Financial Statements — OLOX
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 | 3.02 | 2.77 | 0.23 | 0.26 | 1.02 | 0.74 | 0.71 | 1.60 | 1.45 | 2.12 | 2.43 | 13.15 | 3.29 | 2.32 | 10.54 |
| Short-term Investments | -- | 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 |
| Accounts Receivable | 0.25 | 0.31 | 0.14 | 0.17 | 0.36 | 0.09 | 0.74 | 0.65 | 1.01 | 1.71 | 2.51 | 2.42 | 3.57 | 2.72 | 3.22 |
| Inventory | 0.98 | 0.75 | 0.96 | 0.74 | 0.22 | 0.28 | 0.40 | 0.82 | 0.01 | 0.89 | 0.93 | 1.05 | 0.79 | 1.41 | 0.93 |
| Total Current Assets | 4.40 | 4.09 | 1.44 | 2.00 | 7.40 | 6.12 | 7.10 | 9.33 | 9.05 | 11.87 | 15.19 | 21.94 | 8.95 | 9.13 | 17.84 |
| Property, Plant & Equipment | 4.12 | 4.21 | 4.24 | 4.21 | 5.51 | 5.57 | 6.90 | 6.99 | 6.04 | 4.88 | 4.81 | 4.08 | 6.94 | 7.18 | 3.45 |
| Goodwill | 39.24 | 39.14 | 38.16 | -- | 1.81 | 1.81 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 |
| Intangible Assets | 0.76 | 0.78 | 0.81 | 0.02 | 0.56 | 0.15 | 1.95 | 2.00 | 2.03 | 1.97 | 2.01 | 2.05 | 2.14 | 2.18 | 2.22 |
| Total Non-current Assets* | 49.70 | 49.65 | 47.72 | 7.80 | 13.53 | 13.84 | 18.23 | 18.54 | 19.40 | 17.08 | 16.95 | 16.03 | 15.97 | 16.33 | 9.40 |
| Total Assets | 54.11 | 53.74 | 49.17 | 9.80 | 20.93 | 19.96 | 25.33 | 27.86 | 28.44 | 28.96 | 32.14 | 37.96 | 24.92 | 25.46 | 27.25 |
| Accounts Payable | 13.03 | 12.91 | 12.01 | 8.65 | 10.01 | 11.67 | 6.19 | 7.03 | 5.70 | 3.49 | 4.46 | 5.48 | 7.14 | 5.92 | 6.02 |
| Short-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.02 | -- | -- | -- |
| Total Current Liabilities | 24.04 | 24.85 | 22.94 | 13.24 | 22.31 | 22.72 | 15.68 | 15.11 | 12.56 | 7.75 | 8.72 | 13.15 | 10.84 | 7.57 | 7.81 |
| Long-term Debt | 12.19 | 12.51 | 11.94 | 6.57 | 12.57 | 11.70 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 5.13 | 5.15 | 5.15 | 4.72 | 3.41 | 3.88 | 3.23 | 3.43 | 3.56 | 2.95 | 3.06 | 3.18 | 0.96 | 1.04 | 1.15 |
| Total Liabilities | 29.17 | 30.00 | 28.09 | 17.96 | 25.72 | 26.59 | 18.92 | 18.54 | 16.12 | 10.69 | 11.78 | 16.33 | 11.80 | 8.62 | 8.97 |
| Retained Earnings | (111.17) | (105.85) | (101.28) | (87.44) | (84.46) | (80.60) | (62.33) | (50.50) | (44.95) | (37.70) | (35.24) | (33.83) | (29.68) | (25.85) | (24.31) |
| Total Stockholder Equity* | 24.94 | 23.74 | 21.08 | (8.16) | (4.79) | (6.64) | 5.50 | 9.75 | 12.75 | 17.63 | 19.54 | 20.32 | 12.33 | 15.92 | 17.21 |
* 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 | 0.61 | 1.05 | 0.72 | 0.57 | 0.95 | 1.75 | 1.25 | 1.02 | 1.96 | 3.97 | 5.10 | 5.50 | 4.10 | 4.13 | 7.55 | 8.60 | 8.45 | 8.85 | 11.85 | 9.19 |
| Cost of Revenue | 3.28 | 1.36 | 1.72 | 0.89 | 1.60 | 1.88 | 1.09 | 0.64 | 3.94 | 4.50 | 5.06 | 5.57 | 3.94 | 4.30 | 6.78 | 6.12 | 10.28 | 8.74 | 9.01 | 7.98 |
| Gross Profit | (2.66) | (0.31) | (0.99) | (0.32) | (0.65) | (0.13) | 0.16 | 0.37 | (1.98) | (0.54) | 0.03 | (0.07) | 0.16 | (0.17) | 0.77 | 2.49 | (1.82) | 0.11 | 2.84 | 1.21 |
| Selling, General & Admin | 2.47 | 1.40 | 1.80 | 0.95 | 0.87 | 0.28 | 0.98 | 0.94 | 3.85 | 1.35 | 1.36 | 1.79 | -- | 0.94 | 0.80 | 0.78 | -- | -- | 0.07 | 0.06 |
| Total Operating Expenses | 3.38 | 2.20 | 2.69 | 1.51 | (0.01) | 2.12 | 2.95 | 4.41 | 10.94 | 2.44 | 5.64 | 3.19 | 3.98 | 2.34 | 2.10 | 2.07 | 0.35 | 2.83 | 2.76 | 2.37 |
| Operating Income | (6.04) | (2.51) | (3.69) | (1.83) | (0.64) | (2.24) | (2.79) | (4.03) | (12.93) | (2.98) | (5.61) | (3.26) | (3.82) | (2.50) | (1.33) | 0.42 | (2.17) | (2.73) | 0.08 | (1.16) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 1.28 | 1.06 | 0.74 | 0.52 | 0.29 | -- | 0.05 | 0.07 | 0.05 | -- | 0.00 | 0.00 | 0.00 |
| Pretax Income | (6.18) | (5.32) | (4.57) | (2.75) | (6.14) | (3.72) | (4.55) | (5.26) | (14.07) | (3.61) | (5.56) | (3.52) | (4.03) | (2.55) | (1.02) | 0.50 | (2.16) | (2.75) | 0.15 | (1.14) |
| Net Income | (6.18) | (5.32) | (4.57) | (2.75) | (3.46) | (3.72) | (4.55) | (5.26) | (13.60) | (3.61) | (5.56) | (3.52) | (3.73) | (2.45) | (1.42) | (0.72) | (3.43) | (3.83) | (1.54) | (2.03) |
| Basic EPS | (151.62) | (12.68) | (0.47) | (0.45) | -- | -- | (2.73) | (4.93) | (33.19) | (0.22) | (0.37) | (0.25) | (0.27) | (0.18) | (0.11) | -- | -- | -- | -- | -- |
| Diluted EPS | (151.62) | (12.68) | (0.47) | (0.45) | -- | -- | (2.73) | (4.93) | (33.19) | (0.22) | (0.37) | (0.25) | -- | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| 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 |
|---|
| Operating Cash Flow | (4.02) | (3.82) | -- | -- | (0.98) | (8.32) | (3.69) | (0.92) | (2.47) | (1.63) | (1.66) | (1.38) | (0.08) | (0.19) | (8.62) | 3.26 | 0.37 | 0.28 | 0.88 | (2.18) |
| Capital Expenditures | -- | (0.01) | 0.29 | 0.07 | 0.08 | -0.00 | (0.02) | 0.03 | 0.08 | 0.00 | -0.00 | 0.53 | 0.76 | 0.24 | 0.83 | 0.92 | 0.02 | 0.11 | 3.83 | 0.86 |
| Free Cash Flow* | -- | (3.81) | -- | -- | (1.06) | (8.32) | (3.67) | (0.96) | (2.55) | (1.64) | (1.66) | (1.91) | (0.84) | (0.43) | (9.45) | 2.33 | 0.35 | 0.16 | (2.96) | (3.05) |
| Investing Cash Flow | -- | -- | -- | -- | -- | -- | 0.07 | (0.26) | (0.17) | (0.02) | (0.03) | (0.64) | (0.30) | (0.47) | (1.22) | (1.86) | (1.19) | (0.04) | (7.25) | (0.99) |
| Financing Cash Flow | -- | -- | -- | -- | -- | -- | 3.91 | 1.90 | 1.95 | 0.77 | 1.84 | 2.89 | (1.15) | 0.35 | (0.88) | (1.27) | 10.55 | 0.73 | (1.84) | 0.70 |
* Derived from reported values
