Financial Statements — AVAI
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.05 | 0.09 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | -- | 0.03 | 0.02 | 0.02 |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | 0.06 | 0.01 | 0.01 | 0.06 | 0.06 | -- | -- | 0.23 |
| Total Current Assets | 0.06 | 0.11 | 0.02 | 0.03 | 0.01 | 0.06 | 0.04 | 0.00 | 0.15 | 0.20 | 0.00 | 0.29 | 0.53 | 0.38 | 0.46 | 0.69 |
| Property, Plant & Equipment | 0.00 | -- | -- | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | 0.00 |
| Intangible Assets | 0.11 | 0.12 | 0.13 | 0.15 | 0.17 | 0.19 | 0.25 | -- | -- | -- | -- | -- | -- | 0.18 | 0.19 | 0.21 |
| Total Non-current Assets* | 0.11 | 0.12 | 0.13 | 0.15 | 0.17 | 0.19 | 0.25 | 0.26 | 0.14 | 0.14 | 0.27 | 0.14 | 0.17 | 0.03 | 0.03 | 0.03 |
| Total Assets | 0.17 | 0.23 | 0.15 | 0.17 | 0.18 | 0.24 | 0.29 | 0.27 | 0.28 | 0.34 | 0.27 | 0.43 | 0.70 | 0.63 | 0.68 | 0.87 |
| Accounts Payable | 1.40 | 1.21 | 1.12 | 1.56 | 1.25 | 1.52 | 0.85 | 0.14 | 0.09 | 0.07 | 0.12 | 0.02 | 0.03 | 0.44 | 0.08 | 0.21 |
| Short-term Debt | -- | -- | 0.03 | 0.03 | 0.12 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.97 | 2.53 | 2.14 | 2.31 | 1.99 | 2.33 | 1.69 | 1.26 | 0.82 | 0.76 | 1.27 | 0.84 | 0.76 | 0.97 | 0.61 | 0.80 |
| Total Non-current Liabilities* | 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 | (1.30) | (0.53) | 0.48 |
| Total Liabilities* | 2.97 | 2.53 | 2.14 | 2.31 | 1.99 | 2.33 | 1.69 | 1.26 | 0.82 | 0.76 | 1.27 | 0.84 | 0.76 | (0.33) | 0.07 | 0.80 |
| Retained Earnings | (5.61) | (5.06) | (4.61) | (4.58) | (4.13) | (3.51) | (2.67) | 1.66 | 0.72 | 0.61 | 1.26 | 0.49 | 0.14 | (0.39) | 0.03 | 0.03 |
| Total Stockholder Equity* | (2.79) | (2.30) | (1.99) | (2.14) | (1.81) | (2.08) | (1.40) | (0.99) | (0.54) | (0.42) | (0.99) | (0.42) | (0.07) | (0.33) | 0.07 | 0.07 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.21 | 0.00 | 0.10 | 0.01 | 0.33 | 0.15 | 0.25 | 0.50 | 0.27 |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | (0.14) | -- | -- | 0.07 | 0.01 | 0.02 | (0.05) | 0.29 | (0.09) | 0.19 | (0.35) | 0.09 |
| Research & Development | (0.01) | 0.00 | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 0.12 | 0.19 | 0.27 | 0.21 | (0.18) | 0.26 | 0.42 | 0.25 | (0.30) | 0.99 | 0.37 | 0.04 | 0.07 | 0.36 | 0.05 | 0.19 | 0.10 | 0.13 | 0.05 | 0.01 |
| Total Operating Expenses | 0.09 | 0.51 | 0.39 | 0.49 | (0.04) | 0.43 | 0.62 | 0.52 | 0.30 | -- | -- | 0.05 | 0.09 | 0.06 | 0.07 | 0.21 | 0.13 | 0.14 | 0.07 | 0.04 |
| Operating Income | (0.26) | (0.55) | (0.45) | (0.49) | (1.69) | -- | -- | -- | (3.95) | 1.01 | 0.40 | 0.11 | 0.08 | 0.41 | 0.01 | 0.35 | 0.17 | (0.17) | -- | -- |
| Pretax Income | -- | -- | -- | -- | -- | (0.45) | (0.62) | (0.53) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (0.26) | (0.55) | (0.45) | (0.49) | 0.46 | (0.45) | (0.62) | (0.53) | (0.30) | (1.01) | (0.40) | (0.11) | (0.08) | (0.41) | -- | -- | (0.17) | 0.01 | (0.42) | 0.05 |
| Basic EPS | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.01) | 0.00 | 0.01 | (0.01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- |
Cash Flow Statement
(in thousands USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | (50.83) | (347.13) | (371.55) | (240.34) | (187.50) | (134.35) | (826.05) | (12.70) | (136.52) | (705.67) | (480.13) | (32.59) | (46.18) | 59.73 | (94.94) | 395.34 | 234.62 | 50.35 | (104.50) | (56.85) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.04 | 1.17 | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 50.30 | (105.67) | -- |
| Investing Cash Flow | -- | -- | -- | -- | -- | -- | (149.00) | (149.00) | 0.00 | (298.00) | 149.00 | 0.00 | (115.49) | 149.00 | (67.44) | (1.22) | 0.43 | (75.00) | (1.43) | (0.42) |
| Financing Cash Flow | 23.57 | 305.53 | 453.48 | 169.35 | 265.48 | 135.65 | 827.38 | 12.87 | 135.91 | 705.09 | 523.14 | (17.66) | 17.66 | (101.77) | (66.23) | 540.45 | 182.34 | (46.19) | 109.77 | 15.90 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2019 |
|---|
| Dividends Per Share | 1,014.00 |
