Financial Statements — ANNX
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 175.21 | 139.42 | 132.29 | 97.12 | 79.54 | 157.30 | 151.94 | 133.16 | 113.61 | 210.66 | 104.61 | 112.83 | 68.52 | 99.59 | 206.67 |
| Total Current Assets | 228.27 | 192.82 | 230.62 | 268.16 | 344.29 | 373.97 | 270.74 | 169.17 | 197.56 | 274.78 | 181.37 | 211.25 | 275.50 | 304.39 | 330.52 |
| Property, Plant & Equipment | 10.11 | 11.15 | 11.65 | 12.19 | 13.17 | 13.70 | 14.24 | 15.31 | 15.83 | 17.09 | 17.42 | 17.81 | 12.22 | 5.13 | 1.43 |
| Total Non-current Assets* | 34.62 | 36.32 | 33.95 | 34.87 | 34.48 | 32.12 | 33.33 | 34.65 | 35.45 | 37.95 | 39.33 | 39.32 | 34.66 | 27.39 | 2.60 |
| Total Assets | 262.89 | 229.14 | 264.57 | 303.03 | 378.78 | 406.09 | 304.07 | 203.82 | 233.01 | 312.72 | 220.70 | 250.57 | 310.16 | 331.78 | 333.12 |
| Accounts Payable | 17.53 | 18.22 | 11.52 | 10.44 | 6.75 | 4.13 | 3.97 | 4.81 | 7.16 | 6.92 | 10.30 | 9.38 | 4.80 | 4.18 | 4.52 |
| Total Current Liabilities | 35.94 | 43.58 | 40.64 | 33.55 | 20.05 | 17.15 | 13.13 | 17.17 | 17.89 | 20.22 | 20.25 | 17.05 | 11.92 | 10.28 | 10.70 |
| Total Non-current Liabilities* | 22.42 | 24.12 | 24.91 | 25.69 | 27.17 | 27.86 | 28.53 | 29.81 | 30.40 | 31.90 | 32.41 | 32.90 | 33.76 | 26.17 | 0.95 |
| Total Liabilities | 58.36 | 67.70 | 65.56 | 59.24 | 47.22 | 45.01 | 41.66 | 46.98 | 48.29 | 52.12 | 52.66 | 49.96 | 45.68 | 36.45 | 11.64 |
| Retained Earnings | (961.53) | (869.13) | (814.21) | (765.05) | (662.11) | (627.28) | (597.67) | (544.61) | (512.13) | (403.88) | (368.82) | (331.69) | (258.94) | (223.35) | (192.00) |
| Total Stockholder Equity | 204.53 | 161.44 | 199.02 | 243.79 | 331.56 | 361.08 | 262.40 | 156.84 | 184.72 | 260.60 | 168.04 | 200.61 | 264.48 | 295.33 | 321.48 |
* 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 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Research & Development | 35.79 | 42.66 | 49.70 | 44.16 | 48.18 | 43.35 | 30.11 | 25.03 | 20.96 | 23.27 | 27.89 | 30.25 | 28.54 | 27.86 | 29.11 | 27.00 | 27.22 | 27.58 | 24.57 | 20.70 |
| Selling, General & Admin | 10.27 | 7.60 | 7.32 | 7.57 | 9.23 | 9.13 | 9.34 | 8.55 | 7.61 | 6.74 | 6.89 | 7.44 | 8.16 | 8.21 | 8.30 | 8.43 | 10.30 | 8.10 | 6.80 | 5.45 |
| Total Operating Expenses | 46.05 | 50.26 | 57.02 | 51.73 | 57.41 | 52.48 | 39.44 | 33.58 | 28.57 | 30.01 | 34.78 | 37.69 | 36.70 | 36.07 | 37.41 | 35.43 | 37.51 | 35.68 | 31.37 | 26.15 |
| Operating Income | (46.05) | (50.26) | (57.02) | (51.73) | (57.40) | (52.48) | (39.44) | (33.58) | (28.57) | (30.01) | (34.78) | (37.69) | (36.69) | (36.07) | (37.41) | (35.43) | (37.51) | (35.68) | (31.37) | (26.15) |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (35.60) | (31.29) | -- |
| Net Income | (44.14) | (48.26) | (54.92) | (49.16) | (54.36) | (48.59) | (34.82) | (29.61) | (25.18) | (27.89) | (32.48) | (35.19) | (34.38) | (35.05) | (37.14) | (35.37) | (37.42) | (35.60) | (31.29) | (26.01) |
| Basic EPS | (0.23) | (0.26) | (0.37) | (0.34) | (0.37) | (0.32) | (0.25) | (0.23) | (0.21) | (0.35) | (0.43) | (0.47) | (0.39) | (0.51) | (0.96) | -- | -- | -- | -- | -- |
| Diluted EPS | (0.23) | (0.26) | (0.37) | (0.34) | (0.37) | (0.32) | (0.25) | (0.23) | (0.21) | (0.35) | (0.43) | (0.47) | (0.39) | (0.51) | (0.96) | -- | -- | -- | -- | -- |
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 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | (46.80) | (45.93) | (52.30) | (38.07) | (50.05) | (36.01) | (32.01) | (21.71) | (28.27) | (23.48) | (32.99) | (69.37) | (27.14) | (30.72) | (28.16) | (30.29) | (28.32) | (29.71) | (24.66) | (23.42) |
| Capital Expenditures | 0.00 | 0.00 | 0.05 | 0.02 | 0.07 | 0.01 | 0.01 | -- | -- | 0.01 | 0.14 | 0.17 | 0.28 | 0.17 | 0.86 | 5.21 | 0.86 | 0.77 | 0.00 | 0.03 |
| Free Cash Flow* | (46.80) | (45.93) | (52.35) | (38.09) | (50.13) | (36.02) | (32.02) | -- | -- | (23.48) | (33.13) | (69.54) | (27.42) | (30.89) | (29.02) | (35.50) | (29.18) | (30.48) | (24.66) | (23.45) |
| Investing Cash Flow | 27.06 | (26.52) | 45.87 | 73.08 | 97.62 | 1.01 | (45.93) | (96.58) | (77.30) | (2.18) | 19.52 | 25.05 | (43.61) | 14.10 | 19.71 | 68.25 | 33.70 | (1.28) | (83.07) | (37.58) |
| Financing Cash Flow | 32.90 | 95.08 | 13.56 | 0.15 | 0.06 | 4.97 | 0.18 | 123.65 | 32.41 | 117.60 | 17.58 | 17.93 | 0.11 | 122.67 | 0.11 | 0.02 | 0.95 | (0.07) | 0.65 | 0.27 |
* Derived from reported values
