Financial Statements — ACLX
Balance Sheet
(in millions USD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 |
|---|
| Cash & Equivalents | 79.01 | 62.34 | 80.86 | 161.85 | 100.03 | 154.57 | 126.12 | 303.67 | 274.89 | 56.76 | 164.54 | 127.16 |
| Short-term Investments | 382.38 | 390.77 | 462.40 | 412.41 | 416.66 | 419.35 | 313.60 | 202.82 | 258.70 | 224.02 | 142.45 | 83.77 |
| Total Current Assets | 472.08 | 463.90 | 554.15 | 587.30 | 530.20 | 588.73 | 491.46 | 558.07 | 571.37 | 290.31 | 325.08 | 224.39 |
| Property, Plant & Equipment | 43.08 | 44.47 | 45.57 | 47.50 | 46.28 | 44.93 | 37.78 | 22.29 | 14.42 | 10.03 | 9.66 | 9.75 |
| Total Non-current Assets* | 183.84 | 155.19 | 93.93 | 177.61 | 204.10 | 190.96 | 122.76 | 65.46 | 51.58 | 47.02 | 49.58 | 22.60 |
| Total Assets | 655.92 | 619.09 | 648.08 | 764.91 | 734.31 | 779.70 | 614.22 | 623.53 | 622.94 | 337.33 | 374.66 | 246.98 |
| Accounts Payable | 4.20 | 2.08 | 4.37 | 5.99 | 4.87 | 3.10 | 7.19 | 5.69 | 4.53 | 2.96 | 7.56 | 1.87 |
| Total Current Liabilities | 118.39 | 121.85 | 112.46 | 137.02 | 88.29 | 107.90 | 173.15 | 156.11 | 166.06 | 44.78 | 23.73 | 14.43 |
| Total Non-current Liabilities* | 96.75 | 105.01 | 118.72 | 144.87 | 158.85 | 175.22 | 174.94 | 173.75 | 153.17 | 56.27 | 27.32 | 4.62 |
| Total Liabilities | 215.14 | 226.86 | 231.18 | 281.89 | 247.14 | 283.12 | 348.09 | 329.86 | 319.23 | 101.04 | 51.04 | 19.05 |
| Retained Earnings | (667.65) | (611.87) | (559.10) | (449.75) | (423.88) | (396.68) | (409.32) | (369.99) | (346.13) | (279.80) | (186.92) | (156.15) |
| Total Stockholder Equity | 440.78 | 392.22 | 416.91 | 483.02 | 487.16 | 496.57 | 266.13 | 293.67 | 303.72 | 236.28 | 323.62 | 227.94 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 | 1.65 | 4.95 | 7.55 | 8.13 | 15.27 | 26.03 | 27.38 | 39.26 | 63.15 | 14.96 | 14.30 | 17.91 | -- | 0.00 | 0.00 | 0.00 |
| Research & Development | 34.10 | 35.09 | 37.63 | 50.80 | 44.65 | 39.17 | 40.95 | 32.32 | 28.78 | 43.81 | 28.33 | 32.93 | 25.94 | 83.47 | 22.08 | 18.06 |
| Selling, General & Admin | 31.24 | 31.64 | 28.65 | 26.23 | 23.77 | 20.47 | 21.42 | 22.75 | 19.37 | 16.01 | 15.54 | 15.44 | 14.06 | 10.40 | 9.21 | 8.03 |
| Total Operating Expenses | 65.34 | 66.72 | 66.28 | 77.03 | 68.42 | 59.65 | 62.38 | 55.07 | 48.15 | 59.82 | 43.86 | 48.37 | 40.00 | 93.88 | 31.29 | 26.09 |
| Operating Income | (63.68) | (61.78) | (58.73) | (68.90) | (53.15) | (33.62) | (34.99) | (15.81) | 15.00 | (44.86) | (29.56) | (30.46) | (40.00) | (93.87) | (31.29) | (26.09) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.60 | -- | -- |
| Pretax Income | (58.07) | (55.78) | (52.74) | (62.27) | (45.58) | (25.64) | (26.86) | (7.20) | 20.47 | (39.34) | (24.14) | (27.01) | -- | -- | -- | -- |
| Tax Provision | 0.04 | 0.00 | 0.03 | 0.00 | 1.51 | 0.22 | 0.34 | 0.00 | 0.62 | (0.01) | (0.28) | 0.33 | 0.00 | -- | -- | -- |
| Net Income | (58.11) | (55.78) | (52.77) | (62.27) | (47.08) | (25.87) | (27.20) | (7.20) | 19.84 | (39.34) | (23.85) | (27.34) | (38.99) | (92.87) | (30.77) | (26.04) |
| Basic EPS | (1.01) | (0.99) | (0.94) | (1.13) | (0.87) | (0.48) | (0.51) | (0.14) | 0.42 | (0.81) | (0.50) | (0.58) | (0.76) | (2.12) | (0.84) | (1.25) |
| Diluted EPS | (1.01) | (0.99) | (0.94) | (1.13) | (0.87) | (0.48) | (0.51) | (0.14) | 0.42 | (0.81) | (0.50) | (0.58) | (0.76) | (2.12) | (0.84) | (1.25) |
Cash Flow Statement
(in millions USD)| Metric | 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 | (58.17) | (49.21) | (39.73) | (63.14) | (46.03) | 30.72 | (36.25) | (31.91) | 58.25 | (10.10) | (22.61) | 182.04 | (27.52) | (16.65) | (22.55) | (32.59) |
| Capital Expenditures | 0.76 | 0.30 | 0.49 | 0.78 | 1.50 | 2.29 | 3.21 | 6.43 | 5.29 | 7.93 | 7.23 | 0.98 | 1.28 | 0.39 | 0.15 | 0.47 |
| Free Cash Flow* | (58.94) | (49.50) | (40.22) | (63.92) | (47.53) | 28.43 | (39.46) | (38.34) | 52.96 | (18.03) | (29.84) | 181.06 | (28.80) | (17.03) | (22.70) | (33.05) |
| Investing Cash Flow | 57.80 | (20.03) | 10.74 | 37.78 | (4.12) | 35.76 | (7.87) | (206.81) | 21.02 | (160.03) | 51.27 | (66.77) | 33.62 | (61.07) | (0.18) | (10.64) |
| Financing Cash Flow | 1.63 | 86.10 | 10.26 | 0.54 | (6.02) | (4.66) | (10.43) | (2.98) | 188.59 | (4.99) | 0.12 | 95.45 | 1.31 | (9.71) | 121.46 | 139.56 |
* Derived from reported values
