Financial Statements — TLPH
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 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.74 | 3.82 | 3.46 | 6.79 | 5.39 | 11.12 | 13.42 | 12.12 | 13.39 | 7.41 | 12.73 | 15.17 | 13.35 | 13.27 | 26.33 | 34.36 |
| Short-term Investments | 16.33 | 17.29 | 17.83 | -- | -- | 0.00 | 0.60 | 6.46 | 0.00 | 0.00 | 3.19 | 7.76 | 0.00 | 35.43 | 29.00 | 32.98 |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.51 | 0.36 | 0.18 | 0.15 | 0.10 | 0.66 |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.87 | 0.90 | 1.05 | 1.56 | 1.36 | 1.42 |
| Total Current Assets | 17.99 | 21.34 | 21.92 | 7.70 | 6.18 | 12.20 | 16.04 | 19.95 | 14.42 | 8.84 | 24.54 | 32.00 | 17.35 | 51.75 | 58.97 | 71.32 |
| Property, Plant & Equipment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10.89 | 11.08 | 15.93 | 15.78 | 15.94 | 15.65 |
| Intangible Assets | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | -- | -- | -- |
| Total Non-current Assets* | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.82 | 8.84 | 8.89 | 23.77 | 24.14 | 8.94 | 20.51 | 20.62 | 16.03 |
| Total Assets | 26.81 | 30.16 | 30.74 | 16.52 | 15.00 | 21.01 | 24.86 | 28.77 | 23.26 | 17.73 | 48.31 | 56.13 | 26.29 | 72.26 | 79.59 | 87.35 |
| Accounts Payable | 0.39 | 0.93 | 0.53 | 0.84 | 0.33 | 0.40 | 0.81 | 1.27 | 1.03 | 1.21 | 2.00 | 2.40 | 1.40 | 2.23 | 1.94 | 3.24 |
| Total Current Liabilities | 4.19 | 4.03 | 3.21 | 2.63 | 1.99 | 2.76 | 3.27 | 3.34 | 3.57 | 4.22 | 15.65 | 17.69 | 9.46 | 17.07 | 15.19 | 15.54 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 3.04 | 6.95 | 9.37 | 11.27 |
| Total Non-current Liabilities* | 8.21 | 7.65 | 8.35 | 7.26 | 7.41 | 8.61 | 8.85 | 9.09 | 1.38 | 3.09 | 5.12 | 5.30 | 2.59 | 98.21 | 100.39 | 99.12 |
| Total Liabilities | 12.40 | 11.68 | 11.57 | 9.89 | 9.40 | 11.37 | 12.13 | 12.44 | 4.95 | 7.31 | 20.77 | 22.99 | 12.05 | 115.28 | 115.58 | 114.66 |
| Retained Earnings | (478.39) | (474.08) | (467.75) | (463.31) | (459.82) | (455.36) | (452.01) | (448.18) | (439.71) | (438.35) | (418.34) | (411.59) | (433.98) | (465.67) | (457.29) | (447.44) |
| Total Stockholder Equity | 14.41 | 18.48 | 19.18 | 6.63 | 5.60 | 9.64 | 12.73 | 16.33 | 18.31 | 10.42 | 27.23 | 33.14 | 21.81 | (43.02) | (35.99) | (27.31) |
* 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 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 | 0.12 | 0.25 | 0.25 | 0.51 | 0.57 | 0.44 | 0.00 | 1.86 | 0.44 |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.36 | 0.57 | 0.88 | 0.78 | 1.23 | 0.44 | 1.04 |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.11) | (0.06) | (0.31) | (0.34) | (1.23) | 0.30 | (0.60) |
| Research & Development | 1.69 | 1.65 | 1.56 | 1.80 | 1.50 | 1.17 | 1.32 | 2.05 | 1.91 | 1.43 | 1.77 | 1.18 | 1.55 | 1.03 | 1.31 | 1.54 | 1.05 | 0.99 | 1.42 | 0.72 |
| Selling, General & Admin | 2.23 | 2.30 | 1.89 | 1.62 | 2.19 | 1.77 | 1.67 | 1.70 | 2.36 | 2.80 | 2.80 | 2.25 | 2.67 | 6.25 | 5.26 | 6.82 | 4.28 | 5.96 | 8.64 | 8.69 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 7.32 | 6.57 | 13.27 | 8.65 | 6.94 | 28.09 | 9.42 |
| Operating Income | (3.92) | (3.95) | (3.45) | (3.42) | (3.69) | -- | -- | -- | -- | -- | -- | -- | -- | (7.43) | (6.63) | (13.57) | (5.33) | (8.18) | (8.63) | (10.01) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.02 | 0.19 | 0.25 | 0.33 | 0.12 | 0.47 | 0.54 | 0.61 |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | (3.35) | (3.83) | -- | -- | -- | -- | (7.48) | (6.74) | 70.67 | -- | (7.92) | (8.37) | (9.85) |
| Tax Provision | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | -0.00 | 0.00 | 0.00 | -0.00 | 0.01 | 0.00 | -- | 0.00 | 0.00 | 0.01 |
| Net Income | (4.31) | (2.56) | (3.77) | (4.44) | (3.49) | (2.59) | (1.87) | (3.35) | (3.83) | (3.95) | (4.52) | (1.36) | (4.37) | (7.48) | (6.75) | 70.66 | (8.67) | (7.92) | (8.37) | (9.85) |
| Basic EPS | (0.06) | (0.04) | (0.03) | (0.11) | (0.10) | (0.10) | (0.06) | (0.13) | (0.15) | (0.16) | (0.21) | (0.08) | (0.40) | 6.25 | (0.94) | 0.48 | (0.75) | -- | -- | -- |
| Diluted EPS | -- | -- | -- | -- | -- | (0.10) | -- | -- | -- | -- | (0.21) | (0.08) | (0.40) | (1.74) | (0.94) | 0.48 | -- | -- | -- | -- |
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 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (3.92) | (3.40) | (2.44) | (2.51) | (2.95) | (3.47) | (2.25) | (2.94) | (4.61) | (2.88) | (3.95) | (2.96) | (10.58) | (5.41) | (5.24) | (17.68) | (5.25) | (8.00) | (3.94) | (8.35) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.05 | 0.16 | 0.06 | 0.10 | 0.03 | 0.18 | 1.59 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | (2.25) | (2.94) | (4.61) | (2.88) | (3.95) | (2.96) | (10.68) | (5.46) | (5.40) | (17.74) | (5.35) | (8.03) | (4.13) | (9.94) |
| Investing Cash Flow | 1.10 | (2.71) | 3.47 | (17.82) | 0.00 | 0.00 | 0.00 | 0.60 | 5.91 | (2.73) | (3.65) | 0.00 | 3.12 | 2.66 | 4.44 | 29.35 | 0.40 | (4.44) | (6.65) | 2.39 |
| Financing Cash Flow | (0.26) | 4.04 | 1.40 | 16.99 | 4.35 | -0.00 | 0.00 | 0.03 | 0.00 | 12.01 | (0.07) | 8.94 | (5.40) | 5.30 | (1.64) | (4.17) | (2.07) | 11.84 | (2.46) | (2.08) |
* Derived from reported values
