Financial Statements — AXSM
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 | 0.31 | 0.33 | 0.30 | 0.30 | 0.33 | 0.32 | 0.33 | 0.42 | 0.44 | 0.25 | 0.23 | 0.07 | 0.08 | 0.11 | 0.14 | 0.16 |
| Accounts Receivable | 0.25 | 0.20 | 0.20 | 0.16 | 0.12 | 0.12 | 0.10 | 0.08 | 0.07 | 0.04 | 0.02 | 0.02 | -- | -- | -- | -- |
| Inventory | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | -- | -- | -- | -- |
| Total Current Assets | 0.61 | 0.57 | 0.54 | 0.49 | 0.48 | 0.46 | 0.46 | 0.51 | 0.52 | 0.30 | 0.25 | 0.10 | 0.09 | 0.12 | 0.14 | 0.17 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Goodwill | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -- | -- | -- | -- |
| Intangible Assets | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | -- | -- | -- | -- |
| Total Non-current Assets* | 0.10 | 0.10 | 0.10 | 0.10 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.09 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 0.71 | 0.67 | 0.64 | 0.60 | 0.56 | 0.55 | 0.55 | 0.60 | 0.61 | 0.39 | 0.34 | 0.18 | 0.09 | 0.12 | 0.14 | 0.17 |
| Accounts Payable | 0.11 | 0.05 | 0.09 | 0.09 | 0.06 | 0.06 | 0.05 | 0.03 | 0.04 | 0.04 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.44 | 0.36 | 0.34 | 0.24 | 0.20 | 0.19 | 0.14 | 0.11 | 0.11 | 0.10 | 0.06 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 |
| Long-term Debt | 0.12 | 0.12 | 0.12 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.15 | 0.09 | 0.09 | 0.05 | 0.05 | 0.05 | 0.05 |
| Total Non-current Liabilities* | 0.22 | 0.24 | 0.22 | 0.30 | 0.27 | 0.26 | 0.26 | 0.22 | 0.22 | 0.18 | 0.12 | 0.12 | 0.05 | 0.05 | 0.05 | 0.05 |
| Total Liabilities | 0.66 | 0.60 | 0.57 | 0.54 | 0.47 | 0.45 | 0.40 | 0.33 | 0.33 | 0.28 | 0.18 | 0.17 | 0.07 | 0.07 | 0.07 | 0.07 |
| Retained Earnings | (1.37) | (1.28) | (1.23) | (1.18) | (1.05) | (0.98) | (0.90) | (0.74) | (0.67) | (0.61) | (0.54) | (0.49) | (0.45) | (0.38) | (0.34) | (0.31) |
| Total Stockholder Equity | 0.05 | 0.07 | 0.07 | 0.05 | 0.09 | 0.10 | 0.14 | 0.27 | 0.28 | 0.11 | 0.16 | 0.02 | 0.01 | 0.04 | 0.07 | 0.10 |
* 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 | 191.20 | 196.00 | 170.99 | 150.04 | 121.46 | 118.77 | 104.76 | 87.17 | 75.00 | 71.53 | 57.79 | 46.70 | 94.58 | 24.37 | 16.85 | 8.82 | -- | -- | -- | -- |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.30 | 1.90 | 1.00 | -- | -- | -- | -- |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (27.97) | 14.95 | 7.82 | -- | -- | -- | (1.00) |
| Research & Development | 52.68 | 48.79 | 40.16 | 49.54 | 44.79 | 55.01 | 45.39 | 49.85 | 36.83 | 30.80 | 28.77 | 20.58 | 17.79 | 14.69 | 14.88 | 15.79 | 12.59 | 13.78 | 13.18 | 14.50 |
| Selling, General & Admin | 22.02 | 18.65 | 19.74 | 13.23 | 11.65 | 17.78 | 95.56 | 103.55 | 98.97 | 86.81 | 83.19 | 78.94 | 74.19 | 61.50 | 40.89 | 31.16 | 25.70 | 18.83 | 20.23 | 16.34 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 31.95 | 57.36 | 47.00 | 38.29 | 32.61 | 33.41 | 30.85 |
| Operating Income | (63.36) | (26.96) | (46.11) | (36.71) | (56.98) | (72.62) | (62.62) | (78.05) | (67.28) | (98.27) | (62.12) | (65.06) | (6.37) | (59.92) | (42.41) | (39.18) | (38.29) | (32.61) | (33.41) | (30.85) |
| Interest Expense | 3.09 | (3.21) | (3.37) | (4.09) | (5.26) | (5.43) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (64.54) | (28.13) | (47.23) | (48.93) | (59.41) | (74.83) | (64.60) | (79.34) | (68.36) | (98.98) | (62.88) | (67.79) | (8.64) | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.00 | 0.43 | 0.00 | (0.96) | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 | (0.32) | (0.68) | (0.62) | 2.58 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (64.54) | (28.56) | (47.23) | (47.97) | (59.41) | (74.91) | (64.60) | (79.34) | (68.36) | (98.65) | (62.20) | (67.17) | (11.22) | (61.24) | (44.82) | (41.44) | (39.63) | (33.98) | (34.88) | (32.28) |
| Basic EPS | (1.26) | (0.55) | (0.94) | (0.97) | (1.22) | (1.54) | (1.34) | (1.67) | (1.44) | (2.15) | (1.32) | (1.54) | (0.26) | (1.43) | (1.07) | (1.06) | -- | -- | -- | -- |
| Diluted EPS | (1.26) | (0.55) | (0.94) | (0.97) | (1.22) | (1.54) | (1.34) | (1.67) | (1.44) | (2.15) | (1.32) | (1.54) | (0.26) | (1.43) | (1.07) | (1.06) | -- | -- | -- | -- |
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 | (20.70) | (18.65) | 1.05 | (32.42) | (43.37) | (26.20) | (18.63) | (30.11) | (53.47) | (30.36) | (53.55) | (55.35) | (5.82) | (27.56) | (22.76) | (33.54) | (32.65) | (28.84) | (26.78) | (25.39) |
| Capital Expenditures | 0.12 | 0.07 | 0.06 | 0.01 | 0.34 | 0.03 | 0.09 | 0.05 | 0.10 | 0.01 | 0.37 | 0.13 | 0.07 | 0.18 | 0.07 | 0.24 | 0.21 | 0.00 | 0.26 | 0.02 |
| Free Cash Flow* | (20.82) | (18.72) | 0.99 | (32.44) | (43.71) | (26.23) | (18.72) | (30.16) | (53.56) | (30.37) | (53.92) | (55.48) | (5.89) | (27.74) | (22.82) | (33.78) | (32.87) | (28.84) | (27.03) | (25.41) |
| Investing Cash Flow | (0.12) | (0.07) | (0.06) | (0.01) | (0.34) | (0.03) | (0.09) | (0.05) | (0.10) | (0.01) | (0.37) | (0.13) | (0.07) | (0.18) | (0.07) | (53.24) | (0.21) | 0.00 | (0.26) | (0.02) |
| Financing Cash Flow | 2.99 | 16.39 | 21.27 | 34.54 | 29.27 | 14.24 | 30.41 | 14.38 | (1.19) | -0.00 | 33.37 | 246.08 | 51.57 | 1.07 | 176.95 | 75.46 | 31.10 | 0.69 | 0.44 | 1.97 |
* Derived from reported values
