Financial Statements — MXC
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 2.27 | 2.75 | 0.91 | 1.58 | 2.55 | 3.58 | 2.59 | 0.63 | 0.57 | 3.38 | 0.88 | 0.09 | 0.54 | 0.04 | 0.06 | 0.05 |
| Accounts Receivable | 0.03 | 0.05 | 0.05 | 0.00 | 0.05 | 0.01 | 0.00 | -- | -- | 0.01 | 0.00 | 0.00 | 0.05 | 0.02 | 0.00 | 0.01 |
| Total Current Assets | 3.49 | 3.74 | 2.05 | 2.57 | 3.54 | 4.55 | 3.47 | 2.72 | 2.08 | 4.36 | 1.65 | 0.93 | 2.11 | 0.43 | 0.41 | 0.31 |
| Property, Plant & Equipment | 14.45 | 14.42 | 15.44 | 15.10 | 14.80 | 13.19 | 13.79 | 13.66 | 13.35 | 13.07 | 10.01 | 9.83 | 12.04 | 9.55 | 9.57 | 9.50 |
| Total Non-current Assets* | 17.07 | 16.82 | 17.48 | 16.76 | 17.02 | 14.13 | 14.75 | 14.25 | 13.75 | 13.84 | 10.42 | 10.24 | 12.57 | 9.76 | 9.80 | 9.71 |
| Total Assets | 20.56 | 20.56 | 19.54 | 19.33 | 20.56 | 18.69 | 18.22 | 16.96 | 15.84 | 18.20 | 12.07 | 11.17 | 14.68 | 10.19 | 10.21 | 10.03 |
| Accounts Payable | 0.18 | 0.25 | 0.22 | 0.42 | 0.38 | 0.22 | 0.18 | 0.19 | 0.16 | 0.21 | 0.15 | 0.13 | 0.28 | 0.09 | 0.11 | 0.14 |
| Total Current Liabilities | 0.28 | 0.45 | 0.58 | 0.59 | 0.74 | 0.25 | 0.23 | 0.25 | 0.22 | 0.27 | 0.21 | 0.18 | 0.34 | 0.13 | 0.17 | 0.21 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.15 | 0.78 | 1.07 | 1.14 | 0.90 |
| Total Non-current Liabilities | 1.02 | 0.94 | 0.93 | 1.23 | 1.03 | 1.01 | 0.85 | 0.76 | 0.79 | 0.79 | 0.83 | 0.83 | 0.79 | 1.83 | 1.98 | 1.74 |
| Total Liabilities | 1.30 | 1.39 | 1.51 | 1.82 | 1.76 | 1.27 | 1.07 | 1.00 | 1.01 | 1.06 | 1.04 | 1.02 | 1.13 | 1.96 | 2.15 | 1.95 |
| Retained Earnings | 11.04 | 10.99 | 9.99 | 9.52 | 10.66 | 8.86 | 8.51 | 7.08 | 5.84 | 8.24 | 2.33 | 1.58 | 4.63 | 0.06 | (0.02) | 0.02 |
| Total Stockholder Equity | 19.26 | 19.17 | 18.03 | 17.51 | 18.80 | 17.42 | 17.15 | 15.96 | 14.83 | 17.14 | 11.04 | 10.15 | 13.55 | 8.22 | 8.06 | 8.08 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 1.63 | 1.38 | 1.73 | 1.99 | 1.89 | 1.75 | 1.81 | 1.79 | 1.66 | 1.41 | 2.20 | 2.58 | 2.32 | 1.75 | 2.17 | 1.60 | 1.55 | 2.45 | 1.09 | 0.70 |
| Selling, General & Admin | 0.26 | 0.32 | 0.33 | 0.28 | 0.34 | 0.33 | 0.39 | 0.26 | 0.34 | 0.31 | 0.24 | 0.29 | 0.32 | 0.34 | 0.26 | 0.27 | 0.21 | 0.32 | 0.20 | 0.19 |
| Total Operating Expenses | 1.14 | 1.29 | 1.37 | 1.27 | 1.44 | 1.34 | 1.48 | 1.35 | 1.14 | 1.09 | 1.25 | 1.27 | 1.11 | 1.18 | 1.17 | 0.84 | 0.84 | 1.15 | 0.66 | 0.67 |
| Operating Income | 0.48 | 0.09 | 0.36 | 0.72 | 0.45 | 0.41 | 0.33 | 0.44 | 0.51 | 0.32 | 0.95 | 1.31 | 1.22 | 0.56 | 1.00 | 0.76 | 0.72 | 1.30 | 0.43 | 0.03 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | 0.00 | -- | -- |
| Pretax Income | 0.84 | 0.11 | 0.38 | 0.74 | 0.45 | 0.43 | 0.35 | 0.49 | 0.55 | 0.34 | 0.96 | 1.31 | 1.21 | 0.59 | 1.00 | 0.75 | 0.71 | 1.30 | 0.42 | 0.08 |
| Tax Provision | 0.15 | 0.06 | 0.06 | 0.10 | (0.02) | 0.11 | 0.10 | 0.22 | 0.20 | 0.07 | 0.05 | 0.06 | -- | 0.12 | -- | -- | -- | -- | -- | -- |
| Net Income | 0.69 | 0.05 | 0.32 | 0.63 | 0.47 | 0.32 | 0.24 | 0.26 | 0.35 | 0.27 | 0.91 | 1.24 | 1.21 | 0.47 | 1.00 | 0.75 | 0.71 | 1.30 | 0.42 | 0.08 |
| Basic EPS | 0.34 | 0.02 | 0.16 | 0.31 | 0.23 | 0.15 | 0.12 | 0.13 | 0.16 | 0.13 | 0.42 | 0.58 | 0.56 | 0.22 | 0.47 | 0.36 | 0.34 | 0.60 | 0.21 | 0.04 |
| Diluted EPS | 0.33 | 0.02 | 0.16 | 0.30 | 0.22 | 0.15 | 0.12 | 0.12 | 0.16 | 0.12 | 0.41 | 0.56 | 0.55 | 0.21 | 0.45 | 0.35 | 0.33 | 0.59 | 0.21 | 0.04 |
Cash Flow Statement
(in millions USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 0.85 | 0.86 | 2.07 | 1.33 | 0.93 | 0.64 | 1.36 | 1.06 | 0.94 | 2.43 | 2.16 | 0.93 | 3.42 | 1.62 | 1.02 | 1.14 | 0.09 | 1.50 | 0.34 | 0.21 |
| Capital Expenditures | 0.40 | 1.11 | 0.68 | 0.34 | 1.41 | 1.67 | 0.37 | 1.88 | (0.18) | 1.65 | 0.00 | 0.00 | 0.00 | 0.54 | 0.68 | 0.56 | 0.66 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow* | 0.45 | (0.25) | 1.39 | 0.98 | (0.47) | (1.02) | 0.99 | (0.82) | 1.12 | 0.78 | 2.16 | 0.93 | 3.42 | 1.07 | 0.34 | 0.59 | (0.57) | 1.49 | 0.34 | 0.21 |
| Investing Cash Flow | (0.33) | (1.34) | (0.87) | (0.48) | (1.60) | (1.70) | (0.37) | (2.05) | 0.18 | (1.54) | (0.47) | (0.72) | (4.25) | (0.26) | (0.69) | (0.47) | 1.77 | (2.33) | (0.57) | (0.22) |
| Financing Cash Flow | (0.01) | 0.00 | (0.20) | 0.00 | 0.00 | (0.83) | (0.20) | (0.11) | (0.13) | (0.54) | (0.09) | (0.15) | 0.24 | (0.21) | 0.16 | 0.11 | (0.65) | (0.35) | 0.25 | (0.01) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 0.10 |
