Financial Statements — XCUR
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 | 1.72 | 2.60 | 4.44 | 7.86 | 10.42 | 0.34 | 0.53 | 0.37 | 0.92 | 2.34 | 9.96 | 15.65 | 21.20 | 23.89 | 51.89 | 42.59 | 34.30 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 1.00 | 2.49 | 8.95 | 13.47 | 33.14 |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Total Current Assets | 2.32 | 3.53 | 5.44 | 8.65 | 11.31 | 2.60 | 2.08 | 1.46 | 3.09 | 3.66 | 11.28 | 17.20 | 24.72 | 29.18 | 64.15 | 60.65 | 73.99 |
| Property, Plant & Equipment | 0.18 | 0.22 | 0.53 | 0.71 | 0.56 | 0.03 | 0.04 | 0.05 | 0.06 | 1.80 | 2.28 | 3.03 | 3.33 | 3.61 | 4.17 | 4.10 | 4.09 |
| Goodwill | 4.40 | 4.40 | 3.34 | 3.34 | 3.34 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 3.78 | 3.78 | 3.78 | 3.78 | 3.78 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 9.07 | 9.22 | 9.83 | 10.09 | 9.38 | 8.03 | 8.61 | 9.25 | 9.86 | 13.89 | 12.67 | 11.74 | 12.23 | 12.71 | 13.75 | 13.82 | 13.96 |
| Total Assets | 11.40 | 12.76 | 15.27 | 18.74 | 20.68 | 10.63 | 10.69 | 10.71 | 12.95 | 17.56 | 23.94 | 28.94 | 36.96 | 41.90 | 77.90 | 74.47 | 87.95 |
| Accounts Payable | 2.19 | 2.44 | 1.31 | 1.84 | 1.21 | 1.34 | 1.59 | 1.83 | 0.87 | 0.34 | 0.45 | 0.92 | 1.59 | 1.92 | 2.49 | 2.25 | 2.98 |
| Total Current Liabilities | 4.17 | 4.46 | 2.77 | 4.57 | 3.89 | 3.66 | 3.43 | 2.66 | 2.22 | 1.43 | 2.73 | 25.71 | 19.66 | 21.36 | 21.98 | 12.75 | 12.76 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 16.80 | 16.73 | 16.66 |
| Total Non-current Liabilities* | 6.25 | 6.20 | 5.57 | 5.31 | 5.41 | 5.43 | 5.64 | 5.84 | 6.23 | 6.42 | 6.60 | 6.94 | 16.14 | 17.30 | 41.94 | 25.08 | 25.14 |
| Total Liabilities | 10.42 | 10.66 | 8.34 | 9.88 | 9.30 | 9.09 | 9.07 | 8.50 | 8.45 | 7.85 | 9.32 | 32.65 | 35.79 | 38.66 | 63.92 | 37.83 | 37.91 |
| Retained Earnings | (207.16) | (206.04) | (201.31) | (198.87) | (196.25) | (192.08) | (190.99) | (190.39) | (188.08) | (182.82) | (177.06) | (191.04) | (185.88) | (178.41) | (156.24) | (132.71) | (118.44) |
| Total Stockholder Equity | 0.98 | 2.10 | 6.93 | 8.86 | 11.38 | 1.55 | 1.61 | 2.21 | 4.50 | 9.71 | 14.62 | (3.70) | 1.16 | 3.24 | 13.98 | 36.64 | 50.04 |
* 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 21.77 | 2.02 | 2.47 | 2.57 | 2.12 | (3.68) |
| Research & Development | 0.17 | 0.31 | 0.66 | 0.89 | 0.94 | 0.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.42 | 1.07 | 4.81 | 6.75 | 7.14 | 11.42 | 16.46 |
| Selling, General & Admin | 0.89 | 1.29 | 1.60 | 1.50 | 1.51 | 2.22 | 1.44 | 1.43 | 1.24 | 1.34 | 1.50 | 2.40 | 5.64 | 3.12 | 2.11 | 2.42 | 3.21 | 3.16 | 4.15 | 2.95 |
| Total Operating Expenses | 1.05 | 1.64 | 2.28 | 2.39 | 2.51 | (2.95) | 7.59 | 2.57 | 1.24 | 1.34 | 1.50 | 3.32 | 5.64 | 4.54 | 3.18 | 7.22 | 9.95 | 10.30 | 15.57 | 19.40 |
| Operating Income | (1.05) | (1.64) | (2.28) | (2.39) | (2.51) | 2.95 | (7.59) | (2.57) | (1.24) | (0.84) | (1.50) | (3.32) | (5.64) | (4.54) | 18.59 | (5.20) | (7.48) | (7.74) | (13.45) | (23.08) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.60 | 0.38 | 0.46 |
| Pretax Income | (1.12) | (1.83) | (3.53) | (2.44) | (2.62) | 3.01 | (7.18) | (1.08) | (0.60) | (0.83) | (1.49) | (5.26) | (5.76) | (4.41) | 18.61 | (5.16) | (7.47) | (8.35) | (13.82) | -- |
| Tax Provision | 0.00 | 0.00 | (0.63) | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (1.12) | (1.83) | (2.90) | (2.44) | (2.62) | 3.01 | (7.18) | (1.09) | (0.60) | (0.83) | (1.49) | (5.26) | (5.76) | (4.41) | 18.40 | (5.16) | (7.47) | (8.35) | (13.82) | (23.53) |
| Basic EPS | (0.18) | (0.29) | (0.48) | (0.39) | (0.41) | 0.49 | (4.01) | (0.57) | (0.07) | (0.10) | (0.12) | (0.61) | (0.68) | (0.70) | 2.21 | (1.04) | (1.66) | (0.07) | (0.15) | (0.27) |
| Diluted EPS | (0.18) | (0.29) | (0.48) | (0.39) | (0.41) | 0.49 | (4.01) | (0.57) | (0.07) | (0.10) | (0.12) | (0.61) | (0.68) | (0.70) | 2.21 | (1.04) | (1.66) | (0.07) | (0.15) | (0.27) |
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 | (0.89) | (1.14) | (1.15) | (3.53) | (2.28) | (1.60) | (0.84) | (0.45) | (1.17) | (0.45) | (0.82) | (1.41) | (4.81) | (3.32) | (7.28) | (6.55) | (9.08) | (12.76) | (13.80) | 4.86 |
| Capital Expenditures | 0.00 | -- | (0.21) | (0.11) | 0.32 | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.35 | 0.06 |
| Free Cash Flow* | (0.89) | -- | (0.93) | (3.42) | (2.60) | -- | -- | -- | -- | -- | (0.82) | (1.41) | (4.81) | (3.32) | (7.28) | (6.55) | (9.08) | (12.76) | (14.14) | 4.80 |
| Investing Cash Flow | 0.00 | 0.00 | 0.46 | 0.11 | (0.28) | (2.09) | 0.00 | 0.00 | 0.00 | 0.00 | 0.71 | 0.00 | (1.89) | 0.11 | 0.21 | 1.00 | 1.50 | 2.00 | 4.11 | 4.44 |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.60 | 12.40 | 0.00 | 1.00 | 0.00 | -0.00 | -0.00 | (0.92) | 4.60 | 0.00 | -0.00 | 4.89 | (7.99) | 0.45 | (0.01) |
* Derived from reported values
