Financial Statements — AKAN
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2022 |
|---|
| Cash & Equivalents | 2.53 | 6.03 | 3.93 |
| Inventory | -- | 1.29 | 0.90 |
| Total Current Assets | 3.57 | 7.61 | 6.94 |
| Total Non-current Assets | 2.65 | 2.35 | 36.54 |
| Total Assets | 6.22 | 9.97 | 43.48 |
| Total Current Liabilities | 2.84 | 5.40 | 6.27 |
| Total Non-current Liabilities | 0.07 | 2.50 | 2.57 |
| Total Liabilities | 2.91 | 5.40 | 8.84 |
| Retained Earnings | (58.25) | (56.05) | (12.02) |
| Total Stockholder Equity | 3.30 | 4.57 | 34.64 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2022 |
|---|
| Total Revenue | -- | 0.48 | 0.07 |
| Cost of Revenue* | -- | 0.30 | (0.02) |
| Gross Profit | -- | 0.17 | 0.09 |
| Selling, General & Admin | 0.32 | 0.50 | 1.18 |
| Total Operating Expenses* | 1.49 | 2.53 | 11.01 |
| Operating Income | (1.49) | (2.35) | (10.92) |
| Interest Expense | -- | 0.04 | -- |
| Net Income | (0.82) | (2.68) | (2.59) |
| Basic EPS | (1.17) | (2.84) | (0.10) |
| Diluted EPS | (1.17) | (2.84) | (0.10) |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2022 |
|---|
| Operating Cash Flow | (0.38) | (2.59) | (8.35) |
| Investing Cash Flow | 0.00 | 0.10 | (4.23) |
| Financing Cash Flow | (0.52) | 8.64 | 14.64 |