Financial Statements — CALC
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 | 8.16 | 5.47 | 5.92 | 12.56 | 9.15 | 5.06 | 6.76 | 11.64 | 19.08 | 24.39 | 10.17 | 13.87 | 8.36 | 11.45 | 7.86 | 10.59 |
| Short-term Investments | 0.00 | 8.61 | 12.04 | 12.07 | 5.45 | 14.08 | 18.95 | 2.95 | -- | 9.78 | 33.46 | 36.82 | 46.92 | 61.10 | 65.72 | 75.10 |
| Total Current Assets | 8.56 | 14.85 | 18.96 | 25.22 | 15.69 | 20.44 | 26.60 | 15.27 | 20.05 | 34.50 | 45.07 | 51.73 | 58.22 | 74.50 | 76.05 | 88.82 |
| Property, Plant & Equipment | 0.04 | 0.05 | 0.11 | 0.12 | 0.13 | 0.14 | 0.15 | 0.19 | 0.20 | 0.13 | -- | 1.91 | 1.86 | 2.11 | 2.01 | 2.00 |
| Total Non-current Assets* | 0.05 | 0.06 | 0.12 | 0.13 | 0.53 | 0.61 | 0.53 | 0.57 | 0.20 | 0.17 | 0.29 | 2.30 | 2.36 | 2.14 | 6.77 | 2.03 |
| Total Assets | 8.61 | 14.91 | 19.08 | 25.35 | 16.21 | 21.05 | 27.13 | 15.85 | 20.25 | 34.67 | 45.36 | 54.02 | 60.59 | 76.64 | 82.82 | 90.85 |
| Accounts Payable | 1.68 | 1.13 | 1.91 | 2.02 | 1.54 | 2.14 | 1.54 | 1.42 | 1.74 | 2.06 | 0.50 | 1.01 | 0.54 | 2.07 | 2.10 | 1.96 |
| Total Current Liabilities | 5.31 | 3.68 | 3.48 | 4.46 | 3.78 | 3.91 | 4.29 | 3.69 | 4.02 | 12.65 | 3.76 | 4.33 | 4.23 | 4.49 | 4.14 | 6.28 |
| Total Non-current Liabilities* | 4.40 | 11.50 | 9.50 | 10.00 | 3.40 | 3.30 | 5.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.01 | 0.01 | 0.01 |
| Total Liabilities | 9.71 | 15.18 | 12.98 | 14.46 | 7.18 | 7.21 | 9.89 | 3.69 | 4.02 | 12.65 | 3.76 | 4.33 | 4.33 | 4.50 | 4.15 | 6.29 |
| Retained Earnings | (184.35) | (178.57) | (170.76) | (164.81) | (155.51) | (149.89) | (145.93) | (141.92) | (137.30) | (130.99) | (197.39) | (187.58) | (179.34) | (160.51) | (152.52) | (144.82) |
| Total Stockholder Equity | (1.10) | (0.27) | 6.10 | 10.89 | 9.03 | 13.84 | 17.25 | 12.16 | 16.22 | 22.02 | 41.60 | 49.69 | 56.26 | 72.14 | 78.67 | 84.56 |
* 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research & Development | 3.49 | 3.11 | 3.85 | 4.05 | 4.22 | 3.83 | 3.55 | 4.16 | 2.94 | 2.78 | 2.77 | 3.81 | 6.49 | 0.75 | 3.25 | 4.06 | 6.06 | 4.27 | 4.02 | 4.17 |
| Selling, General & Admin | 2.13 | 1.28 | 1.77 | 2.57 | 2.27 | 2.34 | 2.19 | 2.37 | 2.82 | 1.54 | 2.06 | 2.77 | 15.85 | 6.44 | 4.30 | 4.24 | 4.13 | 4.43 | 4.00 | 3.58 |
| Total Operating Expenses | 5.61 | 4.39 | 5.62 | 6.62 | 6.50 | 6.17 | 5.74 | 6.53 | 5.77 | 4.32 | 4.83 | 6.58 | 22.34 | 7.71 | 9.98 | 8.30 | 10.18 | 8.70 | 8.02 | 7.74 |
| Operating Income | (5.61) | (4.38) | (5.62) | (6.62) | (6.50) | (6.17) | (5.74) | (6.53) | (5.77) | (4.32) | (4.83) | (6.58) | (22.34) | (7.71) | (9.98) | (8.30) | (10.18) | (8.70) | (8.02) | (7.74) |
| Pretax Income* | 4.98 | (10.76) | (7.80) | (5.96) | (5.04) | (4.26) | (5.62) | (3.95) | 0.13 | (4.14) | (4.62) | (6.30) | (19.29) | -- | (9.81) | (8.24) | (10.15) | -- | (7.99) | (7.71) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | -- | 0.00 | 0.00 |
| Net Income | 4.98 | (10.76) | (7.80) | (5.96) | (5.04) | (4.26) | (5.62) | (3.95) | 0.13 | (4.15) | (4.62) | (6.30) | (19.29) | (7.40) | (9.81) | (8.24) | (10.15) | (8.68) | (7.99) | (7.71) |
| Basic EPS | 0.31 | (0.69) | (0.52) | (0.40) | (0.36) | (0.37) | (0.50) | (0.36) | 0.01 | 17.70 | (0.82) | (1.11) | (23.43) | (0.34) | (0.46) | (0.38) | -- | -- | -- | -- |
| Diluted EPS | 0.30 | (0.69) | (0.52) | (0.40) | (0.36) | (0.37) | (0.50) | (0.36) | 0.01 | 17.70 | (0.82) | (1.11) | (23.43) | (0.34) | (0.46) | (0.38) | -- | -- | -- | -- |
* 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 | (4.86) | (4.85) | (4.78) | (6.67) | (4.88) | (4.97) | (4.67) | (6.79) | (4.71) | (3.61) | (4.57) | (12.19) | (5.35) | (5.07) | (7.14) | (4.14) | (6.52) | (8.95) | (5.50) | (7.78) |
| Capital Expenditures | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | -- | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.14 | 0.17 | -- | 0.00 | 0.18 | 0.17 |
| Free Cash Flow* | (4.86) | (4.86) | (4.79) | (6.67) | (4.89) | (4.97) | (4.67) | (6.79) | -- | (3.61) | (4.57) | (12.27) | (5.36) | (5.07) | (7.28) | (4.31) | -- | (8.96) | (5.68) | (7.95) |
| Investing Cash Flow | 1.50 | 7.15 | 3.51 | 0.13 | (1.24) | (5.17) | 8.75 | 5.10 | (13.10) | (2.68) | (2.94) | 9.75 | 4.75 | 12.26 | 3.46 | 9.72 | 1.52 | 10.79 | 9.06 | 4.56 |
| Financing Cash Flow | 0.00 | 3.75 | 0.82 | (0.10) | 10.74 | 8.92 | 0.02 | (0.01) | 19.04 | 0.18 | 0.07 | (2.86) | 23.52 | (0.05) | (0.02) | (0.07) | -- | 0.08 | 0.03 | 0.50 |
* Derived from reported values