Financial Statements — TNGX
Balance Sheet
(in billions 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 | 0.35 | 0.16 | 0.06 | 0.04 | 0.06 | 0.05 | 0.05 | 0.06 | 0.06 | 0.07 | 0.06 | 0.10 | 0.10 | 0.10 | 0.20 | 0.00 | 0.00 |
| Short-term Investments | 0.67 | 0.22 | 0.09 | 0.14 | 0.16 | 0.24 | 0.27 | 0.28 | 0.30 | 0.24 | 0.28 | 0.29 | 0.31 | 0.35 | 0.30 | -- | -- |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | -- | -- |
| Total Current Assets | 1.03 | 0.39 | 0.16 | 0.19 | 0.22 | 0.30 | 0.33 | 0.35 | 0.37 | 0.32 | 0.34 | 0.40 | 0.44 | 0.46 | 0.52 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | -- | -- |
| Total Non-current Assets* | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.01 | 0.01 | 0.01 | 0.17 | 0.17 |
| Total Assets | 1.07 | 0.44 | 0.21 | 0.24 | 0.27 | 0.35 | 0.38 | 0.41 | 0.43 | 0.38 | 0.40 | 0.46 | 0.45 | 0.47 | 0.53 | 0.17 | 0.17 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 0.02 | 0.01 | 0.02 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.00 | 0.00 |
| Total Non-current Liabilities* | 0.03 | 0.03 | 0.03 | 0.06 | 0.07 | 0.09 | 0.09 | 0.10 | 0.11 | 0.11 | 0.12 | 0.14 | 0.11 | 0.11 | 0.12 | 0.01 | 0.01 |
| Total Liabilities | 0.05 | 0.04 | 0.05 | 0.10 | 0.11 | 0.12 | 0.13 | 0.14 | 0.15 | 0.17 | 0.18 | 0.19 | 0.15 | 0.15 | 0.16 | 0.01 | 0.01 |
| Retained Earnings | (0.70) | (0.65) | (0.56) | (0.58) | (0.54) | (0.46) | (0.43) | (0.41) | (0.34) | (0.32) | (0.30) | (0.24) | (0.21) | (0.19) | (0.14) | -0.00 | -0.00 |
| Total Stockholder Equity | 1.02 | 0.39 | 0.16 | 0.13 | 0.17 | 0.23 | 0.25 | 0.26 | 0.28 | 0.21 | 0.23 | 0.27 | 0.30 | 0.32 | 0.37 | 0.01 | 0.01 |
* 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 | 0.00 | 0.00 | 0.00 | 53.81 | 3.18 | 5.39 | 4.12 | 11.61 | 19.88 | 6.47 | 5.43 | 10.73 | 14.60 | 5.77 | 6.41 | 6.92 | 5.77 | 5.76 | 5.72 | 6.79 |
| Research & Development | 37.20 | 33.53 | 32.10 | 30.82 | 32.81 | 36.44 | 33.94 | 33.26 | 38.65 | 38.07 | 31.34 | 27.15 | 28.67 | 28.04 | 29.09 | 28.74 | 23.74 | 24.33 | 21.63 | 21.92 |
| Selling, General & Admin | 22.59 | 15.24 | 9.76 | 8.92 | 11.34 | 11.48 | 11.09 | 11.22 | 10.77 | 10.66 | 9.11 | 9.21 | 9.17 | 8.01 | 7.89 | 8.10 | 7.23 | 6.81 | 12.24 | 4.43 |
| Total Operating Expenses | 59.79 | 48.77 | 41.86 | 39.74 | 44.15 | 47.92 | 45.03 | 44.49 | 49.43 | 48.73 | 40.45 | 36.36 | 37.85 | 36.05 | 36.98 | 36.84 | 30.97 | 31.14 | 27.70 | 26.36 |
| Operating Income | (59.78) | (48.77) | (41.86) | 14.07 | (40.97) | (42.53) | (40.91) | (32.88) | (29.55) | (42.25) | (35.01) | (25.63) | (23.25) | (30.29) | (30.57) | (29.92) | (25.20) | (25.38) | (37.58) | (19.57) |
| Pretax Income | (55.34) | (45.51) | (38.80) | 15.87 | (38.82) | (39.84) | (37.62) | (29.11) | (25.49) | (37.87) | (30.72) | (22.24) | (20.65) | -- | (29.01) | (29.05) | (24.85) | (25.21) | (37.41) | (19.53) |
| Tax Provision | 0.00 | 0.00 | (0.05) | (0.01) | 0.04 | 0.03 | 0.05 | 0.05 | 0.07 | 0.04 | 0.05 | 0.02 | 0.06 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.18 | 0.06 |
| Net Income | (55.34) | (45.51) | (38.75) | 15.88 | (38.85) | (39.88) | (37.67) | (29.17) | (25.55) | (37.91) | (30.76) | (22.26) | (20.71) | (28.01) | (29.06) | (29.05) | (24.86) | (25.21) | (37.64) | (19.59) |
| Basic EPS | (0.37) | (0.32) | (0.30) | 0.14 | (0.35) | (0.36) | (0.33) | (0.27) | (0.24) | (0.35) | (0.30) | (0.23) | (0.23) | (0.32) | (0.33) | (0.33) | (0.28) | -- | -- | -- |
| Diluted EPS | (0.37) | (0.32) | (0.29) | 0.13 | (0.35) | (0.36) | (0.33) | (0.27) | (0.24) | (0.35) | (0.30) | (0.23) | (0.23) | (0.32) | (0.33) | (0.33) | (0.28) | -- | -- | -- |
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 | (38.87) | (44.36) | (29.72) | (30.95) | (36.52) | (41.70) | (36.65) | (33.39) | (23.61) | (37.86) | (27.47) | (31.13) | (24.47) | (34.91) | (28.27) | (19.61) | (31.54) | (29.66) | (16.90) | (41.86) |
| Capital Expenditures | (0.02) | -0.00 | 0.22 | 0.15 | 0.62 | 0.05 | 0.12 | 0.12 | 0.32 | 0.20 | 0.23 | 0.02 | 0.66 | 0.62 | 1.04 | 3.28 | 1.81 | 1.56 | 0.70 | 1.14 |
| Free Cash Flow* | (38.85) | (44.36) | (29.94) | (31.10) | (37.14) | (41.75) | (36.77) | (33.51) | (23.93) | (38.05) | (27.69) | (31.15) | (25.14) | (35.53) | (29.31) | (22.89) | (33.35) | (31.23) | (17.60) | (43.00) |
| Investing Cash Flow | (445.97) | 9.64 | (135.72) | 47.48 | 16.78 | 30.60 | 52.06 | 32.57 | 12.70 | (11.20) | 33.85 | (56.66) | 32.69 | 31.55 | (12.60) | 15.23 | 35.49 | (11.72) | (45.21) | (138.26) |
| Financing Cash Flow | 672.57 | 79.85 | 219.38 | 2.54 | 0.58 | 0.00 | 0.97 | 2.40 | 1.31 | 42.98 | 1.47 | 80.28 | 0.59 | 0.07 | 0.53 | 0.11 | 0.72 | 0.26 | (0.12) | 357.45 |
* Derived from reported values
