Financial Statements — CDLX
Balance Sheet
(in billions 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 | Q1
2021 |
|---|
| Cash & Equivalents | 0.04 | 0.04 | 0.05 | 0.05 | 0.07 | 0.07 | 0.10 | 0.09 | 0.09 | 0.14 | 0.14 | 0.16 | 0.21 | 0.24 | 0.25 |
| Short-term Investments | 0.02 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.06 | 0.09 | 0.09 | 0.10 | 0.11 | 0.10 | 0.11 | 0.10 | 0.10 | 0.09 | 0.10 | 0.09 | 0.10 | 0.08 | 0.07 |
| Total Current Assets | 0.13 | 0.14 | 0.15 | 0.16 | 0.18 | 0.19 | 0.22 | 0.21 | 0.20 | 0.25 | 0.25 | 0.26 | 0.32 | 0.34 | 0.34 |
| Property, Plant & Equipment | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Goodwill | 0.11 | 0.11 | 0.16 | 0.16 | 0.16 | 0.28 | 0.28 | 0.35 | 0.35 | 0.35 | 0.67 | 0.67 | 0.75 | 0.72 | 0.72 |
| Intangible Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 | 0.04 | 0.05 | 0.05 | 0.11 | 0.12 | 0.13 | 0.13 | 0.14 |
| Total Non-current Assets* | 0.14 | 0.15 | 0.21 | 0.21 | 0.22 | 0.35 | 0.35 | 0.43 | 0.43 | 0.44 | 0.82 | 0.83 | 0.91 | 0.89 | 0.89 |
| Total Assets | 0.26 | 0.29 | 0.36 | 0.37 | 0.40 | 0.53 | 0.57 | 0.63 | 0.63 | 0.68 | 1.07 | 1.09 | 1.23 | 1.22 | 1.23 |
| Accounts Payable | 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 | 0.01 |
| Short-term Debt | -- | 0.05 | 0.05 | 0.05 | 0.05 | -- | -- | 0.03 | 0.03 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 0.06 | 0.12 | 0.13 | 0.13 | 0.16 | 0.10 | 0.10 | 0.18 | 0.17 | 0.19 | 0.25 | 0.29 | 0.25 | 0.27 | 0.26 |
| Long-term Debt | 0.20 | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.26 | 0.26 | 0.26 | 0.26 | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.21 | 0.17 | 0.17 | 0.17 | 0.17 | 0.22 | 0.27 | 0.23 | 0.23 | 0.26 | 0.23 | 0.23 | 0.27 | 0.26 | 0.26 |
| Total Liabilities | 0.27 | 0.30 | 0.30 | 0.30 | 0.33 | 0.32 | 0.37 | 0.41 | 0.40 | 0.45 | 0.49 | 0.53 | 0.52 | 0.54 | 0.52 |
| Retained Earnings | (1.41) | (1.40) | (1.32) | (1.31) | (1.28) | (1.14) | (1.14) | (1.01) | (0.99) | (0.96) | (0.60) | (0.60) | (0.48) | (0.51) | (0.47) |
| Total Stockholder Equity | -0.00 | -0.00 | 0.06 | 0.06 | 0.07 | 0.21 | 0.20 | 0.23 | 0.24 | 0.23 | 0.58 | 0.56 | 0.71 | 0.69 | 0.71 |
* 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 | Q1
2021 |
|---|
| Total Revenue | 34.32 | 50.89 | 46.96 | 58.04 | 56.44 | 68.27 | 61.11 | 64.00 | 62.23 | 82.61 | 73.06 | 70.73 | 59.03 | 76.65 | 67.29 | 69.27 | 63.98 | 86.69 | 62.08 | 56.76 |
| Research & Development | 6.43 | 7.97 | 8.80 | 11.30 | 11.71 | 9.90 | 13.19 | 13.47 | 13.05 | 12.51 | 12.43 | 14.85 | 11.56 | 14.80 | 13.76 | 13.58 | 12.29 | 11.81 | 11.14 | 8.93 |
| Selling, General & Admin | 8.28 | 9.73 | 10.85 | 12.91 | 13.78 | 13.77 | 12.08 | 16.15 | 14.49 | 13.90 | 15.56 | 16.28 | 13.07 | 20.07 | 19.97 | 20.98 | 20.43 | 17.09 | 20.07 | 16.89 |
| Operating Income | (8.27) | (6.09) | (68.85) | (12.79) | (14.08) | (8.31) | (148.55) | (15.81) | (22.83) | (102.92) | (20.65) | (24.32) | 12.23 | (382.63) | 11.52 | (122.32) | 35.66 | (16.41) | (39.79) | (42.75) |
| Pretax Income | (13.80) | (8.25) | (72.67) | (9.28) | (13.28) | (15.59) | (145.18) | (4.26) | (24.27) | (100.84) | (23.97) | (23.51) | 13.61 | (378.28) | 6.27 | (127.74) | 33.04 | (19.70) | (44.53) | (47.31) |
| Tax Provision | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (1.45) | 0.00 | (7.86) | 0.00 | 0.00 |
| Net Income | (4.48) | (8.25) | (72.67) | (9.28) | (13.28) | (15.59) | (145.18) | (4.26) | (24.27) | (100.84) | (23.97) | (23.51) | 13.61 | (378.28) | 6.27 | (126.29) | 33.04 | (11.83) | (44.53) | (47.31) |
| Basic EPS | -- | (0.15) | (1.36) | (0.18) | (0.26) | (0.36) | (2.90) | (0.09) | (0.56) | (2.80) | (0.63) | (0.67) | 0.41 | (11.32) | 0.19 | -- | 0.98 | -- | (1.35) | -- |
| Diluted EPS | -- | (0.15) | (1.36) | (0.18) | (0.26) | (0.36) | (2.90) | (0.09) | (0.56) | -- | (0.63) | -- | 0.40 | -- | 0.19 | (3.75) | 0.91 | -- | (0.56) | -- |
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 | Q1
2021 |
|---|
| Operating Cash Flow | (5.64) | 13.01 | 1.76 | 1.23 | (6.71) | 2.98 | 1.39 | 4.43 | (17.62) | 2.93 | 1.19 | 5.75 | (10.06) | (13.10) | (14.43) | (6.68) | (19.69) | (0.56) | (37.97) | (12.53) |
| Capital Expenditures | 0.03 | 0.03 | 0.01 | 0.32 | 0.12 | 0.12 | 0.51 | 0.28 | 0.65 | 0.27 | 0.05 | (0.02) | 0.36 | 0.08 | 0.20 | 0.49 | 0.40 | 0.96 | 2.15 | 1.38 |
| Free Cash Flow* | (5.67) | 12.99 | 1.75 | 0.90 | (6.82) | 2.86 | 0.88 | 4.15 | (18.27) | 2.66 | 1.14 | 5.77 | (10.42) | (13.18) | (14.63) | (7.17) | (20.09) | (1.52) | (40.11) | (13.91) |
| Investing Cash Flow | (2.30) | (2.28) | (4.46) | (4.66) | (3.90) | (4.09) | (5.26) | (4.66) | (4.75) | (1.37) | (3.15) | (2.75) | (2.80) | (3.15) | (3.30) | (4.27) | (5.03) | (3.41) | (503.28) | (151.96) |
| Financing Cash Flow | (5.02) | (6.02) | (0.01) | (2.06) | (3.03) | (0.20) | (0.39) | (26.29) | 28.32 | 0.05 | 0.02 | (50.08) | 29.98 | (0.18) | (0.01) | (39.98) | 0.18 | 0.23 | 485.77 | 484.67 |
* Derived from reported values
