Financial Statements — GIFT
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 |
|---|
| Cash & Equivalents | 4.18 | 4.02 | 3.26 | 2.12 | 3.09 | 4.66 | 5.40 | 2.61 | 2.13 | -- | -- | -- | -- |
| Accounts Receivable | 0.16 | 0.12 | 0.12 | 1.59 | 1.20 | 0.90 | 1.11 | 0.16 | 0.14 | 0.12 | 0.10 | 0.05 | 0.12 |
| Inventory | 3.09 | 2.80 | 2.02 | 3.83 | 4.40 | 5.24 | 3.47 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 7.74 | 7.22 | 5.77 | 7.85 | 8.80 | 11.01 | 10.29 | 2.90 | 2.53 | 1.11 | 1.79 | 2.48 | 1.92 |
| Property, Plant & Equipment | 0.28 | 0.61 | 0.77 | 0.93 | 2.30 | 2.33 | 2.41 | -- | -- | -- | -- | -- | -- |
| Goodwill | 20.01 | 20.01 | 20.01 | 20.01 | 20.01 | 20.01 | 20.01 | -- | -- | -- | -- | -- | 0.15 |
| Intangible Assets | 1.91 | 3.07 | 3.64 | 3.72 | 4.88 | 5.48 | 6.09 | -- | -- | -- | 0.36 | 0.39 | 0.28 |
| Total Non-current Assets* | 23.28 | 24.93 | 25.73 | 26.06 | 28.73 | 29.44 | 28.82 | 0.27 | 0.29 | 0.03 | 0.49 | 0.56 | 0.62 |
| Total Assets | 31.02 | 32.14 | 31.50 | 33.90 | 37.54 | 40.46 | 39.11 | 3.17 | 2.82 | 1.14 | 2.28 | 3.04 | 2.54 |
| Accounts Payable | 2.33 | 1.91 | 1.62 | 2.09 | 1.99 | 1.71 | 1.84 | 1.17 | 1.32 | 1.32 | 1.18 | 1.19 | 1.09 |
| Total Current Liabilities | 7.73 | 8.75 | 7.48 | 9.87 | 10.99 | 12.15 | 10.52 | 2.02 | 2.11 | 2.05 | 3.81 | 4.06 | 3.88 |
| Total Non-current Liabilities* | 1.81 | 2.21 | 2.45 | 2.69 | 4.41 | 4.49 | 3.46 | 0.96 | 0.98 | 0.74 | 0.81 | 0.80 | 0.83 |
| Total Liabilities | 9.54 | 10.96 | 9.93 | 12.56 | 15.40 | 16.64 | 13.98 | 2.98 | 3.09 | 2.79 | 4.63 | 4.86 | 4.71 |
| Retained Earnings | (101.44) | (96.54) | (94.10) | (91.51) | (84.46) | (80.40) | (72.65) | (64.03) | (63.84) | (61.99) | (60.81) | (60.21) | (60.02) |
| Total Stockholder Equity | 21.48 | 21.18 | 21.57 | 21.34 | 22.14 | 23.82 | 25.14 | 0.20 | (0.27) | (1.65) | (2.34) | (1.82) | (2.17) |
* 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 |
|---|
| Total Revenue | 21.36 | 21.22 | 18.78 | 20.90 | 22.28 | 24.18 | 23.21 | 20.02 | 21.52 | 21.20 | 0.57 | 0.72 | 0.81 | 1.05 | 0.82 | 1.81 | 0.76 |
| Cost of Revenue | 17.11 | 16.91 | 15.04 | 17.05 | 18.70 | 20.54 | 20.22 | 16.76 | 18.26 | 18.87 | -- | -- | -- | -- | -- | -- | 0.00 |
| Gross Profit | 4.25 | 4.31 | 3.75 | 3.86 | 3.58 | 3.64 | 2.99 | 3.26 | 3.26 | 2.33 | -- | -- | -- | -- | -- | -- | 0.00 |
| Selling, General & Admin | 6.17 | 5.69 | 5.49 | 5.71 | 6.04 | 6.66 | 5.91 | 9.83 | 5.21 | 6.88 | 0.70 | 2.45 | 1.12 | 1.23 | 1.32 | 1.48 | 1.44 |
| Total Operating Expenses | 6.91 | 6.43 | 6.24 | 6.43 | 6.75 | 7.81 | 6.77 | 10.74 | 6.20 | 8.99 | 0.76 | 2.56 | 1.21 | 1.78 | 1.39 | 2.00 | 1.56 |
| Operating Income | (2.67) | (2.12) | (2.49) | (2.58) | (3.17) | (4.17) | (3.78) | (7.48) | (2.94) | (0.66) | (0.19) | (1.83) | (0.40) | (0.73) | (0.57) | (0.19) | (0.80) |
| Pretax Income | (2.78) | (2.32) | (2.58) | (2.72) | (3.38) | (4.51) | (4.06) | (7.74) | (3.19) | 1.61 | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | (0.13) | -- | (0.14) | (0.13) | (0.16) | -- | -0.00 | 0.00 | (0.03) | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | (2.65) | (2.25) | (2.44) | (2.59) | (3.22) | (3.84) | (4.06) | (7.74) | (3.19) | 2.33 | (0.19) | (1.84) | (0.42) | (0.76) | (0.60) | (0.19) | 0.27 |
| Basic EPS | (0.08) | (0.07) | (0.08) | (0.09) | (0.11) | (0.14) | (0.16) | (0.30) | (0.13) | 0.24 | (0.10) | (0.12) | (0.03) | (0.06) | (0.04) | (0.01) | 0.02 |
| Diluted EPS | (0.08) | (0.07) | (0.08) | (0.09) | (0.11) | (0.14) | (0.16) | (0.30) | (0.13) | 0.24 | (0.10) | (0.12) | (0.03) | -- | -- | (0.01) | 0.02 |
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 |
|---|
| Operating Cash Flow | (0.04) | (1.09) | (0.79) | 1.74 | (1.45) | (0.19) | (0.02) | (2.33) | (0.01) | 0.46 | (0.02) | (0.63) | (0.35) | (0.34) | (0.68) | 0.40 | (0.43) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | 0.23 | 0.22 | 0.22 | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | (0.25) | (2.56) | (0.23) | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | -- | 0.00 | 0.00 | 0.11 | -- | -- | (0.22) | (0.22) | (0.22) | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.01 |
| Financing Cash Flow | 0.56 | 0.73 | 1.55 | (1.44) | -0.00 | -0.00 | (1.33) | 1.82 | 1.53 | (1.03) | 0.50 | 2.01 | (0.02) | -0.00 | (0.01) | 1.35 | 0.89 |
* Derived from reported values
