Financial Statements — PL
Balance Sheet
(in billions USD)| Metric | Q1
2027 | Q3
2026 | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.37 | 0.44 | 0.18 | 0.13 | 0.14 | 0.15 | 0.11 | 0.10 | 0.12 | 0.14 | 0.20 | 0.26 | 0.48 | -- | -- | -- |
| Accounts Receivable | 0.06 | 0.05 | 0.05 | 0.07 | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | -- | -- | -- |
| Inventory | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 0.85 | 0.75 | 0.36 | 0.32 | 0.30 | 0.33 | 0.35 | 0.39 | 0.43 | 0.43 | 0.48 | 0.50 | 0.53 | 0.00 | 0.00 | 0.00 |
| Property, Plant & Equipment | 0.16 | 0.15 | 0.13 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 | 0.12 | 0.13 | -- | -- | -- |
| Goodwill | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | -- | -- | -- |
| Intangible Assets | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -- | -- | -- |
| Total Non-current Assets* | 0.40 | 0.35 | 0.34 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.29 | 0.29 | 0.27 | 0.26 | 0.27 | 0.35 | -- | -- |
| Total Assets | 1.25 | 1.11 | 0.70 | 0.66 | 0.63 | 0.66 | 0.67 | 0.71 | 0.72 | 0.72 | 0.75 | 0.77 | 0.80 | 0.35 | -- | -- |
| Accounts Payable | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Current Liabilities | 0.30 | 0.19 | 0.20 | 0.15 | 0.13 | 0.14 | 0.13 | 0.13 | 0.12 | 0.11 | 0.11 | 0.12 | 0.13 | 0.00 | 0.00 | 0.00 |
| Total Non-current Liabilities* | 0.51 | 0.57 | 0.06 | 0.06 | 0.04 | 0.05 | 0.05 | 0.05 | 0.06 | 0.05 | 0.04 | 0.03 | 0.04 | 0.05 | -- | -- |
| Total Liabilities | 0.81 | 0.76 | 0.26 | 0.21 | 0.17 | 0.19 | 0.17 | 0.18 | 0.18 | 0.16 | 0.15 | 0.15 | 0.17 | 0.05 | -- | -- |
| Retained Earnings | (1.59) | (1.30) | (1.24) | (1.22) | (1.17) | (1.15) | (1.11) | (1.05) | (1.01) | (0.97) | (0.90) | (0.86) | (0.82) | (0.05) | -- | -- |
| Total Stockholder Equity | 0.44 | 0.35 | 0.44 | 0.44 | 0.46 | 0.47 | 0.50 | 0.53 | 0.54 | 0.56 | 0.59 | 0.61 | 0.63 | (0.05) | -- | -- |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2027 | Q4
2026 | Q3
2026 | Q2
2026 | 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
2021 | Q2
2021 |
|---|
| Total Revenue | 94.15 | 86.82 | 81.25 | 73.39 | 66.27 | 61.55 | 61.27 | 61.09 | 60.44 | 58.85 | 55.38 | 53.76 | 52.70 | 52.98 | 49.70 | 48.45 | 40.13 | 37.15 | -- | -- |
| Cost of Revenue | 43.75 | 39.79 | 34.67 | 31.12 | 29.66 | 23.34 | 23.75 | 28.78 | 28.76 | 26.37 | 29.35 | 27.47 | 24.56 | 23.92 | 24.73 | 24.98 | 23.63 | 23.23 | -- | -- |
| Gross Profit | 50.40 | 47.03 | 46.58 | 42.27 | 36.60 | 38.22 | 37.52 | 32.31 | 31.68 | 32.48 | 26.03 | 26.29 | 28.15 | 29.06 | 24.98 | 23.47 | 16.50 | 13.92 | -- | -- |
| Research & Development | 33.42 | 32.19 | 27.33 | 24.16 | 23.07 | 22.95 | 25.22 | 27.25 | 25.59 | 28.41 | 33.00 | 26.74 | 28.19 | 31.83 | 27.60 | 26.74 | 24.75 | 27.16 | -- | -- |
| Selling, General & Admin | 29.09 | 30.83 | 18.81 | 18.50 | 19.99 | 18.95 | 18.11 | 20.90 | 19.18 | 17.89 | 20.11 | 20.52 | 21.53 | 19.62 | 20.63 | 19.89 | 20.61 | 24.73 | 3.91 | 3.12 |
| Total Operating Expenses | 85.29 | 83.03 | 64.92 | 60.23 | 59.37 | 57.58 | 60.13 | 71.89 | 66.25 | 66.40 | 73.89 | 69.57 | 72.84 | 71.75 | 67.61 | 66.11 | 64.21 | 71.12 | -- | -- |
| Operating Income | (34.89) | (36.00) | (18.34) | (17.96) | (22.77) | (19.37) | (22.61) | (39.58) | (34.57) | (33.92) | (47.86) | (43.28) | (44.69) | (42.69) | (42.63) | (42.64) | (47.71) | (57.21) | (3.96) | (3.17) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 1.02 | -- | -- |
| Pretax Income | (137.86) | (150.01) | (58.40) | (22.09) | (11.70) | (34.06) | (20.06) | (37.77) | (28.85) | (30.51) | (37.65) | (37.39) | (34.14) | (37.90) | (39.80) | (39.37) | (44.05) | (44.68) | -- | -- |
| Tax Provision | 1.01 | 2.45 | 0.78 | 0.50 | 0.93 | 1.10 | 0.03 | 0.90 | 0.44 | (0.43) | 0.36 | 0.58 | 0.31 | (0.06) | 0.44 | 0.15 | 0.31 | 1.29 | -- | -- |
| Net Income | (138.87) | (152.46) | (59.18) | (22.59) | (12.63) | (35.15) | (20.08) | (38.67) | (29.29) | (30.09) | (38.00) | (37.97) | (34.44) | (37.84) | (40.24) | (39.53) | (44.36) | (45.96) | (6.64) | (14.79) |
| Basic EPS | (0.40) | (0.50) | (0.19) | (0.07) | (0.04) | (0.12) | (0.07) | (0.13) | (0.10) | (0.10) | (0.13) | (0.14) | (0.13) | (0.14) | (0.15) | (0.15) | (0.17) | 0.24 | -- | -- |
| Diluted EPS | (0.40) | (0.50) | (0.19) | (0.07) | (0.04) | (0.12) | (0.07) | (0.13) | (0.10) | (0.10) | (0.13) | (0.14) | (0.13) | (0.14) | (0.15) | (0.15) | (0.17) | 0.26 | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q1
2027 | Q4
2026 | Q3
2026 | Q2
2026 | 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 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | 15.44 | 20.65 | 28.59 | 67.77 | 17.35 | (6.29) | 4.08 | (7.86) | (4.30) | (6.84) | (22.87) | 9.60 | (30.60) | (14.81) | (30.31) | (22.27) | (6.53) | (0.25) | (2.96) | (0.26) |
| Capital Expenditures | 17.31 | 21.60 | 26.70 | 20.29 | 8.12 | 11.60 | 7.63 | 15.12 | 9.94 | 8.90 | 7.38 | 15.37 | 6.34 | 1.43 | 2.05 | 3.65 | 2.86 | -- | -- | -- |
| Free Cash Flow* | (1.87) | (0.95) | 1.89 | 47.48 | 9.23 | (17.90) | (3.56) | (22.98) | (14.23) | (15.74) | (30.25) | (5.78) | (36.94) | (16.25) | (32.36) | (25.92) | (9.39) | -- | -- | -- |
| Investing Cash Flow | 30.41 | (204.41) | (171.01) | (19.44) | 1.74 | (13.13) | (10.69) | 51.24 | 30.48 | (9.55) | 20.27 | (31.72) | (12.58) | (4.78) | (34.29) | (3.46) | (3.65) | 0.00 | 0.00 | (345.00) |
| Financing Cash Flow | 95.20 | (31.04) | 398.26 | (1.00) | (9.16) | (0.23) | (10.20) | (2.73) | (2.37) | (1.24) | (1.95) | 0.19 | 1.40 | 1.48 | 2.33 | (0.50) | 4.55 | 0.09 | 2.33 | 346.12 |
* Derived from reported values
