Financial Statements — BLIN
Balance Sheet
(in millions USD)| Metric | Q2
2026 | 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 | 1.37 | 1.48 | 2.10 | 2.75 | 1.48 | 1.20 | 1.30 | 1.41 | 2.61 | 2.82 | 2.51 | 3.89 | 4.69 | 6.36 | 4.77 | 3.50 | 1.28 |
| Accounts Receivable | 1.40 | 1.59 | 1.40 | 1.40 | 1.17 | 1.53 | 1.46 | 1.25 | 1.00 | 1.15 | 1.59 | 1.76 | 1.42 | 1.26 | 1.33 | 0.72 | 0.86 |
| Total Current Assets | 3.47 | 3.69 | 4.09 | 4.73 | 3.13 | 3.06 | 3.15 | 3.12 | 4.01 | 4.43 | 4.67 | 6.03 | 6.60 | 8.02 | 7.08 | 5.15 | 2.73 |
| Property, Plant & Equipment | 0.05 | 0.05 | 0.05 | 0.05 | 0.07 | 0.09 | 0.08 | 0.11 | 0.19 | 0.21 | 0.24 | 0.28 | 0.24 | 0.25 | 0.25 | 0.24 | 0.23 |
| Goodwill | 8.47 | 8.47 | 8.47 | 8.47 | 8.47 | 8.47 | 8.47 | 8.47 | 15.99 | 15.99 | 15.99 | 15.99 | 15.99 | 15.99 | 15.96 | 8.02 | 5.56 |
| Intangible Assets | 2.81 | 2.99 | 3.36 | 3.54 | 3.72 | 4.09 | 4.28 | 4.54 | 5.24 | 5.58 | 5.93 | 6.61 | 6.96 | 7.35 | 8.16 | 3.86 | 2.40 |
| Total Non-current Assets* | 11.85 | 12.05 | 12.06 | 12.29 | 12.42 | 12.90 | 13.13 | 13.48 | 21.93 | 22.38 | 22.81 | 23.38 | 23.72 | 24.14 | 24.98 | 12.78 | 8.88 |
| Total Assets | 15.32 | 15.74 | 16.15 | 17.02 | 15.55 | 15.97 | 16.28 | 16.60 | 25.94 | 26.81 | 27.48 | 29.40 | 30.32 | 32.16 | 32.06 | 17.93 | 11.60 |
| Accounts Payable | 1.24 | 1.50 | 1.68 | 1.81 | 1.77 | 1.13 | 1.20 | 1.13 | 1.14 | 1.25 | 1.20 | 1.10 | 1.28 | 1.36 | 2.17 | 1.24 | 1.13 |
| Total Current Liabilities | 5.21 | 5.23 | 5.29 | 5.48 | 5.08 | 4.60 | 4.60 | 4.38 | 4.89 | 5.13 | 5.07 | 6.36 | 6.98 | 6.02 | 12.84 | 6.46 | 3.97 |
| Long-term Debt | 0.21 | 0.24 | 0.35 | 0.41 | 0.41 | 0.52 | 0.61 | 0.65 | 0.74 | 0.76 | 1.07 | 1.16 | 1.31 | 1.74 | 2.04 | 2.12 | -- |
| Total Non-current Liabilities* | 0.88 | 0.96 | 0.91 | 0.95 | 0.91 | 1.02 | 1.18 | 1.29 | 1.84 | 1.81 | 2.10 | 2.35 | 3.32 | 6.59 | 10.89 | 6.08 | 4.38 |
| Total Liabilities | 6.09 | 6.18 | 6.20 | 6.43 | 6.00 | 5.63 | 5.78 | 5.67 | 6.73 | 6.93 | 7.18 | 8.71 | 10.30 | 12.61 | 23.73 | 12.54 | 8.35 |
| Retained Earnings | (94.57) | (94.14) | (93.69) | (92.90) | (92.17) | (91.11) | (90.80) | (90.20) | (81.51) | (80.73) | (80.22) | (79.67) | (80.07) | (80.42) | (78.91) | (75.30) | (74.74) |
| Total Stockholder Equity | 9.24 | 9.55 | 9.95 | 10.59 | 9.55 | 10.34 | 10.51 | 10.93 | 19.22 | 19.87 | 20.30 | 20.69 | 20.01 | 19.55 | 8.33 | 5.39 | 3.26 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | 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 |
|---|
| Total Revenue | 3.92 | 3.91 | 3.87 | 3.85 | 3.88 | 3.79 | 3.86 | 3.94 | 3.80 | 3.76 | 3.80 | 3.91 | 4.09 | 4.08 | 4.21 | 4.21 | 4.12 | 4.29 | 4.10 | 3.45 |
| Cost of Revenue | 1.40 | 1.33 | 1.33 | 1.30 | 1.26 | 1.26 | 1.21 | 1.23 | 1.28 | 1.20 | 1.21 | 1.27 | 1.26 | 1.28 | 1.23 | 1.27 | 1.33 | 1.28 | 1.32 | 1.19 |
| Gross Profit | 2.52 | 2.59 | 2.54 | 2.55 | 2.62 | 2.54 | 2.65 | 2.71 | 2.52 | 2.55 | 2.59 | 2.64 | 2.83 | 2.80 | 2.98 | 2.94 | 2.78 | 3.01 | 2.79 | 2.25 |
| Research & Development | 0.87 | 0.79 | 0.88 | 0.96 | 1.11 | 1.07 | 1.02 | 1.01 | 1.04 | 1.09 | 1.07 | 0.94 | 0.93 | 0.75 | 0.72 | 0.77 | 0.87 | 0.86 | 0.93 | 0.63 |
| Selling, General & Admin | 0.76 | 0.71 | 0.81 | 0.77 | 0.78 | 0.79 | 0.86 | 0.88 | 0.77 | 0.78 | 0.81 | 0.78 | 0.76 | 0.83 | 0.93 | 0.81 | 0.78 | 0.87 | 0.68 | 0.61 |
| Total Operating Expenses | 2.95 | 2.76 | 3.02 | 3.24 | 3.36 | 3.05 | 3.13 | 3.09 | 3.04 | 3.19 | 10.82 | 3.31 | 3.49 | 3.17 | 3.39 | 3.34 | 3.39 | 3.49 | 3.41 | 2.87 |
| Operating Income | (0.43) | (0.17) | (0.48) | (0.69) | (0.74) | (0.51) | (0.48) | (0.38) | (0.52) | (0.63) | (8.23) | (0.66) | (0.66) | (0.36) | (0.41) | (0.40) | (0.61) | (0.48) | (0.62) | (0.61) |
| Pretax Income | (0.43) | (0.08) | (0.42) | (0.78) | (0.72) | (0.63) | (0.49) | (0.30) | (0.60) | (0.62) | (8.18) | (0.77) | (0.50) | (0.07) | (0.46) | 0.41 | 0.35 | 1.88 | (1.36) | (4.78) |
| Tax Provision | 0.01 | 0.01 | (0.05) | 0.01 | 0.01 | 0.01 | (0.06) | 0.01 | 0.01 | 0.01 | (0.12) | 0.01 | 0.01 | 0.01 | 0.02 | 0.00 | 0.01 | 0.00 | 0.00 | (1.18) |
| Net Income | (0.43) | (0.09) | (0.36) | (0.79) | (0.73) | (0.63) | (0.43) | (0.30) | (0.60) | (0.62) | (8.06) | (0.78) | (0.51) | (0.08) | (0.48) | 0.40 | 0.35 | 1.87 | (1.36) | (3.61) |
| Basic EPS | (0.04) | (0.01) | (0.02) | (0.07) | (0.10) | (0.06) | (0.04) | (0.03) | (0.06) | (0.06) | (0.78) | (0.07) | (0.05) | (0.01) | (0.04) | 0.04 | 0.03 | 0.18 | (0.49) | (0.61) |
| Diluted EPS | (0.04) | (0.01) | (0.02) | (0.07) | (0.10) | (0.06) | (0.04) | (0.03) | (0.06) | (0.06) | (0.78) | (0.07) | (0.05) | (0.01) | 0.07 | 0.04 | 0.03 | 0.06 | (0.49) | (0.61) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | 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 | (0.04) | (0.04) | (0.34) | (0.56) | (0.37) | 0.18 | 0.22 | 0.00 | (0.09) | (0.90) | (0.07) | (0.18) | 0.61 | (0.08) | 0.86 | (0.11) | (0.96) | 0.08 | (1.33) | 0.14 |
| Capital Expenditures | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.03 | 0.06 | 0.01 | 0.02 | 0.03 | 0.03 |
| Free Cash Flow* | (0.06) | (0.05) | (0.35) | (0.57) | (0.37) | 0.17 | 0.21 | (0.02) | (0.09) | (0.90) | (0.07) | (0.19) | 0.60 | (0.09) | 0.84 | (0.17) | (0.97) | 0.06 | (1.35) | 0.11 |
| Investing Cash Flow | (0.03) | (0.02) | -- | -- | -- | -- | -- | -- | -- | -- | -0.00 | (0.01) | (0.01) | (0.01) | (0.03) | (0.09) | (0.01) | (0.06) | (0.08) | (4.79) |
| Financing Cash Flow | (0.12) | -- | (0.11) | (0.10) | 1.57 | -- | (0.02) | (0.08) | (0.02) | (0.08) | (0.01) | (0.06) | (0.28) | (0.30) | (1.81) | (0.52) | (0.65) | (2.50) | 5.51 | 5.86 |
* Derived from reported values
