Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 32.5M | 17.8M | 15.4M | 24.5M | 14.8M |
| Operating Revenue | 32.5M | 17.8M | 15.4M | 24.5M | 14.8M |
| Cost Of Revenue | 27.5M | 19.3M | 19.0M | 27.7M | 23.0M |
| Gross Profit | 5.0M | -1.5M | -3.6M | -3.2M | -8.2M |
| Selling General And Administration | 5.7M | 7.2M | 7.1M | 9.3M | 7.1M |
| General And Administrative Expense | 4.2M | 4.8M | 4.7M | 6.3M | 4.3M |
| Research And Development | 11.5M | 18.2M | 18.1M | 19.9M | 23.7M |
| Operating Expense | 17.2M | 25.4M | 25.0M | 29.2M | 30.9M |
| Operating Income | -12.3M | -26.9M | -28.7M | -32.5M | -39.1M |
| EBIT | -27.6M | -23.8M | -20.5M | -45.9M | -203.9M |
| Interest Expense | 453,000 | 498,000 | 516,000 | 539,000 | 586,000 |
| Interest Expense Non Operating | 453,000 | 498,000 | 516,000 | 539,000 | 586,000 |
| Net Interest Income | -461,000 | -498,000 | -516,000 | -548,000 | -588,000 |
| Other Income Expense | -15.3M | 3.1M | 8.1M | -13.4M | -164.9M |
| Special Income Charges | -17.7M | -7.3M | -2.4M | -8.8M | -171.0M |
| Restructuring And Mergern Acquisition | 17.6M | 5.9M | 228,000 | 708,000 | 16.1M |
| Write Off | 41,000 | 491,000 | -1,000 | 3.2M | 7.9M |
| Gain On Sale Of Security | 4.2M | 10.8M | 11.3M | -2.1M | 7.3M |
| Earnings From Equity Interest | -1.9M | -444,000 | -818,000 | -2.5M | -1.1M |
| Pretax Income | -28.1M | -24.3M | -21.0M | -46.5M | -204.5M |
| Tax Provision | 0.00 | 24,000 | 0.00 | 18,000 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 531,600 | 0.00 | -1.6M | 0.00 |
| Net Income From Continuing And Discontinued Operation | -28.1M | -24.3M | -21.0M | -46.5M | -205.0M |
| Net Income From Continuing Operation Net Minority Interest | -28.1M | -24.3M | -21.0M | -46.5M | -204.5M |
| Net Income Including Noncontrolling Interests | -28.1M | -24.3M | -21.0M | -46.5M | -205.0M |
| Net Income Common Stockholders | -28.1M | -24.3M | -21.0M | -46.5M | -205.0M |
| Net Income | -28.1M | -24.3M | -21.0M | -46.5M | -205.0M |
| EBITDA | -26.6M | -22.8M | -19.5M | -44.8M | -200.4M |
| Normalized EBITDA | -13.1M | -26.3M | -28.5M | -33.9M | -36.7M |
| Reconciled Depreciation | 1.0M | 964,000 | 985,000 | 1.1M | 3.5M |
| Basic EPS | -0.09 | -0.08 | -0.07 | -- | -0.68 |
| Diluted EPS | -0.09 | -0.08 | -0.07 | -- | -0.68 |
| Basic Average Shares | 300.5M | 299.8M | 299.5M | -- | 299.4M |
| Diluted Average Shares | 300.5M | 299.8M | 299.5M | -- | 299.4M |
| Total Unusual Items | -13.4M | 3.5M | 9.0M | -10.9M | -163.8M |
| Total Unusual Items Excluding Goodwill | -13.4M | 3.5M | 9.0M | -10.9M | -163.8M |
| Tax Rate For Calcs | 0.00 | 0.15 | 0.00 | 0.15 | 0.00 |
| Normalized Income | -14.6M | -27.3M | -30.0M | -37.2M | -40.8M |
| Diluted NI Availto Com Stockholders | -28.1M | -24.3M | -21.0M | -46.5M | -205.0M |
| Gain On Sale Of Ppe | 0.00 | 3,000 | 70,000 | -- | 0.00 |
| Impairment Of Capital Assets | 0.00 | 939,000 | 2.2M | 4.9M | 147.0M |
| Net Income Continuous Operations | -28.1M | -24.3M | -21.0M | -46.5M | -204.5M |
| Net Income Discontinuous Operations | 0.00 | 0.00 | 0.00 | 0.00 | -487,000 |
| Net Non Operating Interest Income Expense | -461,000 | -498,000 | -516,000 | -548,000 | -588,000 |
| Other Gand A | 4.2M | 4.8M | 4.7M | 6.3M | 4.3M |
| Other Taxes | -- | -- | -180,000 | 0.00 | 0.00 |
| Reconciled Cost Of Revenue | 27.5M | 19.3M | 19.0M | 27.7M | 23.0M |
| Salaries And Wages | -- | -- | -- | -- | -- |
| Selling And Marketing Expense | 1.6M | 2.4M | 2.5M | 3.1M | 2.8M |
| Total Expenses | 44.8M | 44.7M | 44.0M | 57.0M | 53.8M |
| Total Operating Income As Reported | -29.9M | -33.2M | -29.1M | -36.4M | -63.1M |
| Total Other Finance Cost | 8,000 | -- | -- | 9,000 | 2,000 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 525.7M | 550.0M | 576.7M | 603.9M | 635.1M |
| Cash Cash Equivalents And Short Term Investments | 527.9M | 552.1M | 578.8M | 606.1M | 637.2M |
| Other Short Term Investments | 2.1M | 2.1M | 2.1M | 2.1M | 2.1M |
| Accounts Receivable | 28.1M | 15.9M | 20.8M | 24.2M | 20.1M |
| Receivables | 32.4M | 23.4M | 28.1M | 32.0M | 30.7M |
| Inventory | 59.9M | 68.9M | 65.1M | 56.4M | 67.2M |
| Other Current Assets | 3.3M | 2.9M | 3.1M | 4.4M | 7.4M |
| Current Assets | 623.4M | 647.3M | 675.1M | 698.9M | 742.5M |
| Gross PPE | 30.3M | 28.9M | 29.6M | 225.1M | 137.4M |
| Accumulated Depreciation | -- | -- | -- | -194.6M | -105.0M |
| Net PPE | 30.3M | 28.9M | 29.6M | 30.4M | 32.4M |
| Goodwill | -- | -- | -- | 0.00 | 0.00 |
| Goodwill And Other Intangible Assets | 1.5M | 1.8M | 1.9M | 1.8M | 2.2M |
| Other Intangible Assets | 1.5M | 1.8M | 1.9M | 1.8M | 2.2M |
| Investments And Advances | 54.7M | 57.4M | 49.6M | 45.8M | 52.9M |
| Long Term Equity Investment | 8.9M | 11.5M | 7.5M | 8.2M | 11.3M |
| Other Non Current Assets | 498,000 | 507,000 | 484,000 | 495,000 | 524,000 |
| Total Non Current Assets | 87.0M | 88.5M | 81.5M | 78.4M | 87.9M |
| Total Assets | 710.5M | 735.9M | 756.6M | 777.3M | 830.4M |
| Current Debt And Capital Lease Obligation | 3.3M | 3.2M | 3.0M | 2.9M | 3.5M |
| Accounts Payable | 18.0M | 19.2M | 21.7M | 12.3M | 19.4M |
| Payables | 28.2M | 29.2M | 31.9M | 30.1M | 34.7M |
| Payables And Accrued Expenses | 28.2M | 29.2M | 31.9M | 30.1M | 34.7M |
| Current Deferred Revenue | 10.9M | 8.6M | 9.2M | 6.6M | 6.9M |
| Other Current Liabilities | 4.7M | 4.2M | 4.5M | 5.6M | 5.0M |
| Current Liabilities | 74.8M | 69.5M | 75.0M | 75.6M | 82.4M |
| Long Term Debt And Capital Lease Obligation | 19.3M | 20.5M | 20.2M | 21.0M | 24.0M |
| Long Term Capital Lease Obligation | 19.3M | 20.5M | 20.2M | 21.0M | 24.0M |
| Other Non Current Liabilities | -- | -- | 2.7M | 2.6M | 2.3M |
| Total Non Current Liabilities Net Minority Interest | 28.8M | 30.4M | 27.8M | 28.7M | 28.5M |
| Total Liabilities Net Minority Interest | 103.6M | 99.9M | 102.8M | 104.3M | 110.9M |
| Common Stock | 2.4B | 2.4B | 2.4B | 2.4B | 2.4B |
| Capital Stock | 2.4B | 2.4B | 2.4B | 2.4B | 2.4B |
| Additional Paid In Capital | 310.4M | 314.0M | 309.5M | 310.0M | 309.0M |
| Retained Earnings | -2.1B | -2.1B | -2.1B | -2.1B | -2.0B |
| Gains Losses Not Affecting Retained Earnings | -1.7M | -2.5M | -4.2M | -4.8M | -2.8M |
| Common Stock Equity | 606.8M | 635.9M | 653.8M | 673.0M | 719.5M |
| Stockholders Equity | 606.8M | 635.9M | 653.8M | 673.0M | 719.5M |
| Total Equity Gross Minority Interest | 606.8M | 635.9M | 653.8M | 673.0M | 719.5M |
| Total Capitalization | 606.8M | 635.9M | 653.8M | 673.0M | 719.5M |
| Net Tangible Assets | 605.3M | 634.2M | 652.0M | 671.2M | 717.3M |
| Tangible Book Value | 605.3M | 634.2M | 652.0M | 671.2M | 717.3M |
| Working Capital | 548.6M | 577.8M | 600.1M | 623.3M | 660.1M |
| Invested Capital | 606.8M | 635.9M | 653.8M | 673.0M | 719.5M |
| Total Debt | 22.6M | 23.7M | 23.3M | 23.9M | 27.5M |
| Share Issued | 300.6M | 299.9M | 299.8M | 299.4M | 299.4M |
| Ordinary Shares Number | 300.6M | 299.9M | 299.8M | 299.4M | 299.4M |
| Allowance For Doubtful Accounts Receivable | -3.0M | -2.9M | -5.0M | -5.3M | -5.4M |
| Available For Sale Securities | 45.7M | 45.9M | -- | -- | -- |
| Buildings And Improvements | -- | -- | -- | 0.00 | 852,000 |
| Capital Lease Obligations | 22.6M | 23.7M | 23.3M | 23.9M | 27.5M |
| Current Capital Lease Obligation | 3.3M | 3.2M | 3.0M | 2.9M | 3.5M |
| Current Deferred Liabilities | 10.9M | 8.6M | 9.2M | 6.6M | 6.9M |
| Current Provisions | 27.7M | 24.2M | 26.3M | 30.4M | 32.3M |
| Employee Benefits | 87,000 | 87,000 | -- | 98,000 | -486,000 |
| Finished Goods | -- | -- | -- | 27.0M | -- |
| Foreign Currency Translation Adjustments | -1.7M | -2.5M | -4.2M | -4.8M | -2.8M |
| Gross Accounts Receivable | 31.1M | 18.8M | 25.7M | 29.5M | 25.5M |
| Investmentin Financial Assets | 45.7M | 45.9M | 42.1M | 37.5M | 41.6M |
| Investments In Other Ventures Under Equity Method | 3.5M | 4.3M | -- | -- | -- |
| Investmentsin Associatesat Cost | 5.4M | 7.2M | -- | 8.2M | -- |
| Investmentsin Joint Venturesat Cost | -- | -- | 7.5M | -- | -- |
| Leases | 22.5M | 23.2M | 23.9M | 47.6M | 26.4M |
| Long Term Provisions | 2.7M | 2.7M | -- | -- | -- |
| Machinery Furniture Equipment | 4.0M | 4.0M | 4.0M | 13.7M | 5.6M |
| Non Current Deferred Liabilities | 6.8M | 7.1M | 4.9M | 5.1M | 2.6M |
| Non Current Deferred Revenue | 6.8M | 7.1M | 4.9M | 5.1M | 2.6M |
| Non Current Pension And Other Postretirement Benefit Plans | -- | -- | -- | 98,000 | -- |
| Other Inventories | -- | -- | -- | 7.5M | -- |
| Other Payable | 10.0M | 9.3M | 9.6M | 17.1M | 15.0M |
| Other Properties | 3.7M | 1.7M | 1.6M | 163.8M | 104.4M |
| Other Receivables | 4.4M | 7.5M | 7.3M | 7.8M | 10.6M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | -- | -- | -- | 15.3M | -- |
| Total Tax Payable | 193,000 | 760,000 | 614,000 | 647,000 | 341,000 |
| Work In Process | -- | -- | -- | 6.6M | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -22.9M | -20.3M | -24.4M | -24.4M | -28.6M |
| Cash Flow From Continuing Operating Activities | -22.9M | -20.3M | -24.4M | -24.4M | -28.6M |
| Depreciation And Amortization | 1.0M | 964,000 | 985,000 | 1.1M | 3.5M |
| Depreciation Amortization Depletion | 1.0M | 964,000 | 985,000 | 1.1M | 3.5M |
| Stock Based Compensation | -412,000 | 4.8M | 1.9M | 1.1M | 1.0M |
| Change In Working Capital | 3.5M | 490,000 | -2.7M | -466,000 | 10.9M |
| Change In Receivables | -9.1M | 3.9M | 3.8M | -4.7M | 287,000 |
| Change In Inventory | 7.5M | -4.8M | -8.8M | 6.5M | -6.5M |
| Change In Payables And Accrued Expense | 3.8M | -848,000 | -2.3M | -6.9M | 16.8M |
| Change In Payable | 3.8M | -848,000 | -2.3M | -6.9M | 16.8M |
| Change In Other Working Capital | 1.7M | 1.8M | 2.8M | 1.6M | 294,000 |
| Other Non Cash Items | -63,000 | 146,000 | -50,000 | -39,000 | -68,000 |
| Capital Expenditure | -1.4M | -2.3M | -2.7M | -5.9M | -11.6M |
| Purchase Of PPE | -1.4M | -2.2M | -2.4M | -5.6M | -11.1M |
| Net PPE Purchase And Sale | -1.4M | -2.2M | -2.4M | -5.6M | -11.1M |
| Purchase Of Business | -- | -- | -- | 0.00 | -100,000 |
| Purchase Of Investment | -29,000 | -4.7M | -152,000 | -3.3M | -2.6M |
| Sale Of Investment | -- | -- | -- | 0.00 | 0.00 |
| Net Investment Purchase And Sale | -29,000 | -4.7M | -152,000 | -3.3M | -2.6M |
| Investing Cash Flow | -1.4M | -7.1M | -2.7M | -6.1M | -14.3M |
| Cash Flow From Continuing Investing Activities | -1.4M | -7.1M | -2.7M | -6.1M | -14.3M |
| Repayment Of Debt | -740,000 | -797,000 | -689,000 | -663,000 | -865,000 |
| Net Issuance Payments Of Debt | -740,000 | -797,000 | -689,000 | -663,000 | -865,000 |
| Financing Cash Flow | -740,000 | -797,000 | -689,000 | 826,000 | -865,000 |
| Cash Flow From Continuing Financing Activities | -740,000 | -797,000 | -689,000 | 826,000 | -865,000 |
| Effect Of Exchange Rate Changes | 732,000 | 1.5M | 577,000 | -1.5M | 876,000 |
| Changes In Cash | -25.0M | -28.2M | -27.8M | -29.7M | -43.8M |
| Beginning Cash Position | 550.0M | 576.7M | 603.9M | 635.1M | 678.0M |
| End Cash Position | 525.7M | 550.0M | 576.7M | 603.9M | 635.1M |
| Free Cash Flow | -24.3M | -22.7M | -27.1M | -30.3M | -40.2M |
| Amortization Cash Flow | 217,000 | 204,000 | 125,000 | -- | -- |
| Amortization Of Intangibles | 217,000 | 204,000 | 125,000 | -- | -- |
| Asset Impairment Charge | -1.6M | 698,000 | 689,000 | 9.6M | 157.6M |
| Change In Prepaid Assets | -404,000 | 427,000 | 1.8M | 3.0M | 69,000 |
| Depreciation | 818,000 | 759,000 | 861,000 | -- | -- |
| Earnings Losses From Equity Investments | 1.9M | 444,000 | 818,000 | 2.5M | 1.1M |
| Gain Loss On Investment Securities | 1,000 | -249,000 | -437,000 | 852,000 | -368,000 |
| Long Term Debt Payments | -740,000 | -797,000 | -689,000 | -663,000 | -865,000 |
| Net Business Purchase And Sale | -- | -- | -- | 0.00 | -100,000 |
| Net Income From Continuing Operations | -28.1M | -24.3M | -21.0M | -46.5M | -205.0M |
| Net Intangibles Purchase And Sale | 0.00 | -104,000 | -233,000 | -353,000 | -528,000 |
| Net Long Term Debt Issuance | -740,000 | -797,000 | -689,000 | -663,000 | -865,000 |
| Net Other Investing Changes | 0.00 | 0.00 | 80,000 | -- | -- |
| Operating Gains Losses | 1.9M | 183,000 | 309,000 | 3.4M | 743,000 |
| Pension And Employee Benefit Expense | 0.00 | -9,000 | -2,000 | 8,000 | 0.00 |
| Proceeds From Stock Option Exercised | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase Of Intangibles | 0.00 | -104,000 | -233,000 | -353,000 | -528,000 |
| Unrealized Gain Loss On Investment Securities | 916,000 | -3.3M | -4.4M | 7.4M | 2.7M |