Financial Statements — AEI
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 | 21.48 | 25.46 | 25.58 | 25.19 | 16.68 | 18.93 | 23.73 | 28.77 | 29.49 | 19.28 | 23.24 | 42.00 | 54.05 | -- | 66.93 | 29.01 |
| Total Current Assets | 35.30 | 44.78 | 44.01 | 54.06 | 57.08 | 47.95 | 48.13 | 87.74 | 104.44 | 94.73 | 110.34 | 131.56 | 151.16 | 147.57 | 103.00 | 86.62 |
| Real Estate Assets | -- | 0.50 | 0.68 | 0.61 | 0.62 | 0.67 | 0.68 | 1.17 | 1.22 | 1.28 | 1.09 | 0.85 | 0.28 | 0.27 | 0.25 | 0.08 |
| Total Assets | 131.74 | 169.11 | 86.01 | 90.46 | 98.79 | 93.46 | 96.71 | 157.01 | 168.44 | 155.69 | 164.66 | 176.07 | 192.83 | 175.14 | 127.34 | 108.80 |
| Total Current Liabilities | 3.23 | 4.23 | 4.07 | 4.82 | 3.37 | 3.72 | 4.64 | 6.50 | 6.50 | 5.21 | 4.45 | 3.60 | 3.99 | 8.93 | 11.68 | 21.92 |
| Long-term Debt | -- | -- | -- | 0.12 | 0.14 | 0.14 | 0.15 | 0.16 | 0.17 | 0.18 | -- | -- | -- | -- | -- | 0.65 |
| Total Liabilities | 3.99 | 4.71 | 4.74 | 5.65 | 5.39 | 5.76 | 6.67 | 8.15 | 8.15 | 6.82 | 5.10 | 3.91 | 4.34 | 9.23 | 12.27 | 23.25 |
| Retained Earnings | (303.79) | (266.89) | (268.41) | (260.19) | (254.18) | (255.89) | (254.66) | (214.40) | (198.39) | (192.58) | (175.41) | (163.69) | (154.70) | (124.91) | (117.80) | (51.03) |
| Total Stockholder Equity | 119.39 | 155.68 | 72.82 | 76.36 | 84.20 | 79.42 | 81.67 | 119.41 | 130.51 | 138.17 | 147.54 | 159.32 | 166.11 | 140.77 | 86.95 | 51.87 |
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 | 0.98 | 1.30 | 1.00 | 1.10 | 1.07 | 8.94 | 4.96 | 1.13 | 6.09 | 1.02 | 0.99 | 19.15 | 0.93 | 0.88 | 0.72 | 0.93 | 1.95 | 2.85 | 4.80 | 6.54 |
| Cost of Revenue | 0.71 | 0.84 | 0.76 | 0.84 | 0.78 | 4.34 | 2.95 | 0.83 | 4.66 | 1.57 | 0.58 | 11.74 | 0.69 | 1.25 | 0.81 | 0.55 | 1.11 | 2.79 | 2.20 | 1.61 |
| Total Operating Expenses | 2.93 | 6.34 | 2.82 | 3.01 | 4.22 | 2.67 | 2.97 | 3.11 | 3.69 | 3.27 | 7.12 | 2.31 | 2.33 | (1.14) | 2.79 | 2.58 | 3.61 | 12.82 | 4.74 | 11.22 |
| Operating Income | (2.65) | (5.88) | (2.58) | (2.76) | (3.93) | 1.92 | (0.96) | (2.81) | (2.27) | (3.82) | (2.08) | 5.11 | (2.09) | (1.71) | (2.07) | (1.65) | (1.65) | (9.97) | 0.05 | (4.68) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.26 |
| Net Income | (4.52) | (32.37) | 1.51 | (8.22) | (8.33) | 2.33 | 1.72 | (1.24) | (6.77) | (33.27) | (16.01) | (5.81) | (4.32) | (15.21) | (11.71) | (8.99) | (6.47) | (26.25) | (8.07) | (74.89) |
| Diluted EPS | (0.12) | (0.78) | 0.05 | (0.71) | (0.78) | 0.24 | 0.19 | (0.13) | (0.73) | (3.66) | (1.73) | (0.63) | -- | -- | -- | -- | -- | -- | -- | -- |
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 | (1.49) | (0.44) | 0.88 | (2.62) | (3.76) | 13.91 | (2.85) | (4.39) | (1.51) | (0.78) | 0.85 | 10.70 | (3.29) | (3.52) | (12.21) | (10.83) | (5.29) | (10.20) | 4.16 | (7.34) |
| Capital Expenditures | 0.01 | (0.03) | 0.06 | 0.08 | 0.06 | 0.04 | 0.03 | 0.03 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.39 | 0.00 | 0.21 | 0.00 | 0.01 | 0.13 | 0.08 |
| Free Cash Flow* | (1.50) | (0.41) | 0.82 | (2.70) | (3.82) | 13.87 | (2.89) | (4.42) | (1.51) | (0.78) | 0.83 | 10.70 | (3.30) | (3.91) | (12.21) | (11.04) | (5.30) | (10.21) | 4.03 | (7.43) |
| Investing Cash Flow | (2.66) | 1.64 | (1.06) | 2.14 | (0.46) | (1.24) | (0.91) | 21.38 | (1.76) | (1.38) | (0.14) | (1.28) | 0.67 | (0.09) | (6.72) | (1.00) | (7.31) | (27.30) | (30.98) | (0.12) |
| Financing Cash Flow | (0.01) | (0.90) | (0.33) | (0.01) | 2.33 | (0.05) | (0.02) | (21.11) | (0.24) | (0.22) | (0.01) | (0.02) | 3.43 | 0.06 | (0.05) | -0.00 | 6.04 | 26.18 | 33.34 | 44.85 |
* Derived from reported values
