Financial Statements — ABAT
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 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 37.70 | 47.90 | 30.90 | 7.80 | 20.60 | 5.80 | 6.00 | 7.65 | 5.38 | 12.58 | 11.44 | 20.87 | 36.32 | 42.54 | 6.95 | 0.40 | 45.91 |
| Accounts Receivable | 7.77 | 4.17 | 1.20 | 1.05 | 0.32 | 0.17 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 0.85 | 0.28 | 0.10 | 0.25 | 0.57 | 0.26 | 0.62 | 0.61 | 0.37 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 53.42 | 63.05 | 41.52 | 23.29 | 30.48 | 15.48 | 10.35 | 11.57 | 8.41 | 14.43 | 13.70 | 21.75 | 36.77 | 44.37 | 7.44 | 0.61 | 47.70 |
| Property, Plant & Equipment | 55.23 | 50.39 | 50.53 | 43.69 | 44.53 | 45.42 | 65.59 | 63.95 | 61.02 | 24.67 | 21.73 | 19.98 | 15.74 | 11.75 | 1.16 | 0.96 | 8.70 |
| Intangible Assets | 0.87 | 0.77 | 0.77 | 0.77 | 4.52 | 4.52 | 4.58 | 4.59 | 4.60 | 3.85 | 3.85 | 3.85 | 3.82 | 3.82 | 0.82 | -- | 3.82 |
| Total Non-current Assets* | 66.01 | 60.29 | 59.96 | 53.17 | 57.80 | 58.35 | 78.91 | 77.30 | 75.54 | 42.93 | 33.93 | 32.05 | 19.83 | 15.86 | 2.01 | 1.00 | 12.51 |
| Total Assets | 119.43 | 123.34 | 101.47 | 76.46 | 88.29 | 73.83 | 89.26 | 88.87 | 83.95 | 57.36 | 47.63 | 53.80 | 56.60 | 60.23 | 9.45 | 1.61 | 60.21 |
| Accounts Payable | 6.45 | 4.11 | 5.20 | 3.77 | 7.17 | 7.40 | 6.26 | 6.02 | 5.80 | 3.34 | 1.59 | 6.33 | 3.53 | 4.46 | 0.64 | 0.45 | 2.24 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | 0.01 |
| Total Current Liabilities | 6.58 | 4.24 | 5.32 | 10.63 | 17.44 | 9.96 | 17.01 | 22.30 | 23.04 | 3.34 | 1.59 | 6.33 | 3.73 | 4.66 | 0.84 | 7.85 | 2.45 |
| Long-term Debt | -- | -- | -- | -- | 2.10 | -- | 12.48 | 19.68 | 18.93 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.09 | 0.13 | 0.16 | 0.22 | 0.25 | 4.52 | 2.18 | 0.00 | 1.71 | 0.09 | 0.12 | 0.15 | 0.20 | 0.23 | 0.26 | 0.30 | 2.58 |
| Total Liabilities | 6.67 | 4.36 | 5.47 | 10.85 | 17.69 | 14.49 | 19.19 | 22.30 | 24.75 | 3.42 | 1.71 | 6.48 | 3.94 | 4.89 | 1.10 | 8.15 | 5.02 |
| Retained Earnings | (313.51) | (279.67) | (270.39) | (249.92) | (238.42) | (225.02) | (189.89) | (176.50) | (167.21) | (152.87) | (147.27) | (141.07) | (131.78) | (129.15) | (99.40) | (94.41) | (125.06) |
| Total Stockholder Equity | 112.75 | 118.98 | 96.00 | 65.61 | 70.60 | 59.34 | 70.07 | 66.57 | 59.20 | 53.94 | 45.92 | 47.32 | 52.66 | 55.34 | 8.36 | (6.54) | 57.77 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 7.81 | 4.76 | 0.94 | 2.78 | 0.98 | 0.33 | 0.20 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue* | 7.07 | 6.36 | 4.45 | 5.35 | 3.67 | 3.31 | 2.54 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.74 | (1.60) | (3.52) | (2.57) | (2.69) | (2.97) | (2.34) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 4.64 | 3.82 | 2.70 | 0.27 | 3.25 | 2.92 | 2.03 | 5.07 | 3.95 | 3.15 | 2.16 | 4.24 | 1.51 | 1.74 | 0.22 | 0.34 | -- | -- | -- | -- |
| Selling, General & Admin | 29.84 | 3.91 | 3.63 | 4.80 | 3.67 | 7.67 | 5.01 | 5.62 | 3.23 | 4.31 | 2.95 | 2.52 | 3.54 | 3.90 | 2.01 | 5.24 | 2.63 | 3.92 | 5.84 | 6.81 |
| Total Operating Expenses | 35.14 | 8.28 | 6.62 | 5.20 | 7.96 | 10.83 | 7.46 | 21.59 | 8.61 | 8.23 | 6.38 | 7.19 | 5.63 | 6.18 | 2.58 | 6.81 | 2.83 | 4.11 | 5.89 | -- |
| Operating Income | (34.41) | (9.87) | (10.13) | (7.77) | (10.65) | (13.80) | (9.80) | (24.55) | (8.61) | (8.23) | (6.38) | (7.19) | (5.63) | (6.18) | (2.58) | (6.81) | (2.83) | (4.11) | (5.89) | (6.81) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (33.84) | (9.28) | (10.30) | (10.17) | (11.50) | (13.40) | (11.69) | (25.98) | (10.00) | (9.29) | (7.23) | (7.10) | (5.61) | (6.20) | (2.43) | (6.85) | (2.63) | (4.09) | (5.57) | (4.99) |
| Basic EPS | (0.26) | (0.07) | (0.09) | (0.09) | (0.14) | (0.18) | (0.17) | (0.48) | (0.19) | (0.19) | (0.16) | (0.47) | (0.01) | (0.01) | 0.00 | (0.01) | 0.00 | -- | -- | -- |
| Diluted EPS | (0.26) | (0.07) | (0.09) | (0.09) | (0.14) | (0.18) | (0.17) | (0.48) | (0.19) | (0.19) | (0.16) | (0.16) | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | 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 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (2.70) | (9.81) | (7.14) | (5.82) | (10.28) | (7.26) | (5.55) | (4.31) | (5.01) | (2.66) | (4.76) | (2.55) | (3.45) | (3.33) | (4.04) | (2.92) | (2.94) | (4.32) | (2.60) | (2.45) |
| Capital Expenditures | 0.50 | 0.98 | 0.71 | 0.55 | 0.49 | 0.65 | 0.86 | 0.00 | 0.00 | (0.41) | 0.69 | 2.84 | 1.75 | 2.09 | 0.08 | 4.07 | 3.75 | 5.05 | -- | -- |
| Free Cash Flow* | (3.20) | (10.79) | (7.85) | (6.37) | (10.77) | (7.91) | (6.42) | (4.31) | (5.01) | (2.25) | (5.45) | (5.39) | (5.20) | (5.42) | (4.12) | (6.98) | (6.69) | (9.38) | -- | -- |
| Investing Cash Flow | (7.54) | (1.48) | (0.71) | (0.55) | (0.49) | (0.65) | (0.86) | (1.61) | (0.50) | (3.60) | (7.27) | (18.71) | (7.83) | (6.10) | (4.08) | (4.10) | (3.75) | (7.23) | (5.36) | (0.81) |
| Financing Cash Flow | 0.00 | 29.06 | 26.30 | 10.99 | (2.00) | 22.76 | 5.18 | 6.92 | 3.86 | 8.52 | 15.09 | 11.00 | 12.42 | -- | -- | (0.31) | 0.47 | 41.25 | 13.85 | 9.80 |
* Derived from reported values