Financial Statements — COCHW
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 | 25.25 | 3.56 | 5.29 | 5.31 | 4.42 | 1.75 | 4.95 | 7.44 | 0.13 | 0.10 | 0.30 | 0.48 | 0.13 | 1.03 | 1.74 | 2.15 |
| Accounts Receivable | 0.03 | 0.04 | 0.04 | 0.04 | 0.20 | 0.17 | 0.19 | 0.11 | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 1.49 | 1.64 | 1.59 | 1.66 | 1.64 | 1.58 | 1.46 | 1.40 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 27.68 | 5.76 | 7.51 | 8.31 | 7.14 | 5.00 | 7.73 | 20.34 | 0.40 | 0.52 | 0.59 | 0.94 | 0.74 | 1.92 | 2.81 | 3.31 |
| Property, Plant & Equipment | 0.96 | 1.12 | 1.14 | 1.22 | 1.20 | 0.63 | 0.32 | 0.38 | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | 10.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 2.14 | 2.42 | 2.39 | 2.07 | 2.26 | 1.74 | 0.75 | 0.87 | 44.65 | 45.40 | 427.22 | 426.23 | 425.59 | 425.03 | 425.02 | 420.01 |
| Total Assets | 29.82 | 8.18 | 9.90 | 10.39 | 9.40 | 6.74 | 8.48 | 21.22 | 45.04 | 45.92 | 427.81 | 427.17 | 426.34 | 426.95 | 427.83 | 423.31 |
| Accounts Payable | 1.70 | 2.68 | 1.62 | 1.66 | 1.76 | 1.59 | 0.91 | 3.38 | 1.43 | 1.57 | 1.07 | 0.88 | 0.66 | 0.80 | 0.06 | 0.08 |
| Total Current Liabilities | 12.21 | 8.99 | 8.00 | 7.60 | 9.07 | 8.06 | 7.00 | 12.69 | 9.35 | 9.50 | 6.00 | 5.25 | 4.05 | 2.77 | 0.67 | 0.10 |
| Total Non-current Liabilities* | 7.06 | 6.72 | 31.76 | 27.01 | 18.85 | 11.07 | 8.90 | 3.74 | 11.89 | 11.48 | 12.28 | 18.08 | 21.54 | 31.94 | 40.49 | 41.47 |
| Total Liabilities | 19.27 | 15.71 | 39.76 | 34.61 | 27.93 | 19.12 | 15.89 | 16.43 | 21.24 | 20.98 | 18.28 | 23.33 | 25.59 | 34.71 | 41.16 | 41.57 |
| Retained Earnings | (319.10) | (305.66) | (297.91) | (290.97) | (277.53) | (270.19) | (264.88) | (251.01) | (20.79) | (19.22) | (17.35) | (21.45) | (24.25) | (32.77) | -- | -- |
| Total Stockholder Equity* | 10.16 | (7.66) | (29.86) | (24.22) | (18.53) | (12.39) | (7.41) | 4.79 | 23.81 | 24.94 | (17.35) | (21.45) | (24.25) | (32.76) | 386.67 | 381.74 |
* 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 | 0.04 | 0.08 | 0.04 | 0.08 | 0.05 | 0.04 | 0.06 | 0.07 | 0.06 | 0.10 | 0.08 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 0.31 | 0.21 | 0.20 | 0.23 | 0.23 | 0.16 | 0.19 | 0.25 | 0.15 | 0.23 | 0.19 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | (0.27) | (0.14) | (0.16) | (0.16) | (0.18) | (0.11) | (0.13) | (0.18) | (0.10) | (0.14) | (0.11) | (0.20) | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 3.64 | 4.55 | 2.70 | 2.49 | 2.75 | 2.47 | 2.76 | 2.59 | 2.36 | 3.06 | 1.85 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 1.88 | 1.60 | 2.44 | 2.07 | 1.82 | 1.42 | 1.69 | 1.60 | 2.12 | (2.89) | 1.43 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 5.69 | 6.25 | 5.55 | 4.91 | 4.93 | 4.41 | 4.84 | 4.68 | 2.40 | 6.60 | 3.28 | 2.40 | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (5.96) | (6.38) | (5.71) | (5.07) | (5.11) | (4.52) | (4.97) | (4.86) | (4.90) | (12.39) | (3.38) | (0.10) | (2.49) | (1.47) | (1.03) | (0.90) | (1.49) | (0.18) | (2.99) | (1.07) |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (1.02) | 1.56 | (1.15) | 6.22 | 3.20 | -- | -- | -- | -- |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.12 | 0.84 | 0.86 | 0.53 | 0.11 | -- | -- | -- | -- |
| Net Income | (4.35) | (6.59) | (6.48) | (5.69) | (5.00) | (4.62) | (5.96) | (3.95) | (6.27) | (4.88) | 1.56 | (0.42) | 0.72 | (2.01) | 5.69 | 3.09 | 12.46 | (4.72) | 5.57 | 0.37 |
| Basic EPS | (0.08) | (0.27) | (0.35) | (0.32) | (0.29) | (0.53) | (0.37) | (0.27) | (0.32) | 0.08 | 0.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (0.08) | (0.27) | (0.35) | (0.32) | (0.29) | (0.53) | (0.37) | (0.27) | (0.32) | 0.08 | 0.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
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 | (6.06) | (5.68) | (4.33) | (4.46) | (3.72) | (4.39) | (2.81) | (4.91) | (5.85) | (11.71) | (3.09) | (0.68) | (2.18) | (0.84) | (0.64) | (0.40) | (0.77) | (0.89) | (0.70) | (0.41) |
| Capital Expenditures | -- | 0.17 | 0.00 | 0.00 | 0.01 | (0.53) | 1.16 | 0.01 | 0.06 | 0.02 | 0.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | (5.86) | (4.33) | (4.46) | (3.73) | (3.85) | (3.96) | (4.92) | (5.90) | (11.73) | (3.22) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | -- | (0.17) | 0.00 | -0.00 | (0.01) | 0.53 | (0.61) | (0.79) | (0.11) | (0.02) | (389.43) | 0.25 | 389.05 | 0.65 | 0.47 | -- | -- | 0.00 | 0.00 | (5.00) |
| Financing Cash Flow | 27.57 | 6.04 | 2.60 | 4.44 | 3.55 | 4.91 | 6.10 | 2.50 | 6.68 | (0.89) | 409.15 | 0.46 | (386.87) | 0.00 | 0.00 | 0.75 | 0.75 | 0.00 | (0.01) | 4.99 |
* Derived from reported values
