Financial Statements — TECX
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 | 227.07 | 236.89 | 268.44 | 287.38 | 306.25 | 159.10 | 185.12 | 90.48 | 105.84 | 124.69 | 72.33 | 115.97 | 132.41 | 161.66 | 201.37 | 226.44 | 233.03 |
| Total Current Assets | 231.10 | 239.89 | 273.24 | 290.85 | 309.64 | 162.60 | 187.39 | 91.84 | 109.17 | 128.84 | 77.25 | 126.23 | 142.08 | 170.92 | 211.66 | 233.52 | 242.06 |
| Property, Plant & Equipment | 0.86 | 1.02 | 1.41 | 1.68 | 1.92 | 2.55 | 2.64 | -- | 0.00 | 2.29 | 2.57 | 3.22 | 3.62 | 3.87 | 4.22 | 3.99 | 2.93 |
| Total Non-current Assets* | 5.94 | 6.69 | 3.76 | 4.47 | 5.19 | 6.12 | 6.52 | 0.51 | 1.35 | 4.99 | 5.75 | 3.26 | 4.16 | 4.42 | 4.80 | 4.58 | 3.85 |
| Total Assets | 237.03 | 246.58 | 277.00 | 295.31 | 314.83 | 168.72 | 193.91 | 92.35 | 110.52 | 133.84 | 83.01 | 129.50 | 146.24 | 175.34 | 216.45 | 238.10 | 245.91 |
| Accounts Payable | 7.11 | 8.97 | 6.75 | 6.80 | 4.91 | 12.74 | 20.01 | 0.24 | 0.91 | 1.07 | 0.59 | 1.81 | 0.03 | 4.04 | 2.97 | 2.03 | 2.70 |
| Total Current Liabilities | 10.37 | 12.96 | 9.37 | 11.36 | 13.51 | 17.32 | 26.00 | 3.51 | 7.56 | 11.66 | 14.30 | 16.19 | 12.79 | 17.13 | 22.79 | 16.95 | 12.77 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15.00 | 15.00 | 15.00 | 15.00 | -- | -- | -- |
| Total Non-current Liabilities* | 2.82 | 3.20 | 0.10 | 0.19 | 0.28 | 1.04 | 1.54 | 0.00 | 0.11 | 0.13 | 15.71 | 15.22 | 15.12 | 15.05 | 0.09 | 0.15 | 0.21 |
| Total Liabilities | 13.19 | 16.16 | 9.47 | 11.55 | 13.79 | 18.36 | 27.54 | 3.51 | 7.66 | 11.80 | 30.01 | 31.41 | 27.90 | 32.18 | 22.88 | 17.10 | 12.98 |
| Retained Earnings | (270.26) | (247.98) | (203.51) | (184.48) | (164.49) | (136.21) | (118.50) | (484.08) | (468.49) | (446.91) | (514.39) | (464.40) | (441.43) | (413.37) | (355.31) | (322.70) | (291.31) |
| Total Stockholder Equity | 223.85 | 230.42 | 267.53 | 283.77 | 301.04 | 150.36 | 166.37 | 88.84 | 102.86 | 122.04 | 53.00 | 98.09 | 118.34 | 143.16 | 193.57 | 220.99 | 232.93 |
* 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 |
|---|
| Research & Development | 18.05 | 20.87 | 16.34 | 16.93 | 17.18 | 13.04 | 19.29 | 14.32 | 7.07 | 0.68 | 4.39 | 14.83 | 11.15 | 17.33 | 18.14 | 15.92 | 18.88 | 19.25 | 19.00 | 23.04 |
| Selling, General & Admin | 6.17 | 6.43 | 5.18 | 4.96 | 5.15 | 5.26 | (0.27) | 5.32 | 4.35 | 7.26 | 5.24 | 6.26 | 4.58 | 7.89 | 7.12 | 7.07 | 8.90 | 10.16 | 8.96 | 9.58 |
| Total Operating Expenses | 24.22 | 27.30 | 21.52 | 21.89 | 22.33 | 18.30 | 19.02 | 19.64 | 11.42 | 7.94 | 9.63 | 21.09 | 15.73 | 25.22 | 25.26 | 22.99 | 27.77 | 29.42 | 27.96 | 32.62 |
| Operating Income | (24.22) | (27.30) | (21.52) | (21.89) | (22.33) | (18.30) | (19.02) | (19.64) | (11.42) | (7.94) | (9.66) | (22.93) | 68.01 | (25.22) | (25.26) | (22.98) | (27.77) | (29.42) | (27.96) | (32.62) |
| Pretax Income | (22.21) | -- | (18.97) | (19.03) | (19.01) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.08 | -- | 0.25 | 0.00 | 0.98 | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (22.28) | (25.24) | (19.23) | (19.03) | (19.98) | (15.91) | (20.79) | (17.72) | (12.67) | (6.81) | (8.78) | (21.58) | 67.48 | (24.96) | (25.03) | (22.97) | (28.05) | (29.83) | (28.23) | (32.61) |
| Basic EPS | (1.18) | (1.34) | (1.03) | (1.02) | (1.07) | (0.93) | (1.14) | (1.20) | (4.34) | (0.15) | (0.21) | (0.48) | 1.53 | (0.57) | (0.57) | (0.52) | (0.64) | -- | -- | -- |
| Diluted EPS | (1.18) | (1.34) | (1.03) | (1.02) | (1.07) | (0.93) | (1.14) | (1.20) | (4.34) | (0.15) | (0.20) | (0.48) | 1.52 | (0.57) | (0.57) | (0.52) | (0.64) | -- | -- | -- |
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 | (21.45) | (18.41) | (14.46) | (17.82) | (14.72) | (13.08) | (16.82) | (19.60) | (15.09) | (7.57) | (8.03) | (20.22) | (14.65) | (20.28) | (23.67) | (16.41) | (29.11) | (28.01) | (25.90) | (24.82) |
| Capital Expenditures | 0.08 | 0.02 | 0.00 | 0.18 | 0.00 | 0.03 | 0.00 | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.09 | 0.15 | 0.03 | 0.85 | 0.27 |
| Free Cash Flow* | (21.53) | (18.43) | (14.46) | (18.00) | (14.72) | (13.11) | (16.82) | (19.76) | (15.09) | (7.57) | (8.03) | (20.22) | (14.65) | (20.29) | (23.67) | (16.50) | (29.25) | (28.05) | (26.75) | (25.09) |
| Investing Cash Flow | (0.06) | (0.02) | 0.00 | (0.17) | 0.06 | (0.03) | -0.00 | (0.15) | 0.00 | 0.00 | 0.15 | 1.20 | 83.74 | (0.01) | 0.00 | (0.09) | (0.15) | (0.03) | (0.85) | (0.27) |
| Financing Cash Flow | 11.68 | 0.85 | (0.14) | (0.46) | (4.17) | 178.12 | (1.07) | (6.29) | 179.04 | 0.03 | 0.06 | 0.18 | (16.32) | 0.06 | 0.06 | 0.06 | 0.00 | 0.14 | 14.95 | 0.02 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
