Financial Statements — SNWV
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 | 9.38 | 10.78 | 9.60 | 8.50 | 8.50 | 3.26 | 2.46 | 2.94 | 1.10 | 0.33 | 0.11 | 1.11 | 1.48 | 0.31 | 0.33 | 0.26 | 0.10 |
| Accounts Receivable | 5.80 | 6.00 | 4.62 | 3.85 | 3.87 | 2.84 | 3.15 | 3.01 | 3.23 | 2.82 | 2.97 | 2.40 | 1.75 | 1.73 | 2.42 | 1.89 | 1.73 |
| Inventory | 7.07 | 5.90 | 6.81 | 5.91 | 5.46 | 3.43 | 2.73 | 2.46 | 1.71 | 0.90 | 1.07 | 1.41 | 0.93 | 1.00 | 1.53 | 2.44 | 2.94 |
| Total Current Assets | 23.20 | 23.96 | 22.63 | 20.17 | 18.83 | 9.90 | 8.72 | 10.83 | 7.39 | 6.10 | 4.52 | 6.86 | 5.34 | 3.41 | 4.70 | 4.99 | 5.16 |
| Property, Plant & Equipment | 2.26 | 1.91 | 1.99 | 1.59 | 0.45 | 0.77 | 0.95 | 0.98 | 1.08 | 1.05 | 0.76 | 0.67 | 0.54 | 0.32 | 0.63 | 0.66 | 0.53 |
| Goodwill | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 | 7.26 |
| Intangible Assets | 2.89 | 2.92 | 3.20 | 3.38 | 3.55 | 3.91 | 4.08 | 4.26 | 4.61 | 4.79 | 4.96 | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 13.40 | 13.14 | 12.97 | 12.88 | 12.02 | 11.94 | 12.29 | 12.49 | 12.95 | 13.10 | 12.98 | 13.25 | 13.28 | 13.61 | 14.49 | 14.75 | 15.12 |
| Total Assets | 36.60 | 37.10 | 35.60 | 33.05 | 30.86 | 21.84 | 21.01 | 23.32 | 20.34 | 19.20 | 17.50 | 20.11 | 18.62 | 17.01 | 19.18 | 19.74 | 20.28 |
| Accounts Payable | 3.31 | 3.32 | 3.99 | 4.00 | 4.15 | 4.14 | 3.89 | 5.06 | 4.62 | 4.86 | 5.26 | 5.06 | 7.08 | 6.70 | 7.07 | 5.93 | 5.73 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 32.00 | 1.48 | -- | -- | -- | -- |
| Total Current Liabilities | 18.17 | 18.30 | 19.58 | 46.50 | 47.27 | 81.51 | 59.97 | 70.18 | 85.43 | 79.28 | 70.65 | 52.47 | 51.30 | 53.23 | 47.31 | 43.53 | 35.39 |
| Long-term Debt | -- | 20.51 | 23.28 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 23.37 | 25.47 | 24.18 | 21.33 | -- |
| Total Non-current Liabilities | 15.65 | 16.95 | 18.95 | 1.32 | 0.88 | 0.59 | 0.65 | 0.74 | 0.86 | 0.76 | 0.64 | 0.50 | 1.12 | 1.17 | 1.38 | 1.46 | 1.52 |
| Total Liabilities | 33.82 | 35.26 | 38.53 | 47.82 | 48.15 | 82.11 | 60.62 | 70.92 | 86.30 | 80.04 | 71.29 | 52.96 | 52.42 | 54.40 | 48.69 | 44.99 | 36.91 |
| Retained Earnings | (244.81) | (244.12) | (245.72) | (256.04) | (257.10) | (238.67) | (218.02) | (224.58) | (238.28) | (214.58) | (207.32) | (186.08) | (185.67) | (188.37) | (174.49) | (170.24) | (161.63) |
| Total Stockholder Equity | 2.79 | 1.84 | (2.93) | (14.77) | (17.29) | (60.26) | (39.61) | (47.59) | (65.95) | (60.84) | (53.79) | (32.85) | (33.80) | (37.39) | (29.50) | (25.25) | (16.63) |
* 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 | 9.74 | 9.62 | 13.09 | 11.42 | 10.15 | 9.29 | 10.28 | 9.29 | 7.08 | 5.68 | 6.53 | 4.82 | 4.41 | 3.49 | 5.20 | 4.17 | 3.54 | 2.85 | 2.63 | 3.73 |
| Cost of Revenue | 2.32 | 2.19 | 3.39 | 2.53 | 2.21 | 1.96 | 2.29 | 2.29 | 1.92 | 1.58 | 2.16 | 1.41 | 1.20 | 1.26 | 1.74 | 0.61 | 1.10 | 0.89 | 1.33 | 1.56 |
| Gross Profit | 7.42 | 7.43 | 9.70 | 8.93 | 7.96 | 7.38 | 8.04 | 7.07 | 5.24 | 4.20 | 4.84 | 3.54 | 3.47 | 2.51 | 3.76 | 3.56 | 2.79 | 2.31 | 2.93 | 2.17 |
| Research & Development | 0.63 | 0.66 | 0.61 | 0.35 | 0.19 | 0.21 | 0.15 | 0.16 | 0.20 | 0.16 | 0.14 | 0.17 | 0.14 | 0.13 | 0.07 | 0.16 | 0.17 | 0.17 | 0.18 | 0.30 |
| Selling, General & Admin | 4.90 | 5.25 | 6.06 | 4.81 | 4.04 | 4.47 | 3.29 | 2.55 | 1.84 | 3.68 | 2.00 | 2.68 | 1.24 | 2.76 | 4.07 | 3.40 | 2.94 | 2.14 | 2.20 | 3.06 |
| Total Operating Expenses | 7.70 | 8.56 | 9.09 | 7.46 | 6.08 | 6.40 | 5.52 | 5.11 | 3.25 | 5.25 | 3.80 | 4.07 | 2.54 | 4.49 | 7.47 | 5.40 | 4.85 | 3.64 | 5.30 | 5.51 |
| Operating Income | (0.28) | (1.12) | 0.62 | 1.47 | 1.88 | 0.99 | 2.52 | 1.95 | 1.99 | (1.05) | 1.04 | (0.53) | 0.93 | (1.98) | (3.71) | (1.84) | (2.07) | (1.34) | (2.37) | (3.33) |
| Pretax Income* | (0.68) | -- | -- | -- | -- | -- | -- | -- | -- | -- | 18.24 | (23.70) | (7.26) | (13.08) | (8.16) | (0.41) | 2.70 | (4.42) | (9.45) | (4.25) |
| Tax Provision | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Net Income | (0.68) | (1.44) | 6.11 | 10.33 | 1.06 | (5.68) | (12.75) | (20.66) | 6.56 | (4.53) | 18.24 | (23.70) | (7.26) | (13.08) | (8.16) | (0.41) | 2.70 | (4.42) | (9.45) | (4.25) |
| Basic EPS | (0.08) | (0.17) | 0.72 | 1.20 | 0.12 | (0.66) | (0.55) | (6.49) | 0.01 | 0.00 | 0.03 | (0.03) | (0.01) | (0.02) | (0.02) | 0.00 | 0.01 | (0.01) | (0.01) | (0.01) |
| Diluted EPS | (0.08) | (0.17) | 0.60 | 0.46 | 0.01 | (0.66) | (0.54) | (6.49) | 0.00 | 0.00 | 0.03 | (0.03) | (0.01) | (0.02) | (0.01) | 0.00 | 0.00 | (0.01) | (0.01) | (0.01) |
* 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 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 0.43 | 0.40 | 3.32 | 1.08 | 0.99 | (1.52) | 0.74 | 1.28 | (0.67) | 1.10 | (1.28) | (2.04) | (0.84) | (0.37) | (3.99) | (7.97) | (2.07) | (3.13) | 0.10 | (1.26) |
| Capital Expenditures | 0.33 | 0.02 | 0.10 | 0.53 | 1.16 | 0.16 | 0.24 | 0.05 | 0.09 | 0.11 | -- | 0.00 | 0.15 | 0.02 | -- | 0.00 | 0.00 | -- | 0.09 | 0.16 |
| Free Cash Flow* | 0.09 | 0.37 | 3.22 | 0.56 | (0.17) | (1.68) | 0.51 | 1.23 | (0.76) | 0.99 | -- | (2.04) | (0.99) | (0.39) | -- | (7.97) | (2.07) | -- | 0.01 | (1.42) |
| Investing Cash Flow | (0.45) | (0.16) | 0.28 | 4.47 | (1.16) | (0.16) | (0.24) | (0.05) | (0.09) | (0.11) | 0.18 | 0.01 | (0.15) | (0.02) | (0.69) | 0.07 | 0.59 | 0.36 | (0.09) | (0.16) |
| Financing Cash Flow | (1.38) | (1.42) | (1.24) | (4.45) | 0.16 | (0.06) | 6.47 | (0.43) | 0.27 | 0.04 | 1.86 | 1.93 | 2.08 | (0.65) | 4.72 | 7.56 | 2.63 | 2.47 | 0.23 | 1.53 |
* Derived from reported values