Financial Statements — SLI
Balance Sheet
(in millions CAD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 |
|---|
| Cash & Equivalents | 32.06 | 33.79 | 31.57 | 15.72 | 15.83 | 37.18 | 91.42 | 107.37 | 124.07 | 136.91 |
| Total Current Assets | 38.09 | 37.44 | 37.01 | 18.82 | 16.88 | 38.61 | 95.36 | 109.43 | 126.01 | 139.14 |
| Total Non-current Assets | 248.77 | 237.96 | 228.66 | 152.26 | 143.46 | 132.27 | 82.03 | 67.00 | 58.70 | 39.63 |
| Total Assets | 286.86 | 275.40 | 265.66 | 171.09 | 160.34 | 170.88 | 177.39 | 176.43 | 184.71 | 178.77 |
| Total Current Liabilities | 9.14 | 6.84 | 5.68 | 11.15 | 11.21 | 14.76 | 6.68 | 4.40 | 4.92 | 4.52 |
| Total Non-current Liabilities* | 24.60 | 24.71 | 25.04 | 0.65 | 0.74 | 0.79 | 0.84 | 0.27 | 0.31 | 0.41 |
| Total Liabilities | 33.74 | 31.55 | 30.72 | 11.80 | 11.95 | 15.55 | 7.52 | 4.67 | 5.22 | 4.93 |
| Retained Earnings | (50.50) | (44.38) | (39.40) | (179.00) | (168.64) | (158.44) | (122.26) | (115.16) | (108.28) | (100.29) |
| Total Stockholder Equity | 253.12 | 243.85 | 234.94 | 159.29 | 148.39 | 155.32 | 169.87 | 171.76 | 179.49 | 173.85 |
* Derived from reported values
Income Statement
(in millions CAD) (except per-share rows)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 |
|---|
| Research & Development | -- | -- | -- | -- | -- | -- | -- | 0.01 | -- | 0.01 |
| Operating Income | (6.17) | (6.55) | (5.10) | (10.54) | (10.49) | (10.29) | (8.12) | (7.83) | (2.11) | (13.83) |
| Interest Expense | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.01 |
| Pretax Income | (6.31) | (5.29) | (2.12) | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | (0.19) | (0.31) | (0.57) | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (6.12) | (4.98) | (1.55) | (10.36) | (10.20) | (9.73) | (7.10) | (6.88) | (1.56) | (13.74) |
| Basic EPS | (0.03) | (0.03) | (0.01) | (0.06) | (0.06) | (0.06) | (0.04) | (0.04) | (0.01) | (0.08) |
| Diluted EPS | (0.03) | (0.03) | (0.01) | (0.06) | (0.06) | (0.06) | (0.04) | (0.04) | (0.01) | (0.08) |
Cash Flow Statement
(in millions CAD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 |
|---|
| Investing Cash Flow | (20.23) | (8.24) | 0.04 | (40.36) | (33.46) | (16.73) | (26.94) | (13.36) | (4.58) | (3.72) |
| Financing Cash Flow | 31.02 | 17.86 | 6.89 | 17.44 | 3.10 | (0.03) | 5.09 | 0.02 | 0.07 | 130.51 |
