Financial Statements — SHMP
Balance Sheet
(in millions USD)| Metric | 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 | 0.04 | 0.00 | 0.02 | 0.04 | 0.00 | 0.04 | 0.05 | 0.14 | 0.56 | 0.07 | 2.67 | 0.80 | 5.97 | -- | -- | -- |
| Accounts Receivable | -- | -- | 0.04 | 0.03 | 0.02 | 0.02 | 0.00 | 0.01 | 0.07 | 0.04 | -- | -- | -- | -- | -- | -- |
| Inventory | -- | -- | 0.03 | 0.05 | 0.06 | 0.04 | 0.04 | 0.10 | 0.11 | 0.05 | -- | -- | -- | -- | -- | -- |
| Total Current Assets | -- | -- | 0.26 | 0.30 | 0.25 | 0.33 | 0.34 | 0.87 | 5.43 | 1.80 | 8.02 | 1.09 | 6.55 | 1.09 | 0.47 | 1.17 |
| Property, Plant & Equipment | -- | 35.80 | 11.85 | 12.28 | 12.85 | 13.76 | 14.18 | 15.35 | 14.99 | 14.63 | 13.77 | 12.27 | 12.34 | 12.29 | 1.43 | 0.82 |
| Intangible Assets | -- | -- | 5.59 | 5.68 | 5.78 | 5.98 | 6.07 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | -- | -- | 24.77 | 25.57 | 26.51 | 28.13 | 29.08 | 31.42 | 31.57 | 29.91 | 33.64 | 33.40 | 21.94 | 14.30 | 3.62 | 1.91 |
| Total Assets | -- | -- | 25.04 | 25.87 | 26.76 | 28.46 | 29.42 | 32.29 | 37.01 | 31.71 | 41.66 | 34.49 | 28.49 | 15.39 | 4.09 | 3.08 |
| Accounts Payable | -- | -- | 3.97 | 3.15 | 3.68 | 3.68 | 3.68 | 3.52 | 3.18 | 3.55 | 3.32 | 3.82 | 0.66 | 0.90 | 0.81 | 0.49 |
| Total Current Liabilities | -- | -- | 41.12 | 39.61 | 39.67 | 10.74 | 10.59 | 9.06 | 43.77 | 10.58 | 24.35 | 6.21 | 2.11 | 3.88 | 3.56 | 3.64 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.21 | 0.21 | 0.33 | 0.33 | 0.33 |
| Total Non-current Liabilities* | -- | -- | 0.03 | 0.03 | 0.04 | 24.71 | 21.78 | 20.50 | 7.03 | 21.98 | 0.79 | 5.69 | 5.40 | 5.72 | 0.75 | 0.50 |
| Total Liabilities | -- | -- | 41.15 | 39.65 | 39.71 | 35.45 | 32.37 | 29.56 | 50.80 | 32.56 | 25.14 | 11.90 | 7.50 | 9.61 | 4.31 | 4.14 |
| Retained Earnings | -- | -- | (190.44) | (187.95) | (186.72) | (178.43) | (172.95) | (163.04) | (177.93) | (170.24) | (101.80) | (67.41) | 62.86 | (49.96) | (48.82) | (47.34) |
| Total Stockholder Equity | -- | -- | (62.47) | (60.09) | (59.22) | (52.66) | (48.52) | (42.89) | (59.18) | (46.26) | 14.60 | 19.21 | 18.95 | 5.67 | (0.13) | (0.98) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 0.07 | 0.04 | 0.04 | 0.06 | 0.07 | 0.04 | 0.08 | 0.10 | 0.26 | -- | 0.10 | 0.05 | 0.21 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 0.05 | 0.03 | 0.02 | 0.03 | 0.05 | 0.03 | 0.00 | 0.02 | 0.05 | -- | -- | -- | 0.05 | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 0.02 | 0.00 | 0.02 | 0.02 | 0.02 | 0.00 | 0.08 | 0.08 | 0.01 | (0.15) | -- | -- | 0.16 | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.01 | 0.00 | 0.17 | 0.19 | 0.02 | 0.20 | 0.00 | 0.00 | 0.00 | 0.08 |
| Selling, General & Admin | 0.25 | 1.10 | 0.84 | 1.21 | 0.25 | 1.10 | 1.70 | 1.47 | 2.40 | 1.67 | 1.48 | 1.45 | 1.30 | 44.77 | 1.53 | 2.01 | 1.64 | 1.34 | 0.39 | 0.40 |
| Total Operating Expenses | 1.17 | 2.07 | 1.70 | 2.05 | 1.17 | 2.07 | 2.68 | 2.35 | 3.37 | 2.52 | 3.15 | 2.72 | 2.46 | 46.92 | 2.53 | 2.78 | 2.24 | 1.82 | 0.57 | 0.56 |
| Operating Income | (1.15) | (2.06) | (1.68) | (2.03) | (1.15) | (2.06) | (2.60) | (2.27) | (3.36) | (2.67) | (3.06) | (2.67) | (2.30) | (46.90) | (2.52) | (2.78) | (2.24) | (1.82) | (0.57) | (0.56) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.50 | 0.08 | 0.07 | 0.08 | 0.04 | 0.04 | 0.03 |
| Pretax Income | (1.11) | (2.80) | (4.44) | (2.37) | (1.11) | (2.80) | (5.26) | (5.40) | (2.65) | (4.44) | 15.18 | (24.53) | (2.30) | (47.52) | (33.37) | (2.85) | (2.56) | (1.91) | (0.61) | (0.59) |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | (1.11) | (2.80) | (4.44) | (2.37) | (1.11) | (2.80) | (5.26) | (5.40) | (2.65) | (4.44) | 15.18 | (26.73) | (2.30) | (47.52) | (33.37) | (2.85) | (2.56) | (1.91) | (0.61) | (0.59) |
| Basic EPS | 0.00 | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | (0.01) | (0.01) | 0.00 | (0.01) | 0.02 | (0.03) | 0.00 | (0.09) | -- | -- | -- | -- | -- | -- |
| Diluted EPS | 0.00 | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | (0.01) | (0.01) | 0.00 | -- | 0.01 | -- | 0.00 | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | 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 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (0.75) | (0.81) | (1.78) | (0.56) | (0.75) | (0.81) | (1.02) | (0.66) | (2.20) | (1.97) | (0.25) | (2.23) | (1.40) | (0.37) | (8.05) | (2.01) | (2.14) | (1.36) | (0.16) | 0.34 |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.47 | 0.23 | 0.41 | 0.26 | 0.74 | 0.62 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (9.52) | (2.25) | (2.55) | (1.62) | (0.90) | (0.28) |
| Investing Cash Flow | 0.11 | 0.01 | 0.00 | 0.00 | 0.11 | 0.01 | 0.13 | (0.02) | 0.01 | (0.12) | (1.52) | (0.19) | (0.02) | (0.53) | (0.61) | (3.13) | (4.16) | (0.41) | (5.56) | (2.35) |
| Financing Cash Flow | 0.68 | 0.69 | 1.86 | 0.53 | 0.68 | 0.69 | 0.97 | 0.67 | 2.02 | 2.17 | 1.36 | 1.39 | 1.27 | (0.02) | 10.52 | (0.03) | 12.12 | 1.62 | 5.72 | 1.22 |
* Derived from reported values
