Financial Statements — UPC
Balance Sheet
(in millions USD)| Metric | Q2
2024 | Q2
2023 |
|---|
| Cash & Equivalents | 8.86 | 12.95 |
| Short-term Investments | 2.53 | 13.31 |
| Accounts Receivable | 14.38 | 17.52 |
| Inventory | 3.39 | 2.87 |
| Total Current Assets | 33.53 | 52.52 |
| Property, Plant & Equipment | 3.52 | 4.14 |
| Intangible Assets | 0.15 | 0.16 |
| Total Non-current Assets | 15.90 | 17.85 |
| Total Assets | 49.43 | 70.37 |
| Accounts Payable | 7.76 | 11.24 |
| Short-term Debt | 10.00 | 4.08 |
| Total Current Liabilities | 20.61 | 23.24 |
| Total Non-current Liabilities* | 2.08 | 0.00 |
| Total Liabilities* | 22.69 | 23.24 |
| Retained Earnings | (2.94) | 15.61 |
| Total Stockholder Equity | 26.74 | 47.13 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2024 | Q2
2023 |
|---|
| Total Revenue | 12.88 | 18.47 |
| Cost of Revenue | 9.52 | 9.09 |
| Gross Profit | 3.37 | 6.13 |
| Research & Development | 0.09 | 2.27 |
| Selling, General & Admin | 0.97 | 1.38 |
| Total Operating Expenses | 5.11 | 5.98 |
| Operating Income | (1.74) | 0.15 |
| Interest Expense | -- | 0.07 |
| Pretax Income | (12.44) | 0.26 |
| Tax Provision | 0.67 | 0.97 |
| Net Income | (13.10) | (0.72) |
| Basic EPS | (3.59) | (0.20) |
| Diluted EPS | (3.59) | (0.20) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2024 | Q2
2023 |
|---|
| Operating Cash Flow | (2.43) | 4.80 |
| Capital Expenditures | 0.03 | 0.00 |
| Free Cash Flow* | (2.46) | 4.80 |
| Investing Cash Flow | (0.07) | -0.00 |
| Financing Cash Flow | 6.07 | 2.08 |
* Derived from reported values
