Financial Statements — ASNS
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 |
|---|
| Cash & Equivalents | 7.55 | 1.45 | 0.39 | 1.12 | 2.24 | 2.41 | 1.21 | 0.68 | 2.57 | 0.81 | 10.21 | 12.29 | 0.34 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | 0.20 | 0.25 | 0.81 | 0.81 | 0.07 | 0.07 | 0.26 |
| Accounts Receivable | 0.93 | 0.62 | 0.94 | 1.23 | 1.83 | 0.69 | 0.53 | -- | -- | -- | -- | -- | -- |
| Inventory | 2.29 | 2.68 | 2.52 | 2.51 | 2.37 | 2.16 | 2.61 | 2.70 | 1.81 | 1.27 | 1.06 | 0.91 | 0.93 |
| Total Current Assets | 11.45 | 5.92 | 4.83 | 5.85 | 7.22 | 6.54 | 6.19 | 5.42 | 7.87 | 6.56 | 14.75 | 18.28 | 3.92 |
| Property, Plant & Equipment | 0.07 | 0.03 | 0.03 | 0.04 | 0.05 | 0.06 | 0.06 | 0.07 | 0.07 | 0.08 | 0.11 | 0.10 | 0.11 |
| Total Non-current Assets | 1.38 | 1.01 | 1.15 | 1.26 | 1.53 | 1.82 | 4.33 | 5.74 | 5.70 | 5.44 | 1.58 | 1.28 | 1.41 |
| Total Assets | 12.83 | 6.93 | 5.98 | 7.11 | 8.75 | 8.36 | 10.52 | 11.16 | 13.57 | 12.00 | 16.33 | 19.56 | 5.33 |
| Short-term Debt | 0.35 | 0.41 | 0.31 | 0.08 | -- | -- | 0.57 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.61 | 3.48 | 4.24 | 3.74 | 5.08 | 6.47 | 8.89 | 6.63 | 6.72 | 6.37 | 5.59 | 6.48 | 12.19 |
| Long-term Debt | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.26 | 0.15 | 0.00 | -- | -- | -- | -- | -- |
| Total Non-current Liabilities | 1.90 | 0.49 | 0.49 | 0.56 | 0.61 | 0.75 | 3.14 | 3.59 | 5.47 | 4.21 | 5.17 | 5.33 | 11.77 |
| Total Liabilities | 4.52 | 3.97 | 4.73 | 4.30 | 5.69 | 7.22 | 12.03 | 10.22 | 12.19 | 10.59 | 10.76 | 11.80 | 23.96 |
| Retained Earnings | (54.78) | (49.80) | (47.82) | (45.92) | (42.26) | (41.75) | (41.67) | (37.76) | (36.89) | (35.30) | (30.92) | (28.71) | (27.06) |
| Total Stockholder Equity | 8.32 | 2.97 | 1.02 | 2.58 | 2.83 | 0.94 | (1.67) | 0.84 | 1.29 | 1.42 | 5.56 | 7.76 | (24.22) |
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 |
|---|
| Total Revenue | 0.96 | 1.37 | 0.64 | 0.94 | 0.72 | 1.06 | 2.54 | 3.43 | 0.73 | 1.02 | 0.85 | 1.90 | 1.85 | 2.53 | 1.35 | 3.08 | 1.87 |
| Cost of Revenue | 0.72 | 0.89 | 0.46 | 0.64 | 0.47 | 0.70 | 0.80 | 1.49 | 0.51 | 0.66 | 0.62 | 1.26 | 1.16 | 1.46 | 0.81 | 1.16 | 1.29 |
| Gross Profit | 0.24 | 0.48 | 0.18 | 0.31 | 0.25 | 0.36 | 1.74 | 1.94 | 0.22 | 0.35 | 0.23 | 0.63 | 0.69 | 1.07 | 0.54 | 1.92 | 0.58 |
| Research & Development | 0.69 | 0.69 | 0.59 | 0.68 | 0.68 | 0.59 | 0.54 | 0.60 | 0.65 | 0.59 | 0.69 | 0.67 | -- | -- | -- | -- | -- |
| Selling, General & Admin | 0.73 | 0.68 | 0.81 | 0.70 | 0.72 | 0.77 | 0.79 | 0.79 | 0.82 | 0.73 | 0.97 | 0.97 | 0.87 | 1.43 | 1.03 | 1.07 | 0.64 |
| Total Operating Expenses | 2.10 | 2.15 | 2.11 | 2.08 | 2.06 | 2.00 | 2.06 | 1.88 | 2.09 | 2.01 | 2.35 | 2.35 | 2.55 | 3.08 | 2.54 | 2.58 | 2.02 |
| Operating Income | (1.86) | (1.67) | (1.93) | (1.77) | (1.81) | (1.64) | (0.32) | 0.07 | (1.87) | (1.65) | (2.13) | (1.72) | (1.86) | (2.00) | (2.01) | (0.66) | (1.43) |
| Interest Expense | -- | -- | -- | -- | -- | (0.04) | (0.01) | 0.02 | (0.06) | (0.22) | 0.16 | 0.17 | 0.18 | 0.21 | -- | -- | -- |
| Net Income | (2.46) | (2.52) | (1.98) | (1.90) | (1.86) | (1.80) | (0.51) | (0.08) | (1.99) | (1.93) | (0.87) | (1.59) | (1.89) | (2.48) | (2.21) | (1.65) | (4.64) |
| Basic EPS | (0.16) | (5.08) | (0.17) | (0.21) | (0.22) | (0.25) | (0.09) | (0.01) | (0.50) | (0.52) | (0.32) | (0.68) | (1.09) | 1.61 | (0.13) | (0.17) | (2.26) |
| Diluted EPS | (0.16) | (5.08) | (0.17) | (0.21) | (0.22) | (0.25) | (0.09) | (0.01) | (0.50) | (0.52) | (0.32) | (0.68) | (1.09) | (0.07) | (0.13) | (0.17) | -- |
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 |
|---|
| Operating Cash Flow | (1.90) | (2.05) | (2.42) | (1.04) | (2.17) | (1.77) | (2.44) | (2.14) | (0.20) | (1.38) | (2.25) | (1.23) | (1.70) | (1.99) | (1.99) | (2.47) | (1.31) |
| Capital Expenditures | 0.05 | 0.00 | 0.01 | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.02 | 0.00 | 0.02 |
| Free Cash Flow* | (1.95) | (2.06) | (2.42) | -- | -- | (1.77) | (2.44) | (2.14) | (0.20) | (1.39) | (2.26) | (1.23) | (1.71) | (2.04) | (2.01) | (2.47) | (1.32) |
| Investing Cash Flow | (0.04) | -0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.20 | -0.00 | 2.39 | 0.75 | 1.01 | (0.33) | (3.93) | (0.01) | 0.19 | (0.28) |
| Financing Cash Flow | 5.13 | 4.68 | 3.48 | 0.31 | 1.33 | 1.47 | 1.62 | 0.17 | (0.16) | 1.18 | (0.19) | 3.02 | (0.24) | (0.74) | (0.19) | 14.50 | 1.72 |
* Derived from reported values
