Financial Statements — VIVS
Balance Sheet
(in millions USD)| Metric | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.29 | 6.68 | 9.06 | 5.30 | 7.62 | 10.75 | 30.27 | 33.79 | 36.01 | 18.84 | 17.66 | 24.79 |
| Short-term Investments | -- | -- | -- | -- | 9.96 | 9.90 | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0.15 | -- | -- | -- | 0.00 | 0.02 | 0.08 |
| Inventory | 0.00 | 0.64 | 0.41 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 6.04 | 7.59 | 9.68 | 6.24 | 8.30 | 11.70 | 31.17 | 34.30 | 36.66 | 20.10 | 19.49 | 25.50 |
| Property, Plant & Equipment | 0.25 | 0.30 | 0.36 | 0.74 | 0.81 | 0.85 | 0.65 | 0.55 | 0.55 | 0.29 | 0.02 | -- |
| Total Non-current Assets* | 0.92 | 2.10 | 2.30 | 2.64 | 2.87 | 3.06 | 3.92 | 1.58 | 1.64 | 1.48 | 1.16 | 0.12 |
| Total Assets | 6.96 | 9.69 | 11.98 | 8.88 | 11.16 | 14.76 | 35.10 | 35.88 | 38.29 | 21.58 | 20.64 | 25.62 |
| Accounts Payable | 0.67 | 0.58 | 0.67 | 0.47 | 0.44 | 0.49 | 0.61 | 0.96 | 0.58 | 0.41 | 0.20 | 0.11 |
| Total Current Liabilities | 2.48 | 2.45 | 2.14 | 1.70 | 1.60 | 1.77 | 2.01 | 1.68 | 0.96 | 0.83 | 0.66 | 0.84 |
| Total Non-current Liabilities* | 0.04 | 0.17 | 0.30 | 1.00 | 1.11 | 1.21 | 1.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities* | 2.52 | 2.62 | 2.44 | 2.70 | 2.71 | 2.98 | 3.80 | 1.68 | 0.96 | 0.83 | 0.66 | 0.84 |
| Retained Earnings | (350.24) | (347.54) | (345.00) | (336.62) | (333.02) | (329.03) | (305.83) | (302.33) | (298.82) | (293.69) | (291.18) | (282.23) |
| Total Stockholder Equity | 4.44 | 7.07 | 9.54 | 6.18 | 8.46 | 11.78 | 31.29 | 34.21 | 37.33 | 20.75 | 19.99 | 24.79 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 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 | 0.05 | 0.03 | 0.03 | 0.04 | 0.03 | 0.16 | 0.01 | 0.00 | 0.08 | 1.50 | 0.00 | 0.00 | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue* | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | 0.00 | 0.00 | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.05 | 0.03 | 0.03 | 0.04 | -- | -- | -- | 0.00 | 0.08 | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 |
| Research & Development | 0.86 | 1.14 | 0.92 | 1.00 | 1.06 | 5.45 | 1.43 | 1.34 | 1.67 | 1.14 | 0.93 | 0.68 | 0.58 | 0.67 | 0.40 | 0.03 | 0.00 |
| Selling, General & Admin | 2.35 | 1.64 | 1.74 | 1.95 | 2.06 | 2.49 | 2.25 | 2.78 | 2.60 | 2.28 | 2.57 | 2.83 | 1.98 | 1.93 | 2.09 | 8.92 | 2.79 |
| Total Operating Expenses* | 3.21 | 2.78 | 2.66 | 2.95 | -- | -- | 3.49 | 4.12 | 4.27 | 2.60 | 3.50 | 3.51 | -- | 2.60 | 20.48 | 8.95 | 2.79 |
| Operating Income | (3.15) | (2.75) | (2.63) | (2.91) | (3.10) | (7.78) | (3.68) | (4.11) | (4.19) | (1.91) | (3.50) | (3.51) | (2.56) | (2.60) | (2.49) | (8.95) | (2.79) |
| Pretax Income* | 6.85 | (2.69) | (2.54) | (2.84) | (3.04) | (7.46) | (3.60) | (3.99) | (4.03) | (1.91) | (3.50) | (3.50) | (2.53) | (2.60) | (2.51) | (8.95) | (2.77) |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 6.85 | (2.69) | (2.54) | (2.84) | (3.04) | (7.46) | (3.60) | (3.99) | (4.03) | (1.91) | (3.50) | (3.50) | (2.53) | (2.60) | (2.51) | (8.95) | (2.77) |
| Basic EPS | (1.14) | (1.03) | (0.98) | (1.14) | (0.28) | (0.86) | (0.40) | (0.46) | (0.46) | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (1.14) | (1.03) | (0.98) | (1.14) | (0.28) | (0.86) | (0.40) | (0.46) | (0.46) | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | 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 | (2.03) | (2.27) | (2.38) | (3.94) | (4.73) | (3.52) | (3.15) | (5.31) | (1.54) | (3.36) | (2.14) | (1.41) | (2.11) | (1.49) | (7.15) | (2.57) |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.16 | 0.00 | 0.03 | 0.02 | 0.05 | 0.13 | 0.03 | 0.19 | 0.11 | 0.29 | -- | -- |
| Free Cash Flow* | (2.03) | (2.27) | (2.38) | (3.94) | (4.89) | (3.52) | (3.18) | (5.33) | (1.59) | (3.49) | (2.17) | (1.61) | (2.22) | (1.78) | -- | -- |
| Investing Cash Flow | 9.00 | 0.00 | 0.00 | 0.00 | (0.16) | 0.03 | 0.01 | 0.76 | (0.05) | (0.13) | (0.03) | (0.19) | (0.11) | (0.29) | 0.01 | 0.00 |
| Financing Cash Flow | 3.19 | (0.12) | 0.00 | 1.68 | 0.00 | 1.17 | 0.00 | 0.00 | 0.00 | -0.00 | (0.04) | 0.25 | 20.75 | 3.07 | 0.01 | -0.00 |
* Derived from reported values