Financial Statements — TPET
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 |
|---|
| Cash & Equivalents | 23.20 | 21.02 | 0.68 | 0.58 | 1.46 | 1.96 | 0.29 | 0.22 | 0.35 | 1.51 | 0.00 |
| Accounts Receivable | 0.16 | 0.11 | 0.04 | 0.10 | 0.03 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 24.68 | 22.46 | 0.90 | 0.88 | 1.74 | 2.02 | 0.62 | 0.80 | 0.48 | 1.63 | 2.30 |
| Property, Plant & Equipment | 0.08 | 0.09 | 0.09 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 13.22 | 13.27 | 13.26 | 12.16 | 12.03 | 11.20 | 11.08 | 11.01 | 10.86 | 9.54 | 8.71 |
| Total Assets | 37.90 | 35.72 | 14.17 | 13.03 | 13.77 | 13.21 | 11.70 | 11.81 | 11.34 | 11.17 | 11.01 |
| Accounts Payable | 1.06 | 0.83 | 1.52 | 1.40 | 1.14 | 1.03 | 1.44 | 1.00 | 0.56 | 0.82 | 1.17 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | 1.32 | 0.24 | -- | -- | -- |
| Total Current Liabilities | 1.20 | 1.00 | 1.80 | 1.56 | 2.27 | 1.47 | 3.59 | 2.02 | 1.93 | 0.82 | 1.17 |
| Total Non-current Liabilities | 0.21 | 0.17 | 0.17 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.37 | 0.05 | 0.05 |
| Total Liabilities | 1.41 | 1.17 | 1.97 | 1.61 | 2.32 | 1.52 | 3.64 | 2.07 | 2.30 | 0.87 | 1.22 |
| Retained Earnings | (31.60) | (29.74) | (28.37) | (24.64) | (23.25) | (21.69) | (18.37) | (16.19) | (12.15) | (9.13) | (6.96) |
| Total Stockholder Equity | 36.49 | 34.55 | 12.19 | 11.42 | 11.45 | 11.69 | 8.06 | 9.75 | 9.04 | 10.30 | 9.79 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3
2026 | 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 |
|---|
| Total Revenue | 0.35 | 0.21 | 0.12 | 0.17 | 0.19 | 0.02 | 0.01 | 0.08 | 0.06 | 0.07 | -- | -- | -- | -- |
| Cost of Revenue | 0.24 | 0.31 | 0.07 | 0.07 | 0.10 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.11 | (0.11) | 0.05 | 0.10 | 0.09 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 0.10 | 1.23 | 0.75 | 0.68 | 0.67 | 0.76 | 0.71 | 0.97 | 1.32 | 1.48 | 0.95 | 1.10 | 1.17 | 0.99 |
| Total Operating Expenses | 2.22 | 1.30 | 0.86 | 2.62 | 0.77 | 0.88 | 1.23 | 1.40 | 1.57 | 2.02 | 1.44 | 1.27 | 2.16 | 1.02 |
| Operating Income | (2.11) | (1.40) | (0.80) | (2.51) | (0.68) | (0.87) | (1.22) | (1.32) | (1.51) | (1.95) | (1.44) | (1.27) | (2.16) | (1.02) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.98 | 0.16 | 0.04 | 0.49 | 0.09 |
| Pretax Income | (1.97) | (1.37) | (1.01) | (2.72) | (1.39) | (1.56) | (1.62) | (1.70) | (2.18) | (4.05) | (1.70) | (1.32) | (2.17) | (2.24) |
| Net Income | (1.97) | (1.37) | (1.01) | (2.72) | (1.39) | (1.56) | (1.62) | (1.70) | (2.18) | (4.05) | (1.70) | (1.32) | (2.17) | (2.24) |
| Basic EPS | (0.39) | (0.05) | (0.10) | (0.72) | (0.17) | (0.22) | (0.33) | (37.17) | (0.04) | (0.10) | (0.05) | (0.27) | (0.08) | (0.12) |
| Diluted EPS | (0.39) | (0.05) | (0.10) | (0.72) | (0.17) | (0.22) | (0.33) | (37.17) | (0.04) | (0.10) | (0.05) | (0.27) | (0.08) | (0.12) |
Cash Flow Statement
(in millions USD)| Metric | Q3
2026 | 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 |
|---|
| Operating Cash Flow | (0.40) | (1.62) | (0.53) | (0.59) | (0.36) | (0.74) | (0.92) | (3.96) | (0.56) | 1.46 | (0.77) | (1.49) | (1.74) | (0.80) |
| Capital Expenditures | 0.11 | 0.00 | 0.06 | (0.01) | 0.50 | 0.32 | 0.08 | 0.04 | 0.07 | 0.15 | 0.91 | 0.11 | 0.04 | 0.21 |
| Free Cash Flow* | (0.51) | (1.62) | (0.59) | (0.58) | (0.85) | (1.06) | (1.00) | (4.00) | (0.64) | 1.31 | (1.69) | (1.61) | (1.78) | (1.01) |
| Investing Cash Flow | (0.04) | (0.06) | 0.01 | (0.01) | (0.51) | (0.29) | (0.16) | 0.05 | (0.12) | (0.50) | (0.52) | (0.39) | (0.83) | (0.97) |
| Financing Cash Flow | 2.54 | 23.10 | 0.38 | 0.91 | 0.00 | 0.49 | 2.76 | 3.90 | 0.76 | (1.09) | 0.08 | 1.94 | 1.89 | 3.89 |
* Derived from reported values
