Financial Statements — TKNO
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 | 6.00 | 4.31 | 3.20 | 3.28 | 3.38 | 6.15 | 18.60 | 21.60 | 32.08 | 23.71 | 30.22 | 49.86 | 64.73 | 76.46 | 98.01 | 108.02 |
| Short-term Investments | 11.43 | 13.48 | 18.91 | 20.72 | 22.90 | 25.55 | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 |
| Accounts Receivable | 5.41 | 5.67 | 5.14 | 5.14 | 5.62 | 4.61 | 4.60 | 4.56 | 5.16 | 4.57 | 4.78 | 5.58 | 5.81 | 5.98 | 4.56 | 4.06 |
| Inventory | 6.91 | 6.87 | 6.91 | 7.61 | 6.57 | 7.67 | 10.99 | 11.21 | 11.47 | 12.02 | 12.15 | 10.32 | 7.91 | 6.43 | 4.40 | 3.88 |
| Total Current Assets | 30.82 | 31.67 | 36.56 | 38.06 | 39.73 | 45.93 | 35.28 | 38.82 | 51.08 | 43.11 | 49.63 | 70.07 | 80.27 | 91.94 | 111.08 | 118.32 |
| Property, Plant & Equipment | 39.31 | 40.52 | 42.62 | 43.61 | 44.73 | 46.72 | 47.78 | 48.91 | 51.58 | 52.86 | 53.73 | 52.63 | 47.26 | 37.06 | 22.45 | 18.33 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 16.61 | 16.61 | 16.61 | 16.61 |
| Intangible Assets | 0.62 | 0.91 | 1.48 | 1.77 | 2.05 | 2.63 | 2.92 | 3.20 | 3.78 | 4.06 | 4.35 | 4.92 | 5.21 | 5.50 | 6.07 | 6.36 |
| Total Non-current Assets* | 65.05 | 66.98 | 71.06 | 72.43 | 74.26 | 78.17 | 80.07 | 81.99 | 87.31 | 89.44 | 91.39 | 90.21 | 101.92 | 92.15 | 58.08 | 54.25 |
| Total Assets | 95.88 | 98.66 | 107.63 | 110.49 | 113.99 | 124.10 | 115.35 | 120.82 | 138.39 | 132.55 | 141.02 | 160.27 | 182.20 | 184.08 | 169.16 | 172.57 |
| Accounts Payable | 1.44 | 1.62 | 1.08 | 1.20 | 1.56 | 0.98 | 1.02 | 1.54 | 1.42 | 1.08 | 1.89 | 3.49 | 1.42 | 3.03 | 3.32 | 2.64 |
| Total Current Liabilities | 6.87 | 6.90 | 6.94 | 6.48 | 7.05 | 9.72 | 7.41 | 7.04 | 8.34 | 28.65 | 8.65 | 12.33 | 11.87 | 12.64 | 6.20 | 5.94 |
| Long-term Debt | 13.22 | 13.17 | 13.08 | 13.03 | 12.99 | 10.86 | 12.27 | 13.18 | 13.17 | 22.16 | 22.04 | 16.88 | 16.82 | 11.92 | 11.83 | 11.78 |
| Total Non-current Liabilities* | 26.41 | 26.84 | 28.04 | 27.95 | 28.34 | 27.11 | 29.01 | 30.40 | 30.39 | 17.69 | 40.28 | 35.95 | 36.86 | 32.90 | 16.73 | 17.59 |
| Total Liabilities | 33.28 | 33.73 | 34.98 | 34.43 | 35.39 | 36.83 | 36.42 | 37.44 | 38.73 | 46.34 | 48.93 | 48.28 | 48.73 | 45.54 | 22.94 | 23.53 |
| Retained Earnings | (143.51) | (140.34) | (131.03) | (126.75) | (123.18) | (112.81) | (105.25) | (99.88) | (81.13) | (70.98) | (63.82) | (41.71) | (19.24) | (13.03) | (3.89) | (0.64) |
| Total Stockholder Equity | 62.60 | 64.92 | 72.65 | 76.06 | 78.61 | 87.27 | 78.93 | 83.38 | 99.65 | 86.21 | 92.09 | 112.00 | 133.47 | 138.55 | 146.23 | 149.04 |
* 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 | 12.19 | 11.08 | 9.98 | 10.45 | 10.29 | 9.80 | 9.27 | 9.58 | 9.61 | 9.29 | 7.87 | 8.17 | 11.53 | 9.12 | 7.89 | 10.69 | 11.69 | 11.15 | 10.11 | 9.39 |
| Cost of Revenue | 7.30 | 7.29 | 6.74 | 7.25 | 6.30 | 6.79 | 7.14 | 9.49 | 6.81 | 7.08 | 6.53 | 6.70 | 6.46 | 6.70 | 5.78 | 5.92 | 6.44 | 5.80 | 5.13 | 5.13 |
| Gross Profit | 4.89 | 3.78 | 3.24 | 3.21 | 3.98 | 3.01 | 2.13 | 0.09 | 2.80 | 2.21 | 1.34 | 1.47 | 5.07 | 2.42 | 2.11 | 4.77 | 5.25 | 5.35 | 4.98 | 4.26 |
| Research & Development | 0.55 | 0.61 | 0.52 | 0.54 | 0.58 | 0.55 | 0.59 | 0.63 | 0.68 | 0.86 | 1.31 | 1.40 | 1.46 | 1.40 | 1.87 | 1.93 | 1.93 | 2.01 | 1.39 | 1.37 |
| Selling, General & Admin | 4.81 | 5.06 | 5.25 | 4.65 | 4.93 | 5.49 | 5.32 | 4.97 | 5.48 | 7.38 | 6.02 | 6.14 | 5.94 | 7.35 | 7.44 | 6.50 | 7.06 | 7.30 | 6.79 | 5.61 |
| Total Operating Expenses | 7.78 | 8.08 | 7.85 | 7.22 | 7.37 | 7.97 | 7.76 | 7.52 | 7.90 | 10.20 | 12.19 | 10.23 | 12.06 | 11.37 | 16.35 | 27.72 | 11.87 | 11.19 | 9.75 | 8.15 |
| Operating Income | (2.89) | (4.30) | (4.61) | (4.02) | (3.39) | (4.96) | (5.63) | (7.43) | (5.10) | (7.99) | (10.86) | (8.76) | (7.00) | (8.95) | (14.24) | (22.95) | (6.63) | (5.84) | (4.77) | (3.89) |
| Pretax Income | (3.14) | (4.51) | (4.82) | (4.21) | (3.55) | (4.62) | (5.76) | (7.57) | (5.37) | (8.13) | (10.96) | (10.14) | (7.14) | (8.84) | (14.09) | (22.85) | (6.60) | (5.86) | (4.84) | (4.14) |
| Tax Provision | 0.03 | 0.05 | (0.06) | 0.08 | 0.02 | 0.02 | (0.04) | (0.01) | (0.01) | (0.03) | (0.30) | 0.01 | 0.02 | (0.02) | (0.79) | (0.37) | (0.39) | (0.36) | (1.19) | (0.89) |
| Net Income | (3.17) | (4.55) | (4.76) | (4.29) | (3.57) | (4.64) | (5.72) | (7.56) | (5.36) | (8.10) | (10.66) | (10.15) | (7.15) | (8.82) | (13.29) | (22.47) | (6.20) | (5.50) | (3.65) | (3.25) |
| Basic EPS | (0.06) | (0.08) | (0.08) | (0.08) | (0.07) | (0.09) | (0.09) | (0.15) | (0.13) | (0.20) | (0.26) | (0.34) | (0.25) | (0.31) | (0.47) | -- | -- | -- | (0.10) | (0.12) |
| Diluted EPS | (0.06) | (0.08) | (0.08) | (0.08) | (0.07) | (0.09) | (0.09) | (0.15) | (0.13) | (0.20) | (0.26) | (0.34) | (0.25) | (0.31) | (0.47) | -- | -- | -- | (0.10) | (0.12) |
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 | (0.47) | (3.36) | (0.46) | (1.98) | (2.10) | (4.10) | (0.94) | (2.06) | (2.84) | (6.56) | (2.89) | (4.38) | (3.86) | (7.68) | (8.03) | (8.33) | (5.84) | (5.20) | (3.08) | (7.14) |
| Capital Expenditures | 0.13 | 0.22 | 0.35 | 0.39 | 0.21 | 0.21 | 0.57 | 0.33 | 0.12 | 0.11 | 0.31 | 0.97 | 2.34 | 4.31 | 4.73 | 6.58 | 10.92 | 5.92 | 7.41 | 3.91 |
| Free Cash Flow* | (0.60) | (3.58) | (0.81) | (2.37) | (2.31) | (4.31) | (1.50) | (2.39) | (2.95) | (6.67) | (3.20) | (5.35) | (6.19) | (12.00) | (12.76) | (14.91) | (16.76) | (11.12) | (10.49) | (11.04) |
| Investing Cash Flow | 1.95 | 1.84 | 3.21 | 1.64 | 2.03 | 3.82 | (1.41) | (25.76) | (0.11) | 0.01 | (0.11) | (0.97) | (2.34) | (4.31) | (4.73) | (6.58) | (10.92) | (5.92) | (7.41) | (3.91) |
| Financing Cash Flow | 0.22 | (0.09) | (0.04) | 0.27 | (0.03) | (0.05) | (0.09) | 15.37 | (0.05) | (0.34) | (0.62) | 13.63 | (0.18) | (0.02) | 5.14 | 0.04 | 5.04 | 0.06 | -0.00 | (1.26) |
* Derived from reported values
