Financial Statements — BBNX
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Cash & Equivalents | 30.21 | 38.49 | 35.08 | 42.45 |
| Short-term Investments | 169.31 | 190.20 | 214.65 | 189.02 |
| Accounts Receivable | 15.75 | 11.54 | 11.40 | 9.06 |
| Inventory | 23.73 | 20.37 | 17.32 | 15.73 |
| Total Current Assets | 247.99 | 270.03 | 286.08 | 261.92 |
| Property, Plant & Equipment | 10.16 | 7.39 | 6.47 | 5.52 |
| Total Non-current Assets* | 56.43 | 60.02 | 43.90 | 76.11 |
| Total Assets | 304.42 | 330.05 | 329.97 | 338.02 |
| Accounts Payable | 2.32 | 4.46 | 3.42 | 3.45 |
| Total Current Liabilities | 23.19 | 25.39 | 19.49 | 16.49 |
| Total Non-current Liabilities* | 9.98 | 9.90 | 8.85 | 7.78 |
| Total Liabilities | 33.17 | 35.29 | 28.34 | 24.27 |
| Retained Earnings | (391.83) | (356.47) | (342.26) | (325.39) |
| Total Stockholder Equity | 271.25 | 294.76 | 301.63 | 313.75 |
* 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 |
|---|
| Total Revenue | 27.63 | 32.12 | 27.25 | 23.24 | 17.64 | 20.44 |
| Cost of Revenue | 11.19 | 13.18 | 12.13 | 10.74 | 8.67 | 8.75 |
| Gross Profit | 16.44 | 18.94 | 15.12 | 12.50 | 8.97 | 11.69 |
| Research & Development | 10.36 | 10.13 | 8.20 | 8.87 | 7.59 | 9.21 |
| Selling, General & Admin | 9.62 | 8.60 | 7.92 | 7.88 | 6.62 | 4.71 |
| Total Operating Expenses | 40.71 | 35.07 | 32.16 | 32.38 | 27.61 | 24.73 |
| Operating Income | (24.27) | (16.12) | (17.04) | (19.87) | (18.64) | (13.04) |
| Net Income | (21.89) | (13.47) | (14.21) | (16.87) | (28.66) | (18.11) |
| Basic EPS | (0.49) | (0.16) | (0.33) | (0.39) | (0.93) | (2.70) |
| Diluted EPS | (0.49) | (0.16) | (0.33) | (0.39) | (0.93) | (2.70) |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Operating Cash Flow | (23.83) | (8.63) | (8.73) | (13.59) | (19.98) |
| Capital Expenditures | 1.38 | 1.90 | 1.28 | 1.78 | 0.33 |
| Free Cash Flow* | (25.21) | (10.53) | (10.01) | (15.37) | (20.31) |
| Investing Cash Flow | 21.84 | 0.66 | 9.49 | 6.17 | (179.12) |
| Financing Cash Flow | 0.62 | 1.06 | 2.65 | 0.04 | 211.12 |
* Derived from reported values
