Financial Statements — AIMD
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 | 2.84 | 1.13 | 1.22 | 2.63 | 5.16 | 8.01 | 1.03 | 2.37 | 1.36 | 1.15 | 2.42 | 1.75 | 1.87 | 0.71 | 0.61 | 0.01 |
| Accounts Receivable | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.01 | -- | -- | -- | -- | 0.04 | 0.14 | -- |
| Inventory | 0.32 | 0.17 | 0.16 | 0.14 | 0.16 | 0.17 | 0.17 | 0.22 | 0.53 | 0.57 | -- | -- | -- | 0.17 | 0.00 | 0.00 |
| Total Current Assets | 3.52 | 1.72 | 1.73 | 3.05 | 5.65 | 8.47 | 1.51 | 3.04 | 2.14 | 3.63 | 3.67 | 3.70 | 3.02 | 0.88 | 0.87 | 0.04 |
| Property, Plant & Equipment | 0.29 | 0.41 | 0.50 | 0.49 | 0.65 | 0.69 | 0.77 | 1.16 | 1.27 | 1.31 | 1.35 | 1.50 | 1.42 | 0.04 | 0.02 | 0.00 |
| Intangible Assets | 18.11 | 20.37 | 21.51 | 22.63 | 24.89 | 26.03 | 27.16 | 29.42 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 18.56 | 20.96 | 22.19 | 23.30 | 25.72 | 27.07 | 28.25 | 30.82 | 31.91 | 33.08 | 35.41 | 36.71 | 37.71 | 19.11 | 19.75 | 0.18 |
| Total Assets | 22.08 | 22.68 | 23.92 | 26.35 | 31.37 | 35.54 | 29.75 | 33.86 | 34.05 | 36.71 | 39.08 | 40.41 | 40.74 | 19.99 | 20.62 | 0.22 |
| Accounts Payable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.11 | 0.58 | 0.31 | 0.35 |
| Total Current Liabilities | 6.35 | 0.58 | 0.60 | 1.52 | 4.13 | 5.74 | 4.71 | 0.82 | 1.11 | 1.87 | 2.64 | 6.99 | 5.73 | 2.82 | 2.38 | 1.50 |
| Total Non-current Liabilities* | 10.04 | 12.05 | 11.88 | 11.71 | 9.22 | 9.08 | 2.37 | 5.36 | 2.54 | 2.50 | 0.01 | 27.42 | 26.92 | 0.04 | 0.04 | 0.00 |
| Total Liabilities | 16.39 | 12.63 | 12.48 | 13.23 | 13.35 | 14.83 | 7.08 | 6.18 | 3.65 | 4.37 | 2.66 | 34.41 | 32.65 | 2.86 | 2.42 | 1.50 |
| Retained Earnings | (69.98) | (63.05) | (60.12) | (56.04) | (48.10) | (44.40) | (41.20) | (31.96) | (28.99) | (26.64) | (21.98) | (14.16) | (12.21) | (8.66) | (7.50) | (6.75) |
| Total Stockholder Equity* | 5.69 | 10.04 | 11.44 | 13.12 | 18.02 | 20.71 | 22.68 | 27.68 | 30.40 | 32.34 | 36.43 | 6.01 | 8.08 | 17.14 | 18.21 | (1.28) |
* 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 | 0.00 | 0.01 | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.03 | 0.05 | 1.04 | 1.76 | 0.64 | 0.09 | 0.03 | 0.36 | 0.20 |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | -0.00 | 0.00 | 0.03 | 0.03 | 0.13 | 0.09 | 0.06 | 0.10 | 0.58 | 1.18 | 0.32 | 0.04 | 0.01 | 0.10 | 0.07 |
| Gross Profit | -0.00 | 0.01 | 0.00 | 0.00 | 0.09 | 0.00 | -0.00 | (0.03) | (0.01) | (0.11) | (0.06) | (0.03) | (0.05) | 0.46 | 0.58 | 0.32 | 0.05 | 0.02 | 0.26 | 0.13 |
| Research & Development | 1.69 | 2.12 | 1.99 | 1.91 | 1.72 | 2.33 | 2.02 | 1.98 | 2.08 | 2.24 | 1.71 | 1.67 | 1.70 | 1.80 | 1.83 | 1.63 | 1.58 | 1.27 | 0.65 | 0.00 |
| Selling, General & Admin | 0.59 | 2.18 | 0.80 | 1.84 | 1.53 | 2.31 | 1.02 | 1.04 | 1.03 | 3.35 | 0.90 | 0.62 | 0.76 | 0.79 | 6.57 | 0.63 | 0.55 | 1.22 | 0.80 | 0.86 |
| Total Operating Expenses* | 2.28 | 4.31 | 2.79 | 3.75 | 3.25 | 4.63 | 3.04 | 3.02 | 3.11 | 5.59 | 2.61 | 2.29 | 2.46 | 2.59 | 8.40 | 2.26 | 2.13 | 4.22 | 1.44 | 0.86 |
| Operating Income | (2.28) | (4.30) | (2.78) | (3.75) | (3.16) | (4.63) | (3.04) | (3.05) | (3.12) | (5.70) | (2.68) | (2.32) | (2.51) | (2.13) | (7.82) | (1.94) | (2.08) | (1.44) | (1.18) | (0.73) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.05 | 0.05 | 0.04 | -- | 0.00 | 0.01 | 0.04 | 0.00 | 0.02 | -- | -- | 0.02 |
| Pretax Income | (2.46) | (4.47) | (2.93) | (4.08) | (3.29) | (4.65) | (3.70) | (3.20) | (3.31) | (5.92) | (2.98) | (2.35) | -- | -- | -- | -- | -- | 2.42 | (1.16) | (0.75) |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (2.46) | (4.47) | (2.93) | (4.08) | (3.29) | (4.65) | (3.70) | (3.20) | (3.31) | (5.92) | (2.98) | (2.35) | (2.52) | (2.13) | (7.82) | (1.95) | (2.10) | (1.44) | (1.16) | (0.75) |
| Basic EPS | (0.41) | (1.62) | (0.64) | (0.99) | (0.21) | (0.17) | (0.33) | (0.49) | (0.57) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (0.41) | (1.62) | (0.64) | (0.99) | (0.21) | (0.17) | (0.33) | (0.49) | (0.57) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
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 | (0.98) | (0.86) | (1.18) | (1.35) | (1.22) | (0.86) | (1.48) | (1.97) | (1.49) | (1.37) | (0.74) | (1.15) | (1.43) | (0.62) | (0.79) | (0.23) | (1.39) | (0.68) | (0.52) | 0.07 |
| Capital Expenditures | 0.01 | -0.00 | 0.01 | (0.01) | 0.03 | 0.00 | 0.01 | 0.01 | 0.00 | (0.01) | 0.11 | -- | 0.07 | (0.04) | (19.96) | 20.00 | 0.14 | -- | -- | -- |
| Free Cash Flow* | (0.99) | (0.85) | (1.19) | (1.34) | (1.26) | (0.87) | (1.49) | (1.98) | (1.50) | (1.36) | (0.85) | -- | (1.50) | (0.58) | 19.17 | (20.23) | (1.53) | -- | -- | -- |
| Investing Cash Flow | -0.00 | 0.01 | 0.00 | 0.00 | (0.02) | 0.01 | (0.02) | (0.01) | (0.11) | 0.02 | (0.05) | 0.00 | (0.07) | 0.03 | (0.24) | (0.29) | (0.14) | (0.14) | (0.02) | (0.02) |
| Financing Cash Flow | 3.41 | 0.16 | 1.13 | (0.30) | 0.01 | (0.27) | (1.48) | 9.00 | 0.78 | 0.90 | 1.84 | 1.39 | 0.80 | -0.00 | 1.65 | 0.54 | 1.64 | 1.86 | 0.64 | 0.65 |
* Derived from reported values