Financial Statements — SNRG
Balance Sheet
(in millions USD)| Metric | Q1 2026 | 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 | 0.00 | 0.01 | 0.01 | 0.00 | 0.05 | 0.01 | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 | 0.04 | 0.04 | 0.02 | 0.17 |
| Accounts Receivable | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.11 | 0.07 | 0.08 | 0.07 | 0.05 | 0.05 | 0.07 | 0.07 | 0.07 |
| Inventory | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.06 | 0.06 | 0.05 | 0.02 | 0.02 | 0.02 | 0.04 | 0.05 |
| Total Current Assets | 0.04 | 0.05 | 0.08 | 0.05 | 0.16 | 0.18 | 0.27 | 1.78 | 1.81 | 1.80 | 1.73 | 0.68 | 0.94 | 0.36 | 0.83 | 1.00 |
| Total Non-current Assets | 8.60 | 8.74 | 8.98 | 8.59 | 10.86 | 10.78 | 10.97 | 8.82 | 9.10 | 9.01 | 9.11 | 9.78 | 9.03 | 8.61 | 5.23 | 5.11 |
| Total Assets | 8.63 | 8.78 | 9.06 | 8.63 | 11.03 | 10.96 | 11.24 | 10.60 | 10.90 | 10.81 | 10.83 | 10.46 | 9.97 | 8.96 | 6.06 | 6.11 |
| Accounts Payable | 6.16 | 5.72 | 5.80 | 5.42 | 5.06 | 4.57 | 4.35 | 3.87 | 3.86 | 3.69 | 3.69 | 3.56 | 1.92 | 1.16 | 0.88 | 1.11 |
| Short-term Debt | 9.74 | 9.46 | 9.54 | 8.93 | 9.52 | 9.33 | 9.12 | 9.99 | 10.15 | 9.91 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 41.20 | 38.72 | 37.78 | 35.22 | 33.16 | 33.16 | 31.27 | 26.20 | 26.19 | 23.60 | 17.23 | 17.76 | 17.37 | 11.59 | 9.46 | 9.43 |
| Long-term Debt | 9.74 | 9.46 | 9.54 | 8.93 | 9.52 | 9.33 | 9.12 | 9.99 | 10.19 | 9.95 | 8.76 | 9.38 | 9.64 | 9.50 | 6.73 | 6.48 |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.09 | 4.00 | 1.88 | 1.96 | 1.98 | 0.45 | 0.34 |
| Total Liabilities* | 41.20 | 38.72 | 37.78 | 35.22 | 33.16 | 33.16 | 31.27 | 26.20 | 26.26 | 23.69 | 21.23 | 19.64 | 19.33 | 13.57 | 9.91 | 9.77 |
| Retained Earnings | (53.63) | (50.93) | (49.13) | (48.31) | (42.22) | (42.48) | (40.10) | (35.52) | (34.33) | (31.38) | (27.12) | (23.43) | (21.20) | (15.99) | (14.57) | (13.78) |
| Total Stockholder Equity | (32.57) | (29.93) | (28.72) | (26.58) | (22.14) | (22.20) | (20.03) | (15.60) | (15.35) | (12.88) | (10.40) | (9.18) | (9.36) | (4.61) | (3.85) | (3.66) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.03 | 0.01 | 0.04 | 0.00 | 0.00 | 0.04 | 0.11 | 0.19 | 0.15 | 0.16 | 0.17 | 0.16 | 0.11 | 0.14 | 0.14 | 0.20 | 0.21 |
| Cost of Revenue* | 0.07 | 0.09 | 0.09 | 0.11 | 0.45 | 0.52 | 0.27 | 0.23 | 0.27 | 1.59 | 0.19 | 0.20 | 0.18 | 0.16 | 0.50 | 0.11 | 0.41 | 0.02 | 0.63 | 0.29 |
| Gross Profit | (0.07) | (0.09) | (0.09) | (0.08) | (0.44) | (0.48) | (0.27) | (0.23) | (0.23) | (1.49) | (0.01) | (0.05) | (0.02) | 0.01 | (0.33) | -0.00 | (0.26) | 0.12 | (0.43) | (0.08) |
| Selling, General & Admin | 0.06 | 0.25 | 0.07 | 0.03 | 0.07 | 0.09 | 0.06 | 0.11 | 0.06 | 0.33 | 0.06 | 0.07 | 0.05 | 0.08 | 0.07 | 0.13 | 0.06 | 0.16 | 0.07 | 0.03 |
| Total Operating Expenses | 1.03 | 0.63 | 1.00 | (0.08) | 0.71 | 1.67 | 0.64 | 1.21 | 1.18 | 0.98 | 1.07 | 0.63 | 1.03 | 2.21 | 1.80 | 2.01 | 1.31 | 1.00 | 1.02 | 0.72 |
| Operating Income | -- | -- | -- | -- | -- | -- | (0.91) | (1.43) | (1.41) | (2.47) | (1.08) | (0.68) | (1.05) | (2.20) | (2.13) | (2.02) | (1.57) | (0.88) | (1.45) | (0.80) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.19 | 0.19 | 0.23 | 0.17 |
| Pretax Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (3.29) | (3.70) | -- | -- | (2.35) | (1.45) | (0.80) |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.07) | 0.00 | -- | -- | (0.01) | (0.03) | -- |
| Net Income | (1.52) | (1.18) | (1.80) | (0.82) | (1.88) | (4.21) | 0.26 | (2.38) | (1.53) | (3.05) | (1.19) | (2.95) | (1.04) | (3.22) | (3.70) | (2.23) | (2.86) | (2.34) | (1.42) | (0.80) |
| Basic EPS | (0.01) | -- | (0.01) | (0.01) | (0.01) | (0.03) | 0.00 | (0.02) | (0.01) | (0.03) | (0.01) | (0.02) | (0.01) | (0.03) | (0.04) | (0.03) | -- | -- | -- | -- |
| Diluted EPS | (0.01) | -- | (0.01) | (0.01) | (0.01) | (0.03) | 0.00 | (0.02) | (0.01) | (0.03) | (0.01) | (0.02) | (0.01) | (0.02) | (0.04) | (0.03) | (0.03) | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | 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 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | (0.44) | 0.08 | (0.40) | 0.45 | (0.12) | (0.88) | (0.18) | (0.33) | (0.47) | (0.64) | (0.37) | (0.25) | (0.20) | (0.68) | 0.08 | (0.03) | (0.58) | (1.00) | 0.22 | (0.83) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | (0.03) | 0.00 | 1.89 | -- | 0.25 | 1.62 | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (0.37) | (0.25) | (0.20) | (0.65) | 0.08 | (1.93) | -- | (1.26) | (1.40) | -- |
| Investing Cash Flow | -- | -- | -- | -- | -- | -- | -- | -- | -- | (2.34) | 0.00 | 0.00 | 0.00 | 0.03 | -0.00 | (1.16) | (0.74) | (0.26) | (1.80) | (0.18) |
| Financing Cash Flow | 0.19 | 0.14 | 0.13 | 0.23 | 0.12 | (0.09) | 0.15 | 0.29 | 0.18 | 2.06 | 0.11 | 0.49 | 1.08 | 0.38 | 0.03 | 1.03 | 1.34 | 1.24 | 1.61 | 0.86 |
* Derived from reported values