Financial Statements — CRDL
Balance Sheet
(in millions CAD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Cash & Equivalents | 21.42 | 30.58 | 34.93 | 59.47 | 83.90 |
| Inventory | -- | -- | -- | -- | 0.02 |
| Total Current Assets | 23.50 | 31.67 | 36.15 | 61.44 | 87.14 |
| Total Non-current Assets* | 0.12 | 0.20 | 0.55 | 0.59 | 0.74 |
| Total Assets | 23.62 | 31.86 | 36.70 | 62.03 | 87.88 |
| Total Current Liabilities | 5.66 | 7.01 | 8.30 | 9.80 | 11.57 |
| Total Non-current Liabilities* | 0.09 | 0.13 | 0.16 | 0.02 | 0.07 |
| Total Liabilities | 5.74 | 7.14 | 8.45 | 9.83 | 11.64 |
| Retained Earnings | (213.07) | (179.25) | (142.58) | (114.45) | (83.52) |
| Total Stockholder Equity | 17.88 | 24.73 | 28.25 | 52.20 | 76.24 |
* Derived from reported values
Income Statement
(in millions CAD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Total Revenue | -- | -- | -- | 0.08 | 0.08 |
| Research & Development | 14.02 | 14.01 | 14.22 | 18.96 | 10.87 |
| Selling, General & Admin | 20.30 | 26.26 | 15.56 | 22.37 | 27.87 |
| Operating Income | (34.32) | (40.28) | (29.79) | (41.34) | (38.66) |
| Pretax Income* | -- | -- | -- | (30.93) | (31.64) |
| Tax Provision | -- | -- | -- | 0.00 | 0.00 |
| Net Income | (33.82) | (36.68) | (28.13) | (30.93) | (31.64) |
| Basic EPS | (0.39) | (0.51) | (0.44) | (0.49) | (0.73) |
| Diluted EPS | (0.39) | (0.51) | (0.44) | (0.49) | (0.73) |
* Derived from reported values
Cash Flow Statement
(in millions CAD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 |
|---|
| Operating Cash Flow | (23.85) | (25.06) | (25.18) | (27.22) | (23.55) |
| Investing Cash Flow | (0.02) | (0.02) | (0.06) | (0.07) | (0.01) |
| Financing Cash Flow | 15.54 | 18.84 | (0.06) | (0.05) | 93.44 |
