Financial Statements — TNXP
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 | 176.23 | 185.47 | 190.06 | 125.33 | 131.72 | 28.23 | 4.16 | 7.05 | 6.91 | 25.62 | 71.97 | 139.98 | 145.48 | 140.44 | 182.97 | 165.72 | 164.21 |
| Accounts Receivable | 11.81 | 8.82 | 3.48 | 2.32 | 3.31 | 4.01 | 3.34 | -- | 1.56 | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | -- | -- | -- | -- | -- | 7.93 | 9.46 | 12.35 | 13.32 | 13.70 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 203.43 | 207.17 | 208.07 | 143.54 | 149.57 | 50.54 | 25.29 | 30.10 | 31.34 | 51.33 | 83.73 | 151.14 | 191.75 | 152.99 | 195.08 | 177.27 | 173.17 |
| Property, Plant & Equipment | 44.76 | 44.89 | 42.57 | 42.34 | 41.77 | 42.75 | 43.25 | 93.06 | 94.87 | 95.72 | 93.99 | 90.31 | 83.10 | 69.59 | 18.23 | 10.49 | 9.07 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | 0.97 | 0.97 | 0.97 | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 9.39 | 9.86 | 10.10 | -- | -- | -- | -- | 0.12 | 0.12 | 0.12 |
| Total Non-current Assets* | 50.66 | 50.74 | 44.37 | 43.82 | 43.30 | 44.45 | 45.02 | 105.25 | 107.95 | 108.41 | 95.36 | 91.51 | 84.42 | 70.73 | 19.69 | 11.90 | 10.36 |
| Total Assets | 254.09 | 257.91 | 252.44 | 187.36 | 192.87 | 94.99 | 70.31 | 135.34 | 139.28 | 159.74 | 179.09 | 242.65 | 276.17 | 223.72 | 214.77 | 189.17 | 183.52 |
| Accounts Payable | 9.05 | 9.65 | 8.54 | 7.78 | 4.19 | 3.94 | 10.41 | 6.65 | 7.80 | 7.67 | 8.02 | 4.56 | 9.57 | 9.40 | 7.96 | 3.41 | 2.86 |
| Total Current Liabilities | 30.79 | 29.65 | 21.03 | 19.06 | 12.15 | 15.18 | 22.04 | 20.48 | 17.73 | 18.44 | 13.07 | 13.34 | 15.91 | 15.35 | 12.03 | 8.08 | 6.03 |
| Long-term Debt | -- | -- | -- | -- | 8.65 | 9.36 | 10.06 | 10.77 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 1.02 | 1.13 | 0.27 | 0.30 | 0.33 | 5.60 | 6.16 | 6.72 | 0.72 | 0.83 | 0.59 | 0.38 | 0.47 | 0.41 | 0.53 | 0.59 | 0.58 |
| Total Liabilities | 31.81 | 30.78 | 21.30 | 19.36 | 12.47 | 20.78 | 28.20 | 27.20 | 18.45 | 19.27 | 13.66 | 13.72 | 16.38 | 15.76 | 12.56 | 8.67 | 6.61 |
| Retained Earnings | (935.46) | (894.91) | (807.80) | (775.79) | (747.52) | (708.59) | (694.37) | (615.60) | (573.34) | (545.36) | (516.99) | (438.36) | (409.38) | (386.24) | (330.27) | (311.74) | (288.19) |
| Total Stockholder Equity | 222.28 | 227.14 | 231.14 | 168.00 | 180.40 | 74.21 | 42.10 | 108.14 | 120.83 | 140.46 | 165.43 | 228.92 | 228.28 | 207.96 | 202.22 | 180.49 | 176.92 |
* 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 | 13.54 | 6.88 | 5.39 | 3.29 | 2.00 | 2.43 | 2.58 | 2.82 | 2.21 | 2.48 | 3.78 | 3.99 | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 0.70 | 1.58 | 1.06 | 1.37 | 3.27 | 0.94 | 1.18 | 1.56 | 3.37 | 1.66 | 2.37 | 2.37 | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 12.84 | 5.30 | 4.33 | 1.92 | (1.27) | 1.49 | 1.40 | 1.27 | (1.16) | 0.82 | 1.41 | 1.62 | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 19.42 | 18.21 | 16.94 | 9.29 | 10.82 | 7.44 | 8.30 | 9.11 | 9.70 | 12.86 | 17.12 | 21.05 | 21.98 | 26.51 | 24.67 | 22.20 | 16.58 | 18.42 | 22.30 | 13.08 |
| Selling, General & Admin | 35.96 | 28.62 | 35.68 | 25.70 | 16.20 | 10.10 | 15.58 | 7.71 | 7.50 | 9.31 | 11.62 | 8.71 | 7.03 | 7.39 | 8.05 | 7.39 | 6.76 | 8.01 | 7.18 | 5.45 |
| Total Operating Expenses | 55.38 | 46.84 | 52.62 | 34.99 | 27.02 | 17.54 | 23.88 | 16.82 | 76.16 | 22.17 | 28.74 | 29.76 | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (42.53) | (41.54) | (48.29) | (33.07) | (28.30) | (16.05) | (22.48) | (15.55) | (77.32) | (21.35) | (27.33) | (28.15) | (29.00) | (33.90) | (32.73) | (29.59) | (23.34) | (26.44) | (29.48) | (18.53) |
| Net Income | (40.55) | (40.19) | (46.91) | (32.01) | (28.27) | (16.83) | (22.11) | (14.21) | (78.78) | (14.94) | (27.32) | (27.97) | (28.36) | (33.01) | (31.68) | (28.98) | (23.14) | (26.42) | (29.55) | (18.53) |
| Basic EPS | (2.44) | (2.93) | (4.28) | (3.59) | (3.86) | (2.84) | (156.91) | (0.23) | (19.28) | (0.18) | (1.82) | (1.83) | (2.68) | (0.52) | (1.31) | (0.69) | (1.22) | (0.05) | -- | -- |
| Diluted EPS | (2.44) | (2.93) | (4.28) | (3.59) | (3.86) | (2.84) | (156.91) | (0.23) | (19.28) | (0.18) | (1.82) | (1.83) | (2.68) | (0.52) | (1.31) | (0.69) | (1.22) | (0.05) | -- | -- |
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 | (42.24) | (42.32) | (39.65) | (28.78) | (14.83) | (16.58) | (14.63) | (18.80) | (9.92) | (17.57) | (22.34) | (23.38) | (23.37) | (32.91) | (22.30) | (23.53) | (21.17) | (31.05) | (22.44) | (12.95) |
| Capital Expenditures | 0.59 | 1.69 | 1.87 | 0.96 | 0.53 | 0.01 | 0.00 | 0.01 | 0.00 | 0.11 | 0.44 | 1.81 | 1.85 | 3.80 | 4.67 | 8.82 | 14.44 | 20.22 | 25.62 | 7.75 |
| Free Cash Flow* | (42.83) | (44.01) | (41.52) | (29.74) | (15.36) | (16.58) | (14.63) | (18.81) | (9.92) | (17.68) | (22.78) | (25.20) | (25.21) | (36.71) | (26.97) | (32.35) | (35.61) | (51.26) | (48.07) | (20.70) |
| Investing Cash Flow | (0.59) | (1.69) | (1.02) | (0.96) | (2.54) | (0.01) | -0.00 | (0.01) | 0.00 | (0.11) | (0.43) | (0.82) | (24.02) | (3.80) | (4.67) | (8.82) | (14.44) | (20.22) | (25.62) | (7.75) |
| Financing Cash Flow | 33.51 | 20.20 | 59.14 | 94.86 | 10.99 | 49.53 | 85.15 | 42.91 | 7.03 | (0.21) | 40.71 | 6.27 | 1.03 | (11.50) | 7.23 | (4.62) | 72.18 | 13.06 | 43.77 | 37.96 |
* Derived from reported values
