Financial Statements — CNVS
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | 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 |
|---|
| Cash & Equivalents | 2.46 | 2.34 | 1.99 | 6.08 | 2.43 | 3.96 | 5.54 | 8.62 | 12.13 | 8.80 | 9.68 | 11.52 | 20.20 | 12.65 | 13.36 | 26.21 |
| Accounts Receivable | 17.40 | 13.75 | 16.07 | 33.94 | 14.81 | 9.26 | 16.42 | 12.38 | 14.71 | 24.99 | 24.94 | 25.22 | 29.79 | 24.15 | 27.15 | 25.09 |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- | 0.17 | 0.21 | 0.16 | 0.13 | 0.09 | 0.12 | 0.14 | 0.22 |
| Total Current Assets | 29.23 | 23.26 | 24.86 | 50.48 | 30.18 | 31.53 | 36.24 | 34.50 | 38.50 | 46.25 | 45.50 | 44.08 | 58.69 | 42.60 | 45.15 | 61.99 |
| Property, Plant & Equipment | 3.53 | 3.07 | 2.97 | 2.93 | 2.93 | 2.72 | 2.07 | 2.07 | 2.08 | 1.70 | 1.76 | 1.87 | 2.44 | 2.55 | 2.92 | 4.24 |
| Goodwill | 6.80 | 6.80 | 6.80 | 6.80 | 6.80 | 6.80 | 20.82 | 20.82 | 20.82 | 21.03 | 21.03 | 21.08 | 13.66 | 13.53 | 10.74 | 8.70 |
| Intangible Assets | 17.73 | 18.41 | 18.45 | 17.84 | 17.94 | 18.24 | 18.73 | 19.14 | 19.19 | 18.86 | 18.55 | 19.29 | 4.75 | 4.85 | 3.20 | 8.04 |
| Total Non-current Assets* | 39.34 | 38.69 | 36.67 | 30.06 | 30.42 | 30.81 | 46.99 | 50.19 | 50.15 | 48.65 | 48.76 | 50.14 | 40.86 | 41.30 | 35.49 | 29.70 |
| Total Assets | 68.57 | 61.95 | 61.53 | 80.54 | 60.60 | 62.34 | 83.22 | 84.69 | 88.65 | 94.90 | 94.26 | 94.22 | 99.55 | 83.90 | 80.64 | 91.69 |
| Accounts Payable | 22.07 | 17.54 | 20.76 | 35.97 | 19.93 | 20.25 | 26.99 | 25.80 | 29.87 | 40.72 | 47.27 | 46.45 | 54.71 | 52.74 | 50.21 | 54.14 |
| Total Current Liabilities | 30.65 | 24.52 | 25.14 | 43.73 | 31.38 | 32.43 | 36.67 | 35.24 | 40.62 | 50.75 | 55.55 | 51.65 | 55.77 | 53.68 | 54.60 | 78.63 |
| Total Non-current Liabilities* | 0.18 | 0.26 | 0.24 | 0.35 | 0.43 | 0.48 | 3.23 | 3.57 | 3.66 | 6.50 | 6.83 | 6.58 | 2.77 | 2.70 | 1.52 | 2.17 |
| Total Liabilities | 30.83 | 24.78 | 25.38 | 44.08 | 31.81 | 32.91 | 39.90 | 38.81 | 44.27 | 57.25 | 62.38 | 58.23 | 58.55 | 56.38 | 56.13 | 80.81 |
| Retained Earnings | (511.25) | (510.23) | (504.56) | (501.67) | (508.69) | (507.31) | (489.34) | (486.48) | (486.03) | (479.23) | (484.15) | (478.40) | (469.73) | (469.25) | (468.98) | (467.21) |
| Total Stockholder Equity | 38.57 | 38.03 | 37.07 | 37.43 | 29.81 | 30.54 | 44.50 | 47.09 | 45.63 | 38.91 | 33.15 | 37.28 | 42.39 | 28.89 | 25.87 | 12.22 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | 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 |
|---|
| Total Revenue | 25.97 | 16.29 | 12.36 | 11.12 | 15.58 | 40.74 | 12.74 | 9.13 | 9.86 | 13.28 | 13.01 | 12.98 | 12.55 | 27.88 | 14.01 | 13.59 | 16.85 | 14.08 | 2.20 | 5.60 |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.80 | -- |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 24.32 | -- |
| Selling, General & Admin | 12.26 | 10.69 | 11.41 | 8.95 | 5.40 | 9.36 | 6.36 | 6.56 | 6.82 | 6.37 | 6.83 | 7.89 | 8.30 | 9.11 | 9.60 | 9.82 | 8.61 | 7.74 | 7.16 | 6.04 |
| Total Operating Expenses | 31.36 | 16.94 | 17.77 | 14.82 | 13.45 | 31.30 | 13.60 | 11.91 | 23.86 | 12.85 | 12.43 | 15.70 | 15.61 | 24.44 | 18.72 | 18.17 | 18.37 | 14.85 | 11.52 | 12.24 |
| Operating Income | (5.39) | (0.66) | (5.41) | (3.70) | 2.13 | 9.44 | (0.86) | (2.78) | (14.00) | 0.43 | 0.59 | (2.72) | (3.06) | 3.44 | (4.71) | (4.58) | (1.52) | (0.76) | (1.41) | 2.77 |
| Interest Expense | -- | -- | -- | -- | 1.25 | 2.34 | 0.34 | 0.43 | 0.28 | 0.29 | 0.20 | 0.30 | 0.41 | 0.37 | 0.38 | 0.13 | 0.08 | 0.10 | 0.04 | 0.14 |
| Pretax Income | (1.62) | (0.86) | (5.52) | (3.50) | 0.94 | 7.17 | (1.20) | (3.04) | (14.68) | (2.76) | (0.30) | (3.52) | (2.95) | 5.02 | (5.65) | (5.99) | (2.54) | (0.43) | (0.68) | 5.13 |
| Tax Provision | (2.90) | 0.02 | 0.02 | 0.01 | 0.09 | 0.01 | 0.01 | 0.01 | -0.00 | (0.02) | 0.02 | 0.02 | -- | -- | -- | -- | (0.21) | (0.03) | (0.49) | (0.06) |
| Net Income | 1.28 | (0.87) | (5.54) | (3.52) | 0.86 | 7.16 | (1.20) | (3.05) | (14.68) | (2.74) | (0.32) | (3.54) | (3.07) | 5.02 | (5.65) | (5.99) | (2.32) | (0.41) | (0.18) | 5.19 |
| Basic EPS | 0.08 | (0.05) | (0.31) | (0.21) | 0.09 | 0.38 | (0.09) | (0.20) | (1.15) | (0.22) | (0.04) | (0.37) | (1.10) | 0.03 | (0.03) | (0.03) | (0.02) | 0.00 | (0.23) | 0.03 |
| Diluted EPS | 0.08 | (0.05) | (0.31) | (0.21) | 0.11 | 0.34 | (0.09) | (0.20) | (1.15) | (0.22) | (0.04) | (0.37) | (1.10) | 0.03 | (0.03) | (0.03) | (0.02) | 0.00 | (0.23) | 0.03 |
Cash Flow Statement
(in millions USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | 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 |
|---|
| Operating Cash Flow | (3.19) | (1.61) | (7.17) | (14.52) | 12.43 | 7.37 | (0.67) | (1.71) | (1.31) | (3.11) | (2.91) | (3.26) | (0.90) | (1.62) | (5.08) | (1.20) | 0.13 | (4.61) | 5.74 | 3.62 |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.24 | 0.16 | 0.13 | 0.14 | 3.48 | 2.97 | 0.03 | 0.04 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (1.14) | (1.78) | (5.21) | (1.34) | (3.34) | (7.59) | 5.70 | 3.58 |
| Investing Cash Flow | (12.89) | (0.58) | (0.84) | (0.02) | 0.02 | 0.17 | (0.40) | (0.42) | (0.05) | 0.03 | (0.24) | (0.27) | (0.84) | (0.15) | (0.21) | (0.06) | (7.27) | (0.21) | (4.03) | (0.79) |
| Financing Cash Flow | 17.00 | 2.27 | 8.40 | 2.57 | (4.59) | (3.88) | (0.46) | 0.93 | 0.98 | -0.00 | (0.35) | 8.51 | 0.09 | 0.90 | 3.45 | (0.28) | 0.00 | 12.38 | (3.42) | (6.32) |
* Derived from reported values
