Financial Statements — APLS
Balance Sheet
(in billions 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 | 0.41 | 0.48 | 0.37 | 0.36 | 0.40 | 0.36 | 0.33 | 0.45 | 0.62 | 0.77 | 0.58 | 0.60 | 0.63 | 0.28 | 0.27 | 0.27 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.12 | 0.25 | 0.33 | 0.15 | 0.33 | 0.46 |
| Accounts Receivable | 0.44 | 0.35 | 0.21 | 0.24 | 0.28 | 0.30 | 0.27 | 0.17 | 0.11 | 0.03 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | -- |
| Inventory | 0.13 | 0.12 | 0.12 | 0.08 | 0.12 | 0.15 | 0.16 | 0.10 | 0.10 | 0.09 | 0.06 | 0.05 | 0.03 | 0.00 | 0.00 | -- |
| Total Current Assets | 1.03 | 0.99 | 0.76 | 0.73 | 0.83 | 0.86 | 0.81 | 0.80 | 0.89 | 0.95 | 0.83 | 0.96 | 1.10 | 0.48 | 0.66 | 0.77 |
| Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Non-current Assets* | 0.05 | 0.07 | 0.07 | 0.08 | 0.07 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 |
| Total Assets | 1.08 | 1.06 | 0.82 | 0.81 | 0.90 | 0.90 | 0.83 | 0.82 | 0.92 | 0.98 | 0.87 | 1.00 | 1.15 | 0.53 | 0.70 | 0.81 |
| Accounts Payable | 0.05 | 0.04 | 0.05 | 0.06 | 0.04 | 0.04 | 0.03 | 0.02 | 0.03 | 0.03 | 0.01 | 0.02 | 0.01 | 0.00 | 0.01 | 0.00 |
| Total Current Liabilities | 0.28 | 0.28 | 0.20 | 0.18 | 0.19 | 0.17 | 0.22 | 0.19 | 0.17 | 0.14 | 0.12 | 0.13 | 0.12 | 0.09 | 0.16 | 0.08 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | 0.09 | 0.09 | 0.09 | 0.09 | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.38 | 0.38 | 0.46 | 0.46 | 0.47 | 0.47 | 0.35 | 0.40 | 0.40 | 0.43 | 0.45 | 0.54 | 0.56 | 0.49 | 0.68 | 0.67 |
| Total Liabilities | 0.67 | 0.66 | 0.67 | 0.64 | 0.66 | 0.64 | 0.57 | 0.59 | 0.57 | 0.57 | 0.57 | 0.67 | 0.68 | 0.58 | 0.84 | 0.76 |
| Retained Earnings | (2.99) | (2.95) | (3.17) | (3.13) | (3.00) | (2.94) | (2.90) | (2.75) | (2.61) | (2.49) | (2.14) | (1.95) | (1.80) | (1.51) | (1.31) | (1.09) |
| Total Stockholder Equity | 0.41 | 0.40 | 0.16 | 0.16 | 0.24 | 0.26 | 0.27 | 0.23 | 0.35 | 0.41 | 0.31 | 0.33 | 0.46 | (0.06) | (0.14) | 0.05 |
* 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 | 268.30 | 199.91 | 458.58 | 178.49 | 166.80 | 212.53 | 196.83 | 199.69 | 172.33 | 146.38 | 110.40 | 94.97 | 44.85 | 22.66 | 22.06 | 16.32 | 14.38 | 60.29 | 5.65 | 0.62 |
| Research & Development | 76.96 | 74.23 | 68.19 | 67.02 | 86.42 | 76.35 | 88.57 | 77.95 | 84.70 | 69.28 | 79.42 | 95.66 | 110.03 | 99.42 | 95.21 | 101.66 | 90.95 | 78.18 | 87.73 | 95.94 |
| Selling, General & Admin | 124.32 | 147.10 | 142.68 | 131.14 | 129.35 | 121.48 | 121.98 | 128.08 | 129.51 | 141.70 | 145.65 | 111.37 | 102.09 | 84.37 | 78.41 | 63.20 | 51.19 | 41.46 | 45.76 | 48.97 |
| Total Operating Expenses | 241.83 | 251.06 | 235.40 | 211.78 | 250.13 | 238.69 | 244.11 | 229.13 | 234.42 | 230.89 | 247.48 | 215.41 | 219.93 | 186.72 | 174.99 | 164.95 | 143.38 | 149.69 | 133.65 | 194.91 |
| Operating Income | 26.47 | (51.14) | 223.18 | (33.29) | (83.33) | (26.17) | (47.28) | (29.44) | (62.09) | (84.52) | (137.08) | (120.44) | (175.08) | (164.05) | (152.94) | (148.62) | (129.00) | (89.40) | (127.99) | (194.29) |
| Pretax Income | 19.15 | (58.64) | 216.32 | (41.68) | (91.88) | (36.07) | (56.85) | (37.54) | (66.25) | (87.15) | (140.00) | (121.84) | (177.50) | (167.46) | (190.82) | (155.49) | (137.73) | (147.58) | -- | -- |
| Tax Provision | 0.50 | 0.31 | 0.60 | 0.47 | 0.34 | 0.29 | 0.59 | 0.11 | 0.17 | 1.42 | 0.23 | 0.19 | 0.28 | (1.47) | 0.45 | 0.49 | 1.21 | 0.35 | -- | -- |
| Net Income | 18.66 | (58.95) | 215.72 | (42.15) | (92.22) | (36.35) | (57.44) | (37.66) | (66.42) | (88.58) | (140.24) | (122.04) | (177.78) | (165.99) | (191.27) | (155.98) | (138.93) | (147.93) | (195.57) | (219.19) |
| Basic EPS | 0.15 | (0.46) | 1.71 | (0.33) | (0.74) | (0.30) | (0.46) | (0.30) | (0.54) | (0.70) | (1.17) | (1.02) | (1.56) | (1.50) | (1.75) | (1.46) | -- | -- | -- | -- |
| Diluted EPS | 0.15 | (0.40) | 1.67 | (0.33) | (0.74) | (0.30) | (0.46) | (0.30) | (0.54) | (0.70) | (1.17) | (1.02) | (1.56) | (1.50) | (1.75) | (1.46) | -- | -- | -- | -- |
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 | (60.97) | (14.18) | 108.47 | 4.45 | (53.41) | 19.36 | 34.10 | (8.34) | (132.98) | (97.87) | (169.08) | (150.15) | (177.62) | (140.74) | (154.42) | (107.02) | (111.56) | (112.50) | (168.62) | (128.69) |
| Capital Expenditures | -- | 0.11 | 0.15 | 0.05 | 0.01 | 0.02 | 0.00 | 0.09 | 0.29 | 0.10 | 0.05 | 0.37 | 0.26 | 0.85 | 0.20 | 0.39 | 0.09 | 0.02 | 0.35 | 0.25 |
| Free Cash Flow* | -- | (14.28) | 108.32 | 4.40 | (53.42) | 19.34 | 34.10 | (8.43) | (133.28) | (97.97) | (169.13) | (150.53) | (177.88) | (141.59) | (154.61) | (107.41) | (111.65) | (112.52) | (168.98) | (128.94) |
| Investing Cash Flow | -- | (0.11) | (0.15) | (0.05) | (0.01) | (0.02) | 0.00 | (0.09) | (0.29) | 0.00 | (0.05) | (0.37) | (0.26) | 124.13 | 124.78 | 82.93 | (271.95) | 84.98 | 179.65 | 129.75 |
| Financing Cash Flow | 0.06 | 1.26 | 0.79 | 6.56 | 0.27 | (4.00) | 2.54 | 42.49 | 108.21 | (3.91) | 5.75 | 1.56 | 391.11 | (15.95) | 9.64 | (4.74) | 376.70 | 383.96 | 2.12 | 4.53 |
* Derived from reported values
