OBIO - Orchestra BioMed Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$11.50
DETAILS
HIGH:
$13.00
LOW:
$10.00
MEDIAN:
$11.50
CONSENSUS:
$11.50
UPSIDE:
103.18%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue | 0.1 | 0.1 | 30.9 | 0.9 | 0.8 | 0.9 | 0.3 | 1.0 | 0.8 | 0.6 | 0.3 | 0.4 | 0.9 | 1.2 | 1.1 | 1.2 | 0.4 | 0.9 | (2.5) | 1.3 | (1.0) | 1.3 | 0 | 0 | 0 |
| Cost of Revenue | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | 0 | 0 | 0 |
| Gross Profit | 0.1 | 0.0 | 30.9 | 0.8 | 0.8 | 0.8 | 0.2 | 0.9 | 0.7 | 0.5 | 0.2 | 0.4 | 0.9 | 1.1 | 1.1 | 1.1 | 0.3 | 0.8 | (2.5) | 1.3 | (1.0) | 1.3 | 0 | 0 | 0 |
| Operating Expenses | |||||||||||||||||||||||||
| R&D Expenses | 16.6 | 15.8 | 16.8 | 14.0 | 13.9 | 13.5 | 11.0 | 11.6 | 11.1 | 9.1 | 8.5 | 8.6 | 8.5 | 8.3 | 7.5 | 5.9 | 5.0 | 3.5 | 3.5 | 3.7 | 2.6 | 3.1 | 0 | 0 | 0 |
| SG&A Expenses | 5.8 | 6.3 | 7.3 | 7.1 | 6.3 | 6.3 | 5.9 | 5.7 | 6.5 | 5.8 | 4.1 | 6.3 | 5.3 | 4.4 | 3.3 | 5.3 | 2.9 | 2.5 | 1.9 | 2.0 | 1.9 | 2.1 | 0.1 | 0.1 | 0.0 |
| Other Expenses | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 22.4 | 22.1 | 24.1 | 21.1 | 20.1 | 19.7 | 16.9 | 17.3 | 17.6 | 14.9 | 12.7 | 14.9 | 13.8 | 12.7 | 10.9 | 11.2 | 8.0 | 6.0 | 5.4 | 5.7 | 4.5 | 5.2 | 0.1 | 0.1 | 0.0 |
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (22.4) | (22.1) | 6.8 | (20.3) | (19.3) | (18.9) | (16.7) | (16.3) | (16.9) | (14.4) | (12.5) | (14.5) | (13.0) | (11.5) | (9.8) | (10.1) | (7.6) | (5.1) | (7.9) | (4.4) | (5.6) | (3.9) | (0.1) | (0.1) | (0.0) |
| Interest Expense | 0 | 0.8 | 0.8 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0 | 0 | 0.2 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.5 | 0.9 | 0.9 | 1.0 | 1.1 | 0.9 | 0.9 | 1.2 | 0.5 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||
| EBITDA | (23.7) | (19.8) | 7.1 | (20.7) | (19.3) | (18.7) | (16.1) | (15.3) | (15.9) | (13.4) | (12.7) | (13.2) | (12.0) | (10.5) | (9.7) | (10.2) | (7.6) | (5.4) | (8.0) | (5.2) | (6.1) | (3.9) | (0.1) | (0.1) | (0.0) |
| EBIT | (23.8) | (19.9) | 7.0 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.6) | (9.8) | (10.3) | (7.6) | (5.5) | (8.1) | (5.3) | (6.2) | (3.9) | (0.1) | (0.1) | (0.0) |
| Income Before Tax | (23.8) | (20.7) | 6.2 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.9) | (9.8) | (10.3) | (7.8) | (5.7) | (8.1) | (5.3) | (6.2) | (3.5) | (0.1) | (0.1) | (0.0) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (23.8) | (20.7) | 6.2 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.9) | (9.8) | (10.3) | (7.8) | (5.7) | (8.1) | (5.3) | (6.2) | (3.5) | (0.1) | (0.1) | (0.0) |
| Per Share Data | |||||||||||||||||||||||||
| EPS (Basic) | -0.38 | -0.33 | 0.12 | -0.40 | -0.50 | -0.49 | -0.42 | -0.41 | -0.45 | -0.38 | -0.36 | -0.38 | -0.35 | -0.40 | -0.42 | -0.44 | -0.25 | -0.01 | -0.39 | -0.26 | -0.30 | -0.17 | -0.00 | -0.00 | – |
| EPS (Diluted) | -0.38 | -0.33 | 0.12 | -0.40 | -0.50 | -0.49 | -0.42 | -0.41 | -0.45 | -0.38 | -0.36 | -0.38 | -0.35 | -0.40 | -0.42 | -0.44 | -0.25 | -0.01 | -0.39 | -0.26 | -0.30 | -0.17 | -0.00 | -0.00 | – |
| Shares Outstanding | 63.8 | 62.7 | 50.0 | 52.2 | 38.4 | 38.2 | 38.1 | 37.6 | 35.8 | 35.8 | 35.8 | 35.2 | 34.6 | 27.6 | 23.3 | 23.3 | 31.6 | 31.6 | 20.4 | 20.4 | 20.4 | 20.4 | 20.4 | 20.4 | 20.4 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents | 20.5 | 28.4 | 34.7 | 42.0 | 18.7 | 18.3 | 22.3 | 25.6 | 23.7 | 23.3 | 30.6 | 19.1 | 16.4 | 18.7 | 19.8 | 97.0 | 107.0 | 29.3 | 9.9 | 1.8 | 1.9 | 2.0 | 2.0 | 2.0 | 0.2 |
| Short-Term Investments | 89.5 | 66.0 | 71.8 | 53.8 | 15.2 | 31.5 | 44.6 | 41.3 | 41.5 | 51.7 | 57.0 | 89.8 | 101.4 | 108.5 | 64.0 | 0.3 | 0.6 | 0.7 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0.2 | 0.3 | 0.3 | 0.4 | 0.2 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.1 | 0.0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 1.4 | 1.0 | 1.5 | 1.7 | 1.8 | 2.1 | 1.3 | 1.1 | 1.2 | 1.3 | 1.1 | 1.5 | 2.3 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 111.2 | 96.2 | 107.9 | 97.8 | 35.9 | 51.9 | 69.2 | 68.6 | 66.5 | 76.4 | 89.1 | 110.2 | 119.6 | 129.9 | 84.7 | 98.5 | 108.6 | 30.4 | 11.3 | 1.9 | 2.0 | 2.1 | 2.1 | 2.2 | 0.2 |
| Non-Current Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 | 3.4 | 3.5 | 3.0 | 2.6 | 2.8 | 2.8 | 3.1 | 3.3 | 3.5 | 3.7 | 3.8 | 3.8 | 3.6 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.5 | 0.4 | 0.4 | 160.0 | 160.0 | 160.0 | 160.0 | 160.0 | 0 |
| Other Non-Current Assets | 1.2 | 1.3 | 1.2 | 1.3 | 1.3 | 1.3 | 1.0 | 1.3 | 0.8 | 0.9 | 0.8 | 0.6 | 0.5 | 0.4 | 4.7 | 3.5 | 2.2 | 1.0 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0.2 |
| Total Non-Current Assets | 4.5 | 4.4 | 6.9 | 7.0 | 6.9 | 7.1 | 7.0 | 6.8 | 5.9 | 6.2 | 6.1 | 6.2 | 6.3 | 6.4 | 10.9 | 9.8 | 8.5 | 4.9 | 2.2 | 160.0 | 160.0 | 160.0 | 160.0 | 160.0 | 0.2 |
| Total Assets | 115.7 | 100.7 | 114.9 | 104.8 | 42.8 | 59.1 | 76.2 | 75.3 | 72.4 | 82.6 | 95.2 | 116.4 | 125.9 | 136.3 | 95.6 | 108.3 | 117.1 | 35.4 | 13.5 | 161.9 | 162.0 | 162.1 | 162.2 | 162.2 | 0.3 |
| Current Liabilities | |||||||||||||||||||||||||
| Account Payables | 6.1 | 6.3 | 6.1 | 8.5 | 5.3 | 5.6 | 5.1 | 4.7 | 6.3 | 3.4 | 2.9 | 3.1 | 3.0 | 2.8 | 4.0 | 7.7 | 3.8 | 2.2 | 2.0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0.8 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.6 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0.3 |
| Deferred Revenue | 0 | 0 | 0 | 4.6 | 4.5 | 3.9 | 4.4 | 4.1 | 3.7 | 3.1 | 2.5 | 3.7 | 4.3 | 5.3 | 6.4 | 0 | 5.0 | 0 | 5.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 5.4 | 5.7 | 1.8 | 2.0 | 1.0 | 2.6 | 2.6 | 2.5 | 1.0 | 2.7 | 1.7 | 1.9 | 2.3 | 4.6 | 7.0 | 9.0 | 6.6 | 2.0 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 |
| Total Current Liabilities | 13.5 | 13.7 | 16.7 | 20.7 | 17.1 | 15.5 | 16.2 | 16.2 | 14.5 | 10.4 | 11.2 | 21.5 | 11.9 | 12.1 | 18.6 | 20.1 | 19.7 | 13.0 | 12.2 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.3 |
| Non-Current Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | 20.4 | 32.1 | 30.8 | 14.2 | 14.4 | 14.3 | 14.3 | 0 | 0 | 0 | 0 | 0 | 9.6 | 9.5 | 9.5 | 9.5 | 9.4 | 3.7 | 3.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (14.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 51.8 | 3.2 | 3.1 | 16.4 | 0.2 | 0.1 | 0.0 | 0 | 0 | 0 | 14.9 | 0.3 | 0.2 | 0.2 | 0.2 | 15.5 | 165.9 | 16.5 | 52.0 | 5.6 | 5.6 | 5.6 | 5.6 | 5.6 | 0 |
| Total Non-Current Liabilities | 72.8 | 36.0 | 34.7 | 40.4 | 25.5 | 26.7 | 27.0 | 12.9 | 13.8 | 15.0 | 16.0 | 15.2 | 24.6 | 24.5 | 24.5 | 26.8 | 193.9 | 22.3 | 72.5 | 5.6 | 5.6 | 5.6 | 5.6 | 5.6 | 0 |
| Total Liabilities | 86.3 | 49.7 | 51.5 | 61.1 | 42.5 | 42.2 | 43.2 | 29.1 | 28.3 | 25.4 | 27.2 | 36.7 | 36.4 | 36.5 | 43.0 | 46.9 | 213.6 | 35.3 | 84.8 | 5.7 | 5.8 | 5.8 | 5.7 | 5.7 | 0.3 |
| Stockholders' Equity | |||||||||||||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 160.0 | 160.0 | 151.2 | 151.3 | 160.0 | 151.5 | 0.0 |
| Retained Earnings | (407.0) | (383.3) | (362.6) | (368.8) | (348.0) | (328.6) | (309.9) | (293.7) | (278.3) | (262.3) | (248.9) | (236.0) | (222.7) | (210.7) | (199.7) | (190.0) | (179.7) | (171.9) | (166.1) | (3.9) | (0.4) | (0.3) | (3.6) | (0.1) | (0.0) |
| Accumulated Other Comprehensive Income | (0.1) | (0.0) | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.0) | (0.0) | 0 | 0 | 0 | (211.5) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 29.4 | 51.0 | 63.4 | 43.7 | 0.3 | 16.9 | 33.0 | 46.2 | 44.1 | 57.2 | 68.0 | 79.7 | 89.4 | 99.8 | 52.5 | 61.4 | (96.4) | 0.1 | (71.2) | 156.1 | 156.2 | 156.3 | 156.4 | 156.5 | 0.0 |
| Total Liabilities & Equity | 115.7 | 100.7 | 114.9 | 104.8 | 42.8 | 59.1 | 76.2 | 75.3 | 72.4 | 82.6 | 95.2 | 116.4 | 125.9 | 136.3 | 95.6 | 108.3 | 117.1 | 35.4 | 13.5 | 161.9 | 162.0 | 162.1 | 162.2 | 162.2 | 0.3 |
| Debt Metrics | |||||||||||||||||||||||||
| Total Debt | 21.8 | 33.6 | 32.4 | 16.0 | 16.4 | 16.4 | 16.5 | 1.8 | 1.5 | 1.6 | 1.7 | 11.5 | 11.6 | 11.7 | 11.9 | 12.0 | 12.1 | 7.4 | 5.7 | 0 | 0 | 0 | 0 | 0 | 0.3 |
| Net Debt | 1.3 | 5.3 | (2.3) | (26.0) | (2.4) | (1.9) | (5.7) | (23.8) | (22.3) | (21.7) | (28.9) | (7.6) | (4.8) | (7.0) | (7.9) | (85.0) | (94.8) | (21.9) | (4.3) | (1.8) | (1.9) | (2.0) | (2.0) | (2.0) | 0.1 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | (23.8) | (20.7) | 6.2 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.9) | (9.8) | (10.3) | (7.8) | (5.7) | (8.1) | (5.3) | (6.2) | (3.5) | (0.1) |
| Depreciation & Amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0 |
| Stock-Based Compensation | 2.5 | 2.9 | 2.8 | 3.0 | 3.2 | 3.0 | 2.9 | 2.4 | 2.8 | 2.6 | 0.9 | 3.5 | 1.7 | 1.5 | 0.9 | 2.2 | 0.3 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0 |
| Change in Working Capital | 0.1 | (3.7) | (12.3) | 2.5 | 0.4 | (1.0) | (1.4) | (1.2) | 3.1 | (1.8) | (0.1) | 0.6 | 0.6 | (4.4) | 0.1 | 0.3 | (0.6) | (0.3) | 0.1 | (0.1) | (0.1) | 0.2 | (0.2) |
| Other Non-Cash Items | 1.7 | (0.8) | 0.9 | 0.6 | 0.1 | 0.1 | 1.0 | 0.5 | (0.1) | (0.5) | 2.1 | (1.2) | (0.8) | (0.6) | (0.0) | 0.5 | 0.0 | 0.2 | 3.2 | 0.3 | 1.6 | (2.3) | (0.0) |
| Operating Cash Flow | (19.3) | (22.2) | (2.3) | (14.6) | (15.5) | (16.6) | (13.5) | (13.7) | (10.2) | (13.1) | (11.0) | (10.3) | (10.5) | (14.4) | (8.7) | (7.3) | (9.1) | (5.3) | (4.6) | (4.8) | (4.4) | (5.6) | (0.2) |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (0.3) | (0.2) | (0.0) | (0.3) | (0.0) | (0.1) | (0.1) | (0.1) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.1) | (0.2) | (0.3) | (0.0) | (0.1) | (0.1) | 0.0 | (0.1) | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | (0.6) | 0 | 0 | 0 | (33.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (43) | (13.1) | (25.6) | (47.8) | 0 | (2.9) | (20.3) | (10.0) | (18.7) | (23.7) | (4.0) | (38.5) | (56.1) | (43.5) | (63.3) | 0 | (0.2) | 0 | 0 | 0 | 0 | 0 | (160) |
| Sales/Maturities of Investments | 19.9 | 23.6 | 8.0 | 9.5 | 16.4 | 16.0 | 17.2 | 10.6 | 29.2 | 29.6 | 37.1 | 51.5 | 64.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | 6.3 | 6.3 | 0.8 | 0 |
| Investing Cash Flow | (23.3) | 10.3 | (17.7) | (38.6) | 16.4 | 13.0 | (3.8) | 0.6 | 10.4 | 5.9 | 33.2 | 12.9 | 8.1 | (43.5) | (63.4) | (0.2) | (0.5) | (0.0) | (0.3) | 6.3 | 6.3 | 0.7 | (160) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 20 | 0 | (1.0) | 18.9 | 0 | 0 | 15 | 0 | 0 | 0 | (10.8) | 0 | 0 | 0 | 0 | 0 | 4.6 | (1) | (1) | (1) | (1) | (1) | (0.3) |
| Stock Repurchased | (0.6) | 0 | 0 | 0 | (0.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 15.4 | (0.4) | (0.5) | (0.3) | 0 | (0.4) | (1.1) | 0 | 0 | 0 | 0 | 0 | 0.1 | 56.8 | (5.1) | (2.5) | 82.6 | (1.5) | 0.0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 34.7 | 5.5 | 12.7 | 76.4 | (0.4) | (0.3) | 13.9 | 15.0 | 0.2 | 0.0 | (10.7) | 0.0 | 0.1 | 56.8 | (5.1) | (2.5) | 87.2 | 24.8 | (1.0) | (1) | (1) | (1) | 162.1 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (7.9) | (6.3) | (7.3) | 23.3 | 0.4 | (3.9) | (3.3) | 1.9 | 0.4 | (7.2) | 11.5 | 2.7 | (2.3) | (1.1) | 19.0 | (10.0) | (0.1) | 19.4 | (5.9) | 0.4 | 0.9 | (5.8) | 1.8 |
| Cash at Beginning | 28.4 | 34.7 | 42.0 | 18.7 | 18.3 | 22.3 | 25.6 | 23.7 | 23.3 | 30.6 | 19.1 | 16.4 | 18.7 | 19.8 | 0.7 | 107.0 | 1.4 | 9.9 | 15.9 | 15.4 | 14.5 | 20.3 | 0.2 |
| Cash at End | 20.5 | 28.4 | 34.7 | 42.0 | 18.7 | 18.3 | 22.3 | 25.6 | 23.7 | 23.3 | 30.6 | 19.1 | 16.4 | 18.7 | 19.8 | 97.0 | 1.3 | 29.3 | 9.9 | 15.9 | 15.4 | 14.5 | 2.0 |
| Free Cash Flow | (19.6) | (22.4) | (2.3) | (14.9) | (15.6) | (16.7) | (13.6) | (13.8) | (10.3) | (13.1) | (11.0) | (10.3) | (10.5) | (14.4) | (8.8) | (7.5) | (9.4) | (5.4) | (4.7) | (4.9) | (4.4) | (5.7) | (0.2) |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||
| Revenue | 0.1 | 0.1 | 30.9 | 0.9 | 0.8 | 0.9 | 0.3 | 1.0 | 0.8 | 0.6 | 0.3 | 0.4 | 0.9 | 1.2 | 1.1 | 1.2 | 0.4 | 0.9 | (2.5) | 1.3 | (1.0) | 1.3 | 0 | 0 | 0 |
| Gross Profit | 0.1 | 0.0 | 30.9 | 0.8 | 0.8 | 0.8 | 0.2 | 0.9 | 0.7 | 0.5 | 0.2 | 0.4 | 0.9 | 1.1 | 1.1 | 1.1 | 0.3 | 0.8 | (2.5) | 1.3 | (1.0) | 1.3 | 0 | 0 | 0 |
| Operating Income | (22.4) | (22.1) | 6.8 | (20.3) | (19.3) | (18.9) | (16.7) | (16.3) | (16.9) | (14.4) | (12.5) | (14.5) | (13.0) | (11.5) | (9.8) | (10.1) | (7.6) | (5.1) | (7.9) | (4.4) | (5.6) | (3.9) | (0.1) | (0.1) | (0.0) |
| Net Income | (23.8) | (20.7) | 6.2 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.9) | (9.8) | (10.3) | (7.8) | (5.7) | (8.1) | (5.3) | (6.2) | (3.5) | (0.1) | (0.1) | (0.0) |
| EPS (Diluted) | -0.38 | -0.33 | 0.12 | -0.40 | -0.50 | -0.49 | -0.42 | -0.41 | -0.45 | -0.38 | -0.36 | -0.38 | -0.35 | -0.40 | -0.42 | -0.44 | -0.25 | -0.01 | -0.39 | -0.26 | -0.30 | -0.17 | -0.00 | -0.00 | – |
| Balance Sheet | |||||||||||||||||||||||||
| Cash & Equivalents | 20.5 | 28.4 | 34.7 | 42.0 | 18.7 | 18.3 | 22.3 | 25.6 | 23.7 | 23.3 | 30.6 | 19.1 | 16.4 | 18.7 | 19.8 | 97.0 | 107.0 | 29.3 | 9.9 | 1.8 | 1.9 | 2.0 | 2.0 | 2.0 | 0.2 |
| Total Assets | 115.7 | 100.7 | 114.9 | 104.8 | 42.8 | 59.1 | 76.2 | 75.3 | 72.4 | 82.6 | 95.2 | 116.4 | 125.9 | 136.3 | 95.6 | 108.3 | 117.1 | 35.4 | 13.5 | 161.9 | 162.0 | 162.1 | 162.2 | 162.2 | 0.3 |
| Total Debt | 21.8 | 33.6 | 32.4 | 16.0 | 16.4 | 16.4 | 16.5 | 1.8 | 1.5 | 1.6 | 1.7 | 11.5 | 11.6 | 11.7 | 11.9 | 12.0 | 12.1 | 7.4 | 5.7 | 0 | 0 | 0 | 0 | 0 | 0.3 |
| Stockholders' Equity | 29.4 | 51.0 | 63.4 | 43.7 | 0.3 | 16.9 | 33.0 | 46.2 | 44.1 | 57.2 | 68.0 | 79.7 | 89.4 | 99.8 | 52.5 | 61.4 | (96.4) | 0.1 | (71.2) | 156.1 | 156.2 | 156.3 | 156.4 | 156.5 | 0.0 |
| Cash Flow | |||||||||||||||||||||||||
| Operating Cash Flow | (19.3) | (22.2) | (2.3) | (14.6) | (15.5) | (16.6) | (13.5) | (13.7) | (10.2) | (13.1) | (11.0) | (10.3) | (10.5) | (14.4) | (8.7) | (7.3) | (9.1) | (5.3) | (4.6) | (4.8) | (4.4) | (5.6) | (0.2) | ||
| Capital Expenditure | (0.3) | (0.2) | (0.0) | (0.3) | (0.0) | (0.1) | (0.1) | (0.1) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.1) | (0.2) | (0.3) | (0.0) | (0.1) | (0.1) | 0.0 | (0.1) | 0 | ||
| Free Cash Flow | (19.6) | (22.4) | (2.3) | (14.9) | (15.6) | (16.7) | (13.6) | (13.8) | (10.3) | (13.1) | (11.0) | (10.3) | (10.5) | (14.4) | (8.8) | (7.5) | (9.4) | (5.4) | (4.7) | (4.9) | (4.4) | (5.7) | (0.2) | ||