Financial Statements — AAQL
Balance Sheet
(in millions USD)| Metric | Q3 2026 | 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 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 0.94 | 0.46 | 0.41 | 0.20 | 0.04 | 0.12 | 0.13 | 0.06 | 0.03 | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 | 0.00 | 0.03 | 0.05 |
| Accounts Receivable | -- | 0.47 | 0.28 | 0.02 | 0.03 | 0.11 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 0.10 | 0.07 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 1.27 | 1.22 | 1.02 | 0.66 | 0.17 | 0.33 | 0.18 | 0.08 | 0.04 | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 | 0.05 | 0.08 | 0.10 |
| Property, Plant & Equipment | 0.16 | 0.20 | 0.08 | 0.15 | 0.19 | 0.22 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Intangible Assets | 0.01 | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.54 | 0.68 | 0.65 | 0.92 | 0.63 | 0.72 | 0.82 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 1.81 | 1.90 | 1.67 | 1.58 | 0.80 | 1.05 | 1.00 | 0.08 | 0.04 | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 | 0.05 | 0.08 | 0.10 |
| Accounts Payable | 0.24 | 0.17 | 0.06 | 0.07 | 0.07 | 0.10 | 0.02 | 0.01 | -- | 0.00 | -- | -- | 0.01 | -- | -- | -- | -- |
| Total Current Liabilities | 1.38 | 1.20 | 0.91 | 0.37 | 1.16 | 1.10 | 0.73 | 0.14 | 0.07 | 0.08 | 0.07 | 0.07 | 0.01 | 0.00 | 0.07 | 0.01 | -- |
| Total Non-current Liabilities* | 0.73 | 2.04 | 2.03 | 2.16 | 0.48 | 0.57 | 0.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.07 | 0.00 | 0.07 | 0.07 |
| Total Liabilities | 2.11 | 3.24 | 2.94 | 2.52 | 1.64 | 1.68 | 1.15 | 0.14 | 0.07 | 0.08 | 0.07 | 0.07 | 0.06 | 0.08 | 0.07 | 0.08 | 0.07 |
| Retained Earnings | (1.88) | (1.60) | (1.54) | (1.23) | (1.10) | (0.90) | (0.43) | (0.33) | (0.31) | (0.27) | (0.26) | (0.26) | (0.24) | (0.22) | (0.21) | (0.19) | (0.16) |
| Total Stockholder Equity | (0.30) | (1.34) | (1.27) | (0.95) | (0.84) | (0.62) | (0.15) | (0.06) | (0.03) | (0.08) | (0.07) | (0.07) | (0.05) | (0.03) | (0.02) | 0.00 | 0.03 |
* Derived from reported values
Income Statement
(in thousands USD) (except per-share rows)| Metric | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 12.49 | 340.29 | 390.16 | 291.44 | 288.18 | 154.47 | 173.17 | 202.07 | 0.00 | 6.30 | 0.00 | 1.20 | 1.20 | 4.00 | 6.00 | 2.40 | 2.40 | 1.40 | 1.80 | 1.80 |
| Cost of Revenue* | 73.49 | 136.38 | 65.69 | 56.71 | 369.68 | 5.16 | 14.37 | 0.17 | 0.01 | 0.76 | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.60 | 0.00 |
| Gross Profit | (60.99) | 203.91 | 324.47 | 234.73 | (81.50) | 149.31 | 158.80 | 201.90 | (0.01) | 5.54 | -- | 1.20 | 1.20 | 4.00 | 6.00 | 2.40 | 2.40 | 0.90 | 1.20 | 1.80 |
| Selling, General & Admin | 270.50 | 400.92 | 345.05 | 360.32 | 235.15 | 283.99 | 256.30 | 284.90 | 201.26 | 91.95 | 24.38 | 30.93 | 8.43 | 10.77 | 7.52 | 23.51 | 6.06 | 20.21 | 8.83 | 16.21 |
| Total Operating Expenses* | 312.74 | 476.15 | 375.70 | 372.94 | 97.95 | 348.13 | 356.57 | 415.84 | 261.81 | 102.63 | 24.38 | 30.93 | 8.43 | 10.77 | 7.52 | 23.51 | 6.06 | 20.21 | 8.83 | 16.21 |
| Operating Income | (373.74) | (272.24) | (51.22) | (138.20) | (179.44) | (198.81) | (197.77) | (213.93) | (261.82) | (97.09) | (24.38) | (29.73) | (7.23) | (6.77) | (1.52) | (21.10) | (3.66) | -- | -- | (14.41) |
| Pretax Income | (370.35) | (272.11) | (51.15) | (127.37) | (179.60) | (129.15) | (197.75) | (213.91) | (261.78) | (97.09) | (24.38) | (29.73) | (7.23) | (6.77) | (1.52) | (21.10) | (3.66) | -- | -- | -- |
| Tax Provision | 0.16 | 0.06 | 10.45 | 6.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (370.51) | (272.17) | (61.60) | (133.37) | (179.60) | (129.15) | (197.75) | (213.91) | (261.78) | (97.09) | (24.38) | (29.73) | (7.23) | (6.77) | (1.52) | (21.10) | (3.66) | (19.31) | (6.93) | (13.54) |
| Basic EPS | -- | (0.01) | -0.00 | -0.00 | (0.01) | -0.00 | (0.01) | (0.01) | 0.00 | (0.01) | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- |
| Diluted EPS | -- | (0.01) | -0.00 | -0.00 | (0.01) | -0.00 | (0.01) | (0.01) | 0.00 | (0.01) | 0.00 | -0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in thousands USD)| Metric | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (425.56) | 346.35 | 92.93 | (184.74) | (332.84) | (344.29) | (9.36) | (213.79) | (135.01) | (453.75) | (32.47) | (28.19) | (7.55) | (5.80) | (10.04) | (14.83) | (4.65) | (15.68) | (4.60) | (16.21) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.95 | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (15.68) | (5.55) | -- |
| Investing Cash Flow | (0.02) | 2.92 | (164.25) | (1.09) | (18.51) | (0.01) | (15.18) | (29.64) | (70.85) | (153.40) | -- | -- | -- | -- | -- | -- | (1.57) | 0.00 | 51.49 | -- |
| Financing Cash Flow | 0.00 | 120.00 | 120.00 | 220.00 | 518.77 | 510.52 | (61.06) | 199.80 | 247.67 | 677.07 | 53.18 | 62.16 | 7.00 | 5.40 | 9.90 | 2.00 | 5.00 | (17.00) | -- | -- |
* Derived from reported values