Financial Statements — APRE
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 | 46.47 | 13.72 | 16.53 | 19.28 | 26.25 | 28.69 | 32.37 | 25.35 | 27.69 | 31.00 | 33.11 | 39.06 | 47.65 | 61.43 | 69.80 | 77.62 |
| Total Current Assets | 47.25 | 13.94 | 16.93 | 19.83 | 26.48 | 29.56 | 33.07 | 25.64 | 28.64 | 32.02 | 33.47 | 40.46 | 50.04 | 62.18 | 71.30 | 80.08 |
| Property, Plant & Equipment | 0.05 | 0.07 | 0.07 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
| Total Non-current Assets* | 0.37 | 0.38 | 0.38 | 0.39 | 0.41 | 0.40 | 0.13 | 0.13 | 0.04 | 0.00 | 0.15 | 0.22 | 0.29 | 0.31 | 0.25 | 0.31 |
| Total Assets | 47.61 | 14.32 | 17.31 | 20.22 | 26.89 | 29.96 | 33.20 | 25.77 | 28.68 | 32.02 | 33.62 | 40.68 | 50.34 | 62.48 | 71.55 | 80.39 |
| Accounts Payable | 2.94 | 0.64 | 1.20 | 1.28 | 1.15 | 0.96 | 1.32 | 0.86 | 1.13 | 0.83 | 1.14 | 3.99 | 1.99 | 2.55 | 2.36 | 3.46 |
| Total Current Liabilities | 5.30 | 2.68 | 3.17 | 3.36 | 3.64 | 3.09 | 2.97 | 4.17 | 3.95 | 4.23 | 4.00 | 7.68 | 6.72 | 9.04 | 10.60 | 11.21 |
| Total Non-current Liabilities* | 0.73 | 0.73 | 0.73 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.00 | 0.03 |
| Total Liabilities* | 6.02 | 3.41 | 3.90 | 4.67 | 4.95 | 4.41 | 4.28 | 5.48 | 3.95 | 4.23 | 4.00 | 7.68 | 6.75 | 9.07 | 10.60 | 11.25 |
| Retained Earnings | (336.93) | (331.19) | (328.21) | (324.97) | (318.15) | (314.36) | (310.89) | (304.64) | (301.44) | (298.18) | (291.35) | (287.33) | (189.07) | (173.38) | (163.93) | (153.68) |
| Total Stockholder Equity | 41.59 | 10.91 | 13.41 | 15.55 | 21.95 | 25.56 | 28.92 | 20.29 | 23.42 | 26.48 | 26.63 | (35.78) | 43.59 | 53.42 | 60.95 | 69.15 |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research & Development | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.09 | 4.46 | 6.02 | 6.65 |
| Selling, General & Admin | 1.82 | 1.64 | 1.48 | 1.59 | 1.76 | 1.07 | 1.61 | 1.85 | 1.93 | 1.64 | 1.72 | 1.70 | 3.37 | (1.73) | 3.08 | 15.63 | 3.99 | 3.37 | 3.41 | 3.34 |
| Total Operating Expenses | 3.43 | 2.65 | 3.12 | 3.51 | 4.25 | 3.43 | 4.45 | 4.41 | 3.53 | 3.69 | 3.84 | 3.90 | 4.62 | 2.65 | 4.20 | 98.47 | 8.07 | 7.83 | 9.43 | 10.00 |
| Operating Income | (3.43) | (2.64) | (3.12) | (3.39) | (4.09) | (3.23) | (4.10) | (3.85) | (3.15) | (3.67) | (3.52) | (3.65) | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income* | (3.29) | (2.46) | (2.97) | (3.24) | (3.93) | (2.89) | (3.78) | (3.47) | (2.81) | (3.44) | (3.20) | (3.26) | (4.38) | (2.44) | (4.02) | (98.26) | (7.94) | (7.76) | (9.45) | (10.25) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (3.29) | (2.46) | (2.97) | (3.24) | (3.93) | (2.89) | (3.78) | (3.47) | (2.81) | (3.44) | (3.20) | (3.26) | (4.38) | (2.44) | (4.02) | (98.26) | (7.94) | (7.76) | (9.45) | (10.25) |
| Basic EPS | (0.22) | (0.27) | (0.47) | (0.53) | (0.66) | (0.46) | (0.64) | (0.58) | (0.67) | (0.88) | (0.86) | (0.87) | (1.34) | (63.17) | (0.12) | (4.34) | (0.36) | (0.35) | (0.45) | -- |
| Diluted EPS | (0.22) | (0.27) | (0.47) | (0.53) | (0.66) | (0.56) | (0.64) | (0.58) | (0.67) | (0.89) | (0.85) | (0.87) | (1.34) | (63.34) | (0.12) | (4.34) | (0.36) | (0.35) | (0.45) | -- |
* 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 | (2.76) | (2.96) | (3.17) | (3.13) | (3.63) | (3.51) | (2.47) | (3.64) | (3.94) | (3.74) | (2.24) | (3.22) | (2.98) | (4.02) | (6.59) | (8.90) | (5.50) | (10.18) | (8.23) | (7.75) |
| Capital Expenditures | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.09 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | (3.51) | (2.47) | (3.65) | (3.94) | (3.75) | (2.33) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | -- | -- | -- | -- | -- | 0.00 | 0.00 | (0.01) | (0.01) | (0.01) | (0.09) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Financing Cash Flow | 34.62 | 3.84 | 0.36 | 0.38 | 0.06 | 0.13 | -0.00 | (0.02) | 14.71 | 0.00 | 0.00 | 0.00 | 5.14 | 0.10 | 0.58 | -- | -- | 1.66 | 0.09 | -- |
* Derived from reported values