Financial Statements — ADIL
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 4.58 | 4.61 | 5.91 | 2.37 | 5.20 | 3.29 | 0.32 | 1.22 | 2.31 | 5.75 | 9.16 | 12.69 | 7.18 | 5.21 | 5.64 |
| Total Current Assets | 4.80 | 5.01 | 6.08 | 2.63 | 5.62 | 3.82 | 1.14 | 2.05 | 2.96 | 6.77 | 9.94 | 12.96 | 7.99 | 5.59 | 6.17 |
| Property, Plant & Equipment | -- | -- | -- | -- | -- | -- | -- | -- | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.03 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | 0.25 | 0.25 | 0.25 | 0.25 | 0.13 | 0.13 | 0.13 |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Total Non-current Assets* | 0.42 | 0.65 | 0.72 | 0.82 | 1.09 | 1.13 | 1.73 | 1.73 | 0.94 | 0.97 | 0.98 | 1.00 | 2.46 | 2.47 | 2.45 |
| Total Assets | 5.23 | 5.66 | 6.80 | 3.45 | 6.71 | 4.95 | 2.87 | 3.78 | 3.90 | 7.74 | 10.92 | 13.96 | 10.45 | 8.06 | 8.63 |
| Accounts Payable | 0.57 | 0.56 | 0.67 | 0.53 | 0.32 | 0.32 | 0.08 | 0.11 | 0.53 | 0.28 | 0.62 | 0.42 | 0.19 | 0.48 | 0.64 |
| Total Current Liabilities | 1.51 | 1.15 | 1.21 | 1.32 | 0.83 | 0.67 | 0.53 | 0.46 | 1.80 | 1.33 | 1.87 | 2.17 | 1.96 | 2.21 | 2.04 |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.66 | 1.01 | 1.10 | 1.09 | 1.29 | 1.02 | 0.97 |
| Total Liabilities | 1.51 | 1.15 | 1.21 | 1.32 | 0.83 | 0.67 | 0.53 | 0.46 | 2.46 | 2.33 | 2.96 | 3.26 | 3.25 | 3.23 | 3.01 |
| Retained Earnings | (91.99) | (87.98) | (86.18) | (84.22) | (79.92) | (77.73) | (66.88) | (65.49) | (66.58) | (60.81) | (57.70) | (53.85) | (45.11) | (40.79) | (36.35) |
| Total Stockholder Equity* | 3.72 | 4.51 | 5.59 | 2.13 | 5.88 | 4.28 | 2.34 | 3.32 | 1.44 | 5.41 | 7.96 | 10.71 | 7.20 | 4.83 | 5.62 |
* 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 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Research & Development | 0.43 | 0.62 | 0.52 | 0.73 | 0.75 | 0.73 | 1.03 | 1.01 | (0.05) | 0.21 | 0.43 | 0.68 | 1.14 | 1.24 | 1.20 | 0.60 | 2.33 | 1.69 | 2.32 | 2.05 |
| Selling, General & Admin | 1.57 | 1.27 | 1.24 | 1.15 | 1.52 | 1.21 | 1.18 | 1.27 | 1.18 | 1.15 | 1.05 | 2.24 | 2.26 | -- | -- | -- | 2.10 | 2.37 | 2.08 | 2.79 |
| Total Operating Expenses | 2.00 | 1.89 | 1.76 | 1.88 | 2.27 | 1.94 | 2.21 | 2.29 | 1.13 | 1.36 | 1.48 | 2.92 | 3.24 | 3.19 | 3.83 | 3.06 | 5.98 | 4.06 | 4.40 | 4.84 |
| Operating Income | (2.00) | (1.89) | (1.76) | (1.88) | (2.27) | (1.94) | (2.21) | (2.29) | (1.13) | (1.36) | (1.48) | (2.92) | (3.24) | (3.19) | (3.83) | (3.06) | (5.98) | (4.06) | (4.40) | (4.84) |
| Pretax Income | -- | -- | -- | -- | -- | (2.07) | (2.19) | (2.46) | (1.24) | (1.35) | (1.51) | (2.91) | (2.87) | (3.11) | (3.85) | (2.91) | (5.92) | (4.32) | (4.44) | (4.83) |
| Net Income | (2.02) | (2.00) | (1.79) | (1.96) | (2.23) | (2.07) | (2.19) | (2.46) | (1.92) | (1.38) | 1.09 | -- | (2.87) | (3.11) | (3.85) | (2.91) | (5.83) | (4.32) | (4.44) | (4.83) |
| Basic EPS | (1.48) | (11.33) | (0.08) | (0.18) | (0.34) | (0.15) | (0.38) | (0.59) | (3.27) | (1.18) | 0.96 | (0.11) | (0.11) | (0.12) | (0.16) | -- | -- | -- | -- | -- |
| Diluted EPS | (1.48) | (11.33) | (0.08) | (0.18) | (0.34) | (0.15) | (0.38) | (0.59) | (3.27) | (1.18) | 0.96 | (0.11) | (0.11) | (0.12) | (0.16) | -- | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | (1.61) | (1.32) | (1.83) | (1.75) | (1.59) | (1.45) | (1.69) | (3.77) | (1.22) | (1.39) | (1.89) | (2.30) | (1.75) | (3.40) | (3.53) | (2.50) | (2.37) | (3.53) | (3.20) | (2.84) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.03 | 0.03 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (2.37) | (3.53) | (3.24) | (2.87) |
| Investing Cash Flow | -- | 0.00 | 0.00 | 0.00 | 0.15 | -- | -- | -- | 0.35 | 0.35 | 0.80 | -- | -- | -- | -- | -- | 0.00 | 0.00 | (0.03) | -0.00 |
| Financing Cash Flow | 0.32 | 2.60 | 0.52 | 5.30 | 0.05 | 0.00 | 3.61 | 4.24 | 3.38 | 0.14 | 0.00 | 0.61 | 0.00 | 0.00 | 0.00 | 9.12 | 1.25 | 5.50 | 2.81 | 4.08 |
* Derived from reported values
