Financial Statements — TCRX
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 |
|---|
| Cash & Equivalents | 100.16 | 128.06 | 169.51 | 169.39 | 154.11 | 133.12 | 242.16 | 140.51 | 155.19 | 208.84 | 95.61 | 137.31 | 125.60 | 140.84 | 182.31 | 106.20 |
| Short-term Investments | -- | -- | 14.95 | 48.65 | 97.58 | 138.00 | 55.52 | 22.27 | 60.23 | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | 31.93 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 104.40 | 132.77 | 188.17 | 221.13 | 254.84 | 274.08 | 299.53 | 164.72 | 217.57 | 242.22 | 100.91 | 141.18 | 129.36 | 145.75 | 187.00 | 110.07 |
| Property, Plant & Equipment | 7.74 | 8.12 | 9.30 | 9.52 | 8.35 | 7.46 | 7.62 | 7.20 | 8.60 | 8.21 | 9.02 | 10.33 | 10.80 | 10.69 | 11.30 | 10.45 |
| Total Non-current Assets* | 67.05 | 69.22 | 74.06 | 77.43 | 77.87 | 73.94 | 75.34 | 76.11 | 73.81 | 74.71 | 72.67 | 24.28 | 23.06 | 22.46 | 17.89 | 19.94 |
| Total Assets | 171.45 | 201.99 | 262.23 | 298.56 | 332.71 | 348.03 | 374.87 | 240.83 | 291.38 | 316.92 | 173.58 | 165.45 | 152.42 | 168.20 | 204.89 | 130.01 |
| Accounts Payable | 3.12 | 2.30 | 6.35 | 4.54 | 4.97 | 3.65 | 3.11 | 2.12 | 3.20 | 3.39 | 2.77 | 2.71 | 3.10 | 2.89 | 5.07 | 3.55 |
| Total Current Liabilities | 30.96 | 19.97 | 29.21 | 31.32 | 29.82 | 28.66 | 38.57 | 31.48 | 33.15 | 35.12 | 14.05 | 16.59 | 17.17 | 18.47 | 22.94 | 20.62 |
| Long-term Debt | 32.78 | 32.65 | 32.41 | 32.30 | 32.18 | 30.65 | 30.45 | 30.25 | 29.95 | 29.72 | 29.50 | 29.07 | -- | -- | -- | -- |
| Total Non-current Liabilities* | 71.47 | 85.10 | 89.00 | 90.53 | 92.69 | 90.28 | 81.08 | 86.39 | 89.27 | 91.20 | 81.51 | 32.20 | 3.59 | 4.05 | 7.87 | 10.01 |
| Total Liabilities | 102.43 | 105.07 | 118.20 | 121.85 | 122.51 | 118.94 | 119.65 | 117.87 | 122.42 | 126.32 | 95.56 | 48.80 | 20.76 | 22.51 | 30.82 | 30.63 |
| Retained Earnings | (563.89) | (533.53) | (481.88) | (446.17) | (409.22) | (339.29) | (309.40) | (277.74) | (227.98) | (204.99) | (180.94) | (139.66) | (123.41) | (108.31) | (77.96) | (62.12) |
| Total Stockholder Equity | 69.02 | 96.92 | 144.02 | 176.71 | 210.20 | 229.09 | 255.22 | 122.97 | 168.96 | 190.61 | 78.02 | 116.66 | 131.65 | 145.69 | 174.07 | (60.03) |
* 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 | 1.05 | 0.98 | 2.57 | 2.51 | 3.08 | 2.17 | 0.67 | 1.05 | 0.54 | 0.57 | 7.21 | 3.89 | 3.15 | 6.80 | 3.10 | 3.36 | 4.06 | 3.02 | 2.85 | 2.41 |
| Research & Development | 23.40 | 21.90 | 20.04 | 31.69 | 32.63 | 29.79 | 29.35 | 26.26 | 26.88 | 24.86 | 22.41 | 22.74 | 21.23 | 21.78 | 15.60 | 15.03 | 14.49 | 14.69 | 12.61 | 14.21 |
| Selling, General & Admin | 8.14 | 8.22 | 6.39 | 7.87 | 9.10 | 8.63 | 8.02 | 7.41 | 7.77 | 7.08 | 6.16 | 5.89 | 6.53 | 7.77 | 6.14 | 4.91 | 4.81 | 4.49 | 4.45 | 4.05 |
| Total Operating Expenses | 31.54 | 30.12 | 26.43 | 39.56 | 41.73 | 38.42 | 37.38 | 33.67 | 34.65 | 31.94 | 28.57 | 28.64 | 27.76 | 29.55 | 21.74 | 19.94 | 19.30 | 19.18 | 17.06 | 18.25 |
| Operating Income | (30.49) | (29.14) | (23.86) | (37.05) | (38.65) | (36.25) | (36.71) | (32.62) | (34.11) | (31.37) | (21.36) | (24.75) | (24.61) | (22.74) | (18.65) | (16.58) | (15.25) | (16.16) | (14.20) | (15.84) |
| Interest Expense | 0.70 | 0.69 | 0.70 | 0.70 | 0.69 | 0.68 | 0.78 | 0.96 | 0.95 | 0.96 | 0.85 | 0.98 | 0.97 | 0.96 | 0.98 | 0.20 | -- | -- | -- | -- |
| Net Income | (30.36) | (28.67) | (22.98) | (35.71) | (36.95) | (34.13) | (35.81) | (29.89) | (31.66) | (30.14) | (19.61) | (23.00) | (24.04) | (22.56) | (18.72) | (16.24) | (15.10) | (16.16) | (14.20) | (15.84) |
| Basic EPS | (0.23) | (0.22) | (0.18) | (0.28) | (0.28) | (0.26) | (0.29) | (0.25) | (0.28) | (0.32) | 0.32 | (0.24) | (0.51) | (0.93) | (0.77) | (0.67) | (0.63) | -- | -- | -- |
| Diluted EPS | (0.23) | (0.22) | (0.18) | (0.28) | (0.28) | (0.26) | (0.29) | (0.25) | (0.28) | (0.32) | 0.32 | (0.24) | (0.51) | (0.93) | (0.77) | (0.67) | (0.63) | -- | -- | -- |
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 | (27.53) | (24.28) | (32.00) | (32.46) | (33.27) | (37.59) | (27.41) | (27.92) | (26.22) | (29.27) | (23.77) | 8.02 | (22.02) | (23.59) | (16.01) | (17.00) | (13.37) | (20.12) | (14.38) | (13.64) |
| Capital Expenditures | 0.49 | 0.07 | 0.17 | 1.43 | 1.28 | 1.53 | 0.89 | 1.37 | 0.86 | 0.71 | 0.47 | 1.42 | 0.42 | 0.84 | 1.38 | 0.42 | 1.89 | 0.53 | 2.21 | 0.85 |
| Free Cash Flow* | (28.03) | (24.35) | (32.17) | (33.89) | (34.55) | (39.12) | (28.30) | (29.29) | (27.09) | (29.97) | (24.23) | 6.60 | (22.44) | (24.42) | (17.39) | (17.43) | (15.26) | (20.65) | (16.59) | (14.49) |
| Investing Cash Flow | (0.46) | (0.07) | 14.83 | 32.58 | 48.44 | 13.53 | 27.29 | (82.35) | (33.72) | 36.16 | 1.91 | (61.41) | (0.42) | (0.84) | (1.38) | (0.42) | (1.89) | (0.53) | (2.21) | (0.85) |
| Financing Cash Flow | 0.10 | -- | 0.07 | 0.00 | 0.12 | (0.52) | 45.69 | 1.23 | 161.59 | 0.26 | 0.02 | (0.25) | 135.68 | -- | 0.11 | 29.13 | 0.03 | 0.09 | 0.12 | 90.61 |
* Derived from reported values
