Financial Statements — CMRC
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 | 57.20 | 49.91 | 46.27 | 52.08 | 35.44 | 133.09 | 60.90 | 69.78 | 74.52 | 61.07 | 100.61 | 220.55 | 250.93 | 364.91 | 172.87 | 189.58 |
| Short-term Investments | 97.94 | 92.11 | 88.19 | 68.63 | 132.96 | 142.71 | 204.28 | 195.59 | 222.89 | 221.27 | 206.13 | 138.11 | 125.18 | 43.47 | 30.40 | 18.37 |
| Accounts Receivable | 49.56 | 48.23 | 51.77 | 44.16 | 43.38 | 45.05 | 39.30 | 51.80 | 52.15 | 59.01 | 48.06 | 45.91 | 41.00 | 33.78 | 28.98 | 26.07 |
| Total Current Assets | 229.99 | 215.95 | 209.66 | 192.68 | 243.46 | 355.78 | 343.54 | 341.53 | 371.12 | 362.95 | 375.51 | 419.98 | 433.24 | 460.46 | 243.06 | 245.36 |
| Property, Plant & Equipment | 16.22 | 11.20 | 8.98 | 8.13 | 9.37 | 9.98 | 9.99 | 10.54 | 10.36 | 10.25 | 9.07 | 9.31 | 7.98 | 7.38 | 7.33 | 6.90 |
| Goodwill | 51.93 | 51.93 | 51.93 | 51.93 | 51.93 | 51.93 | 52.09 | 49.75 | 49.75 | 49.75 | 49.75 | 49.74 | 42.43 | 41.37 | -- | -- |
| Intangible Assets | 9.76 | 13.01 | 14.91 | 14.98 | 19.70 | 22.13 | 24.58 | 21.48 | 23.52 | 25.55 | 29.40 | 31.42 | 32.99 | 35.36 | -- | -- |
| Total Non-current Assets* | 94.27 | 93.51 | 92.87 | 93.61 | 91.69 | 96.72 | 98.93 | 94.45 | 96.38 | 98.56 | 105.86 | 108.61 | 101.77 | 100.03 | 23.46 | 23.47 |
| Total Assets | 324.26 | 309.46 | 302.53 | 286.29 | 335.15 | 452.50 | 442.47 | 435.98 | 467.51 | 461.51 | 481.37 | 528.59 | 535.01 | 560.49 | 266.51 | 268.83 |
| Accounts Payable | 8.54 | 9.53 | 8.78 | 7.82 | 8.15 | 6.69 | 7.06 | 6.27 | 6.49 | 7.51 | 7.22 | 6.28 | 7.92 | 5.89 | 5.41 | 4.66 |
| Short-term Debt | -- | -- | -- | -- | -- | 0.42 | 0.55 | 0.40 | 0.40 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 116.44 | 100.99 | 98.28 | 82.25 | 86.59 | 78.83 | 67.94 | 67.05 | 91.50 | 77.36 | 66.32 | 78.63 | 64.81 | 48.76 | 42.69 | 40.10 |
| Long-term Debt | 156.80 | 157.30 | 157.54 | 157.79 | -- | 340.89 | 340.52 | 339.80 | 339.44 | 337.99 | 337.01 | 336.52 | 336.03 | 335.05 | -- | -- |
| Total Non-current Liabilities* | 160.94 | 165.64 | 165.49 | 165.96 | 219.58 | 347.56 | 347.61 | 349.05 | 349.08 | 349.71 | 349.96 | 364.98 | 360.33 | 350.55 | 12.75 | 13.39 |
| Total Liabilities | 277.38 | 266.63 | 263.77 | 248.21 | 306.16 | 426.39 | 415.55 | 416.10 | 440.59 | 427.07 | 416.28 | 443.61 | 425.13 | 399.30 | 55.45 | 53.49 |
| Retained Earnings | (637.30) | (632.67) | (630.42) | (622.04) | (619.30) | (612.30) | (601.05) | (591.48) | (571.17) | (552.11) | (497.01) | (466.71) | (427.10) | (355.82) | (334.16) | (321.93) |
| Total Stockholder Equity | 46.88 | 42.84 | 38.77 | 38.08 | 28.99 | 26.11 | 26.92 | 19.88 | 26.92 | 34.44 | 65.09 | 84.98 | 109.88 | 161.19 | 211.07 | 215.34 |
* 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 | 86.84 | 89.52 | 86.03 | 84.43 | 82.37 | 87.03 | 83.71 | 81.83 | 80.36 | 84.15 | 78.05 | 75.44 | 71.76 | 72.43 | 72.39 | 68.20 | 66.05 | 64.90 | 59.29 | 49.01 |
| Cost of Revenue | 20.19 | 19.43 | 18.60 | 17.74 | 16.98 | 19.48 | 19.86 | 19.81 | 18.44 | 18.95 | 19.05 | 18.76 | 17.45 | 18.49 | 17.52 | 16.86 | 17.10 | 16.64 | 12.40 | 10.19 |
| Gross Profit | 66.65 | 70.08 | 67.43 | 66.69 | 65.39 | 67.55 | 63.85 | 62.02 | 61.92 | 65.20 | 58.99 | 56.69 | 54.31 | 53.94 | 54.87 | 51.34 | 48.95 | 48.26 | 46.88 | 38.83 |
| Research & Development | 18.03 | 18.04 | 17.46 | 18.31 | 19.21 | 19.76 | 20.84 | 20.29 | 19.99 | 19.51 | 21.70 | 21.40 | 20.85 | 22.67 | 22.25 | 22.39 | 20.94 | 19.76 | 16.53 | 14.73 |
| Selling, General & Admin | 14.22 | 14.22 | 12.14 | 15.86 | 13.64 | 14.99 | 16.43 | 15.44 | 14.93 | 13.57 | 14.34 | 14.43 | 16.49 | 18.96 | 20.50 | 19.21 | 17.31 | 17.75 | 14.37 | 13.11 |
| Total Operating Expenses | 60.88 | 76.67 | 67.87 | 73.48 | 67.80 | 68.30 | 83.06 | 75.51 | 70.15 | 70.89 | 81.19 | 77.58 | 77.97 | 88.63 | 85.43 | 90.48 | 85.13 | 82.07 | 68.20 | 51.10 |
| Operating Income | 5.77 | (6.58) | (0.43) | (6.79) | (2.41) | (0.75) | (19.22) | (13.49) | (8.23) | (5.69) | (22.20) | (20.89) | (23.66) | (34.69) | (30.56) | (39.14) | (36.18) | (33.81) | (21.31) | (12.27) |
| Interest Expense | 2.48 | 2.48 | 2.48 | 2.52 | 2.54 | -- | 1.91 | 0.72 | 0.72 | 0.72 | 0.72 | 0.72 | 0.72 | 0.71 | 0.71 | 0.71 | 0.71 | 0.70 | 0.13 | -- |
| Pretax Income | 4.18 | (8.15) | (2.03) | (8.16) | 0.17 | (2.07) | (6.72) | (11.12) | (6.10) | (3.73) | (20.16) | (18.85) | (21.92) | (32.73) | (30.21) | (39.56) | (36.92) | (34.54) | (21.41) | (12.21) |
| Tax Provision | 0.45 | 0.21 | 0.21 | 0.22 | 0.52 | 0.32 | 0.27 | 0.13 | 0.29 | (0.55) | 0.14 | 0.21 | 0.20 | 0.25 | 0.09 | 0.04 | 0.12 | (0.30) | 0.26 | 0.01 |
| Net Income | 3.73 | (8.36) | (2.24) | (8.38) | (0.35) | (2.39) | (6.99) | (11.25) | (6.39) | (3.18) | (20.31) | (19.07) | (22.12) | (32.98) | (30.30) | (39.60) | (37.04) | (34.24) | (21.67) | (12.22) |
| Basic EPS | 0.05 | (0.11) | (0.03) | (0.10) | 0.00 | (0.03) | (0.09) | (0.15) | (0.08) | (0.04) | (0.27) | (0.25) | (0.30) | (0.45) | (0.41) | (0.54) | -- | -- | -- | -- |
| Diluted EPS | 0.05 | (0.11) | (0.03) | (0.10) | 0.00 | (0.03) | (0.09) | (0.15) | (0.08) | (0.04) | (0.27) | (0.25) | (0.30) | (0.45) | (0.41) | (0.54) | -- | -- | -- | -- |
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 | 18.37 | 0.98 | 10.55 | 13.56 | 0.40 | 12.36 | 5.57 | 11.74 | (3.42) | 13.28 | (31.43) | (6.09) | (20.84) | (2.69) | (86.66) | (13.87) | (21.98) | (8.82) | (14.08) | (4.65) |
| Capital Expenditures | 4.29 | 3.16 | 2.97 | 1.65 | 0.83 | 0.79 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | 14.09 | (2.17) | 7.59 | 11.91 | (0.42) | 11.57 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (5.39) | (5.95) | (6.80) | (21.22) | 17.36 | 42.65 | 9.25 | 60.32 | (6.93) | (11.18) | 26.40 | (12.40) | (9.68) | (6.39) | (110.14) | (16.04) | (24.81) | (60.17) | (94.66) | (13.19) |
| Financing Cash Flow | (0.05) | 0.06 | (0.11) | 1.85 | (54.87) | (1.61) | (112.08) | 0.13 | (0.48) | (0.14) | 0.28 | 1.10 | (0.33) | 0.14 | 0.06 | (0.29) | 0.18 | 1.64 | 300.76 | 1.13 |
* Derived from reported values
