Financial Statements — CTMX
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 | 28.83 | 34.19 | 49.04 | 47.60 | 40.58 | 43.25 | 36.19 | 26.02 | 57.54 | 56.36 | 95.04 | 129.29 | 163.49 | 236.28 | 256.15 | 329.67 |
| Accounts Receivable | 0.65 | 1.63 | 1.87 | 1.96 | 3.35 | 2.78 | 13.18 | 2.42 | 1.90 | 1.09 | 1.71 | 1.01 | 1.02 | 0.89 | 0.93 | 0.76 |
| Total Current Assets | 353.10 | 149.22 | 164.62 | 86.63 | 124.18 | 143.08 | 167.25 | 201.20 | 187.80 | 212.28 | 200.28 | 232.77 | 268.44 | 241.00 | 271.01 | 400.01 |
| Property, Plant & Equipment | 1.09 | 1.72 | 1.95 | 2.23 | 2.94 | 3.32 | 3.57 | 4.06 | 4.50 | 4.57 | 5.71 | 5.92 | 6.09 | 6.27 | 6.70 | 7.17 |
| Goodwill | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 |
| Total Non-current Assets* | 6.26 | 9.04 | 10.44 | 11.87 | 14.80 | 16.14 | 17.44 | 19.96 | 21.38 | 22.35 | 26.21 | 27.32 | 28.38 | 130.24 | 131.44 | 34.15 |
| Total Assets | 359.36 | 158.25 | 175.06 | 98.50 | 138.98 | 159.22 | 184.69 | 221.17 | 209.19 | 234.63 | 226.49 | 260.09 | 296.83 | 371.23 | 402.44 | 434.16 |
| Accounts Payable | 1.37 | 0.65 | 0.23 | 0.28 | 1.42 | 0.61 | 1.96 | 1.71 | 1.03 | 2.20 | 5.18 | 1.92 | 1.72 | 1.52 | 1.76 | 2.58 |
| Total Current Liabilities | 34.02 | 41.03 | 39.22 | 50.20 | 119.23 | 142.86 | 144.54 | 146.79 | 141.38 | 151.26 | 97.84 | 99.44 | 102.77 | 99.77 | 93.38 | 98.05 |
| Total Non-current Liabilities* | 5.39 | 9.84 | 15.92 | 23.25 | 43.21 | 47.59 | 71.83 | 125.62 | 152.84 | 170.01 | 100.18 | 111.94 | 125.87 | 159.79 | 178.11 | 190.09 |
| Total Liabilities | 39.41 | 50.87 | 55.15 | 73.45 | 162.43 | 190.45 | 216.37 | 272.40 | 294.21 | 321.27 | 198.02 | 211.38 | 228.63 | 259.56 | 271.49 | 288.14 |
| Retained Earnings | (730.20) | (682.44) | (668.21) | (668.05) | (710.45) | (716.19) | (709.66) | (724.28) | (727.28) | (726.19) | (605.09) | (581.79) | (557.61) | (507.50) | (484.91) | (465.67) |
| Total Stockholder Equity | 319.94 | 107.39 | 119.91 | 25.05 | (23.45) | (31.23) | (31.68) | (51.24) | (85.03) | (86.64) | 28.47 | 48.71 | 68.19 | 111.67 | 130.95 | 146.02 |
* Derived from reported values
Income 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 |
|---|
| Total Revenue | 10.26 | 0.66 | 5.96 | 18.66 | 50.92 | 38.09 | 33.43 | 25.12 | 41.46 | 26.61 | 26.38 | 24.72 | 23.50 | 0.95 | 16.92 | 18.17 | 17.14 | (12.53) | 17.59 | 16.29 |
| Research & Development | 19.24 | 21.23 | 15.30 | 13.32 | 18.87 | 14.79 | 21.37 | 25.17 | 22.05 | 19.39 | 16.45 | 20.67 | 21.18 | 19.56 | 30.37 | 31.16 | 30.56 | 36.58 | 29.14 | 26.10 |
| Selling, General & Admin | 10.69 | 7.36 | 6.43 | 6.62 | 9.43 | 5.62 | 7.95 | 8.40 | 7.75 | 7.83 | 6.81 | 7.40 | 7.98 | 10.07 | 10.49 | 11.75 | 10.54 | 9.46 | 11.09 | 9.39 |
| Total Operating Expenses | 29.93 | 28.59 | 21.73 | 19.94 | 28.30 | 20.41 | 29.32 | 33.57 | 29.81 | 27.21 | 23.26 | 28.07 | 29.15 | 29.63 | 40.86 | 42.91 | 41.10 | 46.04 | 40.23 | 35.49 |
| Operating Income | (19.67) | (27.93) | (15.77) | (1.29) | 22.62 | 17.68 | 4.11 | (8.45) | 11.66 | (0.61) | 3.12 | (3.35) | (5.65) | (28.68) | (23.94) | (24.74) | (23.97) | (58.57) | (22.64) | (19.20) |
| Pretax Income | (18.19) | (26.45) | (14.17) | (0.09) | 23.59 | 18.94 | 5.80 | (6.48) | 13.84 | 1.91 | 5.82 | -- | -- | -- | -- | -- | -- | (58.49) | (22.58) | (19.24) |
| Tax Provision | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 1.07 | 2.82 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (18.25) | (26.51) | (14.23) | (0.15) | 23.53 | 18.88 | 5.74 | (6.53) | 13.79 | 0.84 | 2.99 | (1.09) | (3.31) | (27.95) | (23.30) | (24.18) | (23.88) | (58.49) | (22.58) | (19.24) |
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 | (25.55) | (23.24) | (15.55) | (15.75) | (21.04) | (19.91) | (20.73) | (19.55) | (26.04) | (21.96) | (18.24) | (25.18) | 9.35 | (1.39) | (33.84) | (34.24) | (41.31) | (31.19) | (29.70) | (28.20) |
| Capital Expenditures | 0.00 | 0.20 | (0.13) | 0.03 | 0.12 | 0.08 | 0.02 | 0.10 | 0.12 | 0.27 | 0.01 | 0.52 | 0.05 | 0.18 | 0.41 | 0.41 | 0.74 | 0.25 | 0.27 | 0.11 |
| Free Cash Flow* | (25.55) | (23.44) | (15.42) | (15.78) | (21.16) | (19.99) | (20.75) | (19.64) | (26.16) | (22.23) | (18.25) | (25.69) | 9.30 | (1.58) | (34.25) | (34.65) | (42.05) | (31.44) | (29.97) | (28.31) |
| Investing Cash Flow | (192.78) | (14.42) | 0.44 | (76.36) | 30.60 | 15.14 | 18.17 | 21.51 | 44.89 | 12.87 | (42.94) | 26.04 | (146.64) | 99.82 | (0.41) | (0.41) | (0.74) | (0.24) | 9.73 | (46.01) |
| Financing Cash Flow | 234.49 | 16.64 | 0.25 | 93.55 | 0.00 | 2.25 | 0.00 | 5.10 | 0.17 | 0.24 | 29.67 | 0.32 | 0.00 | 0.19 | 0.00 | 0.45 | 0.01 | 0.68 | 0.10 | 0.69 |
* Derived from reported values
