Financial Statements — SXTP
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 |
|---|
| Cash & Equivalents | 1.02 | 3.34 | 4.12 | 1.97 | 3.45 | 3.30 | 1.58 | 2.89 | 2.22 | 0.02 |
| Short-term Investments | -- | 1.24 | 0.00 | 0.00 | 1.73 | 1.71 | -- | -- | -- | -- |
| Accounts Receivable | 0.57 | 0.34 | 0.67 | 0.30 | 0.49 | 0.32 | 0.30 | 0.32 | 0.14 | 0.13 |
| Inventory | 0.88 | 0.91 | 0.53 | 0.80 | 0.77 | 0.45 | 0.43 | 0.44 | 0.60 | 0.47 |
| Total Current Assets | 3.73 | 6.26 | 6.31 | 3.84 | 5.65 | 6.89 | 3.76 | 7.91 | 8.89 | 5.67 |
| Property, Plant & Equipment | 0.24 | 0.26 | 0.23 | 0.19 | 0.16 | 0.16 | 0.16 | 0.06 | 0.00 | 0.01 |
| Intangible Assets | 0.31 | 0.24 | 0.15 | 0.14 | 0.15 | 0.26 | 0.25 | 0.22 | 0.23 | 0.21 |
| Total Non-current Assets* | 0.55 | 0.50 | 0.38 | 0.34 | 0.33 | 0.53 | 0.56 | 0.47 | 0.26 | 1.68 |
| Total Assets | 4.28 | 6.76 | 6.69 | 4.18 | 5.98 | 7.42 | 4.33 | 8.38 | 9.15 | 7.36 |
| Accounts Payable | 1.22 | 1.49 | 1.39 | 0.91 | 1.16 | 0.68 | 0.64 | 0.53 | 0.27 | 1.06 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.00 |
| Total Current Liabilities | 1.61 | 1.88 | 2.20 | 1.69 | 1.80 | 1.31 | 1.22 | 1.10 | 2.48 | 28.86 |
| Long-term Debt | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| Total Non-current Liabilities | 0.15 | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 1.37 |
| Total Liabilities | 1.75 | 2.02 | 2.34 | 1.84 | 1.95 | 1.46 | 1.37 | 1.25 | 2.63 | 30.24 |
| Retained Earnings | (52.25) | (49.98) | (46.45) | (44.14) | (42.40) | (38.48) | (36.32) | (32.15) | (30.57) | (34.75) |
| Total Stockholder Equity* | 2.61 | 4.83 | 4.43 | 2.43 | 4.11 | 6.04 | 3.04 | 7.20 | 6.52 | (22.30) |
* 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 |
|---|
| Total Revenue | 0.21 | 0.16 | 0.30 | 0.44 | 0.10 | 0.16 | 0.23 | 0.14 | 0.12 | 0.12 | 0.13 | 0.05 | 0.06 |
| Cost of Revenue | 0.15 | 0.09 | 0.12 | 0.54 | 0.05 | 0.07 | 0.12 | 0.11 | 0.09 | 0.07 | 0.15 | 0.07 | 0.18 |
| Gross Profit | 0.06 | 0.08 | 0.18 | (0.10) | 0.05 | 0.09 | 0.11 | 0.02 | 0.04 | 0.05 | (0.02) | 0.08 | (0.04) |
| Research & Development | 0.60 | 0.28 | 0.64 | 0.81 | 0.25 | 0.41 | 0.61 | 0.94 | 3.10 | 0.34 | 0.10 | 0.26 | 0.20 |
| Selling, General & Admin | 1.73 | 1.89 | 1.47 | 1.51 | 1.61 | 1.69 | 1.61 | 1.22 | 1.13 | 1.08 | 1.69 | 1.31 | 0.46 |
| Total Operating Expenses | 2.33 | 2.17 | 2.11 | 2.32 | 1.86 | 2.09 | 2.22 | 2.16 | 4.22 | 1.41 | 1.79 | 1.58 | 0.67 |
| Operating Income | (2.27) | (2.09) | (1.92) | (2.33) | (1.60) | (1.91) | (2.08) | (2.12) | (4.19) | (1.33) | (1.89) | (1.52) | (0.79) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.01 | 0.04 | 1.10 |
| Pretax Income | (2.27) | (2.09) | (1.44) | (2.32) | (1.73) | (1.88) | (2.05) | (2.16) | (4.17) | 0.43 | (2.05) | 4.17 | (3.34) |
| Tax Provision | -- | -- | -0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (2.26) | (2.09) | (1.44) | (2.32) | (1.73) | (1.88) | (2.05) | (2.16) | (4.17) | 0.43 | (2.01) | 4.18 | (3.34) |
| Basic EPS | (0.90) | (1.28) | (8.26) | (0.66) | (1.25) | (1.56) | (13.42) | (0.93) | (4.23) | 0.03 | (0.44) | 0.77 | (1.40) |
| Diluted EPS | (0.90) | (1.28) | (8.26) | (0.66) | (1.25) | (1.56) | (13.42) | (0.93) | (4.23) | 0.03 | (0.44) | 0.77 | (1.40) |
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 |
|---|
| Operating Cash Flow | (2.23) | (2.74) | (1.69) | (2.11) | (1.45) | (1.60) | (1.64) | (1.68) | (1.19) | (1.14) | (0.06) | (3.75) | (0.73) |
| Capital Expenditures | 0.00 | 0.03 | 0.08 | 0.01 | 0.05 | 0.00 | 0.00 | 0.01 | 0.09 | -- | 0.06 | 0.00 | -- |
| Free Cash Flow* | (2.23) | (2.77) | (1.77) | (2.12) | (1.50) | (1.60) | (1.64) | (1.69) | (1.28) | -- | (0.12) | (3.75) | -- |
| Investing Cash Flow | (0.09) | 1.19 | (1.37) | (0.03) | (0.05) | 1.70 | -0.00 | (1.75) | (0.13) | (0.01) | (0.07) | (0.03) | (0.02) |
| Financing Cash Flow | 0.00 | 3.37 | 0.46 | 4.28 | 0.00 | 1.70 | 0.00 | 5.15 | -0.00 | 1.90 | 0.00 | 5.97 | 0.50 |
* Derived from reported values