Financial Statements — BOLT
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 | 11.61 | 17.75 | 9.60 | 8.39 | 9.37 | 6.20 | 4.26 | 9.16 | 13.45 | 14.84 | 10.62 | 22.62 | 44.02 | 23.65 | 58.30 | 95.48 |
| Short-term Investments | 11.28 | 14.16 | 25.17 | 30.45 | 44.43 | 67.50 | 87.09 | 110.56 | 112.42 | 111.54 | 160.51 | 153.72 | 146.88 | 189.24 | 186.69 | 171.19 |
| Total Current Assets | 25.75 | 35.61 | 38.34 | 42.51 | 57.15 | 76.63 | 95.06 | 125.47 | 130.67 | 131.61 | 174.83 | 181.26 | 196.09 | 222.49 | 248.15 | 271.21 |
| Property, Plant & Equipment | 1.04 | 1.50 | 1.72 | 2.07 | 3.57 | 4.08 | 4.50 | 5.27 | 5.61 | 6.04 | 6.91 | 6.53 | 6.64 | 5.63 | 4.55 | 3.91 |
| Total Non-current Assets* | 22.28 | 29.45 | 37.16 | 43.35 | 52.19 | 47.55 | 47.84 | 49.89 | 60.03 | 74.57 | 70.68 | 78.97 | 86.71 | 111.06 | 98.92 | 53.43 |
| Total Assets | 48.03 | 65.05 | 75.50 | 85.86 | 109.33 | 124.18 | 142.89 | 175.36 | 190.70 | 206.18 | 245.51 | 260.24 | 282.79 | 333.55 | 347.07 | 324.64 |
| Accounts Payable | 1.74 | 1.52 | 1.85 | 1.53 | 1.48 | 2.63 | 2.22 | 3.68 | 3.44 | 1.84 | 3.83 | 3.36 | 4.45 | 5.16 | 1.61 | 2.89 |
| Total Current Liabilities | 7.34 | 9.97 | 12.31 | 13.56 | 18.08 | 17.90 | 16.72 | 18.75 | 17.62 | 16.25 | 24.17 | 18.62 | 19.31 | 23.70 | 19.25 | 12.01 |
| Total Non-current Liabilities* | 20.86 | 22.99 | 24.35 | 25.49 | 19.22 | 20.42 | 22.01 | 28.35 | 30.95 | 32.24 | 32.89 | 33.65 | 35.09 | 34.94 | 31.93 | 9.38 |
| Total Liabilities | 28.21 | 32.95 | 36.66 | 39.05 | 37.30 | 38.32 | 38.73 | 47.10 | 48.56 | 48.50 | 57.06 | 52.27 | 54.40 | 58.64 | 51.18 | 21.39 |
| Retained Earnings | (468.02) | (454.15) | (447.00) | (438.44) | (411.47) | (396.29) | (375.10) | (346.38) | (330.12) | (312.07) | (275.09) | (253.33) | (230.67) | (179.83) | (156.44) | (132.85) |
| Total Stockholder Equity | 19.82 | 32.10 | 38.84 | 46.81 | 72.03 | 85.86 | 104.16 | 128.26 | 142.13 | 157.69 | 188.45 | 207.97 | 228.39 | 274.91 | 295.90 | 303.25 |
* 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 | 0.03 | 2.50 | 2.17 | 1.80 | 1.22 | 0.00 | 1.14 | 1.27 | 5.27 | 2.09 | 2.53 | 1.43 | 1.83 | 1.41 | 2.11 | 1.39 | 0.81 | 0.51 | 0.75 | 0.00 |
| Research & Development | 4.83 | 4.99 | 6.54 | 7.50 | 9.51 | 11.72 | 13.79 | 15.43 | 16.53 | 16.32 | 14.95 | 15.64 | 14.63 | 16.85 | 18.97 | 18.92 | 18.39 | 22.48 | 19.34 | 19.71 |
| Selling, General & Admin | 2.80 | 3.12 | 3.34 | 3.52 | 3.83 | 3.95 | 3.80 | 4.87 | 5.84 | 5.53 | 5.76 | 5.62 | 5.62 | 5.61 | 5.49 | 5.53 | 6.30 | 5.10 | 4.94 | 4.05 |
| Total Operating Expenses | 7.63 | 9.59 | 9.87 | 11.01 | 13.34 | 16.92 | 17.58 | 23.87 | 22.37 | 21.86 | 20.71 | 21.27 | 20.24 | 22.45 | 24.46 | 24.45 | 24.69 | 27.58 | 24.28 | 23.76 |
| Operating Income | (7.60) | (7.08) | (7.70) | (9.21) | (12.11) | (16.92) | (16.44) | (22.60) | (17.09) | (19.77) | (18.18) | (19.83) | (18.41) | (21.04) | (22.35) | (23.06) | (23.88) | (27.07) | (23.53) | (23.76) |
| Net Income | (7.24) | (6.63) | (7.14) | (8.56) | (11.04) | (15.94) | (15.18) | (21.19) | (10.81) | (17.90) | (16.26) | (18.06) | (16.98) | (20.00) | (21.76) | (22.66) | (23.68) | (27.16) | (23.39) | (23.58) |
| Basic EPS | (4.31) | (9.38) | (3.72) | (4.46) | (0.29) | (0.41) | (0.40) | (0.56) | (0.28) | (0.47) | (0.43) | (0.48) | (0.45) | (0.53) | (0.58) | -- | -- | -- | -- | -- |
| Diluted EPS | (4.31) | (9.38) | (3.72) | (4.46) | (0.29) | (0.41) | (0.40) | (0.56) | (0.28) | (0.47) | (0.43) | (0.48) | (0.45) | (0.53) | (0.58) | -- | -- | -- | -- | -- |
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 | (8.02) | (7.16) | (9.73) | (9.60) | (13.36) | (14.43) | (13.97) | (16.14) | (16.75) | (14.26) | (16.75) | (15.11) | (23.40) | (17.95) | (13.45) | (20.79) | (24.31) | (17.79) | (18.73) | (3.99) |
| Capital Expenditures | -- | 0.00 | 0.07 | -- | -- | 0.00 | 0.04 | 0.00 | 0.00 | 0.01 | 0.17 | 0.03 | 0.00 | 0.18 | 0.74 | 0.43 | 0.61 | 0.56 | 1.01 | 0.70 |
| Free Cash Flow* | -- | (7.16) | (9.80) | -- | -- | (14.43) | (14.01) | (16.14) | (16.75) | (14.27) | (16.91) | (15.14) | (23.40) | (18.14) | (14.19) | (21.22) | (24.92) | (18.36) | (19.74) | (4.69) |
| Investing Cash Flow | 7.92 | 1.07 | 17.88 | 10.79 | 14.55 | 12.23 | 17.14 | 18.00 | 10.20 | 15.81 | 12.66 | 13.58 | 28.99 | 16.43 | 1.45 | (0.87) | 40.85 | 21.03 | (16.11) | (46.60) |
| Financing Cash Flow | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.03 | 0.00 | 0.08 | -- | 0.11 | 0.00 | 0.15 | -- | 0.14 | 0.00 | 0.25 | 0.11 | 0.50 | 0.19 | 13.41 |
* Derived from reported values
