0.16 | 0.04 | 0.66 | 0.77 |
| Free Cash Flow* | (8.21) | (7.93) | (5.01) | (11.68) |
| Investing Cash Flow | (0.16) | (0.04) | (0.66) | (0.77) |
| Financing Cash Flow | 0.62 | 16.04 | 2.63 | 10.51 |
* Derived from reported values
