Financial Statements — NORD
Balance Sheet
(in millions USD)| Metric | Q3
2026 | Q2
2026 | Q1
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 | 0.19 | 0.24 | 0.01 | 0.03 | 0.05 | 0.03 | 0.04 | 0.01 | 0.01 | 0.00 | 0.03 | 0.12 | 0.00 | 0.19 | -- | -- | -- |
| Accounts Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.04 | -- | -- | -- | -- | -- | 0.02 |
| Total Current Assets | 0.64 | 0.48 | 0.16 | 0.08 | 0.12 | 0.08 | 0.04 | 0.01 | 0.01 | 0.01 | 0.03 | 0.12 | 0.00 | 0.19 | 0.19 | 0.41 | 0.43 |
| Property, Plant & Equipment | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Goodwill | 27.68 | 27.70 | 27.79 | 57.41 | 18.64 | 18.64 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | -- | 0.00 | -- | 0.42 | 0.22 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 75.21 | 75.40 | 75.96 | 59.64 | 20.67 | 20.72 | 1.76 | 1.76 | 0.00 | 0.00 | 1.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 75.86 | 75.88 | 76.12 | 59.72 | 20.79 | 20.80 | 1.80 | 1.77 | 0.01 | 0.01 | 1.79 | 0.12 | 0.00 | 0.19 | 0.19 | 0.41 | 0.43 |
| Accounts Payable | 0.90 | 1.01 | 1.62 | 0.61 | 0.15 | 0.07 | 0.04 | 0.01 | -- | 0.02 | 0.00 | 0.07 | 0.12 | 0.01 | 0.01 | 0.10 | 0.06 |
| Total Current Liabilities | 0.90 | 1.01 | 1.62 | 0.89 | 0.15 | 0.07 | 0.06 | 0.03 | 0.05 | 0.03 | 0.02 | 0.07 | 0.12 | 0.02 | 0.01 | 0.17 | 0.13 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.99 |
| Total Non-current Liabilities* | 10.20 | 10.21 | 10.24 | 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 |
| Total Liabilities | 11.11 | 11.22 | 11.86 | 0.89 | 0.15 | 0.07 | 0.06 | 0.03 | 0.05 | 0.03 | 0.02 | 0.07 | 0.12 | 0.02 | 0.01 | 0.17 | 0.13 |
| Retained Earnings | (50.73) | (49.50) | (47.99) | (46.18) | (44.64) | (44.14) | (42.41) | (42.34) | (39.66) | (38.81) | (42.24) | (33.67) | (33.63) | (38.76) | (33.34) | (33.28) | (33.22) |
| Total Stockholder Equity | 64.77 | 64.67 | 64.26 | 58.83 | 19.68 | 19.79 | 1.73 | 1.74 | (0.04) | (0.02) | 1.76 | 0.05 | (0.11) | 0.17 | 0.18 | 0.24 | 0.31 |
* 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 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 |
|---|
| Total Revenue | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 0.28 | 0.45 | 0.45 | 0.42 | 0.57 | 0.42 | 0.34 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 0.18 | 0.30 | 0.35 | 0.07 | 0.11 | 0.12 | 0.07 | 0.03 | 0.04 | 0.00 | 0.01 | 0.09 | 0.03 | -- | 0.00 | -- | -- | -- | -- | -- |
| Total Operating Expenses | 1.21 | 1.12 | 1.21 | 0.83 | 0.89 | 1.27 | 0.51 | 0.26 | 0.09 | 0.07 | 0.10 | 2.54 | -- | 0.05 | 0.05 | 0.05 | 0.04 | 0.15 | 5.04 | 0.10 |
| Operating Income | (1.21) | (1.12) | (1.21) | (0.83) | (0.89) | (1.27) | (0.51) | (0.26) | (0.08) | (0.07) | (0.10) | (2.54) | (0.85) | (0.05) | (0.05) | (0.05) | (0.04) | (0.15) | (5.03) | -- |
| Pretax Income | (0.08) | (1.25) | (1.51) | (1.21) | (0.61) | (1.55) | (0.51) | (0.26) | (0.08) | (0.07) | (0.10) | (2.54) | (0.85) | (0.05) | (0.04) | (0.03) | (0.04) | (0.15) | (5.03) | (0.10) |
| Net Income | (0.06) | (1.23) | (1.51) | (1.21) | (0.61) | (1.54) | (0.50) | (0.26) | (0.08) | (0.07) | (0.10) | (2.54) | (0.85) | (0.05) | (0.04) | (0.05) | (0.04) | (0.15) | (5.03) | (0.10) |
| Basic EPS | -- | (0.07) | (0.08) | (0.07) | (0.08) | (0.13) | (0.10) | (0.01) | (0.01) | (0.01) | (0.01) | (0.39) | (0.15) | (0.01) | 0.00 | (0.29) | 0.00 | (0.01) | (0.89) | (0.01) |
| Diluted EPS | -- | (0.07) | (0.08) | (0.07) | (0.08) | (0.13) | (0.10) | (0.01) | (0.01) | (0.01) | (0.01) | -- | -- | -- | 0.00 | -- | 0.00 | (0.01) | 0.00 | (0.01) |
Cash Flow Statement
(in millions USD)| Metric | Q4
2026 | Q3
2026 | Q2
2026 | Q1
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 |
|---|
| Operating Cash Flow | (0.68) | (1.46) | (1.76) | (0.43) | (0.39) | (0.30) | (0.38) | (0.22) | (0.11) | (0.05) | (0.10) | (0.23) | (0.04) | (0.10) | -0.00 | (0.08) | (0.08) | (0.12) | (0.06) | (0.05) |
| Capital Expenditures | -- | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | (1.47) | (1.77) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | 0.00 | -0.00 | (0.01) | -- | (0.01) | 0.02 | -0.00 | 0.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Financing Cash Flow | 0.51 | 1.41 | 2.01 | 0.41 | 0.31 | 0.32 | 0.39 | 0.06 | 0.11 | 0.08 | 0.11 | 0.23 | 0.04 | (0.14) | 0.03 | 0.20 | 0.20 | -- | -- | 0.00 |
* Derived from reported values
