Financial Statements — SRTS
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 | 15.19 | 18.33 | 24.45 | 22.16 | 19.07 | 22.56 | 18.97 | 14.73 | 20.49 | 20.05 | 19.34 | 37.58 | 33.70 | 32.83 | 16.39 | 15.20 | 13.65 |
| Accounts Receivable | 1.68 | 3.58 | 9.34 | 12.62 | 18.02 | 16.96 | 18.29 | 19.63 | 6.88 | 9.15 | 12.73 | 7.40 | 10.31 | 10.54 | 4.07 | 4.58 | 4.06 |
| Inventory | 18.46 | 16.50 | 13.04 | 12.41 | 9.92 | 11.97 | 12.77 | 14.72 | 13.20 | 10.13 | 6.34 | 2.35 | 1.69 | 2.33 | 2.04 | 3.13 | 4.30 |
| Total Current Assets | 37.68 | 42.59 | 50.21 | 52.22 | 54.20 | 54.81 | 54.47 | 53.91 | 45.86 | 47.39 | 49.07 | 51.53 | 50.97 | 48.46 | 24.47 | 24.39 | 23.92 |
| Property, Plant & Equipment | 2.75 | 2.31 | 2.52 | 2.71 | 2.68 | 1.64 | 0.71 | 0.63 | 0.42 | 0.37 | 0.40 | 0.47 | 0.42 | 0.43 | 0.68 | 0.79 | 1.19 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.03 | 0.07 | 0.10 | 0.12 | 0.17 | 0.19 | 0.31 |
| Total Non-current Assets* | 3.58 | 8.96 | 8.09 | 6.63 | 6.01 | 5.05 | 3.69 | 3.36 | 4.69 | 4.63 | 4.33 | 3.23 | 5.38 | 5.47 | 1.16 | 1.97 | 2.57 |
| Total Assets | 41.26 | 51.55 | 58.30 | 58.85 | 60.21 | 59.86 | 58.16 | 57.27 | 50.55 | 52.02 | 53.40 | 54.76 | 56.35 | 53.93 | 25.63 | 26.36 | 26.48 |
| Accounts Payable | 3.17 | 4.69 | 5.62 | 5.37 | 5.64 | 3.97 | 3.28 | 3.70 | 4.00 | 3.94 | 4.93 | 4.88 | 4.81 | 4.42 | 2.69 | 3.03 | 2.83 |
| Total Current Liabilities | 4.33 | 5.86 | 6.80 | 6.41 | 6.73 | 5.21 | 4.68 | 5.47 | 5.23 | 5.19 | 6.17 | 6.58 | 10.18 | 10.26 | 4.77 | 5.15 | 4.68 |
| Total Non-current Liabilities* | 0.07 | 0.14 | 0.30 | 0.38 | 0.45 | 0.52 | 0.58 | 0.59 | 0.73 | 0.81 | 0.91 | 1.05 | 1.13 | 1.21 | 0.25 | 0.99 | 1.37 |
| Total Liabilities | 4.40 | 6.00 | 7.10 | 6.79 | 7.18 | 5.73 | 5.26 | 6.07 | 5.96 | 6.01 | 7.07 | 7.64 | 11.30 | 11.47 | 5.02 | 6.15 | 6.05 |
| Retained Earnings | (5.66) | 3.09 | 8.88 | 9.82 | 10.86 | 11.89 | 10.67 | 9.06 | 2.58 | 4.03 | 4.41 | 3.47 | 1.64 | (1.88) | (23.26) | (23.45) | (23.18) |
| Total Stockholder Equity | 36.86 | 45.54 | 51.19 | 52.06 | 53.03 | 54.13 | 52.90 | 51.21 | 44.59 | 46.01 | 46.32 | 47.12 | 45.05 | 42.46 | 20.61 | 20.22 | 20.43 |
* 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 | 2.29 | 3.39 | 4.94 | 6.88 | 7.32 | 8.34 | 13.07 | 8.84 | 9.24 | 10.66 | 12.57 | 3.90 | 4.53 | 3.41 | 13.10 | 9.01 | 12.08 | 10.34 | 13.03 | 5.53 |
| Cost of Revenue | 1.52 | 2.40 | 3.04 | 4.17 | 4.41 | 3.99 | 5.96 | 3.60 | 3.82 | 4.00 | 4.74 | 1.91 | 1.91 | 1.79 | 4.76 | 3.14 | 3.82 | 3.19 | 4.17 | 2.32 |
| Gross Profit | 0.77 | 0.99 | 1.90 | 2.71 | 2.90 | 4.35 | 7.11 | 5.24 | 5.42 | 6.66 | 7.83 | 1.99 | 2.62 | 1.62 | 8.35 | 5.87 | 8.26 | 7.15 | 8.86 | 3.20 |
| Research & Development | 1.11 | 1.59 | 1.88 | 1.82 | 1.47 | 2.61 | 1.56 | 0.86 | 0.87 | 0.93 | 0.68 | 1.08 | 0.82 | 1.10 | 1.16 | 0.75 | 0.83 | 0.73 | 1.11 | 0.74 |
| Selling, General & Admin | 1.79 | 2.04 | 1.76 | 1.92 | 1.99 | 2.21 | 2.42 | 1.57 | 1.58 | 1.58 | 0.95 | 1.51 | 1.33 | 1.36 | 1.44 | 1.16 | 1.13 | 1.27 | 1.10 | 1.08 |
| Total Operating Expenses | 3.95 | 5.35 | 5.05 | 5.28 | 4.85 | 7.00 | 5.38 | 3.75 | 3.44 | 3.78 | 2.25 | 3.88 | 3.75 | 4.56 | 4.18 | 3.71 | 3.69 | 3.22 | 3.54 | 3.01 |
| Operating Income | (3.18) | (4.36) | (3.15) | (2.57) | (1.94) | (2.65) | 1.73 | 1.50 | 1.98 | 2.89 | 5.58 | (1.89) | (1.13) | (2.94) | 4.17 | 2.16 | 4.57 | 3.93 | 5.32 | 0.20 |
| Interest Expense | -- | -- | -- | -- | (0.18) | (0.18) | -- | -- | -- | -- | -- | -- | -- | (0.24) | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Pretax Income | (3.06) | (4.23) | (2.99) | (2.41) | (1.76) | (2.46) | 1.96 | 1.77 | 2.19 | 3.10 | 5.81 | (1.58) | (0.88) | (2.70) | 4.41 | 2.28 | 4.59 | 16.71 | -- | -- |
| Tax Provision | 5.69 | (1.61) | 0.17 | (1.47) | (0.72) | 0.11 | 0.41 | 0.56 | 0.58 | 0.83 | 1.60 | (0.12) | (0.50) | (0.80) | 1.58 | 0.45 | 1.07 | 0.65 | -- | 0.00 |
| Net Income | (8.75) | (2.63) | (3.17) | (0.94) | (1.04) | (2.57) | 1.55 | 1.22 | 1.61 | 2.27 | 4.21 | (1.45) | (0.38) | (1.89) | 2.83 | 1.83 | 3.52 | 16.06 | 5.32 | 0.20 |
| Basic EPS | (0.53) | (0.16) | (0.19) | (0.06) | (0.06) | (0.16) | 0.10 | 0.07 | 0.10 | 0.14 | 0.26 | (0.09) | (0.02) | (0.12) | 0.18 | 0.11 | 0.21 | 0.97 | 0.32 | 0.01 |
| Diluted EPS | (0.53) | (0.16) | (0.19) | (0.06) | (0.06) | (0.16) | 0.10 | 0.07 | 0.10 | 0.14 | 0.26 | (0.09) | (0.02) | (0.12) | 0.17 | 0.11 | 0.21 | 0.97 | 0.32 | 0.01 |
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 | (3.13) | (3.75) | (2.21) | 2.30 | 3.12 | (2.68) | (0.83) | 3.95 | 4.23 | (8.19) | 2.67 | 0.44 | 0.74 | (6.00) | (10.11) | 3.72 | 1.90 | 3.08 | (1.78) | 1.25 |
| Capital Expenditures | 0.01 | 0.00 | 0.16 | 0.00 | 0.03 | 0.01 | (0.30) | 0.34 | 0.00 | 0.23 | 0.00 | 0.01 | 0.03 | 0.19 | 0.01 | 0.06 | 0.05 | 0.04 | 0.04 | 0.00 |
| Free Cash Flow* | (3.14) | (3.76) | (2.37) | 2.29 | 3.09 | (2.68) | (0.53) | 3.62 | 4.23 | (8.42) | 2.67 | 0.43 | 0.71 | (6.19) | (10.12) | 3.66 | 1.85 | 3.04 | (1.82) | 1.25 |
| Investing Cash Flow | (0.01) | -0.00 | (0.16) | -0.00 | (0.03) | (0.01) | 0.30 | (0.34) | -0.00 | (0.23) | 0.00 | 0.03 | (0.03) | (0.19) | (0.01) | (0.06) | 0.32 | 14.60 | (0.04) | -0.00 |
| Financing Cash Flow | -- | -- | -0.00 | 0.00 | 0.00 | (0.30) | 0.03 | (0.03) | 0.02 | -- | (0.01) | (0.04) | 0.00 | 0.01 | (1.93) | 0.21 | (0.98) | 0.27 | (0.05) | (0.06) |
* Derived from reported values
