Financial Statements — FOXXW
Balance Sheet
(in millions USD)| Metric | Q3 2026 | Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.19 | 1.77 | 1.48 | 3.79 | 3.94 | 9.18 |
| Accounts Receivable | 4.11 | 6.32 | 12.77 | 7.15 | 7.64 | 12.37 |
| Inventory | 6.97 | 10.18 | 11.46 | 16.66 | 15.77 | 4.54 |
| Total Current Assets | 15.03 | 19.84 | 27.15 | 30.44 | 29.97 | 47.55 |
| Property, Plant & Equipment | 0.09 | 0.10 | 0.12 | 0.14 | 0.19 | 0.17 |
| Total Non-current Assets* | 13.10 | 22.21 | 22.66 | 2.41 | 1.96 | 1.99 |
| Total Assets | 28.13 | 42.04 | 49.81 | 32.85 | 31.94 | 49.55 |
| Accounts Payable | 32.33 | 29.68 | 31.67 | 29.35 | 24.10 | 19.29 |
| Short-term Debt | -- | -- | -- | -- | -- | 0.29 |
| Total Current Liabilities | 39.88 | 33.95 | 37.47 | 33.38 | 28.65 | 47.95 |
| Long-term Debt | 0.08 | 0.08 | 0.09 | 0.10 | 0.11 | 0.11 |
| Total Non-current Liabilities | 36.06 | 19.91 | 20.28 | 1.02 | 1.08 | 1.14 |
| Total Liabilities | 75.94 | 53.87 | 57.75 | 34.41 | 29.73 | 49.09 |
| Retained Earnings | (63.47) | (27.20) | (22.91) | (15.95) | (11.87) | (13.29) |
| Total Stockholder Equity | (47.82) | (11.82) | (7.94) | (1.56) | 2.20 | 0.46 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 8.67 | 16.72 | 20.22 | 13.93 | 11.39 | 17.48 | 23.11 | -- |
| Cost of Revenue | 10.12 | 14.50 | 17.48 | 12.41 | 10.73 | 15.29 | 22.71 | -- |
| Gross Profit | (1.45) | 2.22 | 2.74 | 1.52 | 0.66 | 2.19 | 0.40 | -- |
| Research & Development | 1.09 | 0.19 | 0.31 | 0.56 | 0.83 | 0.67 | 0.02 | -- |
| Selling, General & Admin | 2.93 | 3.10 | 2.43 | 2.35 | 1.82 | 1.94 | 0.96 | 0.67 |
| Total Operating Expenses* | 32.52 | 4.44 | 3.64 | 3.61 | 4.22 | 4.43 | 2.21 | -- |
| Operating Income | (33.97) | (2.22) | (0.89) | (2.09) | (3.56) | (2.24) | (1.81) | (1.24) |
| Pretax Income | (36.27) | (4.29) | (2.87) | (4.02) | (4.08) | 1.42 | (2.27) | (1.36) |
| Tax Provision | -- | -- | -- | -- | 0.02 | -- | -- | -- |
| Net Income | (36.27) | (4.29) | (2.87) | (4.09) | (4.08) | 1.42 | (2.27) | (1.36) |
| Basic EPS | (5.19) | (0.62) | (0.42) | (0.44) | (0.58) | 0.20 | (0.65) | (2.80) |
| Diluted EPS | (5.19) | (0.62) | (0.42) | (0.44) | (0.58) | 0.20 | (0.65) | (2.80) |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.43 | 0.28 | (0.38) | (1.91) | (0.18) | (4.23) | (0.24) |
| Capital Expenditures | -- | -- | -- | 0.00 | 0.06 | 0.03 | 0.04 |
| Free Cash Flow* | -- | -- | -- | (1.91) | (0.24) | (4.27) | (0.28) |
| Investing Cash Flow | 0.00 | 0.01 | -- | 0.00 | -0.00 | (0.03) | (0.04) |
| Financing Cash Flow | (0.01) | (0.01) | (0.01) | -0.00 | -0.00 | (20.38) | 28.28 |
* Derived from reported values