Financial Statements — ATER
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 | 2.32 | 7.59 | 10.50 | 14.34 | 16.07 | 20.33 | 17.55 | 27.96 | 28.87 | 33.91 | 26.00 | 34.78 | 44.28 | 37.47 | 61.93 | 34.99 |
| Accounts Receivable | 0.00 | 2.46 | 3.03 | 3.39 | 3.26 | 3.76 | 2.38 | 3.27 | 4.78 | 3.49 | 4.93 | 7.05 | 5.87 | 9.29 | 16.26 | 7.19 |
| Inventory | 0.05 | 17.16 | 18.50 | 18.14 | 16.56 | 18.38 | 18.52 | 31.49 | 36.68 | 40.38 | 60.46 | 76.12 | 75.43 | 71.27 | 75.51 | 55.03 |
| Total Current Assets | 21.17 | 30.43 | 35.31 | 39.38 | 40.86 | 48.19 | 43.59 | 68.68 | 75.66 | 84.65 | 101.85 | 128.79 | 139.02 | 130.87 | 166.43 | 121.79 |
| Property, Plant & Equipment | 0.65 | 0.74 | 0.72 | 0.69 | 0.75 | 0.73 | 0.75 | 0.79 | 0.84 | 0.83 | 0.86 | 0.95 | 1.15 | 1.30 | 1.35 | 0.17 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | 90.92 | 90.92 | 118.62 | 118.62 | -- |
| Intangible Assets | 0.00 | 8.58 | 8.98 | 9.37 | 10.15 | 10.55 | 10.96 | 12.02 | 12.43 | 36.39 | 56.27 | 61.34 | 63.21 | 67.36 | 69.11 | -- |
| Total Non-current Assets* | 1.02 | 9.72 | 10.11 | 10.43 | 11.28 | 11.66 | 12.09 | 13.35 | 13.81 | 37.98 | 59.69 | 155.86 | 158.00 | 190.82 | 192.64 | 144.19 |
| Total Assets | 22.20 | 40.15 | 45.42 | 49.82 | 52.14 | 59.85 | 55.67 | 82.03 | 89.47 | 122.62 | 161.53 | 284.65 | 297.02 | 321.69 | 359.06 | 265.98 |
| Accounts Payable | 0.94 | 4.55 | 6.12 | 6.16 | 5.62 | 8.81 | 4.06 | 12.46 | 11.82 | 8.96 | 13.49 | 20.46 | 22.89 | 24.64 | 39.46 | 26.48 |
| Total Current Liabilities | 12.46 | 17.28 | 20.89 | 22.55 | 21.26 | 28.69 | 22.35 | 38.58 | 40.75 | 42.41 | 60.58 | 83.39 | 99.16 | 66.53 | 161.69 | 106.04 |
| Total Non-current Liabilities* | 0.22 | 0.23 | 0.24 | 0.23 | 0.25 | 0.28 | 0.38 | 1.54 | 1.56 | 1.45 | 1.67 | 0.41 | 0.51 | 42.50 | 21.60 | 121.48 |
| Total Liabilities | 12.67 | 17.51 | 21.13 | 22.78 | 21.51 | 28.97 | 22.72 | 40.12 | 42.31 | 43.85 | 62.25 | 83.80 | 99.67 | 109.03 | 183.29 | 227.52 |
| Retained Earnings | (736.79) | (722.71) | (720.43) | (715.57) | (710.38) | (708.61) | (704.98) | (692.11) | (685.84) | (651.05) | (604.95) | (488.04) | (471.73) | (422.35) | (311.79) | (275.49) |
| Total Stockholder Equity | 9.53 | 22.64 | 24.29 | 27.04 | 30.63 | 30.89 | 32.95 | 41.91 | 47.16 | 78.77 | 99.28 | 200.85 | 197.35 | 212.66 | 175.78 | 38.47 |
* 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 | 0.02 | 15.13 | 19.02 | 19.46 | 15.36 | 24.61 | 26.24 | 27.98 | 20.21 | 32.76 | 39.67 | 35.26 | 34.88 | 54.90 | 66.33 | 58.27 | 41.67 | 63.32 | 68.12 | 68.19 |
| Cost of Revenue | 0.01 | 6.64 | 8.35 | 8.90 | 5.94 | 9.00 | 10.41 | 11.09 | 7.05 | 16.05 | 20.09 | 20.37 | 15.78 | 34.53 | 36.14 | 26.92 | 18.07 | 34.44 | 33.95 | 35.45 |
| Gross Profit | 0.01 | 8.49 | 10.67 | 10.57 | 9.42 | 15.61 | 15.83 | 16.89 | 13.17 | 16.71 | 19.58 | 14.90 | 19.10 | 20.37 | 30.19 | 31.35 | 23.61 | 28.88 | 34.17 | 32.74 |
| Research & Development | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.81 | 0.85 | 1.71 | 1.25 | 1.43 | 1.71 | 1.73 | 1.14 | 2.62 | 2.77 | 2.32 |
| Selling, General & Admin | 2.92 | 2.79 | 2.88 | 2.71 | 3.46 | 3.53 | 3.65 | 4.93 | 5.23 | 3.65 | 4.33 | 6.28 | 5.96 | 8.76 | 10.37 | 9.57 | 9.54 | 13.29 | 10.84 | 9.99 |
| Total Operating Expenses | 3.22 | 16.22 | 12.71 | 15.07 | 13.12 | 17.22 | 17.56 | 20.10 | 18.45 | 24.95 | 26.10 | 51.33 | 44.09 | 43.17 | 139.13 | 41.48 | 59.90 | 32.15 | 41.70 | 28.28 |
| Operating Income | (3.21) | (7.73) | (2.04) | (4.50) | (3.70) | (1.61) | (1.73) | (3.20) | (5.28) | (8.24) | (6.52) | (36.44) | (24.99) | (22.80) | (108.94) | (10.12) | (36.30) | (3.27) | (7.53) | 4.47 |
| Interest Expense | 0.23 | 0.21 | 0.28 | 0.25 | 0.22 | 0.26 | 0.27 | 0.30 | 0.39 | 0.50 | 0.49 | 0.54 | 0.60 | 0.65 | 0.90 | 0.34 | 0.80 | 0.78 | 2.92 | 4.80 |
| Pretax Income | (3.43) | (7.96) | (2.26) | (4.85) | (3.88) | (1.41) | (1.98) | (3.42) | (5.09) | (8.72) | (6.18) | (34.76) | (25.77) | (20.44) | (116.98) | (16.48) | (42.78) | (6.14) | (110.53) | (36.26) |
| Tax Provision | 0.00 | (0.01) | 0.02 | 0.01 | 0.02 | (0.11) | (0.21) | 0.21 | 0.07 | (1.01) | 0.09 | 0.03 | 0.03 | (0.13) | (0.07) | (0.17) | -- | 0.47 | 0.02 | 0.04 |
| Net Income | (6.13) | (7.95) | (2.28) | (4.86) | (3.90) | (1.30) | (1.77) | (3.63) | (5.16) | (7.71) | (6.27) | (34.79) | (25.80) | (20.30) | (116.90) | (16.31) | (42.78) | (6.61) | (110.56) | (36.31) |
| Basic EPS | (0.69) | (0.96) | (0.28) | (0.63) | (0.52) | (0.15) | (0.25) | (0.52) | (0.76) | (0.08) | (0.08) | (0.45) | (0.34) | (0.17) | (1.81) | (0.26) | -- | -- | -- | -- |
| Diluted EPS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.45) | (0.34) | (0.17) | (1.81) | (0.26) | -- | -- | -- | -- |
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 | (0.36) | (1.04) | (1.57) | (4.42) | (3.87) | (0.01) | (0.72) | 2.90 | (0.01) | (4.93) | 0.40 | (1.44) | (7.42) | 2.06 | 2.57 | (8.94) | (13.17) | (1.52) | (7.61) | (24.34) |
| Capital Expenditures | 0.00 | 0.01 | 0.04 | 0.01 | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 0.04 | (0.04) | 0.00 | 0.13 | -- | -- | -- | -- | 0.02 | (0.03) | 0.02 |
| Free Cash Flow* | (0.37) | (1.05) | (1.61) | (4.42) | (3.87) | (0.01) | (0.72) | 2.86 | (0.04) | (4.97) | 0.44 | (1.44) | (7.54) | -- | -- | -- | -- | (1.54) | (7.58) | (24.36) |
| Investing Cash Flow | -0.00 | -0.00 | (0.04) | (0.01) | 0.00 | 0.00 | 0.00 | (0.01) | (0.24) | (0.04) | (0.01) | (0.03) | (0.16) | (0.65) | (0.01) | 0.00 | (0.02) | (0.02) | 0.06 | (29.65) |
| Financing Cash Flow | (2.11) | (1.65) | (1.25) | (0.05) | 0.44 | 0.81 | (3.38) | (0.14) | (2.20) | (3.60) | (0.96) | (3.56) | (2.98) | 15.77 | (10.24) | (0.25) | 21.72 | 0.30 | (16.65) | 73.42 |
* Derived from reported values
