Financial Statements — TOVX
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 | 11.34 | 14.43 | 7.53 | 12.12 | 10.01 | 16.41 | 16.59 | 18.26 | 31.16 | 34.25 | 36.08 | 50.49 | 52.27 | 56.69 | 72.14 | 74.29 | 76.89 |
| Total Current Assets | 13.67 | 16.76 | 9.90 | 14.74 | 12.48 | 19.53 | 19.72 | 21.66 | 34.77 | 37.97 | 40.30 | 52.73 | 54.89 | 59.56 | 73.56 | 75.63 | 78.64 |
| Property, Plant & Equipment | 0.17 | 0.19 | 0.25 | 0.26 | 0.25 | 0.31 | 0.34 | 0.38 | 0.39 | 0.30 | 0.32 | 0.26 | 0.28 | 0.30 | 0.12 | 0.13 | 0.16 |
| Goodwill | -- | -- | -- | -- | -- | -- | 1.47 | 5.57 | 5.46 | 5.62 | 5.62 | 4.25 | 5.19 | 5.81 | -- | -- | -- |
| Intangible Assets | 19.06 | 19.23 | 19.61 | 19.62 | 18.08 | 18.60 | 19.18 | 19.32 | 18.93 | 19.48 | 19.47 | 20.09 | 20.56 | 21.87 | -- | -- | -- |
| Total Non-current Assets* | 21.19 | 21.49 | 20.93 | 21.09 | 19.68 | 20.58 | 22.68 | 27.07 | 26.78 | 27.48 | 27.59 | 25.96 | 27.44 | 29.44 | 1.56 | 1.62 | 0.42 |
| Total Assets | 34.86 | 38.25 | 30.84 | 35.83 | 32.16 | 40.11 | 42.39 | 48.73 | 61.55 | 65.45 | 67.89 | 78.69 | 82.33 | 89.00 | 75.12 | 77.26 | 79.05 |
| Accounts Payable | 0.98 | 0.61 | 0.80 | 0.61 | 0.44 | 0.76 | 0.94 | 0.57 | 0.83 | 0.74 | 0.48 | 0.77 | 1.00 | 1.35 | 1.25 | 0.57 | 0.62 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | 0.07 | 0.07 | 0.07 | 0.05 | 0.06 | 0.07 | -- | -- | -- |
| Total Current Liabilities | 12.11 | 10.26 | 11.00 | 12.39 | 8.15 | 7.32 | 6.85 | 6.01 | 8.74 | 9.13 | 8.62 | 13.19 | 13.26 | 10.98 | 3.16 | 2.10 | 2.12 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | 0.15 | 0.15 | 0.16 | 0.20 | 0.22 | 0.23 | -- | -- | -- |
| Total Non-current Liabilities* | 10.56 | 12.59 | 13.10 | 12.81 | 8.52 | 8.15 | 7.90 | 8.60 | 8.92 | 8.56 | 8.68 | 7.35 | 7.39 | 10.00 | 1.40 | 1.43 | 0.11 |
| Total Liabilities | 22.67 | 22.85 | 24.10 | 25.21 | 16.66 | 15.47 | 14.74 | 14.61 | 17.66 | 17.70 | 17.30 | 20.55 | 20.66 | 20.97 | 4.56 | 3.52 | 2.23 |
| Retained Earnings | (363.97) | (360.75) | (356.71) | (352.35) | (339.29) | (330.52) | (322.80) | (314.48) | (303.83) | (300.53) | (295.45) | (285.38) | (280.52) | (275.56) | (266.02) | (262.75) | (259.55) |
| Total Stockholder Equity* | 12.19 | 15.40 | 6.74 | 10.62 | 15.50 | 24.64 | 27.65 | 34.12 | 43.88 | 47.75 | 50.59 | 58.15 | 61.67 | 68.03 | 73.33 | 76.51 | 79.60 |
* 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 | 0.30 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 1.27 | 0.36 | 1.13 | 2.55 | 1.95 | 2.97 | 2.89 | 2.73 | 2.95 | 3.46 | 4.20 | 4.01 | 3.13 | 2.98 | 3.07 | 2.57 | 3.49 | 2.60 | 2.78 | 1.97 |
| Selling, General & Admin | 2.03 | 2.07 | 0.93 | 1.89 | 11.18 | 1.45 | 1.69 | 2.30 | 1.47 | 1.93 | 2.02 | 0.21 | 2.69 | 2.20 | 4.26 | 2.44 | 1.50 | 1.66 | 2.49 | 1.30 |
| Total Operating Expenses | 3.30 | 2.43 | 2.06 | 4.44 | 13.13 | 4.42 | 4.58 | 7.89 | 8.49 | 5.39 | 6.22 | 4.22 | 5.82 | 5.18 | 7.33 | 5.01 | 4.99 | 4.25 | 5.27 | 3.28 |
| Operating Income | (3.29) | (2.13) | (2.06) | (4.44) | (13.13) | (4.42) | (4.58) | (7.89) | (8.49) | (5.39) | (6.21) | (4.22) | (5.82) | (5.18) | (7.33) | (5.01) | (4.99) | (4.25) | (5.26) | (3.27) |
| Pretax Income | (3.22) | (2.04) | (2.00) | (4.36) | (13.06) | (4.32) | (4.45) | (7.73) | (8.32) | (5.16) | (5.91) | (3.83) | (5.44) | (4.81) | (7.00) | -- | -- | -- | -- | -- |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.42) | (0.53) | (0.36) | (0.33) | (0.56) | -- | -- | -- | -- | -- |
| Net Income | (3.22) | (2.04) | (2.00) | (4.36) | (13.06) | (4.32) | (4.45) | (7.73) | (8.32) | (5.16) | (5.48) | (3.30) | (5.08) | (4.48) | (5.59) | (4.85) | (4.97) | (4.27) | (5.26) | (3.27) |
| Basic EPS | (0.07) | (0.05) | 1.85 | (0.45) | (1.93) | (1.55) | (11.49) | (6.81) | (0.43) | (0.30) | (0.31) | (0.19) | (0.34) | (0.30) | (0.64) | (0.33) | (0.31) | (0.03) | (0.04) | (0.02) |
| Diluted EPS | (0.07) | (0.05) | 1.85 | (0.45) | (1.93) | (1.55) | (11.49) | (6.81) | (0.43) | (0.30) | (0.31) | (0.19) | (0.34) | (0.30) | (0.64) | (0.33) | (0.31) | (0.03) | (0.04) | (0.02) |
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 | (3.08) | (2.46) | (2.88) | (4.32) | (4.71) | (4.76) | (4.69) | (3.91) | (3.45) | (4.88) | (6.54) | (2.95) | (3.89) | (5.61) | (5.37) | (4.46) | (4.36) | (4.90) | (4.81) | (2.16) |
| Capital Expenditures | 0.00 | -- | 0.00 | 0.02 | 0.02 | -- | 0.00 | 0.00 | 0.00 | -- | 0.06 | 0.13 | 0.01 | 0.01 | 0.09 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | (3.09) | -- | (2.88) | (4.34) | (4.73) | -- | (4.69) | (3.91) | (3.45) | -- | (6.60) | (3.08) | (3.90) | (5.62) | (5.46) | (4.47) | (4.37) | (4.90) | (4.81) | (2.16) |
| Investing Cash Flow | -0.00 | -- | 0.00 | (0.02) | (0.02) | -- | 0.00 | 0.00 | -0.00 | -- | (0.06) | (0.13) | (0.01) | (0.01) | (0.09) | (0.01) | (0.01) | (4.28) | 0.00 | 0.00 |
| Financing Cash Flow | (0.01) | 3.87 | 8.46 | (0.15) | 6.81 | 3.07 | 0.01 | 3.72 | 1.77 | -- | (1.46) | 0.00 | 2.14 | (0.05) | (3.29) | 2.73 | 0.00 | (1.38) | 0.00 | 0.00 |
* Derived from reported values
