Financial Statements — SLND
Balance Sheet
(in billions 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 0.03 | 0.02 | 0.04 | 0.05 | 0.07 | 0.09 | 0.05 | 0.03 | 0.03 | 0.04 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Receivable | 0.11 | 0.15 | 0.20 | 0.16 | 0.17 | 0.19 | 0.24 | 0.22 | 0.20 | 0.18 | 0.18 | -- | -- | -- | -- |
| Total Current Assets | 0.55 | 0.68 | 0.87 | 0.87 | 0.88 | 0.88 | 0.98 | 0.97 | 0.91 | 0.90 | 0.92 | 0.00 | 0.00 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.09 | 0.10 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.11 | -- | -- | -- | -- |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | -- |
| Total Non-current Assets* | 0.24 | 0.25 | 0.27 | 0.32 | 0.32 | 0.30 | 0.28 | 0.26 | 0.27 | 0.27 | 0.26 | 0.28 | 0.28 | 0.28 | 0.00 |
| Total Assets | 0.78 | 0.93 | 1.14 | 1.19 | 1.20 | 1.19 | 1.26 | 1.23 | 1.18 | 1.17 | 1.17 | 0.28 | 0.28 | 0.28 | 0.00 |
| Accounts Payable | 0.08 | 0.13 | 0.23 | 0.22 | 0.21 | 0.16 | 0.25 | 0.20 | 0.14 | 0.13 | 0.17 | 0.00 | 0.00 | 0.00 | -- |
| Total Current Liabilities | 0.43 | 0.53 | 0.67 | 0.64 | 0.64 | 0.60 | 0.77 | 0.61 | 0.55 | 0.57 | 0.52 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term Debt | 0.21 | 0.23 | 0.27 | 0.28 | 0.29 | 0.32 | 0.31 | 0.30 | 0.31 | 0.28 | 0.30 | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.60 | 0.56 | 0.38 | 0.38 | 0.39 | 0.43 | 0.28 | 0.36 | 0.37 | 0.34 | 0.38 | 0.01 | 0.01 | 0.01 | 0.00 |
| Total Liabilities* | 1.03 | 1.09 | 1.05 | 1.02 | 1.03 | 1.03 | 1.05 | 0.97 | 0.91 | 0.91 | 0.90 | 0.01 | 0.01 | 0.01 | 0.00 |
| Retained Earnings | (0.54) | (0.46) | (0.21) | (0.14) | (0.13) | (0.12) | (0.07) | (0.02) | (0.01) | (0.02) | -0.00 | (0.01) | (0.01) | (0.01) | -0.00 |
| Total Stockholder Equity* | (0.25) | (0.17) | 0.07 | 0.15 | 0.16 | 0.15 | 0.20 | 0.25 | 0.25 | 0.25 | 0.27 | (0.01) | (0.01) | (0.01) | 0.00 |
* 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 113.31 | 172.41 | 103.96 | 213.34 | 215.38 | 239.49 | 267.25 | 173.32 | 251.51 | 288.10 | 316.19 | 312.47 | 256.93 | 274.83 | -- | -- | -- | -- | -- |
| Cost of Revenue* | 184.54 | 177.16 | 297.33 | 210.07 | 202.02 | 218.01 | 259.58 | 224.43 | 291.53 | 267.68 | 295.05 | 282.94 | 290.72 | 255.89 | -- | -- | -- | -- | -- |
| Gross Profit | (71.23) | (4.76) | (193.38) | 3.28 | 13.36 | 21.48 | 7.67 | (51.10) | (40.02) | 20.42 | 21.14 | 29.53 | (33.79) | 18.94 | -- | -- | -- | -- | -- |
| Selling, General & Admin | 16.70 | 14.94 | 17.00 | 14.59 | 13.57 | 16.47 | 15.71 | 17.49 | 15.68 | 14.39 | 19.93 | 15.25 | 16.45 | 15.57 | 0.26 | 0.28 | 0.50 | 0.25 | -- |
| Total Operating Expenses* | 16.70 | 14.94 | 17.00 | 14.59 | 13.57 | 16.47 | 15.71 | 17.49 | 15.68 | 14.39 | 19.93 | 15.25 | 16.45 | 15.57 | -- | -- | -- | 5.19 | 0.00 |
| Operating Income | (87.94) | (19.70) | (210.38) | (11.31) | (0.21) | 5.01 | (8.04) | (68.60) | (55.70) | 6.03 | 1.21 | 14.28 | (50.24) | 3.37 | (0.26) | (0.28) | (0.50) | (0.25) | -- |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.66 | 5.68 | 6.23 | 4.31 | 3.25 | -- | -- | -- | -- | -- |
| Pretax Income* | (85.88) | (28.33) | (216.74) | (18.07) | (10.37) | (4.86) | (18.25) | (71.87) | (62.04) | (0.10) | (2.64) | 9.19 | (31.41) | (2.91) | 1.97 | 1.13 | (0.20) | (0.17) | -- |
| Tax Provision | (1.61) | 0.02 | (0.32) | 57.19 | (0.06) | (0.31) | (14.10) | (17.14) | (15.96) | 0.31 | 2.92 | 5.39 | (18.59) | 1.75 | 0.46 | 0.28 | 0.06 | 0.01 | -- |
| Net Income | (84.27) | (28.35) | (216.41) | (75.27) | (10.31) | (4.55) | (4.15) | (54.73) | (46.08) | (0.41) | (5.56) | 3.80 | (12.83) | (4.66) | 1.52 | 0.85 | (0.26) | (0.18) | -0.00 |
| Basic EPS | (1.55) | (0.52) | (4.01) | (1.39) | (0.19) | (0.08) | (0.08) | (1.14) | (0.96) | (0.01) | (0.11) | 0.08 | (0.27) | (0.11) | -- | -- | -- | -- | -- |
| Diluted EPS | (1.55) | (0.52) | (4.01) | (1.39) | (0.19) | (0.08) | (0.08) | (1.14) | (0.96) | (0.01) | (0.11) | 0.08 | (0.27) | (0.11) | -- | -- | -- | -- | -- |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (38.02) | (133.86) | 9.69 | 5.90 | (5.43) | 6.43 | (10.31) | (5.29) | 27.43 | (9.90) | 26.32 | (25.95) | 24.14 | (34.78) | (0.61) | (0.46) | (0.44) | (0.22) | -0.00 |
| Capital Expenditures | 0.36 | 0.03 | 0.40 | 0.56 | 1.09 | 1.80 | 1.21 | 1.98 | 1.10 | 3.13 | 3.37 | 2.52 | 3.79 | 1.17 | -- | -- | -- | -- | -- |
| Free Cash Flow* | (38.38) | (133.89) | 9.29 | 5.34 | (6.52) | 4.63 | (11.52) | (7.27) | 26.33 | (13.02) | 22.95 | (28.47) | 20.36 | (35.94) | -- | -- | -- | -- | -- |
| Investing Cash Flow | 6.31 | 1.32 | 0.30 | 2.33 | (0.36) | 1.12 | 0.93 | (0.68) | 3.41 | (0.43) | 5.00 | (2.75) | 2.19 | 0.05 | 0.42 | 0.36 | 0.08 | -- | -- |
| Financing Cash Flow | 45.55 | 96.99 | 0.11 | (14.16) | (12.11) | (13.99) | (9.66) | 43.54 | (8.15) | (6.94) | (14.32) | 21.38 | (15.75) | 6.10 | -- | -- | -- | -- | 0.01 |
* Derived from reported values