Financial Statements — SOUNW
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 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 0.20 | 0.22 | 0.27 | 0.23 | 0.25 | 0.14 | 0.20 | 0.21 | 0.10 | 0.12 | 0.05 | 0.03 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 0.28 | 0.29 | 0.34 | 0.28 | 0.30 | 0.18 | 0.22 | 0.23 | 0.11 | 0.13 | 0.05 | 0.04 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- |
| Goodwill | 0.12 | 0.12 | 0.12 | 0.10 | 0.10 | 0.11 | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 0.19 | 0.17 | 0.19 | 0.16 | 0.17 | 0.18 | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.39 | 0.36 | 0.37 | 0.30 | 0.29 | 0.32 | 0.04 | 0.05 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.13 | 0.13 | 0.13 | 0.13 |
| Total Assets | 0.67 | 0.64 | 0.70 | 0.58 | 0.59 | 0.50 | 0.27 | 0.29 | 0.14 | 0.16 | 0.07 | 0.06 | 0.09 | 0.13 | 0.13 | 0.13 | 0.13 |
| Accounts Payable | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- |
| Total Current Liabilities | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.07 | 0.03 | 0.03 | 0.02 | 0.03 | 0.04 | 0.04 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term Debt | -- | -- | -- | -- | -- | 0.04 | 0.00 | 0.09 | 0.08 | 0.07 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.11 | 0.11 | 0.24 | 0.16 | 0.13 | 0.13 | 0.02 | 0.11 | 0.10 | 0.09 | 0.03 | 0.04 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 0.18 | 0.18 | 0.30 | 0.22 | 0.19 | 0.20 | 0.04 | 0.13 | 0.12 | 0.12 | 0.07 | 0.08 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 |
| Retained Earnings | (1.02) | (0.98) | (1.00) | (0.89) | (0.81) | (0.68) | (0.66) | (0.63) | (0.57) | (0.55) | (0.53) | (0.47) | (0.44) | -0.00 | -0.00 | -0.00 | -0.00 |
| Total Stockholder Equity* | 0.49 | 0.46 | 0.40 | 0.36 | 0.40 | 0.30 | 0.22 | 0.16 | 0.03 | 0.04 | 0.00 | (0.01) | 0.00 | -0.00 | 0.00 | 0.13 | 0.01 |
* 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 | 61.90 | 44.20 | 55.06 | 42.05 | 42.68 | 29.13 | 34.54 | 25.09 | 13.46 | 11.59 | 17.15 | 13.27 | 8.75 | 6.71 | 9.50 | 11.19 | 6.15 | -- | -- | -- |
| Cost of Revenue | 33.97 | 30.45 | 28.71 | 24.13 | 26.02 | 18.51 | 20.76 | 12.90 | 4.98 | 4.67 | 3.91 | 3.59 | 1.83 | 1.98 | 2.76 | 2.58 | 2.49 | -- | -- | -- |
| Gross Profit* | 27.93 | 13.74 | 26.35 | 17.92 | 16.66 | 10.62 | 13.78 | 12.19 | 8.48 | 6.93 | 13.24 | 9.68 | 6.92 | 2.52 | 6.75 | 8.60 | 3.66 | -- | -- | -- |
| Research & Development | 27.13 | 26.20 | 24.84 | 22.85 | 25.81 | 24.76 | 20.39 | 19.55 | 15.74 | 14.88 | 12.71 | 12.81 | 11.74 | 14.18 | 21.53 | 19.35 | 18.86 | -- | -- | -- |
| Selling, General & Admin | 25.99 | 25.68 | 21.21 | 24.35 | 18.23 | 18.41 | 16.44 | 17.03 | 9.54 | 10.27 | 7.85 | 6.93 | 6.38 | 7.13 | 7.23 | 9.59 | 9.36 | -- | -- | -- |
| Total Operating Expenses* | 71.23 | 36.41 | (16.22) | 133.81 | 94.71 | (117.48) | 270.86 | 45.96 | 30.47 | 35.45 | 25.63 | 24.21 | 23.36 | 3.01 | 35.50 | 35.61 | 32.59 | -- | -- | -- |
| Operating Income | (43.30) | (22.67) | 42.57 | (115.89) | (78.05) | 128.10 | (257.07) | (33.77) | (21.98) | (28.53) | (12.60) | (14.53) | (16.44) | (25.04) | (48.98) | (27.01) | (28.93) | (0.49) | (0.55) | (0.23) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.66 | 5.46 | 5.44 | 5.57 | 1.10 | 1.18 | 1.17 | 1.57 | -- | -- | -- |
| Pretax Income | (40.63) | (24.23) | 42.26 | (108.81) | (73.47) | 130.75 | (258.29) | (32.24) | (36.68) | (32.71) | (18.83) | (18.64) | (21.51) | (26.04) | (29.40) | (28.06) | (30.28) | -- | -- | -- |
| Tax Provision | 2.18 | 0.80 | 2.20 | 0.46 | 1.26 | 0.82 | 0.31 | (10.49) | 0.64 | 0.30 | 1.61 | 1.56 | 0.42 | 0.33 | 1.28 | 0.86 | 0.39 | -- | -- | -- |
| Net Income | (42.82) | (25.03) | 40.06 | (109.27) | (74.72) | 129.93 | (258.60) | (21.75) | (37.32) | (33.01) | (20.44) | (20.20) | (21.93) | (26.37) | (55.40) | (28.92) | (30.67) | (0.39) | (0.64) | (0.19) |
| Basic EPS | (0.10) | (0.06) | 0.10 | (0.27) | (0.19) | 0.33 | (0.75) | (0.06) | (0.11) | (0.12) | (0.08) | (0.09) | (0.10) | (0.13) | (0.37) | (0.15) | (0.19) | (0.02) | -- | -- |
| Diluted EPS | (0.10) | (0.11) | (0.13) | (0.27) | (0.19) | 0.31 | (0.75) | (0.06) | (0.11) | (0.12) | (0.08) | (0.09) | (0.10) | (0.13) | (0.37) | (0.15) | (0.19) | (0.02) | -- | -- |
* 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 | (33.71) | (26.26) | (21.89) | (32.65) | (24.50) | (19.18) | (33.12) | (35.31) | (18.49) | (21.95) | (13.87) | (20.74) | (19.18) | (14.47) | (20.41) | (26.84) | (46.55) | (0.22) | (0.39) | (0.17) |
| Capital Expenditures | 0.35 | 0.47 | 0.38 | 0.17 | 0.19 | 0.16 | 0.08 | 0.23 | 0.24 | 0.10 | 0.06 | 0.04 | 0.28 | 0.02 | 0.14 | 0.21 | 0.98 | -- | -- | -- |
| Free Cash Flow* | (34.06) | (26.73) | (22.26) | (32.83) | (24.69) | (19.35) | (33.20) | (35.54) | (18.73) | (22.05) | (13.93) | (20.78) | (19.46) | (14.48) | (20.55) | (27.04) | (47.53) | -- | -- | -- |
| Investing Cash Flow | (29.67) | (3.06) | (2.54) | (56.61) | (0.19) | (0.16) | (0.08) | (7.50) | (0.29) | (3.79) | (0.06) | (0.04) | (0.29) | (0.01) | (0.14) | (0.21) | (0.98) | -- | 0.00 | 0.00 |
| Financing Cash Flow | 49.94 | (3.24) | 3.56 | 127.91 | 9.60 | 67.01 | 95.46 | (21.58) | (5.67) | 142.70 | 13.06 | 1.17 | 102.44 | 51.57 | (3.61) | (4.55) | 90.17 | -- | 0.00 | 0.00 |
* Derived from reported values