Financial Statements — OESX
Balance Sheet
(in millions USD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 4.72 | 5.16 | 3.56 | 7.50 | 5.37 | 5.69 | 4.97 | 4.03 | 8.25 | 8.14 | 12.52 | 9.42 | 12.28 | 12.12 | 10.78 |
| Accounts Receivable | 13.25 | 11.51 | 13.53 | 12.23 | 11.71 | 12.48 | 15.71 | 16.12 | 14.61 | 13.69 | 11.59 | 11.74 | 23.74 | 17.02 | 5.70 |
| Inventory | 9.87 | 10.43 | 10.30 | 13.47 | 15.03 | 15.86 | 20.84 | 20.16 | 17.69 | 19.31 | 16.85 | 18.75 | 18.52 | 18.12 | 17.07 |
| Total Current Assets | 32.80 | 32.01 | 32.67 | 37.12 | 39.97 | 42.14 | 45.69 | 45.28 | 42.95 | 46.59 | 44.80 | 44.43 | 56.67 | 51.16 | 36.51 |
| Property, Plant & Equipment | 7.37 | 7.82 | 7.83 | 8.40 | 8.66 | 9.28 | 10.03 | 10.37 | 10.53 | 10.68 | 10.91 | 11.06 | 11.41 | 11.47 | 11.69 |
| Goodwill | 1.48 | 1.48 | 1.48 | 1.48 | 1.48 | 1.48 | 1.48 | 1.48 | 1.48 | 1.43 | 0.56 | 0.62 | -- | -- | -- |
| Intangible Assets | 1.78 | 1.91 | 2.15 | 2.71 | 2.96 | 3.20 | 4.18 | 4.45 | 4.73 | 5.17 | 1.27 | 1.32 | 1.01 | 1.08 | 1.14 |
| Total Non-current Assets* | 15.45 | 15.90 | 16.35 | 15.60 | 16.30 | 17.61 | 19.72 | 20.55 | 21.19 | 21.74 | 36.39 | 36.17 | 17.00 | 16.53 | 16.86 |
| Total Assets | 48.25 | 47.90 | 49.02 | 52.71 | 56.27 | 59.76 | 65.41 | 65.83 | 64.15 | 68.33 | 81.19 | 80.60 | 73.67 | 67.68 | 53.36 |
| Accounts Payable | 14.52 | 13.54 | 12.59 | 13.41 | 14.45 | 14.42 | 18.87 | 15.56 | 11.52 | 13.46 | 5.94 | 7.41 | 19.36 | 13.38 | 13.66 |
| Total Current Liabilities | 24.23 | 23.95 | 26.55 | 26.58 | 26.87 | 24.77 | 30.70 | 29.05 | 22.32 | 22.06 | 12.29 | 14.92 | 33.42 | 23.80 | 19.56 |
| Long-term Debt | 9.84 | 9.90 | 8.49 | -- | 12.53 | 13.53 | 10.01 | 10.01 | 10.02 | 5.02 | 5.03 | 0.03 | 0.05 | 7.99 | 0.06 |
| Total Non-current Liabilities* | 12.18 | 12.57 | 11.66 | 11.66 | 13.60 | 15.91 | 14.05 | 14.14 | 15.03 | 8.11 | 7.92 | 3.11 | 4.47 | 12.64 | 4.75 |
| Total Liabilities | 36.41 | 36.52 | 38.21 | 38.24 | 40.47 | 40.68 | 44.75 | 43.19 | 37.35 | 30.17 | 20.21 | 18.03 | 37.88 | 36.44 | 24.32 |
| Retained Earnings | (116.56) | (116.72) | (116.14) | (111.98) | (110.47) | (106.85) | (104.70) | (102.45) | (98.06) | (86.30) | (62.25) | (59.91) | (85.29) | (89.61) | (91.52) |
| Total Stockholder Equity | 11.84 | 11.38 | 10.81 | 14.48 | 15.80 | 19.08 | 20.66 | 22.64 | 26.80 | 38.15 | 60.98 | 62.57 | 35.79 | 31.24 | 29.05 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Total Revenue | 20.52 | 20.89 | 19.82 | 19.41 | 26.39 | 19.42 | 19.12 | 19.89 | 19.70 | 25.95 | 20.57 | 17.61 | 21.86 | 19.36 | 17.54 | 17.82 | 35.55 | 43.51 | 24.94 | 9.89 |
| Cost of Revenue | 15.16 | 14.58 | 13.74 | 13.67 | 19.61 | 13.83 | 14.89 | 15.61 | 16.89 | 19.60 | 16.02 | 14.44 | 16.81 | 15.51 | 13.13 | 14.35 | 26.28 | 33.24 | 19.02 | 8.18 |
| Gross Profit | 5.71 | 6.51 | 6.18 | 5.90 | 6.80 | 5.75 | 4.47 | 4.30 | 4.74 | 6.37 | 4.57 | 3.17 | 5.25 | 4.78 | 4.43 | 3.55 | 9.22 | 11.01 | 7.26 | 2.64 |
| Research & Development | 0.35 | 0.24 | 0.23 | 0.21 | 0.28 | 0.29 | 0.33 | 0.26 | 0.48 | 0.35 | 0.38 | 0.48 | 0.53 | 0.41 | 0.45 | 0.51 | 0.46 | 0.39 | 0.42 | 0.42 |
| Selling, General & Admin | 5.05 | 3.39 | 3.81 | 4.29 | 1.05 | 3.86 | 4.57 | 4.53 | 7.80 | 4.91 | 5.04 | 5.74 | 2.94 | 3.98 | 3.95 | 3.75 | 3.18 | 3.03 | 2.64 | 2.41 |
| Total Operating Expenses | 8.35 | 6.12 | 6.42 | 6.91 | 5.00 | 7.00 | 7.74 | 7.73 | 9.58 | 8.43 | 8.74 | 9.57 | 6.64 | 9.37 | 7.38 | 7.17 | 6.67 | 6.54 | 5.39 | 4.68 |
| Operating Income | (2.64) | 0.39 | (0.24) | (1.01) | 1.80 | (1.25) | (3.27) | (3.43) | (4.84) | (2.06) | (4.17) | (6.40) | (1.39) | (4.59) | (2.94) | (3.62) | 2.55 | 4.47 | 1.87 | (2.04) |
| Pretax Income | (2.91) | 0.18 | (0.57) | (1.23) | 1.59 | (1.51) | (3.60) | (3.74) | (5.07) | (2.25) | (4.37) | (6.59) | (1.43) | (4.67) | (2.97) | (3.65) | 2.46 | 4.37 | 1.84 | (2.15) |
| Tax Provision | -0.00 | 0.02 | 0.01 | 0.01 | (0.02) | 0.00 | 0.02 | 0.02 | 0.05 | 0.00 | 0.02 | 0.04 | (0.25) | 19.39 | (0.64) | (0.81) | (19.67) | 0.05 | (0.07) | 0.07 |
| Net Income | (2.91) | 0.16 | (0.58) | (1.24) | 1.61 | (1.51) | (3.62) | (3.76) | (5.12) | (2.26) | (4.39) | (6.64) | (1.18) | (24.06) | (2.33) | (2.83) | 22.12 | 4.32 | 1.91 | (2.22) |
| Basic EPS | (0.08) | 0.05 | (0.17) | (0.04) | 0.06 | (0.05) | (0.11) | (0.12) | (0.17) | (0.07) | (0.14) | (0.21) | (0.04) | (0.75) | (0.07) | (0.09) | 0.72 | 0.14 | 0.06 | (0.07) |
| Diluted EPS | (0.08) | 0.04 | (0.17) | (0.04) | 0.06 | (0.05) | (0.11) | (0.12) | (0.17) | (0.07) | (0.14) | (0.21) | (0.05) | (0.75) | (0.07) | (0.09) | 0.70 | 0.14 | 0.06 | (0.07) |
Cash Flow Statement
(in millions USD)| Metric | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | (0.90) | 1.82 | (0.51) | 3.76 | 0.50 | (2.96) | 1.05 | (3.99) | (7.33) | (2.43) | 1.35 | (1.59) | (5.00) | 7.37 | 8.49 | (6.43) | (7.71) |
| Capital Expenditures | (0.25) | 0.26 | 0.06 | 0.02 | 0.01 | 0.02 | 0.12 | 0.24 | 0.51 | 0.05 | 0.13 | 0.30 | 0.14 | 0.24 | 0.26 | 0.18 | 0.22 |
| Free Cash Flow* | (0.64) | 1.56 | (0.57) | 3.74 | 0.49 | (2.99) | 0.93 | (4.23) | (7.83) | (2.48) | 1.22 | (1.89) | (5.14) | 7.13 | 8.23 | (6.60) | (7.93) |
| Investing Cash Flow | 0.25 | (0.26) | (0.05) | (0.02) | 0.18 | (0.02) | (0.10) | (0.23) | (0.41) | (0.37) | (5.69) | (0.31) | (0.08) | (0.24) | (0.27) | (0.18) | (0.24) |
| Financing Cash Flow | 0.21 | 0.03 | (1.84) | (1.61) | (1.00) | 3.52 | -0.00 | -0.00 | -0.00 | 0.00 | (0.03) | 5.00 | 0.05 | (0.01) | (8.06) | 7.95 | (10.01) |
* Derived from reported values
