Financial Statements — VGAS
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 |
|---|
| Cash & Equivalents | 53.45 | 54.28 | 59.44 | 62.05 | 65.28 | 21.67 | 23.21 | 25.94 | 31.15 | 33.17 | 34.81 | 0.01 | 0.09 | 0.16 | 0.54 | 0.04 |
| Total Current Assets | 54.34 | 55.33 | 61.45 | 63.97 | 67.17 | 22.77 | 24.97 | 27.45 | 32.10 | 34.41 | 36.51 | 0.02 | 0.16 | 0.33 | 0.81 | 0.06 |
| Property, Plant & Equipment | 0.05 | 0.06 | 3.38 | 2.32 | 1.59 | 0.75 | 0.41 | 0.07 | 0.01 | 0.01 | 0.01 | -- | -- | -- | -- | -- |
| Intangible Assets | 1.93 | 1.93 | 1.93 | 1.93 | 1.93 | 1.93 | 1.93 | 1.93 | 1.93 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 2.48 | 2.58 | 5.73 | 4.75 | 4.12 | 3.13 | 2.87 | 2.61 | 2.48 | 7.78 | 7.89 | 174.90 | 174.48 | 174.25 | 174.34 | 0.29 |
| Total Assets | 56.82 | 57.91 | 67.18 | 68.73 | 71.29 | 25.91 | 27.84 | 30.06 | 34.57 | 42.19 | 44.40 | 174.92 | 174.64 | 174.57 | 175.15 | 0.36 |
| Accounts Payable | 0.44 | 0.28 | 2.19 | 1.81 | 2.16 | 1.07 | 0.21 | 0.37 | 0.48 | 0.77 | 0.24 | 3.51 | 0.97 | 0.79 | -- | -- |
| Total Current Liabilities | 2.08 | 1.54 | 3.11 | 2.93 | 3.46 | 3.52 | 3.34 | 2.95 | 3.82 | 4.11 | 2.34 | 3.77 | 1.10 | 0.79 | 0.05 | 0.34 |
| Total Non-current Liabilities* | 0.00 | 0.03 | 0.03 | 0.05 | 0.09 | 0.09 | 0.11 | 0.15 | 0.00 | 4.97 | 6.94 | 6.04 | 6.04 | 6.04 | 6.04 | 0.00 |
| Total Liabilities* | 2.08 | 1.57 | 3.14 | 2.98 | 3.55 | 3.61 | 3.45 | 3.10 | 3.82 | 9.08 | 9.28 | 9.81 | 7.14 | 6.83 | 6.09 | 0.34 |
| Retained Earnings | (36.33) | (35.42) | (30.92) | (29.76) | (28.50) | (26.38) | (25.60) | (24.70) | (23.28) | (22.50) | (21.75) | (9.61) | (6.73) | (6.48) | (5.17) | (0.01) |
| Total Stockholder Equity* | 54.75 | 56.34 | 64.05 | 65.75 | 67.74 | 22.29 | 24.39 | 26.95 | 30.75 | 33.10 | 35.12 | (9.61) | (6.72) | (6.48) | (5.17) | 0.01 |
* 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 |
|---|
| Research & Development | 0.17 | 0.18 | 0.13 | 0.13 | 0.15 | 0.18 | 0.10 | 0.09 | 0.17 | 0.09 | 0.08 | 0.08 | 0.09 | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 2.36 | 2.67 | 3.08 | 2.75 | 3.09 | 3.00 | 2.73 | 2.69 | 2.99 | 2.79 | 2.21 | 2.51 | 2.46 | 4.33 | 1.31 | 3.01 | 0.44 | 0.95 | -- | -- |
| Operating Income | (2.52) | (2.85) | (7.15) | (2.88) | (3.24) | (3.18) | (2.84) | (2.78) | (3.16) | (2.88) | (2.30) | (2.59) | (2.54) | (3.12) | (1.31) | (3.01) | (0.44) | (0.95) | (0.38) | (0.07) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.07 | 0.00 | 0.07 | 0.10 | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (2.05) | (2.35) | (6.57) | (2.23) | (2.57) | (2.65) | (2.60) | (2.49) | (2.85) | (2.53) | (2.15) | (2.51) | -- | -- | 0.17 | (2.26) | (0.24) | -- | -- | -- |
| Tax Provision | (0.11) | 0.05 | (0.02) | 0.10 | (0.03) | 0.05 | 0.07 | (0.01) | (0.01) | -- | 0.05 | 0.12 | -- | -- | 0.30 | 0.13 | 0.01 | -- | -- | -- |
| Net Income | (0.91) | (1.21) | (3.30) | (1.15) | (1.26) | (1.25) | (0.88) | (0.78) | (0.90) | (0.77) | 3.70 | (2.63) | (2.55) | (3.12) | (0.13) | (2.39) | (0.24) | (0.94) | (0.40) | (0.07) |
| Basic EPS | (0.04) | (0.05) | -- | -- | -- | -- | -- | -- | -- | (0.13) | -- | (0.13) | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (0.04) | (0.05) | -- | -- | -- | -- | -- | -- | -- | (0.13) | (0.11) | (0.13) | (0.12) | (0.09) | -- | -- | -- | (0.01) | -- | -- |
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 | (0.83) | (2.62) | (1.33) | (1.68) | (2.18) | (3.70) | (2.22) | (1.64) | (2.19) | (2.83) | (2.32) | (1.99) | (1.96) | (2.85) | (0.27) | (0.41) | (0.19) | (0.35) | (0.08) | (0.41) |
| Capital Expenditures | 0.00 | 0.46 | 3.23 | 2.44 | 1.55 | 0.47 | 1.10 | 0.89 | 0.54 | 0.01 | 0.06 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (0.83) | (3.07) | (4.55) | (4.12) | (3.73) | (4.18) | (3.33) | (2.53) | (2.73) | (2.84) | (2.37) | (1.99) | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | -0.00 | (0.32) | (0.90) | (0.94) | (0.54) | (0.01) | (0.40) | 0.10 | (0.54) | (0.01) | (0.06) | -0.00 | -- | -- | (1.44) | 0.33 | -- | -- | 0.00 | (174.22) |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | -0.00 | (0.50) | 49.95 | -- | -- | -- | -- | 0.00 | (0.02) | 0.31 | 37.20 | 1.83 | 0.00 | 0.13 | 0.06 | 0.05 | 175.14 |
* Derived from reported values
