Financial Statements — BNRG
Balance Sheet
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Cash & Equivalents | 2.13 | 6.97 | 6.74 |
| Accounts Receivable | -- | 0.28 | -- |
| Inventory | 1.24 | 0.63 | 0.60 |
| Total Current Assets | 4.16 | 8.18 | 8.74 |
| Property, Plant & Equipment | 4.61 | 4.81 | -- |
| Total Non-current Assets | 5.19 | 5.74 | 5.55 |
| Total Assets | 9.34 | 13.92 | -- |
| Accounts Payable | 0.74 | -- | -- |
| Total Current Liabilities | 3.20 | 2.76 | 2.83 |
| Total Non-current Liabilities | 4.94 | 4.63 | 6.60 |
| Total Liabilities | 8.15 | 7.39 | -- |
| Retained Earnings | (109.65) | (97.01) | (111.90) |
| Total Stockholder Equity | 1.19 | 6.54 | 4.87 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Total Revenue | 0.39 | 0.58 | 0.58 |
| Cost of Revenue | 1.86 | 0.41 | -- |
| Gross Profit | (1.47) | (0.61) | -- |
| Research & Development | 2.41 | 1.81 | -- |
| Selling, General & Admin | 2.08 | 2.31 | -- |
| Total Operating Expenses | 5.10 | 4.81 | -- |
| Operating Income | (6.57) | (5.37) | -- |
| Interest Expense | 0.22 | 0.09 | -- |
| Net Income | (7.45) | (1.58) | -- |
| Basic EPS | (3.79) | (0.45) | (0.29) |
| Diluted EPS | (3.79) | (0.45) | (0.29) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2025 | Q2
2024 | Q2
2023 |
|---|
| Operating Cash Flow | (5.27) | (3.86) | (3.02) |
| Capital Expenditures | 0.01 | 0.03 | -- |
| Free Cash Flow* | (5.27) | (3.89) | -- |
| Investing Cash Flow | (0.13) | (0.25) | (2.01) |
| Financing Cash Flow | 3.35 | 7.97 | 5.71 |
* Derived from reported values
