Financial Statements — CNTB
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Cash & Equivalents | 46.03 | 37.85 | 40.63 | 47.71 |
| Short-term Investments | 0.00 | 16.94 | 31.14 | 36.29 |
| Accounts Receivable | 0.00 | 0.02 | 0.00 | 0.01 |
| Total Current Assets | 55.02 | 62.60 | 77.76 | 87.76 |
| Property, Plant & Equipment | 3.70 | 3.94 | 4.05 | 3.91 |
| Intangible Assets | 0.04 | 0.05 | 0.05 | 0.05 |
| Total Non-current Assets* | 5.05 | 4.76 | 4.97 | 4.93 |
| Total Assets | 60.07 | 67.36 | 82.73 | 92.69 |
| Accounts Payable | 4.31 | 1.99 | 2.29 | 0.82 |
| Total Current Liabilities | 17.05 | 11.43 | 10.74 | 8.57 |
| Total Non-current Liabilities* | 0.40 | 0.56 | 0.64 | 1.22 |
| Total Liabilities | 17.44 | 11.99 | 11.38 | 9.79 |
| Retained Earnings | (420.23) | (385.73) | (368.53) | (355.63) |
| Total Stockholder Equity | 42.62 | 55.37 | 71.34 | 82.90 |
* 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 |
|---|
| Total Revenue | 0.17 | 0.00 | 0.02 | 0.05 | 0.00 | -- |
| Research & Development | 15.03 | 11.28 | 11.11 | 8.77 | 6.63 | 6.24 |
| Selling, General & Admin | 4.75 | 4.24 | 6.58 | 4.70 | 4.81 | 4.08 |
| Total Operating Expenses | 19.78 | 15.53 | 17.69 | 13.47 | 11.45 | 10.32 |
| Operating Income | (19.61) | (15.53) | (17.68) | (13.42) | (11.45) | (9.62) |
| Pretax Income | (19.35) | (15.08) | (17.14) | (12.84) | (10.22) | (8.80) |
| Tax Provision | 0.05 | 0.03 | 0.06 | 0.06 | 0.05 | 0.11 |
| Net Income | (19.40) | (15.11) | (17.20) | (12.90) | (10.27) | (8.91) |
| Basic EPS | (0.34) | (0.27) | (0.31) | (0.23) | (0.19) | (0.16) |
| Diluted EPS | (0.34) | (0.27) | (0.31) | (0.23) | (0.19) | (0.16) |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Operating Cash Flow | (16.00) | (11.25) | (17.41) | (12.59) | (9.96) |
| Capital Expenditures | 0.00 | 0.02 | 0.03 | 0.30 | 0.08 |
| Free Cash Flow* | (16.00) | (11.27) | (17.44) | (12.89) | (10.04) |
| Investing Cash Flow | 6.00 | 10.98 | (0.15) | 5.13 | (20.64) |
| Financing Cash Flow | 17.62 | 0.72 | 0.22 | 0.16 | 0.00 |
* Derived from reported values
