Financial Statements — CISO
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 | 0.64 | 1.11 | 0.76 | 1.79 | 0.44 | 1.12 | 1.52 | 0.77 | 1.87 | 3.82 | 4.89 | 8.77 | 3.86 | 2.73 | 5.72 | 7.33 |
| Accounts Receivable | 1.32 | 1.30 | 1.59 | 1.74 | 1.89 | 2.16 | 3.74 | 6.07 | 8.66 | 6.07 | 5.76 | 4.91 | 5.95 | 2.27 | 1.61 | 1.18 |
| Inventory | -- | -- | -- | -- | -- | -- | 0.01 | 0.07 | 0.06 | 0.02 | 0.34 | 0.35 | 0.74 | -- | -- | -- |
| Total Current Assets | 2.33 | 2.99 | 3.34 | 5.01 | 3.00 | 19.07 | 9.28 | 11.59 | 16.02 | 15.06 | 14.94 | 18.55 | 14.09 | 5.48 | 7.64 | 8.67 |
| Property, Plant & Equipment | 0.41 | 0.50 | 0.57 | 0.65 | 0.81 | 0.89 | 3.22 | 3.98 | 4.49 | 4.74 | 4.46 | 2.97 | 3.44 | 0.09 | 0.07 | 0.08 |
| Goodwill | 19.90 | 19.90 | 19.90 | 19.90 | 19.90 | 19.90 | 30.33 | 35.56 | 37.34 | 58.49 | 74.09 | 58.52 | 59.27 | 20.70 | 4.10 | 4.10 |
| Intangible Assets | 0.69 | 1.10 | 1.34 | 1.57 | 2.19 | 2.59 | 3.26 | 4.16 | 4.30 | 4.83 | 7.65 | 6.94 | 5.19 | 1.15 | 0.94 | 0.98 |
| Total Non-current Assets* | 21.46 | 22.09 | 22.45 | 22.81 | 23.63 | 24.13 | 38.26 | 44.55 | 47.04 | 69.05 | 86.54 | 69.90 | 69.54 | 23.41 | 6.36 | 6.42 |
| Total Assets | 23.79 | 25.09 | 25.79 | 27.82 | 26.63 | 43.20 | 47.54 | 56.14 | 63.06 | 84.11 | 101.48 | 88.45 | 83.63 | 28.90 | 14.00 | 15.09 |
| Accounts Payable | 1.50 | 5.51 | 6.82 | 8.30 | 9.66 | 8.51 | 15.11 | 13.16 | 13.26 | 10.76 | 6.70 | 7.50 | 6.22 | 1.49 | 0.86 | 0.75 |
| Total Current Liabilities | 7.85 | 8.37 | 17.80 | 20.36 | 23.03 | 36.98 | 32.60 | 22.96 | 23.14 | 21.66 | 18.22 | 19.32 | 10.89 | 4.84 | 4.11 | 3.94 |
| Long-term Debt | -- | 2.05 | 9.91 | 10.58 | 11.92 | 12.76 | 15.13 | 13.05 | 13.39 | 15.69 | -- | -- | 5.28 | 3.54 | -- | -- |
| Total Non-current Liabilities* | 0.24 | 0.37 | 0.43 | 0.48 | 0.56 | 0.59 | 3.69 | 8.98 | 9.48 | 9.91 | 6.13 | 3.43 | 5.48 | 0.55 | 1.06 | 1.09 |
| Total Liabilities | 8.09 | 8.74 | 18.24 | 20.84 | 23.59 | 37.57 | 36.30 | 31.95 | 32.62 | 31.56 | 24.36 | 22.75 | 16.37 | 5.39 | 5.17 | 5.04 |
| Retained Earnings | (191.93) | (188.12) | (190.65) | (187.64) | (176.74) | (173.06) | (164.63) | (147.47) | (141.96) | (112.63) | (67.89) | (59.38) | (51.96) | (11.01) | (8.76) | (6.64) |
| Total Stockholder Equity | 13.84 | 16.34 | 7.55 | 6.98 | 3.04 | 5.62 | 11.24 | 24.19 | 30.44 | 52.55 | 77.12 | 65.70 | 67.26 | 23.51 | 8.83 | 10.05 |
* 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 | 6.22 | 6.27 | 6.46 | 6.71 | 7.16 | 3.60 | 7.51 | 7.81 | 11.83 | 13.74 | 14.07 | 15.52 | 13.73 | 14.74 | 11.25 | 11.23 | 9.33 | 5.89 | 3.75 | 2.95 |
| Cost of Revenue | 4.40 | 4.47 | 4.85 | 5.08 | 5.38 | 2.05 | 6.48 | 6.87 | 10.84 | 11.58 | 11.58 | 14.51 | 13.33 | 13.75 | 10.33 | 10.46 | 9.28 | 6.60 | 2.98 | 2.01 |
| Gross Profit | 1.82 | 1.79 | 1.61 | 1.64 | 1.78 | 1.55 | 1.03 | 0.93 | 0.99 | 2.16 | 2.48 | 1.01 | 0.40 | 0.99 | 0.92 | 0.77 | 0.05 | (0.72) | 0.77 | 0.94 |
| Selling, General & Admin | 2.35 | 2.73 | 2.57 | 2.63 | 2.66 | 1.40 | 3.08 | 3.61 | 5.00 | 5.57 | 5.56 | 6.11 | 9.51 | 7.34 | 6.68 | 4.47 | 4.62 | 4.57 | 2.09 | 1.67 |
| Total Operating Expenses | 3.27 | 3.91 | 4.24 | 3.97 | 3.49 | 2.64 | 4.55 | 5.18 | 6.73 | 11.81 | 7.10 | 29.78 | 35.13 | 10.50 | 9.35 | 8.06 | 7.96 | 32.14 | 3.93 | 2.99 |
| Operating Income | (1.44) | (2.11) | (2.63) | (2.33) | (1.71) | (1.09) | (3.52) | (4.24) | (5.74) | (9.65) | (4.62) | (28.77) | (34.73) | (9.51) | (8.42) | (7.29) | (7.91) | (32.86) | (3.16) | (2.05) |
| Interest Expense | -- | -- | -- | -- | 8.21 | -- | 0.23 | (0.57) | 0.87 | 0.96 | 0.77 | 0.77 | 0.39 | 0.46 | 0.11 | 0.06 | 0.04 | 0.10 | 0.08 | 0.07 |
| Pretax Income | (1.59) | (2.22) | 2.53 | (3.01) | (5.38) | (4.52) | (3.84) | (4.94) | (6.61) | (10.55) | (5.51) | (29.33) | (35.28) | (9.99) | -- | -- | -- | -- | -- | (2.12) |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | (0.44) | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (1.59) | (2.22) | 2.53 | (3.01) | (5.38) | (5.52) | (3.68) | (8.44) | (6.61) | (10.55) | (5.51) | (29.33) | (34.84) | (9.99) | (8.50) | (7.34) | (7.94) | (33.00) | (2.25) | (2.12) |
| Basic EPS | (0.04) | 0.10 | 0.07 | (0.09) | (0.38) | (0.47) | (0.32) | (0.69) | (0.55) | (6.77) | (0.03) | (0.18) | (0.24) | (0.07) | (0.06) | (0.05) | (0.06) | (0.27) | (0.02) | (0.02) |
| Diluted EPS | (0.04) | 0.10 | (0.05) | (0.09) | (0.38) | (0.47) | (0.32) | (0.69) | (0.55) | (6.78) | (0.03) | (0.18) | -- | -- | -- | -- | -- | (0.27) | (0.02) | (0.02) |
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 | (0.88) | (1.79) | (0.88) | (2.35) | (2.95) | (0.26) | (0.90) | (1.27) | (1.41) | 0.78 | (1.39) | (3.21) | (2.11) | (2.83) | (4.28) | (0.56) | (3.02) | (3.07) | (1.67) | (1.52) |
| Capital Expenditures | 0.01 | -- | -- | -- | -- | 0.00 | 0.00 | 0.01 | 0.08 | 0.05 | 0.02 | (0.03) | 0.18 | 0.00 | 0.31 | 0.10 | 0.10 | -- | -- | -- |
| Free Cash Flow* | (0.89) | -- | -- | -- | -- | (0.26) | (0.90) | (1.28) | (1.48) | 0.74 | (1.40) | (3.17) | (2.29) | (2.83) | (4.59) | (0.66) | (3.12) | -- | -- | -- |
| Investing Cash Flow | (0.01) | -- | -- | -- | -- | (1.00) | 1.00 | (0.01) | (0.08) | (0.02) | 0.01 | 0.03 | (0.18) | -0.00 | (0.93) | (0.09) | (5.02) | 1.39 | 0.66 | -- |
| Financing Cash Flow | (0.17) | 2.38 | 1.23 | 1.32 | 3.75 | 1.81 | (0.96) | 1.05 | 2.01 | 0.42 | 0.28 | 1.25 | 4.24 | (0.26) | 1.26 | 5.77 | 9.01 | 1.68 | (1.99) | (0.09) |
* Derived from reported values
