Financial Statements — XPL
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.51 | 0.17 | 0.60 | 0.43 | 0.19 | 0.09 | 0.18 | 0.17 | 0.50 | 0.44 | 0.24 | 0.35 | 0.35 | 0.55 | 0.41 | 1.40 |
| Short-term Investments | 0.08 | 0.24 | 1.22 | 8.82 | 1.44 | 1.44 | 1.44 | 3.96 | 2.08 | 3.16 | 4.90 | 5.87 | 6.61 | 3.88 | 5.25 | 4.84 |
| Total Current Assets | 9.23 | 8.85 | 8.37 | 9.65 | 5.93 | 7.98 | 9.66 | 5.28 | 3.99 | 4.91 | 6.13 | 7.24 | 8.69 | 6.05 | 6.96 | 7.70 |
| Total Non-current Assets* | 17.01 | 17.01 | 17.00 | 17.02 | 17.03 | 16.93 | 16.95 | 16.83 | 16.85 | 16.76 | 16.84 | 16.48 | 16.45 | 16.30 | 16.19 | -- |
| Total Assets | 26.24 | 25.86 | 25.37 | 26.66 | 22.97 | 24.92 | 26.61 | 22.11 | 20.84 | 21.67 | 22.97 | 23.72 | 25.14 | 22.35 | 23.15 | -- |
| Accounts Payable | 0.65 | 0.27 | 0.47 | 0.46 | 0.22 | 0.64 | 0.25 | 0.30 | 0.24 | 0.19 | 0.57 | 0.49 | 0.23 | 0.22 | 0.44 | 0.14 |
| Total Current Liabilities | 0.65 | 0.27 | 0.49 | 0.49 | 0.53 | 0.76 | 0.35 | 0.33 | 0.27 | 0.21 | 0.61 | 0.53 | 0.27 | 0.25 | 0.47 | 0.18 |
| Total Non-current Liabilities | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.16 | 0.15 | 0.19 | 0.20 | 0.13 | 0.13 | 0.14 | 0.15 | 0.17 | 0.18 | 0.19 |
| Total Liabilities* | 0.80 | 0.42 | 0.63 | 0.64 | 0.68 | 0.93 | 0.51 | 0.51 | 0.47 | 0.34 | 0.74 | 0.67 | 0.42 | 0.42 | 0.66 | -- |
| Retained Earnings | (69.17) | (67.34) | (66.33) | (64.46) | (63.52) | (61.41) | (59.13) | (56.60) | (55.31) | (54.27) | (53.22) | (52.16) | (50.47) | (49.49) | (48.79) | (48.12) |
| Total Stockholder Equity | 25.45 | 25.44 | 24.74 | 26.03 | 22.29 | 23.99 | 26.11 | 21.60 | 20.37 | 21.33 | 22.24 | 23.05 | 24.72 | 21.93 | 22.49 | 23.17 |
* 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 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Selling, General & Admin | 0.45 | 0.38 | 0.31 | 0.38 | 0.39 | 0.49 | 0.37 | 0.38 | 0.66 | 0.64 | 0.28 | 0.32 | 0.48 | 0.26 | 0.44 | 0.28 | 0.39 | 0.21 | 0.21 | 0.26 |
| Total Operating Expenses | 1.96 | 0.56 | 0.60 | 2.03 | 1.07 | 0.74 | 1.61 | 2.46 | 1.15 | 1.27 | 1.21 | 0.88 | 0.76 | 0.72 | 1.10 | 1.24 | 0.62 | 0.59 | 0.67 | 0.50 |
| Net Income | (1.83) | (0.49) | (0.51) | (1.87) | (0.94) | (0.51) | (1.60) | (2.28) | (0.76) | (1.04) | (1.29) | (1.04) | (0.38) | (0.67) | (1.06) | (1.69) | (0.51) | (0.47) | (0.70) | (0.67) |
| Basic EPS | -- | -- | -- | -- | -- | -- | (0.02) | (0.03) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.01) |
| Diluted EPS | (0.02) | (0.01) | 0.00 | (0.02) | (0.01) | (0.01) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.01) |
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 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (1.37) | (0.47) | (0.51) | (1.66) | (0.80) | (0.60) | (1.75) | (1.78) | (1.57) | (0.58) | (0.92) | (1.08) | (0.68) | (0.95) | (0.68) | (0.67) | (0.60) | (0.43) | (0.99) | (0.35) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.92) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.01) | (0.64) | 0.05 | 1.37 | (3.75) | 0.55 | 1.87 | 1.65 | 0.41 | (4.46) | (1.88) | 1.12 | 0.81 | 1.01 | 0.57 | 0.68 | (1.56) | (1.36) | 1.10 | (0.67) |
| Financing Cash Flow | 1.74 | 1.20 | 0.17 | 0.47 | 4.56 | 0.16 | 0.00 | 0.04 | 1.23 | 5.08 | 2.47 | 0.01 | -- | 0.01 | 0.00 | 0.00 | 2.04 | 1.70 | 0.04 | 0.02 |
* Derived from reported values
