Financial Statements — BGLC
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 | 1.34 | 1.15 | 0.81 | 2.09 | 4.14 | 5.41 | 5.83 | 6.15 | 1.76 | 1.97 | 1.46 | 1.34 | 1.84 | 1.70 | 1.48 | 2.47 |
| Accounts Receivable | 0.08 | 1.52 | 1.85 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 0.67 | 1.01 | 1.22 | 1.18 | 1.39 | 1.03 | 1.08 | 1.11 | 1.17 | 0.90 | 1.10 | 1.51 | 1.65 | 1.49 | 1.70 | 1.47 |
| Total Current Assets | 5.20 | 5.63 | 6.38 | 6.54 | 7.04 | 7.84 | 7.91 | 8.27 | 5.23 | 5.46 | 5.41 | 5.77 | 6.60 | 7.40 | 7.10 | 7.56 |
| Property, Plant & Equipment | 1.58 | 1.57 | 1.59 | 1.52 | 1.73 | 1.35 | 1.47 | 1.50 | 1.40 | 1.48 | 1.44 | 1.53 | 1.63 | 1.65 | 1.68 | 1.71 |
| Total Non-current Assets | 3.84 | 1.99 | 3.04 | 2.94 | 3.96 | 3.30 | 3.26 | 3.20 | 2.67 | 2.73 | 2.39 | 2.60 | 2.57 | 2.36 | 2.35 | 2.34 |
| Total Assets | 9.04 | 7.62 | 9.42 | 9.48 | 11.00 | 11.14 | 11.16 | 11.47 | 7.90 | 8.19 | 7.80 | 8.37 | 9.18 | 9.77 | 9.45 | 9.90 |
| Accounts Payable | -- | -- | -- | 1.18 | 1.03 | 0.95 | 1.43 | 1.57 | 1.82 | 1.49 | 1.28 | 1.42 | 1.83 | -- | -- | -- |
| Total Current Liabilities | 0.80 | 0.68 | 1.76 | 1.56 | 1.41 | 1.40 | 1.72 | 1.64 | 1.88 | 1.56 | 1.33 | 1.50 | 1.98 | 2.66 | 2.58 | 3.04 |
| Total Non-current Liabilities | 0.15 | 0.13 | 0.14 | 0.15 | 0.19 | 0.19 | 0.10 | 0.13 | 0.06 | 0.07 | 0.04 | 0.04 | 0.06 | 0.05 | 0.06 | 0.07 |
| Total Liabilities | 0.95 | 0.80 | 1.90 | 1.71 | 1.61 | 1.59 | 1.82 | 1.78 | 1.94 | 1.63 | 1.37 | 1.55 | 2.05 | 2.71 | 2.63 | 3.11 |
| Retained Earnings | (6.97) | (5.39) | (4.68) | (4.07) | (3.09) | (1.75) | (1.95) | (1.78) | 0.83 | 1.09 | 1.31 | 1.39 | 1.53 | 1.42 | 1.13 | 1.10 |
| Total Stockholder Equity* | 8.09 | 6.82 | 7.52 | 7.77 | 9.39 | 9.55 | 9.34 | 9.69 | 5.96 | 6.56 | 6.42 | 6.82 | 7.13 | 7.05 | 6.81 | 6.79 |
* 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 | 0.48 | 2.54 | 2.26 | 2.14 | 2.52 | 2.63 | 1.97 | 2.38 | 2.27 | 2.55 | 2.57 | 2.38 | 2.84 | 2.58 | 2.49 | 3.03 | 3.25 | 3.58 | 3.09 |
| Cost of Revenue | 0.02 | 0.49 | 2.17 | 1.89 | 1.79 | 2.21 | 2.30 | 1.69 | 2.02 | 2.01 | 2.20 | 2.23 | 2.01 | 2.46 | 2.28 | 2.24 | 2.70 | 2.79 | 2.89 | 2.62 |
| Gross Profit | -0.00 | -0.00 | 0.38 | 0.37 | 0.34 | 0.31 | 0.33 | 0.29 | 0.37 | 0.27 | 0.35 | 0.34 | 0.37 | 0.38 | 0.30 | 0.24 | 0.33 | 0.46 | 0.69 | 0.47 |
| Research & Development | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 0.33 | 0.18 | 0.45 | 0.52 | 0.39 | (1.56) | 2.13 | 0.76 | 0.65 | (0.02) | 3.08 | 0.81 | 0.54 | 0.53 | 0.42 | 0.43 | 0.35 | 0.16 | 0.36 | 0.38 |
| Total Operating Expenses* | 0.60 | 3.16 | 1.19 | 1.19 | (1.05) | (7.18) | 3.91 | 0.03 | 0.44 | 0.01 | 2.88 | 0.61 | 0.42 | 0.51 | 0.36 | 0.38 | 0.30 | 0.25 | 0.32 | 0.33 |
| Operating Income | (0.54) | (1.03) | (0.70) | (0.61) | (0.62) | (0.42) | (1.34) | 0.26 | (0.08) | 0.26 | (2.53) | (0.27) | (0.05) | (0.12) | (0.07) | (0.14) | 0.03 | 0.20 | 0.37 | 0.14 |
| Interest Expense | -- | -- | -- | -- | -- | -- | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | (0.54) | (1.04) | (0.71) | (0.62) | (0.62) | (0.42) | (1.34) | 0.25 | (0.08) | 0.25 | (2.53) | (0.28) | (0.05) | (0.13) | (0.07) | (0.14) | -- | -- | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | (0.06) | (0.02) | (0.10) | 0.08 | -- | 0.02 | (0.08) | 0.01 | -0.00 | 0.01 | -- | (0.08) | 0.11 |
| Net Income | (0.54) | (1.04) | (0.71) | (0.62) | (0.62) | (0.35) | (1.35) | 0.20 | (0.10) | 0.31 | (2.61) | (0.33) | -- | (0.16) | (0.08) | (0.14) | 0.02 | 0.09 | 0.30 | 0.03 |
| Diluted EPS | (0.22) | -- | (0.39) | (0.34) | (0.04) | 0.55 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
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 | (0.15) | 0.96 | (1.24) | (0.74) | (0.82) | (0.07) | (1.46) | (0.67) | (0.03) | (0.26) | (0.90) | (0.02) | (0.12) | 0.47 | 0.31 | (0.20) | (0.04) | 0.48 | 0.35 | (0.94) |
| Capital Expenditures | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.22 | -- | -- | (0.15) | 0.13 | 0.01 | 0.00 | 0.02 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | (0.15) | 0.96 | (1.24) | (0.76) | (0.83) | (0.07) | (1.68) | -- | -- | (0.11) | (1.03) | (0.04) | (0.12) | 0.46 | 0.30 | (0.20) | (0.07) | 0.48 | 0.35 | (0.94) |
| Investing Cash Flow | (0.01) | (0.01) | 0.99 | (0.03) | (0.02) | 0.49 | (0.18) | 0.08 | 0.02 | (0.01) | (0.36) | -0.00 | (0.01) | (0.05) | 0.02 | (0.22) | (0.20) | (0.08) | (0.09) | (0.03) |
| Financing Cash Flow | 0.06 | 0.27 | 0.03 | -0.00 | -0.00 | 0.15 | (0.20) | 0.17 | 0.02 | 0.01 | 5.75 | -0.00 | -- | 0.00 | 0.00 | 0.12 | 0.00 | -0.00 | (0.01) | (0.01) |
* Derived from reported values