Financial Statements — BEATW
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 |
|---|
| Cash & Equivalents | 2.04 | 1.86 | 3.26 | 4.39 | 5.77 | 9.16 | 12.64 | 19.18 | 17.40 | 0.99 | 6.55 | 9.27 | 11.20 | 0.80 |
| Inventory | 0.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 2.44 | 2.13 | 5.36 | 8.61 | 6.14 | 9.70 | 13.24 | 19.48 | 21.63 | 1.46 | -- | -- | -- | -- |
| Property, Plant & Equipment | 1.44 | 0.69 | 0.56 | 0.44 | 0.46 | 0.37 | 0.34 | 0.14 | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 1.49 | 0.75 | 0.62 | 0.50 | 0.51 | 0.43 | 0.40 | 0.17 | -- | -- | -- | -- | -- | -- |
| Total Assets | 3.93 | 2.88 | 5.98 | 9.11 | 6.66 | 10.13 | 13.64 | 19.65 | -- | -- | 6.67 | 9.74 | 12.74 | 0.96 |
| Accounts Payable | 0.75 | 1.02 | 0.81 | 0.52 | 1.86 | 1.42 | 1.10 | 1.02 | 0.57 | 2.32 | 0.93 | 0.77 | 0.51 | 0.70 |
| Total Current Liabilities | 3.29 | 2.47 | 1.80 | 1.58 | 1.86 | 1.42 | -- | -- | -- | -- | -- | -- | -- | 6.15 |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | 0.00 |
| Total Liabilities | 3.29 | 2.47 | 1.80 | 1.58 | 1.86 | 1.42 | 1.10 | 1.02 | 0.57 | 2.32 | 0.93 | 0.77 | 0.51 | 6.15 |
| Retained Earnings | (81.99) | (71.99) | (66.73) | (61.76) | (51.37) | (46.39) | (41.43) | (32.95) | (29.48) | (26.32) | (18.47) | (14.89) | (11.37) | (7.14) |
| Total Stockholder Equity | 0.64 | 0.41 | 4.18 | 7.53 | 4.80 | 8.71 | 12.54 | 18.63 | 21.06 | (0.86) | 5.74 | 8.97 | 12.23 | (5.19) |
* 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 |
|---|
| Research & Development | 2.37 | 3.35 | 3.28 | 3.33 | 3.49 | 2.89 | 2.89 | 2.84 | 2.43 | 2.01 | 1.62 | 1.48 | 1.68 | 1.64 | 1.56 | 1.74 | 0.73 | 0.10 | 0.11 |
| Selling, General & Admin | 2.35 | 1.95 | 2.01 | 1.71 | 2.01 | 2.06 | 2.18 | 2.25 | 2.36 | 2.10 | 2.11 | 1.83 | 2.48 | 2.10 | 2.05 | 1.79 | 1.41 | 1.24 | 0.34 |
| Total Operating Expenses | 4.72 | 5.31 | 5.29 | 5.04 | 5.50 | 4.94 | 5.07 | 5.09 | 4.78 | 4.11 | 3.74 | 3.31 | 4.16 | 3.74 | 3.61 | 3.54 | 2.15 | 1.34 | 0.45 |
| Operating Income | (4.72) | (5.31) | (5.29) | (5.04) | (5.50) | (4.94) | (5.07) | (5.09) | (4.78) | (4.11) | (3.74) | (3.31) | (4.16) | (3.74) | (3.61) | (3.53) | (2.15) | (1.34) | (0.45) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.74 | 0.74 |
| Pretax Income | (4.70) | (5.30) | (5.25) | (4.97) | (5.48) | (4.91) | (4.98) | (4.96) | (4.61) | (3.88) | (3.47) | (3.15) | (4.14) | (3.71) | (3.58) | (3.52) | (2.15) | (2.08) | (1.19) |
| Tax Provision | 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 | 0.00 | 0.00 | 0.00 |
| Net Income | (4.70) | (5.30) | (5.25) | (4.97) | (5.48) | (4.91) | (4.98) | (4.96) | (4.61) | (3.88) | (3.47) | (3.15) | (4.14) | (3.71) | (3.58) | (3.52) | (2.15) | (2.08) | (1.19) |
| Basic EPS | (0.12) | (0.14) | (0.15) | (0.15) | (0.18) | (0.18) | (0.19) | (0.19) | (0.17) | 0.07 | (0.13) | (0.16) | (0.50) | (0.45) | (0.44) | (0.43) | (0.27) | (0.40) | (0.32) |
| Diluted EPS | (0.12) | (0.14) | (0.15) | (0.15) | (0.18) | (0.18) | (0.19) | (0.19) | (0.17) | 0.07 | (0.13) | (0.16) | (0.50) | (0.45) | (0.44) | (0.43) | (0.27) | (0.40) | (0.32) |
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 |
|---|
| Operating Cash Flow | (3.61) | (2.91) | (3.16) | (3.44) | (4.48) | (4.15) | (3.31) | (3.55) | (3.46) | (2.86) | (2.10) | (4.02) | (3.11) | (2.95) | (2.72) | (1.93) | (2.34) | (2.44) | (0.79) |
| Capital Expenditures | 0.25 | 0.42 | 0.08 | 0.10 | 0.00 | 0.00 | 0.10 | 0.01 | 0.09 | 0.11 | 0.14 | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (3.86) | (3.32) | (3.24) | (3.55) | (4.48) | (4.15) | (3.41) | (3.56) | (3.55) | (2.97) | (2.24) | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.25) | (0.42) | 1.72 | 1.86 | (3.76) | 0.00 | (0.10) | (0.01) | (0.09) | (0.11) | 3.80 | (3.94) | -- | -- | -- | -- | -- | -- | -- |
| Financing Cash Flow | 1.52 | 5.85 | 0.05 | 0.45 | 10.25 | 0.76 | 0.02 | 0.08 | 0.00 | 0.00 | 0.11 | 24.37 | 0.51 | 0.00 | 0.00 | 0.00 | 0.35 | 14.84 | 1.56 |
* Derived from reported values
