Financial Statements — ALXO
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 | 32.28 | 23.44 | 19.30 | 20.61 | 16.10 | 15.53 | 14.04 | 19.58 | 38.04 | 63.19 | 49.05 | 66.38 | 159.09 | 385.15 | 409.96 | 429.86 |
| Short-term Investments | 108.04 | 37.18 | 60.01 | 77.22 | 132.47 | 141.19 | 143.40 | 170.43 | 174.80 | 164.75 | 235.86 | 246.99 | 157.51 | -- | -- | -- |
| Total Current Assets | 145.56 | 66.52 | 85.26 | 102.53 | 155.90 | 168.71 | 167.86 | 199.07 | 219.56 | 232.54 | 290.81 | 316.85 | 321.52 | 388.96 | 412.28 | 432.33 |
| Property, Plant & Equipment | 1.05 | 1.35 | 1.50 | 2.70 | 3.11 | 3.32 | 3.44 | 3.62 | 3.83 | 3.93 | 2.34 | 1.63 | 1.34 | 0.56 | 0.17 | 0.05 |
| Total Non-current Assets* | 32.76 | 16.21 | 10.06 | 18.37 | 29.82 | 45.91 | 44.79 | 21.04 | 26.37 | 45.60 | 26.88 | 29.17 | 42.15 | 10.77 | 9.01 | 0.58 |
| Total Assets | 178.33 | 82.72 | 95.32 | 120.90 | 185.72 | 214.62 | 212.65 | 220.11 | 245.93 | 278.14 | 317.69 | 346.02 | 363.68 | 399.73 | 421.29 | 432.91 |
| Accounts Payable | 3.85 | 6.58 | 4.90 | 3.94 | 7.89 | 8.15 | 6.23 | 13.00 | 4.12 | 9.83 | 5.88 | 8.68 | 5.13 | 3.68 | 5.81 | 7.35 |
| Total Current Liabilities | 20.18 | 27.72 | 18.85 | 18.74 | 32.34 | 38.45 | 32.23 | 35.14 | 17.57 | 21.89 | 25.24 | 23.95 | 15.31 | 12.49 | 13.98 | 14.13 |
| Long-term Debt | 8.86 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 6.80 | 10.20 | 12.06 | 13.86 | 16.57 | 16.85 | 16.23 | 16.21 | 15.67 | 15.86 | 5.48 | 5.75 | 4.77 | 2.07 | 2.30 | 0.30 |
| Total Liabilities | 26.98 | 37.92 | 30.91 | 32.60 | 48.91 | 55.30 | 48.46 | 51.36 | 33.24 | 37.75 | 30.73 | 29.70 | 20.08 | 14.56 | 16.27 | 14.43 |
| Retained Earnings | (740.74) | (699.97) | (677.82) | (651.88) | (591.96) | (561.25) | (521.85) | (440.80) | (389.81) | (355.65) | (294.76) | (259.44) | (226.52) | (173.55) | (148.98) | (132.71) |
| Total Stockholder Equity | 151.35 | 44.80 | 64.42 | 88.30 | 136.81 | 159.32 | 164.20 | 168.75 | 212.69 | 240.39 | 286.96 | 316.32 | 343.60 | 385.17 | 405.01 | 418.48 |
* 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 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 13.61 | 17.65 | 17.44 | 18.02 | 23.89 | 23.53 | 26.47 | 34.65 | 31.72 | 41.78 | 45.77 | 29.48 | 24.76 | 25.20 | 29.38 | 26.75 | 17.07 | 20.89 | 18.21 | 11.21 |
| Selling, General & Admin | 5.36 | 5.38 | 5.09 | 5.45 | 7.93 | 7.08 | 6.10 | 6.87 | 6.05 | 6.24 | 7.51 | 7.30 | 7.44 | 7.02 | 7.30 | 7.04 | 7.67 | 7.58 | 6.36 | 5.09 |
| Total Operating Expenses | 18.97 | 23.02 | 22.53 | 26.65 | 31.82 | 30.61 | 32.57 | 41.53 | 37.76 | 48.02 | 53.28 | 36.78 | 32.20 | 32.22 | 36.68 | 33.79 | 24.75 | 28.47 | 24.58 | 16.30 |
| Operating Income | (18.97) | (23.02) | (22.53) | (26.65) | (31.82) | (30.61) | (32.57) | (41.52) | (37.76) | (48.02) | (53.27) | (36.78) | (32.20) | (32.22) | (36.68) | (33.79) | (24.75) | (28.47) | (24.58) | (16.30) |
| Interest Expense | 0.33 | 0.38 | 0.41 | 0.41 | 0.41 | 0.43 | 0.45 | 0.43 | 0.43 | 0.42 | 0.39 | 0.37 | 0.39 | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (28.46) | (24.57) | (16.27) |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (17.93) | (22.85) | (22.14) | (25.95) | (30.75) | (29.16) | (30.71) | (39.40) | (35.58) | (45.47) | (50.99) | (34.16) | (30.18) | (30.71) | (35.32) | (32.92) | (24.53) | (28.44) | (24.57) | (16.27) |
| Basic EPS | (0.17) | (0.42) | (0.41) | (0.49) | (0.58) | (0.53) | (0.58) | (0.76) | (0.71) | (0.92) | (1.24) | (0.84) | (0.74) | (0.75) | (0.87) | (0.81) | -- | -- | -- | -- |
| Diluted EPS | (0.17) | (0.42) | (0.41) | (0.49) | (0.58) | (0.53) | (0.58) | (0.76) | (0.71) | (0.92) | (1.24) | (0.84) | (0.74) | (0.75) | (0.87) | (0.81) | -- | -- | -- | -- |
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 | (18.65) | (18.98) | (17.09) | (23.41) | (24.66) | (32.05) | (25.38) | (26.57) | (37.92) | (39.68) | (31.16) | (31.71) | (27.82) | (20.67) | (30.88) | (17.00) | (20.67) | (17.49) | (24.86) | (20.62) |
| Capital Expenditures | 0.05 | 0.05 | 0.06 | 0.05 | 0.06 | 0.06 | 0.15 | 0.09 | 0.15 | 0.15 | (1.30) | 1.74 | 0.69 | 0.39 | 0.19 | 0.26 | 0.59 | 0.26 | 0.40 | 0.00 |
| Free Cash Flow* | (18.70) | (19.03) | (17.15) | (23.45) | (24.72) | (32.11) | (25.52) | (26.66) | (38.07) | (39.83) | (29.86) | (33.45) | (28.51) | (21.06) | (31.07) | (17.25) | (21.26) | (17.75) | (25.25) | (20.62) |
| Investing Cash Flow | (105.04) | 11.23 | 21.39 | 22.32 | 27.65 | 33.18 | 25.69 | 0.91 | 26.47 | (16.67) | 12.82 | 6.21 | 42.30 | 10.94 | 13.70 | (76.13) | (183.92) | (4.52) | (0.40) | 0.00 |
| Financing Cash Flow | 139.60 | 0.68 | (0.16) | (0.22) | 0.07 | 0.33 | 0.25 | 27.15 | 3.09 | 59.17 | (0.11) | 0.34 | (0.11) | 9.49 | (0.14) | 0.42 | 0.08 | 0.52 | 0.44 | 0.73 |
* Derived from reported values
