Financial Statements — SPIR
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 | 38.81 | 16.05 | 20.31 | 36.11 | 35.93 | 29.06 | 23.53 | 51.73 | 29.94 | 43.14 | 46.95 | 59.44 | 72.53 | 91.59 | 245.77 | -- | -- |
| Short-term Investments | 52.86 | 33.41 | 76.44 | 81.50 | -- | 7.57 | 22.27 | 12.00 | 20.16 | 21.08 | 25.66 | 22.40 | 20.56 | -- | -- | -- | -- |
| Accounts Receivable | 6.38 | 7.04 | 5.81 | 7.48 | 10.17 | 9.16 | 12.42 | 12.35 | 18.66 | 20.46 | 13.86 | 16.06 | 16.42 | 7.82 | 6.46 | -- | -- |
| Total Current Assets | 109.79 | 64.43 | 113.03 | 132.32 | 108.35 | 58.20 | 71.32 | 90.19 | 81.64 | 97.76 | 99.63 | 109.46 | 120.37 | 111.49 | 276.34 | 0.59 | 1.08 |
| Property, Plant & Equipment | 85.06 | 83.97 | 75.26 | 68.99 | 63.17 | 68.33 | 60.02 | 59.60 | 69.61 | 62.96 | 58.15 | 52.71 | 55.07 | 52.07 | 25.86 | -- | -- |
| Goodwill | 14.88 | 15.19 | 15.22 | 15.49 | 14.76 | 50.13 | 49.55 | 50.05 | 49.91 | 51.14 | 50.04 | 49.54 | 52.54 | 54.25 | -- | -- | -- |
| Intangible Assets | 8.00 | 8.55 | 9.33 | 9.88 | 9.80 | 28.72 | 29.26 | 30.43 | 32.07 | 33.74 | 33.91 | 35.72 | 39.57 | 42.60 | -- | -- | -- |
| Total Non-current Assets* | 116.88 | 118.43 | 111.23 | 107.21 | 100.50 | 165.99 | 159.51 | 162.14 | 174.37 | 170.60 | 163.87 | 157.16 | 168.55 | 171.88 | 27.22 | 230.03 | 230.02 |
| Total Assets | 226.66 | 182.86 | 224.26 | 239.53 | 208.85 | 224.19 | 230.83 | 252.33 | 256.01 | 268.36 | 263.50 | 266.62 | 288.92 | 283.38 | 303.56 | 230.61 | 231.10 |
| Accounts Payable | 12.38 | 15.97 | 11.37 | 8.89 | 7.29 | 10.79 | 7.53 | 5.87 | 4.62 | 4.29 | 6.52 | 5.68 | 4.38 | 7.22 | 4.74 | 1.96 | 1.33 |
| Total Current Liabilities | 58.65 | 68.52 | 59.39 | 54.40 | 161.73 | 143.80 | 139.96 | 41.37 | 42.76 | 40.45 | 36.42 | 32.80 | 28.53 | 26.04 | 45.48 | 2.01 | 1.46 |
| Long-term Debt | -- | -- | -- | -- | 103.74 | 4.91 | 4.85 | 123.13 | 117.64 | 119.79 | 119.04 | 97.07 | 96.92 | 52.68 | 45.22 | -- | -- |
| Total Non-current Liabilities* | 23.73 | 23.13 | 31.73 | 35.90 | 41.56 | 49.55 | 50.53 | 158.50 | 135.76 | 134.38 | 133.25 | 111.48 | 114.37 | 74.14 | 158.08 | 39.28 | 36.65 |
| Total Liabilities | 82.38 | 91.65 | 91.13 | 90.30 | 203.29 | 193.35 | 190.49 | 199.87 | 178.52 | 174.83 | 169.67 | 144.28 | 142.90 | 100.18 | 203.56 | 41.29 | 38.10 |
| Retained Earnings | (533.15) | (513.18) | (462.25) | (442.57) | (558.76) | (489.86) | (477.39) | (460.83) | (390.38) | (372.59) | (356.32) | (321.10) | (299.29) | (261.03) | (313.81) | (18.71) | (15.04) |
| Total Stockholder Equity* | 144.29 | 91.21 | 133.13 | 149.23 | 5.56 | 30.84 | 40.33 | 52.46 | 77.49 | 93.53 | 93.84 | 122.34 | 146.02 | 183.20 | 100.00 | 189.33 | 5.00 |
* 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 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 18.05 | 15.83 | 15.83 | 12.67 | 19.18 | 23.88 | 21.66 | 28.57 | 25.40 | 34.83 | 19.63 | 27.32 | 26.49 | 24.17 | 22.39 | 20.42 | 19.40 | 18.07 | 14.99 | 9.56 |
| Cost of Revenue | 11.89 | 9.53 | 9.47 | 8.03 | 9.81 | 15.09 | 14.63 | 15.84 | 14.49 | 25.60 | 29.48 | 9.56 | 9.63 | 10.36 | 10.71 | 10.20 | 9.57 | 9.85 | 6.33 | 5.34 |
| Gross Profit | 6.16 | 6.31 | 6.36 | 4.64 | 9.38 | 8.78 | 7.03 | 12.73 | 10.91 | 9.23 | (9.84) | 17.76 | 16.86 | 13.81 | 11.68 | 10.22 | 9.82 | 8.22 | 8.66 | 4.22 |
| Research & Development | 8.18 | 8.70 | 8.85 | 9.12 | 10.20 | 8.51 | 10.00 | 5.63 | 7.52 | 6.04 | (2.30) | 10.54 | 9.75 | 9.66 | 9.39 | 8.88 | 8.23 | 8.66 | 9.70 | 7.80 |
| Selling, General & Admin | 14.14 | 18.13 | 17.25 | 13.76 | 17.19 | 15.81 | 17.59 | 12.30 | 10.01 | 9.84 | 8.28 | 11.05 | 10.90 | 11.77 | 10.97 | 9.90 | 11.27 | 12.68 | 16.97 | 8.22 |
| Total Operating Expenses | 26.05 | 30.88 | 32.33 | 25.69 | 32.90 | 34.21 | 37.70 | 26.44 | 23.26 | 21.22 | 12.50 | 28.74 | 27.85 | 28.28 | 27.99 | 26.58 | 26.23 | 28.25 | 32.69 | 21.60 |
| Operating Income | (19.89) | (24.57) | (25.97) | (21.05) | (23.53) | (25.43) | (30.67) | (13.72) | (12.35) | (11.99) | (22.34) | (10.97) | (10.99) | (14.47) | (16.31) | (16.36) | (16.40) | (20.02) | (48.46) | (17.37) |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 1.69 | 5.73 | 5.70 | -- | -- | 5.05 | 5.02 | 4.73 | 4.71 | 4.58 | 4.23 | 3.90 | 2.79 | 3.04 | 3.15 | 2.39 |
| Pretax Income | (19.71) | (25.79) | (26.13) | (19.68) | 121.39 | (20.66) | (48.18) | (12.43) | (16.49) | (25.55) | (26.53) | (17.72) | (16.05) | (17.40) | (17.63) | (21.76) | (38.20) | (11.50) | 28.09 | (55.84) |
| Tax Provision | 0.26 | 0.06 | 1.82 | -0.00 | 1.80 | (0.01) | 0.06 | 0.04 | 0.07 | (0.01) | (0.55) | (0.08) | 0.21 | 0.27 | (0.08) | 0.05 | 0.06 | 0.29 | (0.47) | 0.27 |
| Net Income | (19.97) | (25.84) | (27.95) | (19.68) | 119.59 | (20.66) | (48.24) | (12.47) | (16.56) | (25.54) | (25.82) | (17.80) | (16.27) | (17.67) | (17.54) | (21.81) | (38.26) | (11.79) | 27.86 | (56.11) |
| Basic EPS | (0.52) | (0.78) | (0.76) | (0.61) | 3.80 | (0.77) | (1.92) | (0.50) | (0.68) | (1.17) | (2.18) | (0.86) | (0.11) | (0.12) | (0.13) | (0.16) | (0.27) | (0.08) | -- | (0.83) |
| Diluted EPS | (0.52) | (0.78) | (0.85) | (0.61) | 3.72 | (0.77) | (1.92) | (0.50) | (0.68) | (1.17) | (2.18) | (0.86) | (0.11) | (0.12) | (0.13) | (0.16) | (0.27) | (0.08) | -- | (0.83) |
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 | (23.37) | (26.21) | (4.28) | (12.05) | (35.08) | (8.43) | (19.20) | 13.99 | (4.39) | (8.85) | (8.57) | (5.14) | (11.30) | (11.29) | (5.11) | (10.21) | (17.50) | (14.99) | (17.98) | (39.16) |
| Capital Expenditures | 5.45 | 7.97 | 11.88 | 8.39 | 3.61 | 8.90 | 5.09 | 8.91 | 5.53 | 7.06 | (6.34) | 11.02 | 8.03 | 4.65 | 2.97 | 3.46 | 8.24 | 4.24 | 6.11 | 9.31 |
| Free Cash Flow* | (28.82) | (34.18) | (16.16) | (20.44) | (38.68) | (17.33) | (24.29) | 5.08 | (9.91) | (15.91) | (2.23) | (16.16) | (19.33) | (15.94) | (8.08) | (13.67) | (25.74) | (19.23) | (24.09) | (48.47) |
| Investing Cash Flow | (24.42) | 16.00 | 8.27 | (2.40) | 154.22 | (8.90) | 2.51 | 5.99 | (15.55) | (7.18) | 14.98 | (9.82) | (3.16) | (6.96) | (3.49) | (5.24) | (28.84) | (4.26) | (110.03) | (9.45) |
| Financing Cash Flow | 70.22 | 0.02 | 0.37 | 0.95 | (114.16) | 37.94 | 0.59 | (10.00) | (9.74) | 38.15 | (4.27) | 0.00 | 8.29 | 19.89 | 1.00 | (0.26) | 24.90 | 0.73 | (20.83) | 291.44 |
* Derived from reported values
