Financial Statements — BOXL
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
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 | 6.89 | 11.81 | 7.61 | 10.49 | 7.51 | 11.81 | 18.42 | 15.59 | 11.27 | 21.95 | 11.62 | 11.27 | 6.22 | 7.44 | 10.00 |
| Accounts Receivable | 13.81 | 19.68 | 21.44 | 25.39 | 29.15 | 26.52 | 40.42 | 37.64 | 33.55 | 51.25 | 41.15 | 30.03 | 47.91 | 36.12 | 22.92 |
| Inventory | 36.62 | 26.07 | 28.19 | 42.32 | 37.85 | 39.16 | 44.14 | 37.81 | 44.68 | 49.44 | 45.29 | 49.09 | 30.90 | 20.87 | 22.56 |
| Total Current Assets | 65.49 | 69.93 | 66.20 | 87.36 | 85.12 | 86.49 | 111.08 | 101.05 | 96.88 | 131.65 | 108.15 | 98.31 | 99.43 | 77.89 | 60.88 |
| Property, Plant & Equipment | 1.68 | 1.94 | 2.09 | 2.32 | 2.51 | 2.66 | 1.50 | 1.55 | 1.63 | 1.68 | 1.52 | 1.45 | 0.63 | 0.58 | 0.61 |
| Goodwill | -- | -- | -- | -- | -- | -- | 11.97 | 25.47 | 25.31 | 24.52 | 25.15 | 25.78 | 23.08 | 23.35 | 23.26 |
| Intangible Assets | 14.52 | 19.58 | 22.33 | 41.70 | 42.00 | 43.82 | 46.55 | 49.87 | 51.23 | 51.91 | 56.81 | 62.08 | 50.26 | 53.31 | 54.87 |
| Total Non-current Assets* | 25.18 | 29.66 | 33.00 | 54.04 | 53.65 | 55.90 | 69.30 | 81.27 | 82.68 | 82.85 | 88.54 | 94.81 | 74.21 | 77.41 | 78.86 |
| Total Assets | 90.67 | 99.59 | 99.20 | 141.40 | 138.77 | 142.38 | 180.37 | 182.31 | 179.56 | 214.50 | 196.69 | 193.12 | 173.64 | 155.30 | 139.74 |
| Accounts Payable | 23.27 | 15.68 | 11.72 | 26.05 | 22.71 | 24.69 | 35.99 | 21.11 | 23.17 | 48.41 | 33.39 | 26.13 | 32.95 | 26.11 | 14.37 |
| Short-term Debt | 1.27 | 36.69 | 39.03 | 1.68 | 3.11 | 1.06 | 1.02 | 3.81 | 0.85 | 9.22 | 9.16 | 9.06 | 23.93 | 18.88 | 22.14 |
| Total Current Liabilities | 40.23 | 68.41 | 66.74 | 41.53 | 38.46 | 39.89 | 49.65 | 36.25 | 35.26 | 69.38 | 54.32 | 48.71 | 67.41 | 51.18 | 39.10 |
| Long-term Debt | 34.14 | 36.69 | 39.03 | 38.79 | 40.25 | 38.46 | 44.38 | 47.18 | 44.41 | 53.28 | 53.40 | 51.03 | -- | -- | -- |
| Total Non-current Liabilities* | 52.45 | 22.14 | 24.58 | 64.82 | 64.32 | 64.90 | 71.58 | 66.66 | 66.04 | 69.85 | 70.32 | 68.39 | 22.80 | 24.47 | 24.41 |
| Total Liabilities | 92.68 | 90.54 | 91.32 | 106.34 | 102.78 | 104.79 | 121.22 | 102.91 | 101.29 | 139.23 | 124.63 | 117.09 | 90.20 | 75.65 | 63.51 |
| Retained Earnings | (162.94) | (146.76) | (140.57) | (115.90) | (112.84) | (111.36) | (86.60) | (68.85) | (68.04) | (63.02) | (66.13) | (66.16) | (54.16) | (54.89) | (52.67) |
| Total Stockholder Equity | (2.01) | (19.46) | (20.63) | 6.54 | 7.48 | 9.08 | 30.64 | 50.89 | 49.76 | 46.76 | 43.55 | 47.52 | 54.93 | 51.14 | 47.35 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
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 | Q1
2021 |
|---|
| Total Revenue | 22.44 | 26.63 | 29.34 | 30.85 | 24.00 | 36.29 | 38.51 | 37.09 | 38.81 | 49.67 | 47.05 | 41.19 | 42.81 | 68.74 | 59.63 | 50.60 | 43.99 | 61.01 | 46.75 | 33.42 |
| Cost of Revenue | 15.50 | 20.37 | 20.80 | 20.06 | 16.65 | 24.04 | 23.99 | 24.28 | 26.50 | 31.65 | 29.22 | 26.04 | 28.42 | 47.72 | 42.79 | 37.99 | 34.65 | 45.21 | 33.92 | 24.87 |
| Gross Profit | 6.94 | 6.26 | 8.54 | 10.79 | 7.35 | 12.25 | 14.53 | 12.82 | 12.31 | 18.01 | 17.83 | 15.15 | 14.40 | 21.02 | 16.83 | 12.62 | 9.34 | 15.80 | 12.83 | 8.55 |
| Research & Development | 0.94 | 1.11 | 1.12 | 1.13 | 0.95 | 1.02 | 0.99 | 1.17 | 1.05 | 0.98 | 0.53 | 0.60 | 0.62 | 0.60 | 0.65 | 0.61 | 0.52 | 0.36 | 0.48 | 0.47 |
| Selling, General & Admin | 8.35 | 8.16 | 8.73 | 13.57 | 22.63 | 12.09 | 12.32 | 15.25 | 15.89 | 15.41 | 15.23 | 14.73 | 14.62 | 13.95 | 15.30 | 15.46 | 14.43 | 11.93 | 10.80 | 10.11 |
| Total Operating Expenses | 11.84 | 11.87 | 12.48 | 14.70 | 23.57 | 13.11 | 13.31 | 16.42 | 28.91 | 29.61 | 15.75 | 15.33 | 15.24 | 14.56 | 15.95 | 16.07 | 14.94 | 12.29 | 11.28 | 10.59 |
| Operating Income | (4.90) | (5.61) | (3.94) | (3.91) | (16.23) | (0.86) | 1.22 | (3.60) | (16.60) | (11.60) | 2.08 | (0.18) | (0.84) | 6.46 | 0.88 | (3.45) | (5.60) | 3.51 | 1.55 | (2.03) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 2.61 | 2.62 | 2.99 | 2.79 | 2.45 | 2.59 | 2.60 | 2.42 | 2.32 | 0.73 | 0.87 | 0.76 | 1.02 |
| Pretax Income | (6.91) | (10.45) | (6.44) | (4.44) | (19.38) | (3.07) | (1.57) | (6.22) | (19.18) | (14.68) | (0.56) | (2.87) | (2.44) | 3.63 | 0.07 | (4.94) | (7.77) | 2.12 | 0.30 | (5.15) |
| Tax Provision | (0.38) | (0.78) | (0.26) | 0.27 | (2.68) | (0.01) | (0.09) | 0.87 | (1.51) | 3.07 | 0.26 | 0.05 | (0.43) | 0.52 | 0.04 | (0.09) | (0.58) | 1.39 | 2.52 | (0.02) |
| Net Income | (6.52) | (9.66) | (6.18) | (4.72) | (16.71) | (3.06) | (1.48) | (7.09) | (17.67) | (17.75) | (0.81) | (2.92) | (2.02) | 3.11 | 0.03 | (4.86) | (7.14) | 0.73 | (2.22) | (5.17) |
| Basic EPS | (2.25) | (34.87) | (1.88) | (1.53) | (13.83) | (0.34) | (0.18) | (0.76) | (2.22) | (1.90) | (0.12) | (0.04) | (0.04) | 0.04 | 0.00 | (0.07) | (0.11) | 0.01 | -- | -- |
| Diluted EPS | (2.25) | (34.87) | (1.88) | (1.53) | (13.83) | (0.34) | (0.18) | (0.76) | (2.22) | (1.90) | (0.12) | (0.04) | (0.03) | 0.03 | 0.00 | (0.07) | (0.11) | 0.01 | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
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 | Q1
2021 |
|---|
| Operating Cash Flow | (5.05) | (1.53) | 1.29 | (3.10) | 1.65 | 5.22 | (5.37) | (1.94) | 3.34 | 8.23 | 1.91 | (1.90) | 0.69 | 7.38 | (1.45) | (5.42) | 10.75 | (8.51) | (3.01) | (1.56) |
| Capital Expenditures | 0.04 | (0.06) | 0.16 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.96 | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (5.09) | (1.47) | 1.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 6.42 | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.04) | 0.06 | 0.00 | (0.16) | (0.23) | 0.13 | (0.02) | (0.39) | (1.09) | (0.13) | (0.02) | (0.08) | (0.15) | (0.40) | (0.13) | (0.53) | (33.06) | (0.09) | (0.66) | (0.19) |
| Financing Cash Flow | 3.07 | (2.34) | 2.43 | 3.31 | (2.76) | (2.96) | 1.21 | (2.62) | (5.02) | (3.99) | 1.99 | (0.99) | (9.57) | 3.82 | 1.53 | (0.91) | 33.98 | 7.30 | 0.61 | (0.75) |
* Derived from reported values
