Financial Statements — FLYE
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Cash & Equivalents | 0.30 | 2.54 | 2.33 | 1.37 | 1.27 | 4.47 |
| Accounts Receivable | 1.57 | 1.47 | 1.07 | 0.31 | 0.37 | 0.37 |
| Inventory | 5.08 | 6.55 | 5.94 | 8.61 | 8.60 | 6.09 |
| Total Current Assets | 20.67 | 16.75 | 16.76 | 12.84 | 13.17 | 13.87 |
| Property, Plant & Equipment | 6.00 | 6.83 | 7.13 | 7.23 | 6.64 | 2.01 |
| Intangible Assets | 0.46 | 0.49 | 0.50 | 0.56 | 0.53 | 0.04 |
| Total Non-current Assets* | 13.29 | 14.88 | 17.00 | 24.40 | 25.00 | 21.33 |
| Total Assets | 33.96 | 31.63 | 33.76 | 37.24 | 38.17 | 35.20 |
| Accounts Payable | 0.34 | 0.48 | 0.98 | 0.43 | 0.55 | 0.42 |
| Short-term Debt | -- | 5.53 | 6.32 | -- | -- | -- |
| Total Current Liabilities | 7.29 | 8.61 | 10.75 | 9.87 | 10.86 | 6.17 |
| Long-term Debt | 0.10 | 0.20 | 0.22 | -- | -- | -- |
| Total Non-current Liabilities* | 5.67 | 7.72 | 9.31 | 14.24 | 13.48 | 14.06 |
| Total Liabilities | 12.96 | 16.33 | 20.05 | 24.11 | 24.34 | 20.23 |
| Retained Earnings | (6.60) | (4.68) | (2.90) | 2.39 | 3.07 | 4.22 |
| Total Stockholder Equity | 20.99 | 15.30 | 13.70 | 13.13 | 13.83 | 14.97 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 |
|---|
| Total Revenue | 7.18 | 2.65 | 3.91 | 5.33 | 5.05 | 5.68 | 6.82 | 7.87 | 8.17 |
| Cost of Revenue | 0.30 | 0.40 | 0.40 | 0.40 | 0.44 | 0.36 | 0.31 | 0.29 | 0.26 |
| Gross Profit | 0.37 | 1.05 | 0.98 | 2.26 | 1.89 | 2.56 | 2.90 | 3.10 | 3.65 |
| Research & Development | -- | -- | -- | -- | 0.11 | 0.13 | 0.16 | 0.15 | -- |
| Selling, General & Admin | 2.30 | 1.87 | 1.00 | 2.44 | 2.42 | 1.56 | 2.09 | 1.53 | 1.16 |
| Total Operating Expenses | 2.70 | 2.61 | 2.02 | 3.77 | 4.23 | 3.50 | 4.14 | 3.15 | 2.44 |
| Operating Income | (2.33) | (1.56) | (1.05) | (1.50) | (2.34) | (0.94) | (1.23) | (0.05) | 1.21 |
| Pretax Income | (3.06) | (2.07) | (1.74) | (2.06) | (5.04) | (1.11) | 1.30 | (0.11) | 1.15 |
| Tax Provision | 0.49 | (0.15) | 0.04 | (0.05) | 0.86 | (0.43) | (0.17) | 0.07 | 0.45 |
| Net Income | (3.55) | (1.92) | (1.78) | (2.01) | (3.28) | (0.68) | (1.14) | (0.18) | 0.69 |
| Basic EPS | -- | (1.18) | (2.18) | (0.30) | (1.01) | (0.03) | (0.05) | (0.01) | 0.80 |
| Diluted EPS | -- | (1.18) | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Operating Cash Flow | 0.12 | (6.26) | (2.42) | (5.28) | (0.65) | -0.00 | (4.89) | (4.52) |
| Capital Expenditures | 0.00 | 0.03 | (0.10) | 0.14 | 0.02 | 0.04 | 1.22 | 0.35 |
| Free Cash Flow* | 0.12 | (6.29) | (2.33) | (5.43) | (0.66) | (0.04) | (6.11) | (4.87) |
| Investing Cash Flow | (0.21) | (1.83) | (0.04) | (0.41) | (0.06) | 0.01 | (1.78) | (1.07) |
| Financing Cash Flow | (0.01) | 5.89 | 2.63 | 7.17 | 0.25 | 0.11 | 3.47 | 8.65 |
* Derived from reported values
