Financial Statements — ERAS
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 |
|---|
| Cash & Equivalents | 0.05 | 0.07 | 0.07 | 0.07 | 0.07 | 0.17 | 0.08 | 0.11 | 0.14 | 0.27 | 0.22 | 0.30 | 0.33 | 0.45 | 0.16 |
| Short-term Investments | 0.20 | 0.22 | 0.23 | 0.23 | 0.25 | 0.24 | 0.22 | 0.18 | 0.18 | 0.12 | 0.14 | 0.07 | 0.06 | 0.04 | 0.04 |
| Total Current Assets | 0.25 | 0.30 | 0.31 | 0.31 | 0.33 | 0.42 | 0.31 | 0.31 | 0.32 | 0.40 | 0.37 | 0.38 | 0.40 | 0.49 | 0.20 |
| Property, Plant & Equipment | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 |
| Total Non-current Assets* | 0.21 | 0.12 | 0.13 | 0.16 | 0.20 | 0.11 | 0.06 | 0.11 | 0.12 | 0.07 | 0.08 | 0.06 | 0.07 | 0.03 | 0.01 |
| Total Assets | 0.46 | 0.42 | 0.45 | 0.47 | 0.53 | 0.53 | 0.37 | 0.42 | 0.44 | 0.47 | 0.45 | 0.44 | 0.48 | 0.52 | 0.21 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total Non-current Liabilities* | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.05 | 0.03 | 0.03 | 0.02 | 0.00 |
| Total Liabilities | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.05 | 0.05 | 0.04 | 0.02 |
| Retained Earnings | (1.08) | (0.86) | (0.83) | (0.80) | (0.74) | (0.70) | (0.64) | (0.58) | (0.55) | (0.51) | (0.35) | (0.31) | (0.27) | (0.21) | (0.16) |
| Total Stockholder Equity | 0.39 | 0.35 | 0.37 | 0.40 | 0.45 | 0.45 | 0.29 | 0.34 | 0.36 | 0.39 | 0.37 | 0.40 | 0.42 | 0.48 | (0.15) |
* 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 |
|---|
| Selling, General & Admin | 10.65 | 9.36 | 10.07 | 9.46 | 9.66 | 9.59 | 9.61 | 12.25 | 10.28 | 9.07 | 9.45 | 9.75 | 9.44 | 8.72 | 8.78 | 8.42 | 7.08 | 6.92 | 6.92 | 5.10 |
| Total Operating Expenses | 187.91 | 32.60 | 34.55 | 38.13 | 35.63 | 35.71 | 37.24 | 67.78 | 38.85 | 33.87 | 34.66 | 35.97 | 37.03 | 138.08 | 36.96 | 35.91 | 36.51 | 31.05 | 46.04 | 28.18 |
| Operating Income | (187.91) | (32.60) | (34.55) | (38.12) | (35.63) | (35.71) | (37.24) | (67.78) | (38.85) | (33.87) | (34.66) | (35.97) | (37.02) | (138.08) | (36.96) | (35.90) | (36.51) | (31.05) | (46.04) | (28.18) |
| Net Income | (183.44) | (29.09) | (30.61) | (33.88) | (30.97) | (32.23) | (31.20) | (63.20) | (35.02) | (29.70) | (30.36) | (31.78) | (33.20) | (135.25) | (35.49) | (35.61) | (36.46) | (30.46) | (46.07) | (28.21) |
| Basic EPS | (0.60) | (0.10) | (0.11) | (0.12) | (0.11) | (0.06) | (0.11) | (0.29) | (0.23) | (0.20) | (0.20) | (0.21) | (0.22) | (1.09) | (0.29) | (0.30) | -- | -- | -- | -- |
| Diluted EPS | (0.60) | (0.10) | (0.11) | (0.12) | (0.11) | (0.06) | (0.11) | (0.29) | (0.23) | (0.20) | (0.20) | (0.21) | (0.22) | (1.09) | (0.29) | (0.30) | -- | -- | -- | -- |
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 | (27.38) | (21.71) | (21.66) | (20.53) | (31.55) | (24.56) | (22.42) | (29.18) | (33.25) | (24.79) | (24.12) | (25.95) | (26.36) | (26.37) | (23.94) | (27.14) | (25.81) | (22.48) | (23.22) | (33.90) |
| Capital Expenditures | 0.04 | 0.01 | 0.01 | 0.03 | 0.08 | 0.00 | 0.01 | 0.01 | 0.04 | 0.08 | 0.24 | 0.25 | 1.21 | 0.86 | 1.79 | 4.56 | 7.34 | 5.83 | 0.15 | 0.70 |
| Free Cash Flow* | (27.42) | (21.72) | (21.66) | (20.56) | (31.64) | (24.56) | (22.42) | (29.20) | (33.29) | (24.87) | (24.36) | (26.20) | (27.56) | (27.24) | (25.74) | (31.70) | (33.14) | (28.31) | (23.37) | (34.60) |
| Investing Cash Flow | (243.83) | 24.71 | 25.70 | 15.75 | 34.27 | 22.62 | (102.59) | (86.61) | 9.97 | 4.55 | (1.81) | (108.67) | 14.71 | (4.87) | (55.23) | (9.19) | (1.79) | (63.95) | (4.94) | 4.30 |
| Financing Cash Flow | 244.66 | 0.57 | 0.04 | 0.45 | 0.03 | 0.80 | 21.10 | 211.87 | 6.93 | 0.46 | 0.01 | 0.65 | 0.18 | 96.20 | 0.43 | 0.99 | 0.46 | 1.11 | 317.57 | 120.72 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
