Financial Statements — XTNT
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 | 9.87 | 12.14 | 10.40 | 6.92 | 5.03 | 6.60 | 5.38 | 4.55 | 8.66 | 4.14 | 5.18 | 17.36 | 16.50 | 16.85 | 18.18 | 20.31 | 18.64 |
| Accounts Receivable | 19.42 | 17.18 | 25.52 | 26.95 | 23.48 | 20.55 | 21.19 | 21.48 | 19.15 | 13.74 | 11.90 | 9.84 | 8.60 | 7.55 | 6.32 | 6.99 | 7.03 |
| Inventory | 33.29 | 31.88 | 40.71 | 40.14 | 38.81 | 41.89 | 40.51 | 38.72 | 34.33 | 20.36 | 18.52 | 16.99 | 16.46 | 17.30 | 19.71 | 21.09 | 21.64 |
| Total Current Assets | 64.78 | 62.62 | 78.33 | 75.59 | 69.14 | 71.41 | 68.97 | 66.54 | 64.11 | 39.57 | 36.59 | 45.11 | 42.33 | 42.76 | 45.59 | 49.43 | 48.48 |
| Property, Plant & Equipment | 5.54 | 5.85 | 10.01 | 10.45 | 10.73 | 10.28 | 8.84 | 8.87 | 9.10 | 6.88 | 6.83 | 5.67 | 5.53 | 5.41 | 4.97 | 4.87 | 4.67 |
| Goodwill | 6.07 | 6.07 | 7.30 | 7.30 | 7.30 | 7.30 | 7.30 | 7.30 | 6.51 | 6.51 | 7.64 | 3.21 | 3.21 | 3.21 | 3.21 | 3.21 | 3.21 |
| Intangible Assets | 0.25 | 0.28 | 7.06 | 7.49 | 7.92 | 8.79 | 9.22 | 9.65 | 10.49 | 10.92 | 10.81 | 0.36 | 0.37 | 0.39 | 0.41 | 0.43 | 0.44 |
| Total Non-current Assets* | 14.89 | 15.38 | 27.99 | 27.89 | 26.69 | 27.47 | 26.61 | 27.39 | 27.90 | 25.65 | 26.73 | 10.94 | 10.38 | 10.41 | 10.20 | 10.24 | 10.22 |
| Total Assets | 79.67 | 78.00 | 106.32 | 103.48 | 95.83 | 98.88 | 95.58 | 93.93 | 92.00 | 65.22 | 63.32 | 56.05 | 52.71 | 53.17 | 55.79 | 59.68 | 58.70 |
| Accounts Payable | 6.15 | 5.49 | 6.86 | 7.22 | 7.12 | 8.30 | 6.88 | 7.38 | 5.36 | 4.44 | 3.42 | 3.78 | 3.04 | 2.77 | 2.36 | 2.64 | 2.49 |
| Total Current Liabilities | 29.96 | 18.77 | 35.50 | 30.60 | 29.58 | 33.67 | 28.31 | 28.44 | 21.92 | 16.99 | 17.28 | 11.36 | 11.86 | 11.23 | 10.40 | 12.92 | 24.01 |
| Long-term Debt | 7.29 | 8.10 | 17.40 | 22.28 | 22.17 | 19.14 | 21.77 | 16.83 | 14.35 | 16.40 | 12.32 | 10.63 | 11.90 | 11.84 | 11.68 | 11.68 | -- |
| Total Non-current Liabilities* | 9.69 | 10.63 | 20.43 | 24.38 | 22.38 | 19.49 | 22.26 | 17.81 | 15.40 | 17.27 | 13.33 | 11.92 | 12.71 | 12.66 | 12.75 | 12.88 | 1.32 |
| Total Liabilities | 39.65 | 29.40 | 55.94 | 54.98 | 51.96 | 53.16 | 50.57 | 46.25 | 37.32 | 34.26 | 30.61 | 23.28 | 24.57 | 23.89 | 23.15 | 25.79 | 25.33 |
| Retained Earnings | (266.99) | (257.57) | (254.54) | (255.85) | (259.40) | (256.29) | (251.27) | (247.41) | (238.71) | (247.94) | (245.75) | (241.46) | (239.11) | (237.40) | (232.90) | (231.10) | (230.36) |
| Total Stockholder Equity | 40.02 | 48.60 | 50.38 | 48.50 | 43.88 | 45.73 | 45.01 | 47.68 | 54.68 | 30.96 | 32.71 | 32.77 | 28.14 | 29.28 | 32.64 | 33.88 | 33.37 |
* 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 | 23.03 | 20.88 | 32.36 | 33.26 | 35.41 | 32.90 | 31.51 | 27.94 | 29.94 | 27.87 | 28.11 | 25.02 | 20.23 | 17.94 | 15.27 | 14.46 | 15.28 | 12.96 | 13.97 | 13.78 |
| Cost of Revenue | 9.70 | 8.91 | 14.60 | 11.26 | 11.13 | 12.66 | 15.49 | 11.63 | 11.36 | 10.57 | 10.97 | 9.69 | 7.77 | 7.41 | 6.96 | 6.57 | 6.90 | 5.40 | 6.28 | 6.59 |
| Gross Profit | 13.33 | 11.97 | 17.75 | 21.99 | 24.28 | 20.24 | 16.02 | 16.31 | 18.58 | 17.30 | 17.14 | 15.33 | 12.46 | 10.54 | 8.31 | 7.90 | 8.37 | 7.56 | 7.69 | 7.19 |
| Research & Development | 0.70 | 0.44 | 0.46 | 0.63 | 0.57 | 0.44 | 0.52 | 0.70 | 0.64 | 0.53 | 0.49 | 0.49 | 0.18 | 0.17 | 0.23 | 0.23 | 0.24 | 0.21 | 0.15 | 0.26 |
| Selling, General & Admin | 6.44 | 6.27 | 7.29 | 7.07 | 7.48 | 7.53 | 5.70 | 7.49 | 7.71 | 7.79 | 8.87 | 7.14 | 4.95 | 4.88 | 3.97 | 3.73 | 3.80 | 3.97 | 4.14 | 3.11 |
| Total Operating Expenses | 22.50 | 14.89 | 18.70 | 19.45 | 19.66 | 19.18 | 17.91 | 20.08 | 21.53 | 20.77 | 20.94 | 18.72 | 13.85 | 12.11 | 10.03 | 9.80 | 9.67 | 9.39 | 9.61 | 8.64 |
| Operating Income | (9.17) | (2.92) | (0.94) | 2.54 | 4.62 | 1.06 | (1.88) | (3.78) | (2.95) | (3.47) | (3.81) | (3.38) | (1.39) | (1.58) | (1.72) | (1.90) | (1.30) | (1.83) | (1.91) | (1.44) |
| Interest Expense | 0.54 | 0.60 | -- | -- | 1.00 | 1.05 | -- | -- | -- | 0.84 | 0.82 | 0.76 | 0.79 | 0.57 | 0.50 | 0.44 | 0.40 | 0.36 | 0.47 | 0.33 |
| Pretax Income | (9.34) | (3.06) | 1.60 | 1.57 | 3.81 | 0.03 | (3.14) | (4.96) | (3.82) | (4.33) | (3.73) | 6.93 | (2.18) | (2.06) | (2.19) | (2.34) | (1.70) | (2.19) | (2.38) | (1.77) |
| Tax Provision | 0.07 | 0.03 | 1.54 | 0.26 | 0.26 | (0.02) | 0.02 | 0.06 | 0.04 | 0.07 | 0.58 | (2.30) | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | -- | 0.03 |
| Net Income | (9.41) | (3.09) | 0.06 | 1.31 | 3.55 | 0.06 | (3.16) | (5.02) | (3.86) | (4.40) | (4.30) | 9.23 | (2.19) | (2.08) | (2.21) | (2.35) | (1.71) | (2.21) | (2.28) | (1.80) |
| Basic EPS | (0.07) | (0.02) | 0.00 | 0.01 | 0.03 | 0.00 | (0.02) | (0.04) | (0.03) | (0.03) | (0.02) | 0.07 | (0.02) | (0.02) | (0.01) | (0.03) | (0.02) | (0.03) | (0.03) | (0.02) |
| Diluted EPS | (0.07) | (0.02) | 0.00 | 0.01 | 0.02 | 0.00 | (0.02) | (0.04) | (0.03) | (0.03) | (0.02) | 0.07 | (0.02) | (0.02) | (0.01) | (0.03) | (0.02) | (0.03) | (0.03) | (0.02) |
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 | (7.31) | (2.11) | 5.38 | 4.61 | 1.28 | 1.28 | 0.67 | (1.72) | (5.09) | (5.75) | (0.91) | (3.83) | (2.52) | (2.24) | (2.29) | (2.06) | 0.02 | (1.00) | 0.42 | (0.93) |
| Capital Expenditures | 0.25 | 0.19 | 0.40 | 0.43 | 0.37 | 1.19 | 0.67 | 2.10 | 0.56 | 0.77 | 0.36 | 0.22 | 0.41 | 0.46 | 0.44 | 0.51 | 0.33 | 0.48 | 0.63 | 0.41 |
| Free Cash Flow* | (7.55) | (2.31) | 4.99 | 4.18 | 0.91 | 0.09 | (0.01) | (3.82) | (5.65) | (6.53) | (1.28) | (4.06) | (2.93) | (2.70) | (2.73) | (2.57) | (0.31) | (1.49) | (0.20) | (1.34) |
| Investing Cash Flow | (5.19) | 10.22 | 4.68 | 4.68 | (0.32) | (1.14) | (0.57) | (2.01) | (0.48) | (0.67) | (2.31) | (4.66) | (0.39) | (17.42) | (0.42) | (0.49) | (0.25) | (0.39) | (0.59) | (0.34) |
| Financing Cash Flow | 10.56 | (13.27) | (3.54) | (5.77) | 0.66 | (0.92) | (0.85) | 5.31 | 6.43 | 5.18 | 0.33 | 12.84 | 1.95 | 4.57 | 5.61 | 3.31 | 0.12 | (0.02) | (0.05) | (0.65) |
* Derived from reported values
