Financial Statements — TLSI
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 | 46.29 | 56.55 | 22.69 | 26.49 | 13.00 | 11.29 | 16.48 | 3.97 | 21.38 | 0.10 | 0.14 | 0.21 | 0.07 | 0.05 | 0.28 | 0.64 | 1.13 |
| Accounts Receivable | 6.46 | 5.22 | 5.00 | 5.57 | 5.45 | 4.91 | 4.71 | 4.28 | 3.05 | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 4.21 | 3.78 | 3.28 | 3.81 | 4.16 | 4.00 | 3.44 | 2.91 | 1.63 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 59.74 | 68.14 | 33.33 | 38.08 | 25.10 | 23.81 | 27.94 | 13.19 | 29.04 | 0.16 | 0.30 | 0.31 | 0.27 | 0.35 | 0.70 | 1.17 | 1.76 |
| Property, Plant & Equipment | 1.84 | 1.94 | 1.83 | 1.71 | 1.97 | 1.82 | 1.83 | 1.97 | 1.90 | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | -- | -- | -- | -- | -- | -- | 1.11 | 1.11 | 1.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 2.70 | 2.84 | 3.14 | 3.23 | 3.53 | 3.67 | 4.49 | 4.70 | 4.51 | 12.08 | 20.22 | 251.02 | 250.29 | 250.05 | 250.06 | 250.04 | 250.04 |
| Total Assets | 62.45 | 70.98 | 36.46 | 41.32 | 28.63 | 27.48 | 32.43 | 17.89 | 33.55 | 12.24 | 20.52 | 251.33 | 250.55 | 250.40 | 250.76 | 251.21 | 251.79 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.67 | 1.59 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 11.17 | 11.79 | 10.91 | 9.32 | 11.75 | 9.92 | 12.00 | 14.39 | 9.31 | 6.03 | 4.66 | 1.91 | 1.74 | 2.08 | -- | -- | -- |
| Long-term Debt | 33.07 | 33.08 | 32.76 | 32.27 | 31.70 | 21.68 | 21.29 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 44.73 | 46.39 | 52.28 | 51.42 | 51.24 | 37.99 | 44.58 | 38.42 | 15.76 | 9.28 | 9.55 | 10.25 | 10.31 | 12.20 | -- | -- | -- |
| Total Liabilities | 55.90 | 58.17 | 63.19 | 60.74 | 63.00 | 47.91 | 56.58 | 52.81 | 25.07 | 15.31 | 14.21 | 12.16 | 12.05 | 14.28 | 20.37 | 22.69 | 23.65 |
| Retained Earnings | (338.23) | (329.04) | (320.97) | (298.21) | (289.92) | (269.44) | (265.93) | (261.60) | (212.87) | (15.12) | (13.86) | (11.66) | (11.54) | (13.88) | (19.61) | -- | -- |
| Total Stockholder Equity* | 6.55 | 12.81 | (26.72) | (19.42) | (34.37) | (20.43) | (24.15) | (34.92) | 8.49 | (15.12) | (13.85) | (11.66) | (11.54) | (13.88) | (19.61) | 228.52 | 228.14 |
* 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 | 11.41 | 8.90 | 13.21 | 11.57 | 11.21 | 9.17 | 8.26 | 7.35 | 7.36 | 6.46 | 5.72 | 5.19 | 7.60 | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 1.51 | 1.23 | 1.76 | 1.91 | 1.80 | 1.50 | 1.22 | 1.00 | 0.91 | 0.97 | 0.58 | 0.59 | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 9.90 | 7.67 | 11.44 | 9.66 | 9.41 | 7.67 | 7.05 | 6.35 | 6.45 | 5.49 | 5.14 | 4.60 | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 3.14 | 3.22 | 2.57 | 5.18 | 3.92 | 3.30 | 2.95 | 4.22 | 4.67 | 5.86 | 7.64 | 9.37 | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 5.16 | 5.45 | 4.17 | 6.66 | 5.66 | 4.97 | 4.66 | 4.73 | 3.96 | 4.63 | 12.21 | 9.03 | 1.43 | 0.84 | 1.36 | 0.43 | 0.29 | 0.67 | 1.14 | 0.81 |
| Total Operating Expenses | 19.71 | 16.08 | 14.71 | 18.67 | 31.74 | 15.00 | 14.63 | 15.08 | 14.63 | 3.17 | 19.26 | 3.65 | 8.44 | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (9.81) | (8.41) | (3.27) | (9.01) | (7.33) | (7.33) | (7.57) | (8.74) | (8.17) | (11.68) | (33.40) | (18.48) | (1.43) | (0.84) | (1.36) | (0.43) | (0.29) | (0.67) | (1.14) | (0.81) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.88 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (9.18) | 1.54 | (9.75) | (10.81) | (8.29) | (10.37) | (10.10) | (2.40) | (4.32) | (13.22) | (56.37) | (1.29) | (0.95) | (0.42) | 0.01 | 0.85 | 2.41 | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.01 | -0.00 | 0.01 | -0.00 | -0.00 | 0.01 | 0.00 | (0.06) | 0.00 | 0.04 | 0.03 | 0.35 | 0.19 | 0.03 | 0.00 | 0.00 | 0.00 |
| Net Income | (9.19) | 1.54 | (9.75) | (10.81) | (8.29) | (10.37) | (10.10) | (2.40) | (4.33) | (13.22) | (56.31) | (1.29) | (1.00) | (0.45) | (0.34) | 0.66 | 2.39 | 2.84 | 2.90 | 1.86 |
| Basic EPS | (0.16) | 0.03 | (0.22) | (0.96) | (0.27) | (0.39) | (0.38) | (0.12) | (0.21) | (0.60) | (1.05) | (0.13) | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (0.16) | 0.03 | (0.22) | (0.96) | (0.27) | (0.39) | (0.38) | (0.12) | (0.21) | (0.60) | (1.05) | (0.13) | -- | -- | -- | -- | -- | -- | -- | -- |
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 | (10.13) | (6.48) | (2.48) | (3.71) | (7.32) | (4.50) | (5.71) | (10.85) | (13.42) | (10.87) | (8.85) | (40.18) | (0.31) | (0.70) | (1.27) | (0.35) | (0.70) | (0.43) | (0.68) | (0.37) |
| Capital Expenditures | 0.08 | 0.14 | 0.04 | 0.22 | (0.09) | 0.75 | 0.05 | 0.17 | 0.06 | 0.07 | 0.37 | 0.22 | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (10.21) | (6.62) | (2.52) | (3.92) | (7.23) | (5.25) | (5.76) | (11.02) | (13.48) | (10.93) | (9.22) | (40.40) | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.08) | (0.14) | (0.04) | (0.18) | 0.09 | (0.71) | (0.05) | (0.17) | (0.06) | (0.07) | (0.70) | (9.54) | 8.36 | (0.23) | 232.82 | 0.29 | 0.08 | 0.01 | -- | -- |
| Financing Cash Flow | (0.05) | 42.39 | 0.28 | 0.08 | 20.72 | 9.69 | 2.99 | 5.82 | 25.99 | 3.13 | 0.04 | 61.74 | (8.07) | 0.92 | (231.61) | 0.20 | 0.64 | 0.27 | -- | -- |
* Derived from reported values
