Balance Sheet

Balance Sheet Breakdown
Year Ending Dec 2025 (Update) Year Ending Dec 2024 (Update) Year Ending Dec 2023 (Update) Year Ending Dec 2022 (Update)
Cash 20.32 0.14 0.19 0.36
Short Term Investments 9.71 0.01 0.10 0.10
Cash and Short Term Investments 30.02 0.16 0.29 0.46
Accounts Receivable - Trade, Gross 0.00 0.11 0.02 0.01
Accounts Receivable - Trade, Net 0.00 0.11 0.02 0.01
Receivables - Other 0.06 No data No data No data
Total Receivables, Net 0.06 0.11 0.02 0.01
Inventories - Finished Goods No data No data No data 0.34
Total Inventory No data No data 0.00 0.34
Prepaid Expenses 17.34 0.08 0.21 0.33
Other Current Assets 24.47 0.00 0.01 No data
Other Current Assets, Total 24.47 0.00 0.01 No data
Total Current Assets 71.90 0.34 0.53 1.13
Buildings - Gross 0.08 0.08 0.08 0.08
Machinery/Equipment - Gross 0.84 0.84 1.26 1.07
Other Property/Plant/Equipment - Gross 0.11 0.61 1.10 1.10
Property/Plant/Equipment, Total - Gross 1.04 1.54 2.45 2.26
Accumulated Depreciation, Total -1.01 -1.36 -1.53 -0.89
Property/Plant/Equipment, Total - Net 0.03 0.18 0.92 1.37
Goodwill, Net 70.98 No data No data No data
Intangibles - Gross 47.88 No data No data No data
Accumulated Intangible Amortization -3.24 No data No data No data
Intangibles, Net 44.64 0.27 0.29 0.31
LT Investments - Other No data 0.00 0.02 0.12
Long Term Investments No data 0.00 0.02 0.12
Deferred Charges No data No data No data No data
Other Long Term Assets No data 0.04 0.04 1.18
Other Long Term Assets, Total No data 0.04 0.04 1.18
Total Assets 187.54 0.84 1.80 4.11
Payable/Accrued No data No data No data No data
Accrued Expenses 2.95 2.15 4.47 3.17
Notes Payable/Short Term Debt 38.02 0.00 0.00 0.00
Dividends Payable 0.12 0.11 0.10 0.09
Customer Advances No data 0.00 0.02 0.01
Other Current Liabilities 1.70 No data No data No data
Other Current liabilities, Total 1.82 0.11 0.12 0.10
Total Current Liabilities 42.79 2.26 4.58 3.26
Total Long Term Debt 0.00 0.00 0.00 0.00
Total Debt 38.02 0.00 0.00 0.00
Deferred Income Tax - Long Term Liability 11.42 No data No data No data
Deferred Income Tax 11.42 No data No data No data
Minority Interest 0.03 0.02 0.03 -0.02
Other Long Term Liabilities No data 0.00 0.10 0.45
Other Liabilities, Total No data 0.00 0.10 0.45
Total Liabilities 54.25 2.28 4.71 3.69
Convertible Preferred Stock – Non-Redeemable 0.11 0.11 0.11 0.11
Preferred Stock - Non Redeemable, Net 0.11 0.11 0.11 0.11
Common Stock 0.05 0.02 0.01 0.06
Common Stock, Total 0.05 0.02 0.01 0.06
Additional Paid-In Capital 850.45 253.78 241.99 216.23
Retained Earnings (Accumulated Deficit) -718.12 -255.35 -245.02 -215.97
Other Equity No data No data No data No data
Other Comprehensive Income 0.81 No data No data No data
Other Equity, Total 0.81 No data No data No data
Total Equity 133.30 -1.44 -2.91 0.42
Total Liabilities & Shareholders' Equity 187.54 0.84 1.80 4.11
Shares Outstanding – Common Stock Primary Issue 49.81 17.24 9.04 5.46
Shares Outstanding - Common Issue 2 107.99 No data No data No data
Total Common Shares Outstanding 157.80 17.24 9.04 5.46
Treasury Shares – Common Primary Issue 0.00 0.00 0.00 0.00
Treasury Shares - Common Issue 2 0.00 No data No data No data
Shares Outstanding - Preferred Issue 1 0.00 0.00 0.00 0.00
Total Preferred Shares Outstanding 0.00 0.00 0.00 0.00
Treasury Shares – Primary Preferred Issue 0.00 0.00 0.00 0.00
Employees 6.00 5.00 4.00 47.00
Number of Common Shareholders 336.00 421.00 392.00 325.00
Accumulated Intangible Amortization 3.24 No data No data No data
Deferred Revenue - Current No data 0.00 0.02 0.01
Deferred Revenue - Long Term No data No data No data 0.00
Total Current Assets less Inventory 71.90 0.34 0.53 0.79
Quick Ratio 1.68 0.15 0.12 0.24
Current Ratio 1.68 0.15 0.12 0.35
Net Debt 8.14 -0.03 -0.16 -0.37
Tangible Book Value 17.57 -1.81 -3.31 0.01
Tangible Book Value per Share 0.11 -0.11 -0.37 0.00
Total Operating Leases No data 0.10 0.45 0.77
Operating Lease Payments Due in Year 1 No data 0.11 0.37 0.36
Operating Lease Payments Due in Year 2 No data No data 0.11 0.37
Operating Lease Payments Due in Year 3 No data No data No data 0.11
Operating Lease Payments Due in 2-3 Years No data No data 0.11 0.48
Standardized Operating Lease Payments Due in Year 6 and Beyond No data 0.00 -0.02 -0.07

In millions of USD (except for per share items)

Source: LSEG