Financial Statements — ENGNW
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 |
|---|
| Cash & Equivalents | 29.83 | 36.61 | 32.62 | 57.55 | 62.35 | 257.68 | 264.81 | 85.65 |
| Short-term Investments | 228.64 | 239.34 | 169.29 | 159.85 | 151.47 | -- | -- | -- |
| Total Current Assets | 270.00 | 289.22 | 211.31 | 227.97 | 222.32 | 262.69 | 269.61 | 89.58 |
| Property, Plant & Equipment | 2.34 | 2.44 | 1.88 | 1.55 | 1.37 | 1.01 | 1.11 | 0.99 |
| Total Non-current Assets* | 37.52 | 47.90 | 34.24 | 38.68 | 63.61 | 4.18 | 3.92 | 3.84 |
| Total Assets | 307.52 | 337.11 | 245.55 | 266.65 | 285.93 | 266.88 | 273.53 | 93.42 |
| Accounts Payable | 1.79 | 2.44 | 2.38 | 1.57 | 2.61 | 2.86 | 0.21 | 1.27 |
| Total Current Liabilities | 21.49 | 24.61 | 20.44 | 18.00 | 12.96 | 13.46 | 6.30 | 6.91 |
| Total Non-current Liabilities* | 30.87 | 30.96 | 24.44 | 21.36 | 23.03 | 23.09 | 24.26 | 24.13 |
| Total Liabilities | 52.36 | 55.57 | 44.88 | 39.36 | 35.98 | 36.55 | 30.56 | 31.04 |
| Retained Earnings | (432.01) | (401.78) | (334.15) | (305.16) | (279.35) | (239.43) | (225.28) | (210.30) |
| Total Stockholder Equity | 255.17 | 281.55 | 200.67 | 227.29 | 249.95 | 230.33 | 242.97 | 62.39 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 |
|---|
| Research & Development | 22.20 | 22.26 | 31.72 | 22.58 | 20.21 | 19.97 | 11.27 | 11.55 | 9.86 | 5.64 | 5.67 |
| Selling, General & Admin | 9.77 | 8.93 | 7.76 | 7.37 | 6.92 | 6.64 | 6.18 | 5.21 | 7.46 | 5.14 | 4.77 |
| Total Operating Expenses | 31.97 | 31.19 | 39.48 | 29.95 | 27.12 | 26.61 | 17.45 | 16.76 | 17.31 | 10.77 | 10.44 |
| Operating Income | (31.97) | (31.18) | (39.48) | (29.95) | (27.12) | (26.61) | (17.45) | (16.76) | (17.31) | (10.77) | (10.44) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.73 | 0.56 | -- |
| Pretax Income | (30.23) | (29.75) | (38.38) | (28.75) | (25.57) | (24.60) | (15.28) | (14.18) | (14.96) | (10.74) | (82.48) |
| Tax Provision | 0.00 | 0.00 | (0.50) | 0.24 | 0.24 | 0.02 | 0.02 | (0.03) | 0.02 | (0.03) | 0.02 |
| Net Income | (30.23) | (29.75) | (37.88) | (28.99) | (25.81) | (24.62) | (15.30) | (14.15) | (14.98) | (10.71) | (82.50) |
| Basic EPS | (0.43) | 0.44 | 0.73 | 0.57 | 0.51 | 0.48 | 0.30 | 0.32 | 0.38 | 0.46 | 120.08 |
| Diluted EPS | (0.43) | 0.44 | 0.73 | 0.57 | 0.51 | 0.48 | 0.30 | 0.32 | 0.38 | 0.46 | 120.08 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 |
|---|
| Operating Cash Flow | (30.50) | (28.90) | (24.96) | (25.63) | (22.95) | (25.70) | (19.57) | (7.18) | (14.16) | (7.37) |
| Capital Expenditures | 0.10 | 0.15 | 0.44 | 0.70 | 0.05 | 0.30 | 0.24 | 0.00 | 0.18 | 0.51 |
| Free Cash Flow* | (30.60) | (29.06) | (25.40) | (26.34) | (22.99) | (25.99) | (19.81) | (7.18) | (14.34) | (7.88) |
| Investing Cash Flow | 23.64 | (126.30) | 40.50 | 1.38 | 17.95 | (84.96) | (125.27) | (0.66) | (0.18) | (0.51) |
| Financing Cash Flow | 0.07 | 141.66 | 1.99 | (0.67) | 0.20 | 0.00 | 60.16 | 0.05 | 193.51 | 12.00 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
