Financial Statements — WAVE
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Cash & Equivalents | 6.46 | 7.42 | 4.05 | 12.32 |
| Total Current Assets | 8.07 | 7.60 | 9.42 | 12.56 |
| Total Non-current Assets | 1.30 | 1.12 | 1.33 | 1.25 |
| Total Assets | 9.37 | 8.72 | 10.75 | 13.82 |
| Total Current Liabilities | 2.39 | 2.20 | 2.11 | 2.06 |
| Total Non-current Liabilities | 0.07 | 0.05 | 0.11 | 0.09 |
| Total Liabilities | 2.46 | 2.24 | 2.21 | 2.15 |
| Retained Earnings | (16.95) | (13.99) | (12.14) | (9.81) |
| Total Stockholder Equity | 6.91 | 6.48 | 8.54 | 11.67 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Total Revenue | -- | -- | -- | 0.03 |
| Cost of Revenue* | -- | -- | -- | 0.02 |
| Gross Profit | -- | -- | -- | 0.00 |
| Research & Development | 0.22 | 0.14 | 0.11 | 0.44 |
| Selling, General & Admin | 0.55 | 0.49 | 0.46 | 0.65 |
| Total Operating Expenses | 0.82 | 0.69 | 0.69 | 1.22 |
| Operating Income | (0.82) | (0.69) | (0.69) | (1.22) |
| Pretax Income* | -- | -- | -- | (0.69) |
| Tax Provision | -- | -- | -- | 0.01 |
| Net Income | (1.39) | (0.49) | (0.34) | (0.71) |
| Basic EPS | (0.03) | (0.01) | (0.01) | (0.02) |
| Diluted EPS | (0.03) | (0.01) | (0.01) | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 |
|---|
| Investing Cash Flow | 0.09 | 4.19 | (0.03) | (0.19) |
| Financing Cash Flow | (0.11) | (0.05) | (0.03) | (0.05) |
