Financial Statements — ABEO
Balance Sheet
(in millions USD)| Metric | 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 | 61.37 | 82.88 | 163.54 | 15.94 | 15.73 | 34.43 | 17.56 | 4.71 | 6.23 | 4.68 | 5.73 | 6.13 | 20.33 | 43.78 | 27.18 | 14.27 |
| Short-term Investments | 106.90 | 124.23 | 61.98 | 68.22 | 93.98 | 88.28 | 44.79 | 49.04 | 30.55 | 35.68 | 12.43 | 13.96 | 10.99 | 23.22 | 50.38 | 72.51 |
| Accounts Receivable | 6.20 | -- | -- | -- | -- | -- | -- | -- | 3.50 | -- | -- | 1.00 | 3.00 | -- | -- | -- |
| Inventory | 6.05 | 4.85 | 2.69 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 182.99 | 216.13 | 232.26 | 88.12 | 112.66 | 125.90 | 66.72 | 57.26 | 44.04 | 42.84 | 25.50 | 30.30 | 39.20 | 67.91 | 78.88 | 88.60 |
| Property, Plant & Equipment | 10.56 | 10.34 | 9.49 | 6.95 | 4.06 | 3.98 | 3.77 | 4.00 | 4.49 | 5.30 | 6.61 | 7.46 | 8.41 | 9.87 | 10.24 | 10.98 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 32.47 | 32.47 | 32.47 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | -- | 1.38 | 1.41 | 1.44 | 1.47 |
| Total Non-current Assets* | 15.51 | 14.97 | 13.97 | 11.24 | 7.94 | 8.10 | 8.10 | 8.82 | 9.51 | 10.50 | 13.26 | 14.42 | 15.97 | 51.11 | 51.80 | 52.84 |
| Total Assets | 198.49 | 231.10 | 246.23 | 99.36 | 120.59 | 134.00 | 74.83 | 66.09 | 53.55 | 53.35 | 38.76 | 44.72 | 55.17 | 119.02 | 130.68 | 141.43 |
| Accounts Payable | 4.07 | 5.93 | 7.34 | 5.02 | 2.79 | 3.10 | 3.36 | 2.59 | 3.48 | 2.86 | 1.75 | 1.74 | 1.60 | 1.86 | 1.47 | 2.48 |
| Total Current Liabilities | 31.05 | 22.18 | 34.52 | 17.98 | 18.42 | 16.84 | 11.89 | 8.41 | 9.44 | 7.42 | 12.60 | 13.69 | 12.34 | 26.47 | 41.87 | 40.84 |
| Long-term Debt | 18.09 | 19.75 | 19.56 | 19.29 | 18.65 | 18.36 | 18.08 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 22.51 | 37.68 | 48.14 | 39.99 | 56.40 | 43.92 | 71.82 | 35.64 | 34.77 | 27.19 | 10.75 | 10.95 | 11.39 | 12.80 | 4.72 | 6.20 |
| Total Liabilities | 53.56 | 59.86 | 82.66 | 57.97 | 74.82 | 60.76 | 83.71 | 44.05 | 44.21 | 34.60 | 23.35 | 24.63 | 23.73 | 39.28 | 46.59 | 47.04 |
| Retained Earnings | (759.15) | (721.61) | (716.45) | (825.29) | (803.96) | (773.70) | (781.10) | (732.93) | (721.10) | (704.44) | (694.21) | (684.73) | (676.43) | (608.96) | (601.91) | (586.71) |
| Total Stockholder Equity | 144.94 | 171.23 | 163.58 | 41.40 | 45.77 | 73.24 | (8.88) | 22.04 | 9.35 | 18.74 | 15.41 | 20.09 | 31.44 | 79.74 | 84.09 | 94.39 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 | Q2
2021 |
|---|
| Total Revenue | 8.72 | 5.42 | 0.00 | 0.40 | -- | -- | -- | 3.50 | -- | 0.00 | 0.00 | 3.50 | -- | 0.07 | 0.00 | 1.00 | 0.35 | -- | -- | -- |
| Cost of Revenue | 2.70 | 1.04 | 0.49 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 6.02 | 4.38 | (0.09) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 9.56 | 6.71 | 4.22 | 5.94 | 9.94 | 8.99 | 8.94 | 9.22 | 7.21 | 7.38 | 7.15 | 8.52 | 8.04 | 6.27 | 5.49 | 6.66 | 10.55 | 11.70 | 7.98 | 7.43 |
| Selling, General & Admin | 19.50 | 18.78 | 19.31 | 17.15 | 9.79 | 7.68 | 6.40 | 8.65 | 7.12 | 5.83 | 4.16 | 5.02 | 4.00 | 5.68 | 3.89 | 3.46 | 4.22 | 4.68 | 6.09 | 5.46 |
| Total Operating Expenses | 29.06 | 27.29 | 23.53 | 23.19 | 19.73 | 16.67 | 15.35 | 17.86 | 14.33 | 13.21 | 11.33 | 14.05 | 12.04 | 13.00 | 9.38 | 9.01 | 20.94 | 49.65 | 14.87 | 13.72 |
| Operating Income | (23.03) | (22.91) | (24.02) | (22.79) | (19.73) | (16.67) | (15.34) | (17.86) | (14.33) | (13.21) | (11.33) | (10.55) | (12.04) | (12.94) | (9.38) | (8.01) | (20.59) | (46.65) | (14.87) | (13.71) |
| Interest Expense | 0.83 | 0.88 | 0.90 | 0.96 | 1.00 | 1.08 | 1.10 | 1.07 | 0.95 | 0.11 | 0.11 | 0.10 | 0.10 | 0.06 | 0.16 | 0.32 | 0.20 | 0.07 | 0.68 | 1.50 |
| Pretax Income | (17.07) | (20.67) | (20.36) | 124.35 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.00 | (0.21) | (15.20) | 15.51 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (17.07) | (20.46) | (5.16) | 108.83 | (12.03) | (9.29) | (30.27) | 7.41 | (31.58) | (16.59) | (11.84) | (16.65) | (9.11) | (1.13) | (9.48) | (8.29) | (20.79) | (46.68) | (7.04) | (15.21) |
| Basic EPS | (0.30) | (0.39) | (0.10) | 2.07 | (0.24) | 0.05 | (0.63) | 0.19 | (1.16) | (2.43) | (0.48) | 0.92 | (0.54) | (1.83) | (1.48) | (2.08) | (0.14) | -- | -- | -- |
| Diluted EPS | (0.30) | (0.36) | (0.10) | 1.71 | (0.24) | 0.50 | (0.63) | (0.26) | (1.16) | (0.64) | (0.48) | 0.92 | -- | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | 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 | Q2
2021 |
|---|
| Operating Cash Flow | (19.80) | (17.95) | (21.19) | (18.78) | (18.40) | (16.56) | (12.23) | (12.68) | (14.54) | (9.23) | (5.75) | (10.28) | (11.74) | (13.99) | (6.79) | (9.01) | (13.69) | (30.26) | (10.33) | (11.49) |
| Capital Expenditures | 0.94 | 1.15 | 2.52 | 2.90 | 1.40 | 0.61 | 0.40 | 0.71 | 0.73 | 0.04 | 0.04 | 0.03 | 0.22 | 0.03 | 0.00 | 0.00 | 0.10 | 3.25 | 0.40 | 0.06 |
| Free Cash Flow* | (20.74) | (19.11) | (23.71) | (21.68) | (19.80) | (17.16) | (12.64) | (13.39) | (15.26) | (9.27) | (5.79) | (10.32) | (11.96) | (14.02) | (6.79) | (9.01) | (13.79) | (33.51) | (10.74) | (11.55) |
| Investing Cash Flow | 4.96 | 9.55 | (64.63) | 155.89 | 4.21 | 18.88 | (6.17) | (44.13) | (7.82) | 11.53 | (18.74) | 5.21 | 2.21 | (25.29) | 1.65 | (1.40) | 1.08 | 8.00 | 26.76 | 21.92 |
| Financing Cash Flow | (2.22) | 3.61 | 5.16 | 10.50 | 6.77 | 5.31 | (0.30) | 73.68 | 25.44 | 7.47 | 22.98 | 6.62 | -0.00 | 42.77 | 4.19 | (3.78) | -- | 16.33 | 0.17 | 2.48 |
* Derived from reported values
