Financial Statements — COGT
Balance Sheet
(in billions 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 | 0.24 | 0.13 | 0.13 | 0.13 | 0.10 | 0.09 | 0.22 | 0.09 | 0.21 | 0.16 | 0.14 | 0.33 | 0.19 | 0.20 | 0.22 | 0.23 |
| Total Current Assets | 0.88 | 0.40 | 0.25 | 0.25 | 0.34 | 0.37 | 0.44 | 0.29 | 0.33 | 0.23 | 0.30 | 0.33 | 0.19 | 0.21 | 0.22 | 0.23 |
| Property, Plant & Equipment | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Non-current Assets* | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.06 | 0.03 | 0.07 | 0.06 | 0.04 | 0.04 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Assets | 0.90 | 0.43 | 0.27 | 0.28 | 0.38 | 0.43 | 0.48 | 0.36 | 0.39 | 0.26 | 0.33 | 0.37 | 0.21 | 0.22 | 0.23 | 0.24 |
| Accounts Payable | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 |
| Long-term Debt | 0.22 | 0.04 | 0.04 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.24 | 0.06 | 0.06 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 0.30 | 0.12 | 0.12 | 0.06 | 0.07 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.02 | 0.02 | 0.02 | 0.01 |
| Retained Earnings | (1.29) | (1.09) | (1.00) | (0.93) | (0.79) | (0.72) | (0.66) | (0.55) | (0.49) | (0.45) | (0.37) | (0.34) | (0.30) | (0.25) | (0.23) | (0.21) |
| Total Stockholder Equity | 0.61 | 0.30 | 0.16 | 0.22 | 0.31 | 0.37 | 0.42 | 0.30 | 0.35 | 0.22 | 0.29 | 0.32 | 0.19 | 0.20 | 0.21 | 0.23 |
* 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 |
|---|
| Research & Development | 75.36 | 75.56 | 68.99 | 62.20 | 63.03 | 62.05 | 63.61 | 54.29 | 52.71 | 48.72 | 50.13 | 38.87 | 36.04 | 36.74 | 29.94 | 29.48 | 25.47 | 20.51 | 14.80 | 12.39 |
| Selling, General & Admin | 28.24 | 23.93 | 14.37 | 13.38 | 11.90 | 11.69 | 11.80 | 10.09 | 9.70 | 9.51 | 9.45 | 8.21 | 7.20 | 7.00 | 6.89 | 6.38 | 5.95 | 5.13 | 5.02 | 4.90 |
| Operating Income | (103.61) | (99.49) | (83.35) | (75.58) | (74.93) | (73.73) | (75.41) | (64.39) | (62.40) | (58.23) | (59.58) | (47.08) | (43.24) | (43.74) | (36.82) | (35.85) | (31.42) | (25.64) | (19.82) | (17.29) |
| Net Income | (97.35) | (102.49) | (80.93) | (73.53) | (71.99) | (67.93) | (70.63) | (58.95) | (58.35) | (54.36) | (55.38) | (44.08) | (38.59) | (39.62) | (35.06) | (34.93) | (30.63) | (24.91) | (19.08) | (16.55) |
| Basic EPS | (0.53) | (0.61) | (0.50) | (0.53) | (0.52) | (0.09) | (0.64) | (0.59) | (0.62) | (0.64) | (0.64) | (0.59) | (0.55) | (0.55) | (0.50) | (0.71) | -- | -- | -- | -- |
| Diluted EPS | (0.53) | (0.61) | (0.50) | (0.53) | (0.52) | (0.09) | (0.64) | (0.59) | (0.62) | (0.64) | (0.64) | (0.59) | (0.55) | (0.55) | (0.50) | (0.71) | -- | -- | -- | -- |
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 | (86.88) | (79.10) | (64.29) | (54.54) | (66.51) | (60.58) | (51.98) | (42.70) | (52.53) | (44.07) | (37.97) | (32.07) | (39.52) | (29.41) | (34.44) | (26.46) | (28.33) | (20.78) | (14.11) | (12.51) |
| Capital Expenditures | 0.45 | 0.81 | 0.07 | 0.13 | 0.55 | 0.08 | 0.28 | 0.15 | 0.07 | 0.32 | 0.12 | 1.26 | 1.10 | 1.97 | 3.31 | 1.14 | 0.44 | 0.43 | 1.16 | 0.12 |
| Free Cash Flow* | (87.33) | (79.92) | (64.35) | (54.67) | (67.06) | (60.65) | (52.26) | (42.85) | (52.60) | (44.38) | (38.09) | (33.32) | (40.62) | (31.37) | (37.75) | (27.60) | (28.77) | (21.21) | (15.27) | (12.63) |
| Investing Cash Flow | (36.46) | (322.77) | (155.05) | 8.91 | 69.38 | 61.67 | 60.19 | (84.62) | 1.04 | 10.49 | (90.54) | (77.66) | 59.88 | 28.41 | (151.54) | (1.14) | (0.44) | (0.43) | (1.16) | (0.12) |
| Financing Cash Flow | 52.54 | 588.67 | 217.37 | 47.23 | 24.97 | 0.03 | 0.62 | (0.26) | 214.06 | 0.00 | 1.00 | 162.09 | 0.45 | 0.32 | 0.99 | 162.12 | 0.14 | 38.01 | 0.06 | 0.00 |
* Derived from reported values
