Financial Statements — ZNB
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Cash & Equivalents | 0.13 | 0.26 | 1.29 | 7.88 | 0.38 |
| Accounts Receivable | 0.37 | -- | 0.63 | -- | -- |
| Inventory | -- | -- | -- | 0.26 | -- |
| Total Current Assets | 15.28 | 10.63 | 24.80 | 26.24 | 4.34 |
| Property, Plant & Equipment | 0.00 | 0.01 | 0.02 | 8.34 | 10.10 |
| Intangible Assets | 17.01 | 19.39 | 22.86 | 14.66 | 4.65 |
| Total Non-current Assets* | 0.06 | 19.56 | 22.88 | 75.00 | 14.75 |
| Total Assets | 15.34 | 30.19 | 47.68 | 101.23 | 19.09 |
| Accounts Payable | 3.27 | 3.27 | 3.27 | -- | -- |
| Total Current Liabilities | 9.48 | 7.76 | 4.62 | 2.17 | 0.47 |
| Total Non-current Liabilities* | 0.01 | 0.06 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 9.48 | 7.82 | 4.62 | 2.17 | 0.47 |
| Retained Earnings | (234.90) | (206.34) | (159.55) | (70.70) | (66.90) |
| Total Stockholder Equity | 5.86 | 22.36 | 43.06 | 99.07 | 18.63 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Total Revenue | -- | 1.06 | -- | 1.26 | 2.33 |
| Cost of Revenue | -- | 0.79 | -- | 2.63 | 1.94 |
| Gross Profit | -- | 0.27 | -- | 6.80 | 0.39 |
| Research & Development | -- | -- | 0.12 | 0.19 | 0.45 |
| Selling, General & Admin | 3.90 | 3.63 | 9.90 | 4.43 | 2.68 |
| Total Operating Expenses | -- | 21.61 | -- | 8.04 | 5.39 |
| Operating Income | (20.94) | (21.34) | (12.18) | (1.24) | (5.00) |
| Pretax Income | (22.82) | (21.12) | -- | -- | (4.97) |
| Tax Provision | -- | -- | 12.18 | 0.54 | -- |
| Net Income | (22.82) | (21.12) | (12.18) | (0.54) | (4.97) |
| Basic EPS | (197.12) | (6.88) | (648.80) | 0.00 | (0.88) |
| Diluted EPS | (197.12) | (6.88) | (648.80) | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 | Q2
2022 | Q2
2021 |
|---|
| Operating Cash Flow | (1.77) | (2.51) | (6.41) | (7.01) | (4.67) |
| Capital Expenditures | -- | -- | -- | 0.04 | 2.00 |
| Free Cash Flow* | -- | -- | -- | (7.05) | (6.67) |
| Investing Cash Flow | (4.00) | -- | -- | (4.79) | (6.86) |
| Financing Cash Flow | 5.88 | 2.53 | 6.84 | 19.49 | 10.93 |
* Derived from reported values
