Financial Statements — SPRY
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 | 8.16 | 24.32 | 59.56 | 51.54 | 39.86 | 39.66 | 36.63 | 56.01 | 60.53 | 119.02 | 87.86 | 203.22 | 218.69 | 233.99 | 300.66 | 359.69 | 374.21 |
| Short-term Investments | 135.68 | 176.65 | 228.65 | 188.59 | 235.86 | 164.97 | 182.12 | 167.63 | 181.37 | 133.19 | 176.69 | 63.40 | 39.28 | 19.86 | -- | -- | -- |
| Accounts Receivable | 46.84 | 28.66 | 36.45 | 25.13 | 9.30 | 0.77 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 30.73 | 32.04 | 21.43 | 22.11 | 7.27 | 0.72 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 211.51 | 245.24 | 338.86 | 281.44 | 303.86 | 208.79 | 220.74 | 226.24 | 244.47 | 255.03 | 267.35 | 270.80 | 263.13 | 261.33 | 305.36 | 363.03 | 378.35 |
| Property, Plant & Equipment | 2.09 | 2.29 | 1.21 | 1.08 | 1.08 | 0.84 | 0.64 | 0.62 | 0.62 | 0.59 | 0.58 | 0.02 | 2.49 | 2.43 | 1.91 | 1.98 | 1.60 |
| Intangible Assets | 4.97 | 5.25 | 4.66 | 2.54 | 2.46 | 7.50 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 37.99 | 42.34 | 33.94 | 32.04 | 23.46 | 8.81 | 1.23 | 1.34 | 4.09 | 3.72 | 3.84 | 0.27 | 30.87 | 51.14 | 47.21 | 3.95 | 3.85 |
| Total Assets | 249.50 | 287.57 | 372.80 | 313.47 | 327.32 | 217.60 | 221.97 | 227.58 | 248.56 | 258.75 | 271.19 | 271.06 | 294.00 | 312.47 | 352.56 | 366.98 | 382.20 |
| Accounts Payable | 59.73 | 48.26 | 49.77 | 44.26 | 27.01 | 16.52 | 6.57 | 3.50 | 10.95 | 9.82 | 9.60 | 0.13 | 2.11 | 2.63 | 1.72 | 1.81 | 4.37 |
| Total Current Liabilities | 60.86 | 49.61 | 50.88 | 45.60 | 27.62 | 16.62 | 6.73 | 3.72 | 11.18 | 10.05 | 9.84 | 3.99 | 11.14 | 14.81 | 15.35 | 15.55 | 11.60 |
| Long-term Debt | 96.68 | 96.52 | 96.23 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 176.12 | 176.65 | 174.27 | 75.55 | 70.72 | 0.00 | 0.00 | 0.00 | 0.09 | 0.15 | 0.20 | 0.00 | 4.07 | 4.43 | 5.08 | 1.78 | 2.06 |
| Total Liabilities | 236.98 | 226.26 | 225.15 | 121.15 | 98.34 | 16.62 | 6.73 | 3.72 | 11.27 | 10.20 | 10.04 | 3.99 | 15.21 | 19.24 | 20.43 | 17.33 | 13.65 |
| Retained Earnings | (417.56) | (355.22) | (253.28) | (202.13) | (157.24) | (173.24) | (154.11) | (141.59) | (124.13) | (109.27) | (91.90) | (248.14) | (230.27) | (210.84) | (162.75) | (140.10) | (115.60) |
| Total Stockholder Equity | 12.51 | 61.31 | 147.66 | 192.32 | 228.97 | 200.98 | 215.24 | 223.87 | 237.28 | 248.55 | 261.15 | 267.07 | 278.79 | 293.23 | 332.13 | 349.65 | 368.55 |
* 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 | 33.66 | 22.68 | 28.09 | 32.50 | 15.72 | 7.97 | 86.58 | 2.07 | 0.50 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.00 | 0.19 | 0.46 | 0.66 | -- | -- |
| Research & Development | 4.70 | 4.34 | 3.44 | 2.75 | 4.04 | 2.95 | 3.03 | 4.42 | 6.90 | 5.23 | 3.40 | 3.00 | 7.31 | 6.55 | (19.13) | 8.36 | 12.25 | 16.90 | 15.87 | 15.64 |
| Selling, General & Admin | 77.58 | 72.20 | 59.96 | 74.75 | 54.31 | 41.10 | 52.19 | 19.28 | 8.94 | 7.96 | 6.82 | 14.98 | 13.31 | 12.18 | (7.15) | 10.26 | 7.55 | 7.80 | 7.64 | 7.04 |
| Total Operating Expenses | 95.12 | 82.83 | 69.55 | 85.69 | 63.33 | 45.15 | 39.38 | 23.82 | 15.84 | 13.19 | 10.23 | 17.98 | 20.61 | 18.73 | (26.60) | 18.94 | 19.80 | 24.70 | 23.51 | 22.68 |
| Operating Income | (61.46) | (60.14) | (41.46) | (53.19) | (47.61) | (37.18) | 47.20 | (21.75) | (15.34) | (13.19) | (10.23) | (17.98) | (20.60) | (18.71) | 27.92 | (18.94) | (19.80) | (24.70) | (23.51) | (22.68) |
| Net Income | (62.34) | (60.62) | (41.32) | (51.15) | (44.88) | (33.94) | 49.93 | (19.13) | (12.52) | (10.29) | (7.17) | (14.87) | (17.37) | (14.96) | 27.24 | (17.86) | (19.43) | (24.63) | (23.46) | (22.65) |
| Basic EPS | (0.63) | (0.61) | (0.41) | (0.52) | (0.46) | (0.35) | 0.52 | (0.20) | (0.13) | (0.11) | (0.07) | (0.16) | (0.18) | (0.16) | 0.89 | (0.50) | -- | -- | -- | -- |
| Diluted EPS | (0.63) | (0.61) | (0.41) | (0.52) | (0.46) | (0.35) | 0.52 | (0.20) | (0.13) | (0.11) | (0.07) | (0.16) | (0.18) | (0.16) | 0.89 | (0.50) | -- | -- | -- | -- |
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 | (60.93) | (44.95) | (43.48) | (47.05) | (39.59) | (40.74) | 42.00 | (14.47) | (7.28) | (6.71) | (17.40) | (12.76) | (16.67) | (12.43) | 11.40 | (16.58) | (15.15) | (19.74) | (21.30) | (19.12) |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.20 | 0.05 | 0.09 | 0.30 | 0.14 | 0.04 | 0.08 | (0.09) | 0.04 | 0.03 | 0.19 | (0.48) | 0.07 | 0.29 | 0.33 | 0.55 | 0.09 |
| Free Cash Flow* | (60.93) | (44.95) | (43.48) | (47.24) | (39.64) | (40.83) | 41.70 | (14.61) | (7.32) | (6.79) | (17.31) | (12.81) | (16.70) | (12.62) | 11.88 | (16.65) | (15.44) | (20.07) | (21.85) | (19.21) |
| Investing Cash Flow | 41.57 | 27.79 | 24.11 | (44.98) | 48.57 | 29.06 | (101.76) | 16.82 | (12.65) | (8.51) | 26.04 | (46.64) | 44.97 | (111.55) | 0.49 | (0.07) | (0.29) | (0.33) | (25.68) | (40.06) |
| Financing Cash Flow | 3.20 | 0.16 | 1.13 | 100.05 | 2.70 | 0.73 | 70.92 | 0.68 | 0.55 | 0.26 | 1.81 | 0.92 | 2.85 | 1.32 | 189.39 | 1.18 | 0.14 | 0.02 | 0.28 | 0.15 |
* Derived from reported values
