Financial Statements — EVTV
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 | 2.01 | 0.08 | 0.94 | 0.21 | 0.68 | 0.44 | 1.05 | 0.88 | 0.83 | 1.67 | 2.62 | 4.27 | 4.04 | 10.58 | 8.29 | 8.26 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | 0.00 | 1.01 | 1.01 | 1.98 | 2.00 | 5.00 | 7.01 | 12.01 | -- |
| Accounts Receivable | -- | -- | -- | -- | 1.09 | 1.43 | 1.03 | 1.62 | 2.73 | 1.89 | 3.38 | 2.94 | 1.52 | 0.75 | 0.16 | 0.16 |
| Inventory | 0.00 | 4.86 | 4.86 | 6.25 | 6.70 | 6.70 | 7.24 | 6.88 | 6.94 | 5.73 | 5.95 | 6.58 | 7.29 | 1.02 | 1.86 | 0.98 |
| Total Current Assets | 6.77 | 15.48 | 16.31 | 20.07 | 12.24 | 11.99 | 12.64 | 13.59 | 14.83 | 16.00 | 19.56 | 20.69 | 21.58 | 24.32 | 25.84 | 10.65 |
| Property, Plant & Equipment | 2.25 | 1.86 | 1.97 | 0.71 | 0.44 | 0.38 | 0.31 | 0.36 | 0.39 | 0.36 | 0.31 | 0.29 | 0.27 | 0.30 | 0.24 | 0.09 |
| Goodwill | -- | 0.00 | 0.00 | 0.00 | 9.58 | 9.58 | 9.58 | 11.29 | 14.68 | 14.68 | 51.78 | 51.78 | 51.78 | 49.55 | 49.55 | 49.55 |
| Intangible Assets | -- | 0.00 | 3.52 | 3.75 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 4.42 | 2.72 | 6.43 | 4.78 | 10.60 | 10.52 | 10.52 | 11.83 | 15.21 | 15.13 | 52.16 | 52.14 | 52.12 | 50.15 | 50.19 | 50.04 |
| Total Assets | 11.19 | 18.20 | 22.74 | 24.84 | 22.83 | 22.51 | 23.16 | 25.42 | 30.04 | 31.13 | 71.72 | 72.83 | 73.70 | 74.47 | 76.04 | 60.68 |
| Accounts Payable | 5.24 | 2.93 | 2.16 | 1.81 | 1.08 | 0.96 | 0.96 | 0.74 | 0.97 | 0.88 | 0.16 | 0.27 | 0.17 | 0.17 | 0.23 | 0.14 |
| Total Current Liabilities | 18.31 | 15.98 | 16.43 | 15.67 | 3.57 | 4.28 | 4.49 | 1.63 | 1.36 | 1.30 | 1.34 | 1.27 | 0.96 | 1.06 | 1.57 | 1.87 |
| Long-term Debt | 4.54 | 2.88 | 4.94 | 4.57 | 0.92 | 1.32 | 1.12 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 1.06 | 0.36 | 0.41 | 0.00 | 0.31 | 0.08 | 0.16 | 0.01 | 0.01 | 0.02 | 0.02 | 0.00 | 0.01 | 0.06 | 0.43 | 0.18 |
| Total Liabilities | 19.37 | 16.33 | 16.84 | 15.67 | 3.88 | 4.36 | 4.66 | 1.64 | 1.37 | 1.32 | 1.36 | 1.27 | 0.96 | 1.12 | 2.00 | 2.05 |
| Retained Earnings | (116.58) | (99.00) | (92.64) | (87.50) | (71.13) | (69.90) | (69.14) | (61.44) | (55.45) | (54.20) | (13.56) | (12.24) | (11.06) | (2.87) | (2.02) | (1.13) |
| Total Stockholder Equity | (8.18) | 1.86 | 5.91 | 9.17 | 18.95 | 18.15 | 18.51 | 23.78 | 28.67 | 29.81 | 70.36 | 71.56 | 72.74 | 73.35 | 74.04 | 58.64 |
* 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 |
|---|
| Total Revenue | 2.25 | 2.49 | 1.81 | 1.05 | 0.59 | 0.25 | 0.00 | 0.81 | 0.81 | 0.11 | 0.10 | 2.13 | 0.52 | 1.88 | 1.03 | 1.51 | 0.09 | 0.67 | 0.71 | 0.19 |
| Cost of Revenue | 2.44 | 14.43 | 1.73 | 2.50 | 0.47 | 0.14 | 0.13 | 0.61 | 0.50 | 0.12 | 0.08 | 1.25 | 0.40 | 1.17 | 0.68 | 0.85 | 0.08 | 0.35 | 0.47 | 0.15 |
| Gross Profit | (0.19) | (11.94) | 0.08 | (1.46) | 0.12 | 0.11 | (0.13) | 0.20 | 0.31 | (0.01) | 0.02 | 0.88 | 0.12 | 0.71 | 0.35 | 0.66 | 0.01 | 0.32 | 0.24 | 0.04 |
| Research & Development | 0.01 | 0.00 | 0.04 | 0.59 | 0.10 | 0.04 | 0.02 | 0.06 | 0.07 | 0.06 | 0.05 | 0.06 | 0.07 | 0.04 | 0.03 | 0.09 | 0.00 | 0.06 | 0.00 | 0.00 |
| Selling, General & Admin | 3.57 | 2.15 | 2.78 | 2.75 | 3.60 | 2.09 | 1.40 | 1.47 | 3.19 | 1.39 | 2.58 | 2.04 | 2.17 | 1.88 | 1.58 | 1.65 | 2.88 | 5.47 | 1.34 | 0.84 |
| Total Operating Expenses | 3.58 | 2.15 | 6.14 | 3.34 | 13.85 | 2.14 | 1.47 | 1.53 | 3.26 | 3.16 | 6.00 | 2.15 | 2.41 | 39.09 | 1.70 | 1.83 | 2.95 | 5.58 | 1.38 | 0.93 |
| Operating Income | (3.77) | (14.09) | (6.06) | (4.80) | (13.73) | (2.03) | (1.61) | (1.32) | (2.96) | (3.17) | (5.98) | (1.27) | (2.29) | (38.38) | (1.35) | (1.17) | (2.94) | (5.25) | (1.14) | (0.89) |
| Pretax Income | (3.99) | (13.59) | (6.36) | (5.15) | (14.04) | (2.33) | (1.23) | (0.76) | (4.53) | (3.17) | (5.99) | (1.25) | (2.27) | (38.37) | (1.32) | (1.18) | (2.94) | (5.25) | (0.85) | (0.89) |
| Tax Provision | 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 | 0.00 | 0.00 | (0.22) | 0.00 | 0.22 |
| Net Income | (3.99) | (13.59) | (6.36) | (5.15) | (14.04) | (2.33) | (1.23) | (0.76) | (4.53) | (3.17) | (5.99) | (1.25) | (2.27) | (38.37) | (1.32) | (1.18) | (2.94) | (5.25) | (0.85) | (0.89) |
| Basic EPS | (0.31) | (7.10) | (1.79) | (2.01) | (0.64) | (0.13) | (0.08) | (0.05) | (0.29) | (0.21) | (0.40) | (0.08) | (0.15) | (2.69) | (0.09) | (0.08) | (0.01) | -- | -- | -- |
| Diluted EPS | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.01 | (0.07) | -- | -- | -- | -- |
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 | (3.34) | 0.71 | (0.91) | (1.17) | (4.22) | (0.66) | (1.15) | (0.96) | (0.74) | (0.21) | (0.97) | (0.82) | (2.25) | 0.84 | (1.65) | (2.72) | (3.91) | (3.02) | (3.10) | (3.92) |
| Capital Expenditures | 1.53 | 0.00 | 0.00 | 0.00 | 0.18 | 0.20 | 0.09 | 0.14 | 0.00 | -0.00 | 0.00 | 0.02 | 0.02 | 0.08 | 0.04 | 0.04 | 0.01 | 0.00 | (0.16) | 0.18 |
| Free Cash Flow* | (4.87) | 0.71 | (0.91) | (1.17) | (4.39) | (0.86) | (1.24) | (1.10) | (0.74) | (0.21) | (0.97) | (0.84) | (2.27) | 0.76 | (1.68) | (2.76) | (3.92) | (3.02) | (2.94) | (4.10) |
| Investing Cash Flow | (1.53) | 0.00 | 0.00 | 0.00 | (0.18) | (4.48) | (0.09) | (0.14) | 0.00 | 0.00 | 1.01 | (0.02) | 1.31 | (0.43) | -0.00 | 2.96 | 2.99 | (1.02) | 5.16 | (12.18) |
| Financing Cash Flow | 6.52 | (0.43) | 0.05 | 1.90 | 2.66 | 6.39 | 1.49 | 0.49 | 1.33 | (0.22) | -0.00 | (0.05) | (0.16) | (0.26) | -0.00 | (0.01) | 0.11 | (1.69) | 0.04 | 16.13 |
* Derived from reported values
