Financial Statements — WGS
Balance Sheet
(in billions 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 | 0.06 | 0.09 | 0.10 | 0.07 | 0.10 | 0.06 | 0.06 | 0.08 | 0.09 | 0.16 | 0.20 | 0.19 | 0.28 | 0.32 | 0.46 | 0.00 | 0.00 |
| Short-term Investments | 0.07 | 0.08 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.03 | 0.03 | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.08 | 0.08 | 0.06 | 0.05 | 0.05 | -- | -- | -- | -- | -- | 0.03 | 0.04 | 0.05 | 0.04 | 0.02 | -- | -- |
| Inventory | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.04 | 0.04 | 0.04 | 0.03 | -- | -- |
| Total Current Assets | 0.25 | 0.27 | 0.24 | 0.20 | 0.23 | 0.19 | 0.16 | 0.16 | 0.17 | 0.21 | 0.27 | 0.31 | 0.40 | 0.41 | 0.54 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.05 | 0.08 | 0.09 | 0.06 | 0.06 | -- | -- |
| Goodwill | 0.00 | 0.00 | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | 0.18 | 0.18 | -- | -- | -- | -- |
| Intangible Assets | 0.14 | 0.14 | 0.17 | 0.18 | 0.16 | 0.16 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.19 | 0.19 | -- | -- | -- | -- |
| Total Non-current Assets* | 0.24 | 0.24 | 0.26 | 0.26 | 0.22 | 0.22 | 0.23 | 0.23 | 0.25 | 0.26 | 0.27 | 0.52 | 0.53 | 0.11 | 0.06 | 0.44 | 0.44 |
| Total Assets | 0.48 | 0.51 | 0.49 | 0.46 | 0.45 | 0.41 | 0.39 | 0.39 | 0.42 | 0.48 | 0.55 | 0.83 | 0.93 | 0.52 | 0.60 | 0.44 | 0.44 |
| Accounts Payable | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 | 0.06 | 0.05 | 0.03 | 0.04 | 0.05 | 0.07 | 0.09 | 0.12 | -- | -- | 0.00 | 0.00 |
| Total Current Liabilities | 0.07 | 0.09 | 0.09 | 0.07 | 0.07 | 0.08 | 0.07 | 0.05 | 0.07 | 0.08 | 0.12 | 0.16 | 0.20 | 0.10 | 0.07 | 0.00 | 0.00 |
| Long-term Debt | 0.10 | 0.10 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -- | -- |
| Total Non-current Liabilities* | 0.16 | 0.16 | 0.11 | 0.12 | 0.12 | 0.13 | 0.13 | 0.14 | 0.09 | 0.10 | 0.10 | 0.11 | 0.09 | 0.09 | 0.14 | 0.13 | 0.14 |
| Total Liabilities | 0.24 | 0.25 | 0.20 | 0.19 | 0.19 | 0.20 | 0.20 | 0.19 | 0.16 | 0.18 | 0.22 | 0.27 | 0.30 | 0.19 | 0.21 | 0.13 | 0.14 |
| Retained Earnings | (1.45) | (1.44) | (1.36) | (1.35) | (1.36) | (1.36) | (1.35) | (1.32) | (1.27) | (1.23) | (1.19) | (0.82) | (0.74) | (0.65) | (0.54) | (0.09) | (0.10) |
| Total Stockholder Equity | 0.24 | 0.25 | 0.29 | 0.28 | 0.26 | 0.20 | 0.19 | 0.21 | 0.25 | 0.30 | 0.33 | 0.56 | 0.64 | 0.33 | 0.39 | 0.01 | 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 |
|---|
| Total Revenue | 114.44 | 102.25 | 120.99 | 116.74 | 102.69 | 87.12 | 95.64 | 76.87 | 70.51 | 62.42 | 57.42 | 53.30 | 48.71 | 43.14 | 61.35 | 83.23 | 36.17 | 53.94 | 57.80 | 43.18 |
| Cost of Revenue | 36.20 | 34.04 | 36.72 | 32.22 | 31.79 | 28.64 | 29.44 | 29.05 | 27.56 | 25.01 | 26.66 | 28.04 | 29.95 | 27.90 | 77.68 | 69.69 | 65.77 | 48.32 | 48.60 | 58.75 |
| Gross Profit | 78.24 | 68.21 | 84.27 | 84.53 | 70.90 | 58.48 | 66.21 | 47.83 | 42.95 | 37.41 | 30.75 | 25.26 | 18.76 | 15.24 | (16.33) | 13.55 | (29.60) | 5.63 | 9.20 | (15.57) |
| Research & Development | 19.66 | 19.80 | 24.54 | 19.83 | 15.08 | 12.58 | 11.59 | 11.67 | 10.90 | 11.57 | 12.25 | 14.29 | 17.14 | 14.59 | 24.37 | 13.35 | 27.17 | 21.32 | 22.25 | 17.83 |
| Selling, General & Admin | 76.04 | 74.59 | 46.83 | 44.44 | 27.42 | 32.13 | 27.35 | 26.15 | 25.17 | 22.45 | 26.63 | 26.10 | 37.34 | 43.69 | 40.65 | 51.86 | 68.03 | 42.78 | 169.63 | 33.23 |
| Total Operating Expenses | 95.69 | 125.68 | 98.50 | 87.78 | 53.53 | 63.03 | 57.40 | 55.61 | 104.60 | 51.07 | 56.40 | 68.23 | 70.38 | 75.60 | 308.56 | 104.37 | 133.05 | 94.93 | 125.46 | 74.03 |
| Operating Income | (17.45) | (57.47) | (14.23) | (3.25) | 8.96 | (4.55) | 8.81 | (7.78) | (10.58) | (13.66) | (25.64) | (42.97) | (51.62) | (60.36) | (324.88) | (90.82) | (162.65) | (89.30) | (353.42) | (89.60) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.63 | 0.77 | 0.80 | 0.81 | 0.79 | 0.81 | 0.71 | 0.68 |
| Pretax Income | (18.26) | (62.42) | (18.23) | (7.39) | 10.56 | (6.08) | 5.41 | (8.36) | (29.36) | (20.32) | (26.18) | (42.46) | (46.91) | (61.14) | (308.67) | (77.65) | (134.82) | (76.90) | (231.32) | 31.39 |
| Tax Provision | (0.52) | 0.90 | (0.56) | 0.25 | (0.25) | 0.45 | (0.02) | (0.05) | (0.19) | (0.08) | (0.41) | (0.17) | (0.20) | (0.15) | 0.09 | (0.06) | (49.08) | 0.00 | 0.00 | 0.00 |
| Net Income | (17.74) | (63.32) | (17.67) | (7.63) | 10.81 | (6.53) | 5.44 | (8.31) | (29.17) | (20.24) | (25.77) | (42.29) | (46.72) | (60.99) | (308.76) | (77.58) | (85.74) | (76.90) | (231.32) | 31.39 |
| Basic EPS | (0.60) | (2.16) | (0.61) | (0.27) | 0.38 | (0.23) | 0.25 | (0.31) | (1.10) | (0.78) | (0.71) | (1.64) | (1.84) | (3.04) | (0.87) | (0.20) | (0.25) | (0.31) | 0.98 | 0.17 |
| Diluted EPS | (0.60) | (2.16) | (0.59) | (0.27) | 0.36 | (0.23) | 0.25 | (0.31) | (1.10) | (0.78) | (0.71) | (1.64) | (1.84) | (3.04) | (0.87) | (0.20) | (0.25) | (0.31) | 0.98 | 0.15 |
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 | (28.98) | (32.41) | (3.09) | 15.77 | 10.42 | 10.18 | (3.18) | (4.39) | (4.50) | (16.41) | (29.86) | (41.23) | (53.50) | (55.56) | (64.65) | (88.36) | (84.64) | (81.49) | (51.98) | (137.52) |
| Capital Expenditures | 10.11 | 6.45 | 4.35 | 6.17 | 2.37 | 6.13 | 3.05 | 0.65 | 1.35 | 0.44 | 2.38 | 0.11 | 2.76 | 0.00 | 2.17 | 2.24 | 1.37 | 1.38 | 5.06 | 4.34 |
| Free Cash Flow* | (39.09) | (38.86) | (7.44) | 9.60 | 8.05 | 4.05 | (6.23) | (5.04) | (5.86) | (16.86) | (32.23) | (41.34) | (56.26) | (55.56) | (66.82) | (90.60) | (86.01) | (82.87) | (57.04) | (141.87) |
| Investing Cash Flow | (5.63) | (17.25) | (11.07) | (4.69) | (36.35) | (9.41) | (0.52) | (7.75) | (22.70) | 0.84 | (4.86) | (27.13) | (11.27) | (0.46) | (2.84) | (4.28) | (130.30) | (3.91) | (7.69) | (13.09) |
| Financing Cash Flow | 1.00 | 38.59 | 23.19 | 10.77 | 0.35 | 13.72 | 31.02 | 13.97 | (0.39) | (0.44) | 47.10 | (0.91) | 7.39 | 132.66 | 0.07 | (0.65) | 198.06 | (0.16) | (1.03) | 494.76 |
* Derived from reported values
