Financial Statements — WKHS
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 | 9.63 | 0.60 | 12.73 | 2.19 | 2.64 | 3.24 | 5.31 | 6.73 | 38.87 | 62.38 | 79.11 | 120.12 | 140.06 | 167.05 | 230.42 | 156.61 | 205.07 |
| Accounts Receivable | 2.28 | 3.42 | 1.15 | 2.37 | 0.03 | 0.68 | 0.76 | 1.77 | 7.42 | 2.84 | 1.82 | 1.55 | 0.78 | 0.05 | 0.10 | 1.95 | 1.14 |
| Inventory | 38.17 | 37.27 | 30.00 | 32.76 | 41.31 | 43.19 | 46.50 | 49.85 | 40.78 | 34.62 | 21.94 | 11.57 | 12.56 | 12.68 | 61.50 | 49.51 | 30.67 |
| Total Current Assets | 56.49 | 47.03 | 72.96 | 63.69 | 77.54 | 57.47 | 59.47 | 65.64 | 97.78 | 124.29 | 132.85 | 163.18 | 165.15 | 188.65 | 327.00 | 430.58 | 467.41 |
| Property, Plant & Equipment | 19.55 | 20.69 | 21.12 | 29.15 | 31.01 | 34.83 | 36.50 | 38.54 | 37.47 | 31.30 | 26.92 | 17.05 | 13.58 | 10.74 | 13.86 | 13.89 | 12.35 |
| Goodwill | 3.23 | 3.48 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 5.60 | 5.74 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 53.65 | 55.70 | 43.77 | 35.57 | 37.94 | 43.94 | 45.90 | 48.23 | 48.52 | 52.64 | 48.54 | 38.70 | 25.38 | 20.88 | 13.86 | 13.89 | 12.35 |
| Total Assets | 110.14 | 102.74 | 116.74 | 99.25 | 115.48 | 101.41 | 105.38 | 113.87 | 146.30 | 176.93 | 181.38 | 201.88 | 190.53 | 209.53 | 340.86 | 444.47 | 479.76 |
| Accounts Payable | 7.03 | 11.99 | 7.13 | 11.20 | 10.01 | 8.38 | 6.34 | 6.65 | 5.86 | 43.05 | 45.04 | 44.83 | 9.60 | 9.95 | 8.51 | 7.54 | 6.37 |
| Short-term Debt | 18.25 | 5.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 44.29 | 38.30 | 60.43 | 73.48 | 80.39 | 49.60 | 41.69 | 41.40 | 25.87 | 58.09 | 65.16 | 60.37 | 17.76 | 21.50 | 174.93 | 17.60 | 17.55 |
| Long-term Debt | 35.92 | 15.68 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 58.68 | 38.24 | 24.24 | 3.42 | 3.70 | 4.56 | 5.05 | 5.05 | 7.66 | 11.44 | 11.40 | 10.24 | 8.94 | 31.84 | 25.00 | 204.03 | 186.61 |
| Total Liabilities | 102.96 | 76.54 | 84.67 | 76.91 | 84.09 | 54.15 | 46.74 | 46.45 | 33.53 | 69.54 | 76.56 | 70.62 | 26.70 | 53.33 | 199.93 | 221.63 | 204.16 |
| Retained Earnings | (359.08) | (338.90) | (896.61) | (888.78) | (874.00) | (832.18) | (807.04) | (780.72) | (706.31) | (675.67) | (652.65) | (589.00) | (553.59) | (532.43) | (354.27) | (273.16) | (229.54) |
| Total Stockholder Equity | 7.18 | 26.19 | 32.07 | 22.35 | 31.39 | 47.26 | 58.64 | 67.42 | 112.77 | 107.39 | 104.82 | 131.27 | 163.83 | 156.19 | 140.93 | 222.84 | 275.60 |
* 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 | 3.56 | 4.33 | 12.52 | 2.38 | 5.67 | 0.64 | 1.92 | 2.51 | 0.84 | 1.34 | 4.41 | 3.03 | 3.97 | 1.69 | 3.45 | 1.55 | 0.01 | 0.01 | (2.00) | (0.58) |
| Cost of Revenue | 11.03 | 11.81 | 2.46 | 10.09 | 13.05 | 5.16 | 7.46 | 6.64 | 7.30 | 7.44 | 18.04 | 6.56 | 8.43 | 5.33 | 21.21 | 9.52 | 3.02 | 3.92 | 99.92 | 11.55 |
| Gross Profit | (7.47) | (7.48) | 10.06 | (7.71) | (7.38) | (4.52) | (5.53) | (4.13) | (6.46) | (6.10) | (13.63) | (3.53) | (4.46) | (3.63) | (17.77) | (7.97) | (3.01) | (3.91) | (101.92) | (12.13) |
| Research & Development | 4.11 | 4.07 | 9.31 | 1.08 | 1.25 | 1.53 | 1.31 | 2.31 | 1.99 | 3.53 | 6.41 | 5.77 | 5.06 | 7.22 | 8.05 | 6.13 | 5.03 | 4.01 | 2.82 | 2.80 |
| Selling, General & Admin | 7.84 | 9.55 | 4.32 | 7.77 | 5.84 | 6.78 | 8.63 | 7.72 | 12.07 | 14.10 | 15.13 | 11.76 | 14.00 | 14.69 | 13.53 | 34.75 | 13.03 | 11.91 | 15.69 | 10.58 |
| Total Operating Expenses | 11.95 | 13.61 | 13.63 | 8.85 | 7.09 | 8.31 | 9.94 | 10.04 | 14.06 | 17.62 | 21.54 | 17.53 | 19.06 | 21.91 | 21.57 | 40.88 | 18.06 | 15.92 | 18.51 | 13.38 |
| Operating Income | (19.42) | (21.10) | (3.57) | (16.56) | (14.47) | (12.84) | (15.47) | (14.17) | (20.52) | (23.73) | (35.17) | (21.06) | (23.52) | (25.55) | (39.34) | (48.85) | (21.06) | (19.83) | 27.87 | (25.51) |
| Pretax Income | (20.17) | (19.92) | (20.83) | (7.83) | (14.78) | (20.64) | (21.30) | (25.14) | (26.32) | (29.16) | (45.37) | (30.65) | (23.02) | (25.00) | (38.65) | (35.41) | (21.16) | (22.05) | (156.12) | (84.03) |
| Tax Provision | 0.00 | (0.03) | 0.00 | 0.00 | 0.00 | 0.00 | (0.12) | 0.00 | 0.00 | 0.00 | (0.11) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.01) | (2.92) |
| Net Income | (20.17) | (19.88) | (20.83) | (7.83) | (14.78) | (20.64) | (21.18) | (25.14) | (26.32) | (29.16) | (45.26) | (30.65) | (23.02) | (25.00) | (38.65) | (35.41) | (21.16) | (22.05) | (156.10) | (81.12) |
| Basic EPS | (1.86) | (1.99) | 0.09 | (0.50) | (1.67) | (4.68) | (49.21) | (0.98) | (1.40) | (0.10) | (0.19) | (0.14) | (0.12) | (0.15) | (0.24) | (0.22) | (0.13) | (0.15) | (1.13) | (0.66) |
| Diluted EPS | (1.86) | (1.99) | 0.09 | (0.50) | (1.67) | (4.68) | (49.21) | (0.98) | (1.40) | (0.10) | (0.19) | (0.14) | (0.12) | (0.15) | (0.24) | (0.22) | (0.13) | (0.15) | (0.96) | (0.77) |
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 | (24.08) | (16.51) | (10.54) | (10.99) | (5.87) | (8.15) | (7.47) | (10.05) | (12.10) | (17.96) | (27.48) | (29.75) | (33.05) | (32.75) | (27.84) | (10.52) | (24.72) | (30.74) | (22.53) | (28.78) |
| Capital Expenditures | 0.14 | 0.13 | 0.60 | 0.00 | (0.02) | 0.02 | 0.04 | 0.27 | 0.73 | 3.03 | 2.16 | 6.05 | 5.07 | 5.40 | 7.79 | 4.05 | 2.06 | 3.60 | 1.51 | 0.52 |
| Free Cash Flow* | (24.22) | (16.64) | (11.14) | (10.99) | (5.86) | (8.17) | (7.51) | (10.32) | (12.83) | (20.99) | (29.64) | (35.80) | (38.12) | (38.15) | (35.63) | (14.57) | (26.78) | (34.34) | (24.04) | (29.30) |
| Investing Cash Flow | (0.14) | (0.12) | (9.64) | 19.47 | 0.02 | (0.02) | (0.04) | (0.27) | (0.73) | (3.03) | (2.16) | (6.05) | (5.07) | (5.40) | (5.31) | (9.05) | (2.06) | (3.60) | 103.62 | (0.52) |
| Financing Cash Flow | 33.25 | 5.00 | (7.08) | 5.00 | (0.02) | 34.12 | 8.91 | 8.26 | 11.41 | (8.13) | 26.62 | 12.29 | 21.39 | 17.99 | 12.31 | (0.38) | (0.20) | (0.26) | (109.86) | 103.11 |
* Derived from reported values
