Financial Statements — STEK
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.26 | 0.26 | 0.27 | 0.31 | 0.26 | 0.27 | 0.32 | 0.28 | 0.34 | -- | 0.40 | 0.51 | 1.60 | 0.00 | 0.00 |
| Inventory | 0.33 | 0.23 | 0.27 | 0.19 | 0.06 | 0.06 | 0.08 | 0.23 | 0.11 | 0.18 | 0.20 | 0.28 | 0.16 | -- | -- |
| Total Current Assets | 0.60 | 1.02 | 1.10 | 0.94 | 0.62 | 0.51 | 0.69 | 0.76 | 0.75 | 0.60 | 0.85 | 1.05 | 2.14 | -- | -- |
| Property, Plant & Equipment | 0.00 | -- | -- | -- | 0.00 | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | -- | -- |
| Goodwill | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | -- | -- |
| Intangible Assets | 2.12 | 2.21 | 2.25 | 2.38 | 2.56 | 2.56 | 2.86 | 3.01 | 3.16 | 3.10 | 3.20 | 3.30 | 3.51 | -- | -- |
| Total Non-current Assets* | 2.65 | 2.73 | 2.78 | 2.82 | 3.07 | 3.10 | 3.45 | 3.64 | 3.81 | 3.75 | 3.87 | 4.07 | 4.14 | -- | -- |
| Total Assets | 3.25 | 3.76 | 3.87 | 3.75 | 3.69 | 3.61 | 4.15 | 4.40 | 4.56 | 4.35 | 4.72 | 5.13 | 6.28 | 0.07 | 0.08 |
| Accounts Payable | 5.75 | 5.34 | 5.23 | 4.88 | 4.29 | 3.82 | 2.65 | 3.13 | 3.44 | 3.87 | 3.87 | 3.78 | 2.74 | 0.00 | 0.01 |
| Total Current Liabilities | 11.06 | 10.30 | 10.32 | 9.44 | 8.62 | 8.06 | 5.85 | 5.71 | 9.26 | 9.00 | 33.33 | 9.51 | 6.46 | -- | -- |
| Long-term Debt | 4.16 | 4.12 | 4.14 | 4.16 | 3.73 | 3.73 | 2.75 | 2.41 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.07 | 0.16 | 0.24 | 4.25 | -- | -- |
| Total Liabilities | 11.06 | 10.30 | 10.32 | 9.44 | 8.62 | 8.06 | 5.85 | 5.71 | 9.27 | 9.07 | 33.49 | 9.74 | 10.71 | 0.31 | 0.31 |
| Retained Earnings | (36.13) | (33.40) | (32.58) | (32.29) | (29.26) | (28.48) | (25.20) | (24.15) | (23.87) | (21.11) | (38.53) | (13.58) | (12.25) | (0.34) | (0.33) |
| Total Stockholder Equity | (7.33) | (5.80) | (5.71) | (4.94) | (4.19) | (3.70) | (0.96) | (0.57) | (3.98) | (4.00) | (28.09) | (3.95) | (4.43) | (0.23) | (0.23) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | 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 | 0.46 | 0.46 | 0.85 | 0.70 | 0.87 | 1.33 | 1.38 | 1.36 | 1.30 | 1.13 | 1.13 | 1.08 | 1.05 | 1.28 | 1.16 | 1.31 | 0.91 | -- | -- |
| Cost of Revenue | 0.11 | 0.10 | 0.17 | 0.15 | 0.15 | 0.33 | 0.35 | 0.22 | 0.29 | 0.25 | 0.24 | 0.33 | 0.18 | 0.39 | 0.26 | 0.45 | 0.13 | -- | -- |
| Gross Profit | 0.35 | 0.35 | 0.68 | 0.55 | 0.72 | 0.99 | 1.04 | 1.14 | 1.01 | 0.88 | 0.89 | 0.75 | 0.87 | 0.88 | 0.89 | 0.87 | 0.78 | -- | -- |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 1.40 | 1.25 | 0.88 | 0.70 | 1.73 | 1.34 | 1.62 | 2.07 | 1.08 | 1.60 | 1.68 | 0.76 | 3.82 | 1.48 | 0.77 | 1.61 | 1.29 | 0.00 | 0.00 |
| Total Operating Expenses | 1.45 | 1.22 | 1.02 | 0.85 | 1.93 | 1.69 | 2.05 | 2.57 | 1.59 | 1.85 | 2.14 | 1.18 | 4.25 | 1.91 | 1.07 | 2.69 | 1.52 | -- | -- |
| Operating Income | (1.09) | (0.86) | (0.34) | (0.30) | (1.20) | (0.69) | (1.01) | (1.43) | (0.58) | (0.97) | (1.25) | (0.43) | (3.38) | (1.03) | (0.18) | (1.82) | (0.74) | -0.00 | -0.00 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Pretax Income | (1.25) | (1.48) | (0.81) | (0.30) | (1.46) | (0.78) | (1.42) | (1.86) | (1.01) | (0.29) | (2.27) | (0.45) | 17.39 | (24.97) | (0.51) | (0.85) | (5.32) | -- | -- |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | (0.04) | -- | -- | -- | 0.00 | -- | -- | -- | -- |
| Net Income | (1.25) | (1.49) | (0.81) | (0.29) | (1.46) | (0.78) | (1.42) | (1.86) | (1.04) | (0.29) | (2.24) | (0.52) | 17.42 | (24.95) | (0.49) | (0.84) | (5.31) | (0.01) | (0.01) |
| Basic EPS | 0.00 | 0.00 | (0.01) | 0.00 | (0.01) | (0.01) | (0.02) | (0.02) | (0.01) | 0.00 | (0.04) | 0.00 | 0.38 | (0.56) | (0.01) | 0.28 | (0.28) | -- | -- |
| Diluted EPS | 0.00 | 0.00 | (0.01) | 0.00 | (0.01) | (0.01) | (0.02) | (0.02) | (0.01) | 0.00 | (0.04) | 0.00 | 0.38 | (0.56) | (0.01) | 0.28 | (0.28) | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | 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 | (0.43) | 0.13 | 0.02 | 0.07 | (0.71) | (0.18) | 1.02 | (1.13) | (0.01) | (0.32) | (0.57) | (0.24) | (0.23) | (0.66) | (0.08) | (1.55) | (0.37) | (0.01) | (0.03) |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (0.43) | 0.13 | 0.02 | 0.07 | (0.71) | (0.18) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | 0.00 | -- | -- | -- | -- | (0.01) | 0.00 | -- | -- |
| Financing Cash Flow | (0.02) | 0.07 | (0.16) | 0.47 | 0.08 | 0.02 | 0.05 | 0.27 | 0.27 | 0.24 | 0.80 | (0.18) | 0.36 | 0.06 | (0.03) | 0.52 | 2.06 | 0.01 | 0.03 |
* Derived from reported values
