Financial Statements — UPYY
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 |
|---|
| Cash & Equivalents | 0.09 | 0.07 | 0.04 | 0.04 | 0.03 | 0.12 | 0.23 | 0.85 | 0.66 | 0.48 | 0.57 | 0.44 | 0.42 | 0.36 | 0.28 |
| Accounts Receivable | 0.05 | 0.06 | 0.04 | 0.04 | 0.04 | 0.03 | 0.05 | 0.08 | 0.07 | 0.05 | 0.06 | 0.06 | 0.09 | 0.06 | 0.05 |
| Total Current Assets | 0.16 | 0.14 | 0.09 | 0.12 | 0.14 | 0.17 | 0.29 | 0.93 | 0.73 | 0.54 | 0.70 | 0.53 | 0.51 | 0.43 | 0.34 |
| Property, Plant & Equipment | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.07 | 0.08 | 0.09 | 0.11 | 0.12 |
| Total Non-current Assets* | 0.07 | 0.08 | 0.08 | 0.08 | 0.03 | 0.04 | 0.05 | 0.06 | 0.07 | 0.07 | 0.16 | 0.17 | 0.19 | 0.15 | 0.16 |
| Total Assets | 0.22 | 0.21 | 0.17 | 0.20 | 0.17 | 0.21 | 0.34 | 0.99 | 0.80 | 0.61 | 0.86 | 0.69 | 0.71 | 0.58 | 0.50 |
| Accounts Payable | 0.13 | 0.10 | 0.08 | 0.08 | 0.07 | 0.07 | 0.20 | 0.67 | 0.62 | 0.54 | 0.55 | 0.42 | 0.40 | 0.39 | 0.30 |
| Total Current Liabilities | 0.54 | 0.34 | 0.50 | 0.49 | 0.45 | 0.45 | 0.58 | 1.04 | 0.99 | 0.91 | 0.70 | 0.52 | 0.51 | 0.43 | 0.34 |
| Total Non-current Liabilities* | 0.27 | 0.36 | 0.33 | 0.29 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.12 | 0.14 | 0.15 | 0.10 | 0.10 |
| Total Liabilities | 0.81 | 0.70 | 0.83 | 0.78 | 0.53 | 0.52 | 0.66 | 1.12 | 1.07 | 1.00 | 0.82 | 0.66 | 0.66 | 0.53 | 0.44 |
| Retained Earnings | (3.69) | (3.45) | (2.42) | (2.31) | (2.12) | (1.97) | (1.77) | (1.40) | (1.09) | (0.92) | (0.70) | (0.72) | (0.71) | (0.34) | (0.32) |
| Total Stockholder Equity | (0.58) | (0.49) | (0.66) | (0.58) | (0.36) | (0.32) | (0.32) | (0.13) | (0.28) | (0.39) | 0.04 | 0.03 | 0.05 | 0.05 | 0.07 |
* 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 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 0.23 | 0.14 | 0.18 | 0.19 | 0.17 | 0.33 | 0.15 | 0.17 | 0.26 | 0.34 | 0.36 | 0.36 | 0.33 | 0.38 | 0.39 | 0.36 | 0.34 | 0.29 | 0.20 |
| Cost of Revenue | 0.06 | 0.04 | 0.05 | 0.05 | 0.04 | 0.17 | 0.04 | 0.05 | 0.13 | 0.16 | 0.17 | 0.16 | 0.16 | 0.13 | 0.13 | 0.13 | 0.11 | 0.07 | 0.06 |
| Gross Profit | 0.17 | 0.10 | 0.13 | 0.14 | 0.13 | 0.16 | 0.11 | 0.12 | 0.12 | 0.18 | 0.20 | 0.21 | 0.17 | 0.24 | 0.26 | 0.23 | 0.22 | 0.22 | 0.14 |
| Selling, General & Admin | 0.27 | 0.13 | 0.24 | 0.25 | 0.26 | 0.35 | 0.25 | 0.30 | 0.27 | 0.21 | 0.49 | 0.37 | 0.19 | 0.25 | 0.24 | 0.21 | 0.52 | 0.22 | 0.20 |
| Total Operating Expenses | 0.27 | 0.13 | 0.24 | 0.25 | 0.26 | 0.35 | 0.26 | 0.30 | 0.27 | 0.22 | 0.49 | 0.37 | 0.20 | 0.25 | 0.25 | 0.23 | 0.54 | 0.24 | 0.21 |
| Operating Income | (0.10) | -- | (0.11) | (0.11) | (0.13) | -- | (0.15) | (0.18) | (0.14) | (0.04) | (0.30) | (0.17) | (0.03) | (0.01) | 0.00 | -0.00 | (0.32) | (0.02) | (0.07) |
| Interest Expense | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Pretax Income | (0.12) | -- | (1.03) | (0.12) | (0.14) | -- | (0.16) | (0.19) | (0.15) | (0.04) | (0.30) | (0.17) | (0.03) | (0.01) | 0.02 | (0.01) | (0.33) | (0.02) | (0.07) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- |
| Net Income | (0.12) | -- | (1.03) | (0.12) | (0.14) | -- | (0.16) | (0.19) | (0.15) | (0.06) | (0.30) | (0.17) | (0.03) | (0.05) | 0.02 | (0.01) | (0.33) | (0.02) | (0.07) |
| Basic EPS | (0.01) | -- | (0.06) | (0.01) | (0.01) | -- | (0.01) | (0.01) | (0.01) | (0.01) | (0.02) | (0.01) | 0.00 | -- | -- | -- | -- | 0.00 | 0.00 |
| Diluted EPS | (0.01) | -- | (0.06) | (0.01) | (0.01) | -- | (0.01) | (0.01) | (0.01) | (0.01) | (0.02) | (0.01) | 0.00 | -- | -- | -- | -- | 0.00 | 0.00 |
Cash Flow Statement
(in thousands USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (74.22) | (70.61) | (58.09) | (130.68) | (90.58) | (225.33) | (425.73) | 179.21 | 120.81 | 54.20 | (134.04) | 598.89 | 89.00 | 34.17 | 66.77 | 77.83 | (75.25) |
| Capital Expenditures | 1.19 | 0.01 | 0.83 | -- | 0.00 | 0.00 | 23.17 | 2.91 | 1.00 | (0.03) | 23.17 | 0.71 | 1.67 | 1.03 | 0.69 | 1.57 | 1.86 |
| Free Cash Flow* | (75.41) | (70.62) | (58.92) | -- | (90.58) | (225.33) | (448.90) | 176.30 | 119.81 | 54.23 | (157.21) | 598.18 | 87.33 | 33.14 | 66.08 | 76.27 | (77.10) |
| Investing Cash Flow | (1.19) | (0.01) | (0.83) | -- | 0.00 | 0.00 | (23.17) | (2.92) | (0.17) | 0.03 | (23.17) | (0.71) | (1.67) | (1.03) | (0.69) | (1.56) | (21.85) |
| Financing Cash Flow | 75.00 | 100.00 | 50.00 | 120.00 | 0.00 | 100.00 | 12.98 | (1.58) | 76.51 | 96.00 | 12.98 | (5.21) | 52.72 | (7.55) | 43.51 | (2.98) | 97.23 |
* Derived from reported values
