Financial Statements — TUSK
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 | 50.87 | 92.72 | 98.17 | 127.25 | 56.65 | 4.17 | 10.27 | 22.02 | 10.53 | 8.85 | 11.73 | 10.62 | 12.73 | 8.12 | 7.95 | 11.04 | 14.37 |
| Short-term Investments | 26.15 | 32.45 | 12.73 | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 1.77 | 1.76 | 1.76 | 1.76 | 1.75 |
| Accounts Receivable | 39.40 | 34.74 | 41.89 | 44.79 | 76.31 | 232.03 | 235.80 | 389.52 | -- | -- | 475.58 | 463.00 | 430.44 | 411.93 | 402.04 | 413.25 | 369.43 |
| Inventory | 11.04 | 3.19 | 4.27 | 3.47 | 16.52 | 13.50 | 12.39 | 12.82 | 11.78 | 10.19 | 10.23 | 8.33 | 8.00 | 10.36 | 9.44 | 10.21 | 11.36 |
| Total Current Assets | 146.01 | 184.79 | 199.01 | 240.13 | 186.57 | 255.19 | 265.49 | 433.90 | 482.25 | 477.04 | 508.29 | 487.84 | 461.69 | 442.20 | 426.04 | 444.98 | 443.71 |
| Property, Plant & Equipment | 149.91 | 113.23 | 83.83 | 68.42 | 108.38 | 109.39 | 109.52 | 109.23 | 119.15 | 127.19 | 132.53 | 135.22 | 145.91 | 161.01 | 194.48 | 210.40 | 231.32 |
| Goodwill | 1.46 | -- | -- | -- | 9.21 | 9.21 | 9.21 | 9.21 | 9.21 | 11.72 | 11.72 | 11.72 | 11.72 | 11.72 | 12.61 | 12.61 | 12.61 |
| Intangible Assets | -- | -- | -- | -- | -- | 0.33 | 0.53 | 0.72 | 1.11 | 1.39 | 1.59 | 1.98 | 2.17 | 2.37 | 3.47 | 4.27 | 4.52 |
| Total Non-current Assets* | 199.96 | 159.95 | 137.74 | 124.06 | 187.78 | 187.79 | 190.02 | 194.17 | 203.72 | 215.72 | 223.21 | 225.50 | 241.44 | 260.25 | 302.47 | 320.96 | 336.73 |
| Total Assets | 345.96 | 344.74 | 336.75 | 364.19 | 374.35 | 442.98 | 455.51 | 628.07 | 685.98 | 692.76 | 731.50 | 713.34 | 703.13 | 702.45 | 728.51 | 765.94 | 780.44 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 42.58 | 55.48 | 55.75 | 54.72 | 63.38 | 36.82 |
| Total Current Liabilities | 75.51 | 75.27 | 80.16 | 96.10 | 105.03 | 113.44 | 103.26 | 123.32 | 132.40 | 205.15 | 237.72 | 142.47 | 144.92 | 144.68 | 146.09 | 146.77 | 119.61 |
| Long-term Debt | -- | -- | -- | -- | -- | 49.01 | 47.28 | 45.63 | 69.03 | -- | -- | 92.78 | 85.47 | 88.94 | 80.64 | 64.24 | 68.39 |
| Total Non-current Liabilities* | 8.06 | 6.51 | 7.35 | 6.06 | 16.82 | 60.86 | 59.87 | 56.49 | 88.01 | 20.90 | 23.08 | 113.21 | 107.91 | 108.93 | 106.16 | 101.97 | 109.44 |
| Total Liabilities | 83.57 | 81.79 | 87.51 | 102.16 | 121.84 | 174.30 | 163.13 | 179.81 | 220.40 | 226.05 | 260.80 | 255.67 | 252.83 | 253.60 | 252.24 | 248.74 | 229.05 |
| Retained Earnings | (274.62) | (273.86) | (287.95) | (275.33) | (284.18) | (268.16) | (244.12) | (88.13) | (70.36) | (69.27) | (64.80) | (77.92) | (85.65) | (87.35) | (59.24) | (18.33) | 16.45 |
| Total Stockholder Equity | 262.39 | 262.95 | 249.24 | 262.04 | 252.51 | 268.68 | 292.38 | 448.26 | 465.57 | 466.72 | 470.70 | 457.67 | 450.30 | 448.84 | 476.26 | 517.20 | 551.40 |
* 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 | 26.05 | 22.03 | (49.38) | 14.80 | 16.41 | 62.47 | 53.20 | 40.02 | 51.53 | 43.19 | 52.78 | 64.96 | 75.43 | 116.32 | 102.91 | 107.20 | 89.68 | 62.30 | 57.23 | 57.49 |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | 37.97 | 43.84 | 40.58 | 45.78 | 52.82 | 60.25 | 88.99 | 76.86 | 78.46 | 68.79 | 54.48 | 46.29 | 53.58 |
| Gross Profit* | -- | -- | -- | -- | -- | -- | -- | 2.04 | 7.69 | 2.61 | 7.00 | 12.14 | 34.69 | 27.33 | 26.04 | 57.46 | 20.89 | 7.82 | 10.95 | 3.90 |
| Selling, General & Admin | 4.23 | 3.60 | 2.53 | 5.16 | 5.34 | 6.54 | 9.86 | 8.70 | 97.48 | 8.78 | 8.31 | 10.41 | 10.36 | 8.38 | 13.00 | 9.69 | 8.21 | 8.67 | 3.55 | 41.87 |
| Total Operating Expenses* | -- | -- | -- | -- | -- | -- | -- | 14.59 | 102.49 | 14.64 | 13.82 | 21.00 | 43.51 | 20.98 | 26.61 | 73.31 | 25.68 | 25.84 | 23.02 | 61.56 |
| Operating Income | 2.63 | (0.87) | (12.53) | (9.01) | (36.40) | 0.51 | (9.32) | (12.55) | (94.80) | (12.03) | (6.82) | (8.86) | (7.35) | 6.35 | 2.57 | 3.82 | (4.79) | (18.02) | (12.07) | (57.66) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.88 | 3.22 | 3.29 | 3.24 | 3.26 | 2.66 | 2.35 | 2.53 | 1.48 |
| Pretax Income | 0.66 | 6.14 | (13.45) | (9.92) | (36.63) | 0.32 | (14.09) | (23.40) | (171.01) | (10.03) | (2.66) | 2.35 | (2.24) | 11.68 | 6.93 | 11.55 | 5.64 | (11.13) | (9.79) | (48.09) |
| Tax Provision | 1.85 | 1.46 | 2.02 | 2.14 | (0.93) | 0.86 | 1.39 | 0.64 | (15.02) | 1.79 | 3.29 | 3.44 | 2.23 | 3.33 | 2.17 | 3.82 | 3.94 | 3.69 | 3.51 | (7.19) |
| Net Income | (0.76) | 5.19 | 8.90 | (12.61) | 8.85 | (0.54) | (15.48) | (24.04) | (155.99) | (11.81) | (5.96) | (1.09) | (4.47) | 8.35 | 4.77 | 7.73 | 1.70 | (14.82) | (13.30) | (40.90) |
| Basic EPS | (0.01) | 0.11 | 0.19 | (0.26) | 0.18 | (0.01) | (0.31) | (0.50) | (3.25) | (0.25) | (0.14) | (0.02) | (0.09) | 0.18 | 0.11 | 0.16 | 0.04 | (0.32) | (0.28) | (0.88) |
| Diluted EPS | (0.01) | 0.11 | 0.19 | (0.26) | 0.18 | (0.01) | (0.31) | (0.50) | (3.25) | (0.25) | (0.13) | (0.02) | (0.09) | 0.17 | 0.11 | 0.16 | 0.04 | (0.32) | (0.28) | (0.88) |
* Derived from reported values
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 | (6.99) | (3.03) | (9.49) | 0.73 | (12.52) | 2.71 | 141.42 | (1.23) | (6.82) | 47.35 | 6.44 | (7.66) | 29.37 | 3.24 | 21.33 | (5.43) | 1.74 | (2.38) | (3.10) | (20.23) |
| Capital Expenditures | 43.96 | 11.71 | 25.93 | 17.30 | 20.09 | 7.23 | 6.10 | 1.90 | 4.92 | 4.15 | 4.13 | 4.73 | 4.50 | 6.04 | 3.64 | 5.13 | 2.79 | 1.18 | 1.37 | 2.77 |
| Free Cash Flow* | (50.95) | (14.74) | (35.41) | (16.57) | (32.62) | (4.52) | 135.32 | (3.12) | (11.74) | 43.20 | 2.31 | (12.38) | 24.87 | (2.80) | 17.69 | (10.56) | (1.04) | (3.56) | (4.47) | (23.00) |
| Investing Cash Flow | (34.72) | (5.76) | (4.05) | (30.27) | 91.86 | (2.99) | (4.51) | (1.40) | (3.42) | (1.10) | (1.10) | 2.05 | (4.03) | (5.71) | (1.68) | (3.92) | 3.62 | (0.14) | 0.40 | 2.18 |
| Financing Cash Flow | (0.20) | (0.46) | (0.06) | (0.12) | (0.30) | (3.80) | (60.63) | (1.49) | (1.50) | (48.49) | 8.41 | 7.33 | (28.24) | (3.08) | (12.99) | 7.33 | (0.68) | 0.74 | 4.65 | 14.99 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2020 | Q2
2020 | Q1
2020 | Q4
2019 | Q3
2019 | Q2
2019 | Q1
2019 | Q4
2018 | Q3
2018 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.13 | 0.13 | 0.13 | 0.00 |
