Financial Statements — SPRB
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 | 96.30 | 54.08 | 10.67 | 16.39 | 25.62 | 60.06 | 69.68 | 81.15 | 98.80 | 97.48 | 73.93 | 21.65 | 47.21 | 23.34 | 58.36 | 78.28 | 148.63 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | 9.23 | 23.04 | 44.66 | 68.75 | 46.09 | 68.01 | 33.96 | 30.95 | -- |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15.00 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 101.15 | 55.03 | 14.52 | 20.95 | 30.58 | 63.57 | 73.91 | 85.87 | 111.14 | 124.13 | 137.24 | 93.19 | 96.51 | 95.10 | 93.92 | 111.37 | 151.59 |
| Property, Plant & Equipment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.13 | 0.13 | -- | -- | -- |
| Total Non-current Assets* | 1.70 | 1.13 | 0.80 | 0.87 | 1.07 | 1.53 | 1.61 | 1.67 | 1.85 | 1.83 | 1.88 | 2.11 | 8.01 | 19.89 | 41.17 | 32.08 | 2.40 |
| Total Assets | 102.85 | 56.17 | 15.31 | 21.82 | 31.65 | 65.10 | 75.52 | 87.54 | 112.99 | 125.96 | 139.11 | 95.30 | 104.52 | 114.99 | 135.09 | 143.45 | 153.99 |
| Accounts Payable | 1.21 | 2.68 | 1.39 | 0.81 | 1.88 | 1.80 | 0.68 | 1.89 | 3.15 | 0.95 | 3.45 | 2.18 | 1.45 | 1.11 | 2.13 | 1.11 | 2.57 |
| Total Current Liabilities | 10.96 | 11.78 | 9.43 | 8.06 | 15.67 | 11.86 | 14.29 | 18.39 | 24.19 | 22.73 | 23.00 | 12.00 | 10.10 | 8.97 | 9.06 | 6.98 | 6.85 |
| Long-term Debt | 19.94 | 20.41 | 0.55 | 0.97 | 1.40 | 2.30 | 2.76 | 3.23 | 4.20 | 4.68 | 5.17 | 5.62 | 4.89 | 4.89 | 4.87 | 4.86 | 4.84 |
| Total Non-current Liabilities* | 8.16 | 9.73 | 0.50 | 0.58 | 0.66 | 1.61 | 2.07 | 2.52 | 3.42 | 6.67 | 8.12 | 4.82 | 5.29 | 5.78 | 6.31 | 6.36 | 6.42 |
| Total Liabilities | 19.12 | 21.52 | 9.93 | 8.64 | 16.33 | 13.46 | 16.35 | 20.92 | 27.60 | 29.40 | 31.12 | 16.82 | 15.39 | 14.75 | 15.37 | 13.34 | 13.27 |
| Retained Earnings | (317.73) | (301.50) | (274.59) | (266.38) | (264.31) | (226.71) | (218.04) | (208.86) | (187.28) | (174.93) | (162.10) | (138.17) | (126.77) | (114.89) | (93.95) | (82.50) | (70.73) |
| Total Stockholder Equity | 83.73 | 34.65 | 5.39 | 13.18 | 15.32 | 51.64 | 59.17 | 66.62 | 85.38 | 96.56 | 108.00 | 78.47 | 89.12 | 100.24 | 119.72 | 130.11 | 140.72 |
* 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 | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.70 | 0.60 | 1.61 | 2.00 | 2.89 | 3.07 | 2.17 | 1.96 | -- | -- | -- | -- | -- | -- |
| Research & Development | 12.16 | 7.58 | 4.10 | 5.01 | (0.43) | 10.84 | 21.46 | 6.55 | 8.09 | 10.32 | 11.10 | 13.49 | 13.13 | 11.71 | 8.84 | 8.79 | 9.06 | 8.51 | 6.26 | 8.61 |
| Selling, General & Admin | 4.35 | 4.41 | 7.00 | 3.22 | 3.12 | 3.66 | 3.31 | 3.46 | 3.56 | 4.32 | 2.95 | 3.24 | 3.01 | 3.45 | 3.27 | 2.77 | 2.82 | 3.23 | 2.88 | 2.79 |
| Total Operating Expenses | 16.51 | 11.99 | 11.10 | 8.23 | 2.69 | 14.49 | 24.77 | 10.01 | 11.65 | 14.64 | 14.05 | 16.73 | 16.14 | 15.16 | 12.11 | 11.56 | 11.88 | 11.73 | 9.14 | 11.40 |
| Operating Income | (16.51) | (11.99) | (11.10) | (8.23) | (2.69) | (14.49) | (24.07) | (9.41) | (10.04) | (12.63) | (11.16) | (13.66) | (13.97) | (13.20) | (12.11) | (11.56) | (11.88) | (11.73) | (9.13) | (11.40) |
| Interest Expense | 1.10 | 0.67 | 0.01 | 0.02 | 0.03 | 0.04 | 0.06 | 0.07 | 0.08 | 0.10 | 0.11 | 0.12 | 0.13 | 0.13 | 0.13 | 0.11 | 0.09 | 0.09 | 0.09 | 0.09 |
| Net Income | (16.23) | (12.27) | (14.65) | (8.21) | (2.07) | (14.04) | (23.56) | (8.67) | (9.18) | (11.62) | (9.95) | (12.35) | (12.82) | (12.79) | (11.14) | (11.40) | (11.87) | (11.76) | (9.18) | (11.45) |
| Basic EPS | (6.68) | (8.94) | (32.43) | (14.58) | (3.50) | (0.32) | (0.58) | (0.21) | (0.22) | (0.28) | (0.22) | (0.30) | (0.32) | (0.40) | (0.47) | (0.48) | -- | -- | -- | -- |
| Diluted EPS | (6.68) | (8.94) | (32.43) | (14.58) | (3.50) | (0.32) | (0.58) | (0.21) | (0.22) | (0.28) | (0.22) | (0.30) | (0.32) | (0.40) | (0.47) | (0.48) | -- | -- | -- | -- |
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 | (22.12) | (8.73) | (6.46) | (5.32) | (8.83) | (12.73) | (20.68) | (9.22) | (11.11) | (14.96) | (11.21) | (12.27) | 1.99 | (11.79) | (11.74) | (8.58) | (9.54) | (11.83) | (9.80) | (7.60) |
| Capital Expenditures | 0.14 | 0.01 | -- | -- | -- | -- | 0.00 | 0.00 | -- | -- | 0.00 | 0.01 | 0.00 | -- | 0.00 | 0.00 | 0.01 | -- | 0.01 | 0.07 |
| Free Cash Flow* | (22.25) | (8.74) | -- | -- | -- | -- | (20.68) | (9.22) | -- | -- | (11.21) | (12.28) | 1.99 | -- | (11.74) | (8.58) | (9.55) | -- | (9.80) | (7.66) |
| Investing Cash Flow | (0.13) | (0.01) | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 9.30 | 13.99 | 22.00 | 10.48 | 14.57 | (16.89) | 33.51 | (7.49) | (5.98) | (12.33) |
| Financing Cash Flow | 64.47 | 13.92 | 44.69 | (0.40) | (0.40) | (0.41) | (0.62) | (0.40) | (0.36) | (0.23) | (0.55) | (0.40) | (0.43) | 50.53 | 0.04 | (0.09) | (0.10) | (0.09) | 0.17 | 0.02 |
* Derived from reported values
