Financial Statements — SNAL
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 |
|---|
| Cash & Equivalents | 13.29 | 14.26 | 12.28 | 7.91 | 9.36 | 10.57 | 15.49 | 16.07 | 4.95 | 2.96 | 4.11 | 9.04 |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 6.99 | 4.60 |
| Total Current Assets | 31.77 | 28.80 | 34.66 | 38.81 | 31.10 | 36.51 | 41.58 | 42.35 | 35.75 | 35.50 | 37.21 | 39.19 |
| Property, Plant & Equipment | 4.12 | 4.13 | 4.18 | 4.24 | 4.31 | 4.45 | 4.52 | 4.60 | 4.77 | 4.88 | 5.00 | 5.25 |
| Intangible Assets | 8.32 | 8.51 | 4.38 | 3.51 | 2.16 | -- | -- | -- | 0.40 | 0.60 | 0.96 | 3.51 |
| Total Non-current Assets* | 25.36 | 28.04 | 16.41 | 19.15 | 33.40 | 30.27 | 33.80 | 35.94 | 25.68 | 24.88 | 29.04 | 33.92 |
| Total Assets | 57.13 | 56.84 | 51.06 | 57.96 | 64.50 | 66.78 | 75.39 | 78.29 | 61.44 | 60.38 | 66.24 | 73.10 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 8.11 | 6.77 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | 2.33 | 13.70 | 9.00 | 13.20 | 6.67 |
| Total Current Liabilities | 57.75 | 48.04 | 65.61 | 55.16 | 36.83 | 43.62 | 53.26 | 59.78 | 53.48 | 48.80 | 49.34 | 53.02 |
| Long-term Debt | 8.08 | 10.24 | 10.54 | 11.84 | 9.00 | 5.74 | 5.77 | 6.54 | 14.27 | 11.76 | 16.03 | 18.57 |
| Total Non-current Liabilities* | 16.38 | 28.52 | 6.53 | 16.29 | 24.06 | 20.46 | 19.74 | 18.38 | 7.81 | 7.24 | 10.61 | 15.61 |
| Total Liabilities | 74.13 | 76.56 | 72.14 | 71.45 | 60.89 | 64.08 | 72.99 | 78.16 | 61.29 | 56.04 | 59.95 | 68.63 |
| Retained Earnings | (40.26) | (37.22) | (38.49) | (30.63) | (14.06) | (13.24) | (13.47) | (15.73) | (16.35) | (11.91) | (7.83) | (2.59) |
| Total Stockholder Equity | (11.49) | (14.21) | (15.57) | (7.99) | 9.11 | 8.20 | 7.90 | 5.63 | 5.64 | 9.84 | 11.78 | 9.95 |
* 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 |
|---|
| Total Revenue | 19.68 | 27.29 | 25.11 | 13.82 | 22.19 | 20.11 | 26.21 | 22.53 | 21.61 | 14.12 | 28.57 | 8.98 | 9.89 | 13.46 | 15.31 | 15.61 |
| Cost of Revenue | 11.99 | 15.64 | 15.50 | 13.81 | 15.23 | 14.26 | 14.87 | 13.82 | 13.50 | 12.04 | 19.69 | 9.46 | 9.34 | 9.82 | 11.76 | 11.47 |
| Gross Profit | 7.69 | 11.66 | 9.61 | 0.01 | 6.95 | 5.85 | 11.35 | 8.71 | 8.10 | 2.07 | 8.88 | (0.48) | 0.56 | 3.64 | 3.55 | 4.15 |
| Research & Development | 4.45 | 4.01 | 3.95 | 3.73 | 3.29 | 3.61 | 4.12 | 3.89 | 1.86 | 1.78 | 1.17 | 1.32 | 1.20 | 1.37 | 2.48 | 0.12 |
| Selling, General & Admin | 4.98 | 4.65 | 4.81 | 4.84 | 3.48 | 4.96 | 3.94 | 3.85 | 2.80 | 2.28 | 2.86 | 3.45 | 3.94 | 5.57 | 6.15 | 5.43 |
| Total Operating Expenses | 10.35 | 9.62 | 11.11 | 9.86 | 8.77 | 9.95 | 8.33 | 8.30 | 5.43 | 4.28 | 5.20 | 5.10 | 5.42 | 7.16 | 8.88 | 5.88 |
| Operating Income | (2.66) | 2.04 | (1.49) | (9.85) | (1.82) | (4.10) | 3.02 | 0.41 | 2.67 | (2.21) | 3.68 | (5.58) | (4.87) | (3.52) | (5.34) | (1.73) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.40 | -- | -- | -- | -- | -- | -- |
| Pretax Income | (3.17) | 2.24 | (1.01) | (9.43) | (2.69) | (3.42) | 1.48 | 0.39 | 2.84 | (2.26) | 3.04 | (5.59) | (5.17) | (3.78) | (5.53) | (1.94) |
| Tax Provision | (0.13) | 0.11 | (0.14) | (1.56) | 13.87 | (1.47) | 0.36 | 0.16 | 0.59 | (0.48) | 0.64 | (1.16) | (1.08) | (0.81) | (3.25) | (0.40) |
| Net Income | (3.04) | 2.13 | (0.86) | (7.86) | (16.56) | (1.95) | 1.12 | 0.24 | 2.26 | (1.78) | 2.40 | (4.43) | (4.08) | (2.97) | (2.27) | (1.54) |
| Basic EPS | -- | -- | (0.15) | (1.05) | (2.20) | (0.25) | 0.15 | 0.05 | 0.30 | (0.25) | -- | (0.60) | (0.55) | (0.40) | (0.35) | -- |
| Diluted EPS | -- | -- | -- | -- | (2.20) | (0.30) | 0.15 | 0.05 | 0.30 | (0.25) | -- | (0.60) | (0.55) | (0.40) | (0.35) | -- |
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 |
|---|
| Operating Cash Flow | (3.35) | 10.21 | (5.30) | 6.56 | (3.18) | 0.76 | (3.60) | (4.95) | 0.21 | 6.78 | 11.26 | (1.92) | (2.16) | (6.71) | (2.69) | (0.67) |
| Capital Expenditures | -- | -- | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.01 | 0.00 | 0.01 |
| Free Cash Flow* | -- | -- | (5.31) | 6.55 | -- | -- | -- | -- | -- | -- | -- | -- | (2.16) | (6.71) | (2.69) | (0.67) |
| Investing Cash Flow | (0.18) | (0.16) | (1.11) | (1.12) | (1.15) | (1.88) | -- | -- | -- | -- | -- | -- | 0.00 | 1.49 | 0.00 | 1.21 |
| Financing Cash Flow | 2.94 | (4.33) | 3.80 | (1.07) | 2.84 | 3.14 | 0.20 | (0.03) | (0.77) | (5.89) | (1.04) | 3.91 | (4.27) | (2.04) | 6.48 | (1.63) |
* Derived from reported values
