Financial Statements — VTSI
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 | 14.31 | 17.85 | 20.77 | 20.70 | 17.61 | 19.67 | 18.41 | 22.42 | 17.20 | 13.34 | 14.26 | 15.67 | 15.02 | 15.69 | 21.55 | 23.79 | 5.04 |
| Accounts Receivable | 4.46 | 4.92 | 5.01 | 6.45 | 8.91 | 7.22 | 9.12 | 10.30 | 14.13 | 17.93 | 4.69 | 2.32 | 6.39 | 5.14 | 4.89 | 5.51 | 2.65 |
| Inventory | 14.19 | 14.37 | 12.34 | 12.81 | 14.99 | 13.91 | 13.47 | 12.29 | 10.78 | 9.97 | 10.75 | 9.77 | 8.83 | 6.95 | 5.93 | 5.21 | 4.19 |
| Total Current Assets | 38.19 | 39.27 | 42.60 | 44.15 | 45.23 | 44.94 | 44.35 | 47.52 | 46.42 | 44.21 | 38.14 | 32.57 | 35.90 | 34.57 | 37.34 | 39.38 | 18.85 |
| Property, Plant & Equipment | 20.70 | 16.01 | 16.35 | 16.45 | 16.32 | 16.35 | 16.58 | 16.80 | 15.10 | 15.15 | 15.21 | 14.59 | 14.19 | 13.47 | 12.44 | 1.79 | 1.29 |
| Intangible Assets | 2.53 | 2.40 | 2.63 | 2.74 | 0.56 | 0.56 | 0.56 | 0.57 | 0.57 | 0.57 | 0.58 | 0.59 | 0.58 | 0.57 | 0.88 | 0.36 | 0.32 |
| Total Non-current Assets | 27.99 | 23.88 | 23.61 | 23.22 | 21.57 | 21.13 | 21.68 | 21.85 | 22.11 | 22.29 | 20.40 | 18.49 | 17.22 | 16.88 | 16.22 | 5.18 | 5.03 |
| Total Assets | 66.18 | 63.15 | 66.20 | 67.37 | 66.80 | 66.07 | 66.02 | 69.38 | 68.53 | 66.50 | 58.54 | 51.06 | 53.12 | 51.45 | 53.56 | 44.56 | 23.88 |
| Accounts Payable | 0.61 | 0.97 | 1.18 | 1.03 | 1.22 | 1.12 | 1.01 | 1.70 | 1.39 | 1.16 | 1.57 | 0.70 | 1.46 | 1.34 | 1.09 | 1.21 | 0.98 |
| Total Current Liabilities | 9.82 | 9.99 | 9.68 | 10.03 | 9.97 | 8.96 | 9.55 | 14.34 | 17.23 | 17.64 | 10.88 | 6.85 | 8.93 | 8.72 | 11.50 | 11.65 | 8.07 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 8.57 | -- | -- |
| Total Non-current Liabilities | 12.26 | 8.85 | 9.69 | 10.00 | 9.84 | 10.96 | 11.07 | 11.05 | 11.63 | 10.92 | 10.92 | 11.95 | 11.17 | 10.89 | 10.90 | 3.28 | 3.49 |
| Total Liabilities | 22.08 | 18.84 | 19.37 | 20.03 | 19.81 | 19.92 | 20.61 | 25.39 | 28.85 | 28.56 | 21.80 | 18.80 | 20.10 | 19.61 | 22.40 | 14.92 | 11.56 |
| Retained Earnings | 10.95 | 11.21 | 13.83 | 14.21 | 14.04 | 13.66 | 13.08 | 11.88 | 7.87 | 6.23 | 5.21 | 0.87 | 1.67 | 0.88 | 0.29 | (1.05) | (1.58) |
| Total Stockholder Equity | 44.10 | 44.31 | 46.83 | 47.34 | 46.98 | 46.15 | 45.41 | 43.99 | 39.67 | 37.94 | 36.74 | 32.27 | 33.03 | 31.84 | 31.16 | 29.64 | 12.32 |
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 | 5.76 | 3.47 | 2.91 | 5.35 | 6.98 | 7.16 | 4.70 | 7.48 | 6.08 | 8.09 | 10.12 | 7.56 | 10.34 | 10.03 | 8.65 | 4.90 | 8.00 | 6.75 | 8.64 | 6.09 |
| Cost of Revenue | 2.35 | 1.34 | 1.24 | 1.83 | 2.17 | 1.96 | 1.77 | 1.99 | 0.55 | 2.63 | 1.71 | 2.18 | 4.42 | 3.08 | 3.34 | 2.39 | 3.25 | 3.07 | 5.82 | 3.22 |
| Gross Profit | 3.42 | 2.13 | 1.68 | 3.52 | 4.81 | 5.20 | 2.93 | 5.50 | 5.52 | 5.46 | 8.41 | 5.39 | 5.92 | 6.95 | 5.31 | 2.52 | 4.74 | 3.69 | 2.83 | 2.88 |
| Research & Development | 0.44 | 0.50 | 0.48 | 0.69 | 0.61 | 0.61 | 0.73 | 0.72 | 0.86 | 0.69 | 0.83 | 0.49 | 0.71 | 0.77 | 0.62 | 0.69 | 0.62 | 0.68 | 0.61 | 0.65 |
| Selling, General & Admin | 3.17 | 2.96 | 2.59 | 3.28 | 3.29 | 3.22 | 3.49 | 4.02 | 3.54 | 3.37 | 5.01 | 3.23 | 3.28 | 2.71 | 2.77 | 2.90 | 3.09 | 2.30 | 2.41 | 1.96 |
| Total Operating Expenses | 3.60 | 3.46 | 3.07 | 3.97 | 3.90 | 3.83 | 4.22 | 4.74 | 4.39 | 4.06 | 5.84 | 3.72 | 3.99 | 3.48 | 3.40 | 3.59 | 3.70 | 2.98 | 3.02 | 2.61 |
| Operating Income | (0.19) | (1.33) | (1.39) | (0.45) | 0.91 | 1.37 | (1.29) | 0.76 | 1.13 | 1.40 | 2.57 | 1.67 | 1.93 | 3.47 | 1.91 | (1.07) | 1.04 | 0.71 | (0.20) | 0.27 |
| Pretax Income | (0.17) | (1.27) | (1.02) | (0.36) | 0.17 | 1.37 | (1.56) | 0.79 | 1.29 | 1.73 | 2.75 | 1.88 | 2.00 | 3.59 | 1.82 | (1.03) | 1.03 | 0.70 | (0.21) | 1.60 |
| Tax Provision | 0.09 | 0.05 | (0.23) | 0.03 | (0.01) | 0.10 | 0.08 | 0.21 | 0.09 | 0.51 | (0.04) | 0.24 | 0.98 | 0.64 | 0.42 | (0.22) | 0.25 | 0.12 | (0.22) | 0.25 |
| Net Income | (0.26) | (1.33) | (0.79) | (0.39) | 0.18 | 1.26 | -- | 0.58 | 1.20 | 1.22 | 2.80 | 1.63 | 1.03 | 2.95 | 1.39 | (0.80) | 0.79 | 0.58 | 0.01 | 1.34 |
| Basic EPS | (0.02) | (0.12) | (0.08) | (0.03) | 0.02 | 0.11 | (0.15) | 0.05 | 0.11 | 0.11 | 0.26 | 0.15 | 0.09 | 0.27 | 0.13 | (0.07) | 0.07 | 0.05 | 0.00 | 0.12 |
| Diluted EPS | (0.02) | (0.12) | (0.08) | (0.03) | 0.02 | 0.11 | (0.15) | 0.05 | 0.11 | 0.11 | 0.26 | 0.15 | 0.09 | 0.27 | 0.13 | (0.07) | 0.07 | 0.05 | 0.00 | 0.12 |
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 | (2.14) | (0.58) | (1.50) | 0.04 | 5.98 | 0.07 | (1.41) | 1.40 | (3.87) | 5.14 | 2.32 | 4.05 | (0.67) | 0.98 | (1.24) | 1.33 | 0.34 | (3.12) | (1.49) | 0.42 |
| Capital Expenditures | 1.01 | -- | 0.62 | (0.10) | 0.57 | 0.43 | 0.15 | 0.08 | 1.61 | -- | 0.62 | 0.17 | 0.18 | 0.16 | 0.90 | 0.60 | 0.92 | 0.80 | (7.96) | 10.81 |
| Free Cash Flow* | (3.15) | -- | (2.11) | 0.13 | 5.41 | (0.36) | (1.57) | 1.32 | (5.48) | -- | 1.70 | 3.89 | (0.85) | 0.82 | (2.14) | 0.73 | (0.58) | (3.92) | 6.47 | (10.38) |
| Investing Cash Flow | (1.35) | (0.10) | (0.62) | 0.10 | (2.83) | (0.43) | (0.15) | (0.08) | (0.06) | (1.55) | (0.62) | (0.17) | (0.18) | (0.16) | (0.90) | (0.63) | (0.96) | (0.86) | 8.30 | (11.34) |
| Financing Cash Flow | (0.05) | (0.07) | (0.06) | (0.06) | (0.06) | (0.07) | (0.06) | (0.06) | (0.07) | (0.02) | (0.05) | (0.03) | (0.07) | (0.04) | (0.05) | (0.04) | (0.05) | (0.05) | (8.65) | 8.58 |
* Derived from reported values
