Financial Statements — XGN
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 | 24.59 | 21.51 | 35.65 | 30.03 | 11.19 | 22.04 | 24.48 | 27.27 | 28.45 | 31.47 | 52.18 | 68.70 | 76.39 | 89.75 | 106.77 | 112.58 | 118.05 |
| Accounts Receivable | 12.41 | 15.77 | 11.09 | 14.27 | 14.73 | 9.39 | 11.70 | 10.90 | 17.04 | 16.24 | 9.30 | 10.64 | 8.72 | 10.91 | 9.21 | 8.78 | 8.22 |
| Total Current Assets | 42.86 | 43.58 | 52.59 | 50.99 | 32.51 | 35.56 | 40.79 | 42.40 | 48.91 | 51.27 | 65.72 | 82.06 | 88.16 | 103.64 | 118.38 | 124.53 | 129.37 |
| Property, Plant & Equipment | 6.57 | 6.61 | 7.49 | 4.58 | 5.03 | 4.86 | 5.15 | 4.78 | 7.21 | 7.88 | 8.26 | 8.33 | 7.22 | 6.57 | 3.45 | 3.05 | 2.38 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 |
| Total Non-current Assets* | 9.08 | 8.37 | 10.23 | 7.77 | 7.79 | 8.05 | 8.51 | 8.41 | 12.02 | 12.91 | 13.52 | 19.54 | 18.68 | 18.41 | 9.39 | 8.80 | 8.15 |
| Total Assets | 51.94 | 51.96 | 62.82 | 58.76 | 40.29 | 43.61 | 49.31 | 50.81 | 60.93 | 64.18 | 79.23 | 101.60 | 106.85 | 122.04 | 127.77 | 133.32 | 137.52 |
| Accounts Payable | 4.44 | 4.16 | 3.56 | 2.51 | 4.51 | 1.11 | 2.33 | 1.47 | 1.66 | 1.31 | 1.88 | 3.67 | 3.11 | 4.21 | 1.51 | 2.45 | 2.17 |
| Total Current Liabilities | 13.46 | 12.56 | 12.89 | 10.30 | 14.00 | 8.78 | 9.45 | 8.78 | 10.12 | 8.60 | 9.27 | 11.33 | 10.05 | 11.88 | 8.10 | 8.27 | 7.88 |
| Long-term Debt | 22.84 | 22.87 | 22.94 | 22.98 | 20.94 | 20.25 | 20.25 | 19.54 | 19.45 | 19.41 | 29.35 | 28.01 | 27.83 | 27.65 | 27.29 | 27.07 | 26.86 |
| Total Non-current Liabilities* | 26.26 | 24.96 | 31.80 | 27.43 | 19.90 | 21.96 | 22.28 | 22.03 | 23.31 | 23.67 | 34.03 | 34.08 | 33.97 | 34.00 | 28.87 | 28.68 | 28.17 |
| Total Liabilities | 39.72 | 37.53 | 44.69 | 37.73 | 33.89 | 30.74 | 31.72 | 30.82 | 33.42 | 32.28 | 43.30 | 45.41 | 44.03 | 45.89 | 36.97 | 36.94 | 36.05 |
| Retained Earnings | (321.44) | (318.25) | (309.61) | (302.52) | (298.08) | (290.57) | (285.54) | (282.58) | (273.64) | (268.23) | (263.21) | (241.17) | (233.08) | (218.41) | (201.09) | (193.91) | (187.50) |
| Total Stockholder Equity* | 12.22 | 14.43 | 18.14 | 21.03 | 6.40 | 12.87 | 17.59 | 19.99 | 27.50 | 31.90 | 35.94 | 56.19 | 62.82 | 76.16 | 90.80 | 96.38 | 101.47 |
* 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 | 19.94 | 17.31 | 16.63 | 17.24 | 17.20 | 15.50 | 13.66 | 12.51 | 15.06 | 14.42 | 13.77 | 13.42 | 14.14 | 11.23 | 12.84 | 14.73 | 7.61 | 10.39 | 12.69 | 12.25 |
| Cost of Revenue | 7.72 | 7.10 | 7.43 | 7.17 | 6.81 | 6.38 | 5.18 | 5.53 | 6.01 | 5.82 | 5.62 | 5.71 | 5.84 | 5.93 | 6.31 | 6.01 | 6.08 | 5.82 | 4.94 | 5.49 |
| Gross Profit* | 12.22 | 10.21 | 9.21 | 10.07 | 10.40 | 9.12 | 8.48 | 6.98 | 9.06 | 8.60 | 8.15 | 7.71 | 8.30 | 5.30 | 6.53 | 8.72 | 1.53 | 4.58 | 7.75 | 6.76 |
| Research & Development | 1.43 | 1.55 | 1.76 | 1.73 | 1.48 | 1.28 | 1.66 | 1.48 | 1.18 | 1.06 | 1.08 | 1.40 | 1.26 | 1.13 | 2.70 | 2.38 | 2.69 | 2.10 | 2.20 | 1.74 |
| Selling, General & Admin | 12.51 | 12.07 | 12.42 | 11.45 | 11.54 | 11.20 | 10.20 | 10.16 | 10.46 | 10.54 | 12.22 | 11.38 | 11.95 | 11.88 | 12.81 | 14.15 | 12.90 | 12.15 | 11.80 | 11.53 |
| Total Operating Expenses* | 13.94 | 13.62 | 14.18 | 13.18 | 13.03 | 12.49 | 11.86 | 11.64 | 23.24 | 11.60 | 13.29 | 12.78 | 13.22 | 13.01 | 21.02 | 16.53 | 15.59 | 14.26 | 14.00 | 13.27 |
| Operating Income | (1.72) | (3.41) | (4.97) | (3.10) | (2.63) | (3.36) | (3.38) | (4.66) | (2.59) | (3.00) | (5.15) | (5.07) | (4.91) | (7.71) | (14.49) | (7.82) | (14.06) | (9.68) | (6.25) | (6.50) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.55 | 0.57 | 0.56 | 0.57 | 0.64 | 0.63 | 0.62 | 0.61 | 0.60 | 0.64 | 0.68 |
| Pretax Income* | (3.20) | (3.93) | (4.66) | (7.09) | (4.40) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (6.88) | (7.18) |
| Tax Provision | 0.00 | 0.04 | 0.01 | 0.00 | 0.04 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.18 | 0.00 |
| Net Income | (3.20) | (3.97) | (4.67) | (7.09) | (4.44) | (3.75) | (3.76) | (5.03) | (2.97) | (3.36) | (5.57) | (5.41) | (5.01) | (7.69) | (14.35) | (8.10) | (14.66) | -- | (7.05) | (7.18) |
| Basic EPS | (0.13) | (0.17) | (0.21) | (0.31) | (0.21) | (0.20) | (0.20) | (0.28) | (0.16) | (0.19) | (0.31) | (0.31) | (0.28) | (0.44) | (0.92) | (0.47) | (0.86) | (0.60) | (0.41) | (0.42) |
| Diluted EPS | (0.13) | (0.17) | (0.21) | (0.31) | (0.21) | (0.20) | (0.20) | (0.28) | (0.16) | (0.19) | (0.31) | (0.31) | (0.28) | (0.44) | (0.92) | (0.47) | (0.86) | (0.60) | (0.41) | (0.42) |
* Derived from reported values
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 | 3.99 | (10.42) | (3.01) | 2.94 | (2.88) | (10.67) | 0.36 | (2.18) | (2.43) | (9.04) | 8.35 | (2.91) | (10.15) | (9.75) | (5.73) | (6.68) | (11.15) | (8.57) | (6.05) | (5.46) |
| Capital Expenditures | 0.54 | 0.23 | 0.04 | 0.28 | 0.21 | 0.11 | 0.15 | 0.15 | 0.14 | 0.09 | 0.11 | 0.00 | 0.32 | 0.40 | 0.41 | 0.88 | 1.95 | 1.09 | 1.06 | 0.43 |
| Free Cash Flow* | 3.45 | (10.64) | (3.06) | 2.67 | (3.09) | (10.78) | 0.22 | (2.32) | (2.56) | (9.13) | 8.24 | (2.91) | (10.48) | (10.14) | (6.14) | (7.56) | (13.10) | (9.66) | (7.11) | (5.88) |
| Investing Cash Flow | (0.54) | (0.23) | (0.04) | (0.28) | (0.21) | (0.11) | (0.15) | (0.15) | (0.14) | (0.09) | (0.08) | -0.00 | (0.32) | (0.40) | (0.41) | (0.88) | (1.95) | (1.09) | (1.06) | (0.47) |
| Financing Cash Flow | (0.37) | (0.06) | (0.38) | 2.95 | 21.93 | (0.06) | (0.22) | (0.12) | (0.23) | (0.10) | (0.22) | (0.11) | (10.24) | (0.06) | (0.17) | (0.02) | (0.26) | (0.03) | (0.21) | 0.13 |
* Derived from reported values