SPRY - ARS Pharmaceuticals, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$20.00
DETAILS
HIGH:
$25.00
LOW:
$15.00
MEDIAN:
$20.00
CONSENSUS:
$20.00
UPSIDE:
276.22%
| 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 Q2 | 2020 Q1 | 2019 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||
| Revenue | 33.7 | 22.7 | 28.1 | 32.5 | 15.7 | 8.0 | 86.6 | 2.1 | 0.5 | 0 | 0 | 0 | 0.0 | 0.0 | 0 | 0.2 | 0.5 | 0.7 | 0.8 | 0.5 | 2.1 | 2.1 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 12.8 | 6.3 | 3.2 | 8.2 | 5.0 | 4.0 | 3.9 | 0.1 | 6.9 | 5.2 | 3.4 | 3.0 | 7.2 | 6.5 | 3.6 | 3.8 | 4.3 | 5.4 | 3.9 | 5.1 | 5.6 | 5.6 | 0.5 | 0.4 | 0.4 | 0.4 |
| Gross Profit | 20.8 | 16.4 | 24.9 | 24.3 | 10.7 | 3.9 | 82.7 | 2.0 | (6.4) | (5.2) | (3.4) | (3.0) | (7.2) | (6.4) | (3.6) | (3.6) | (3.9) | (4.8) | (3.2) | (4.6) | (3.5) | (3.5) | (0.5) | (0.4) | (0.4) | (0.4) |
| Operating Expenses | ||||||||||||||||||||||||||
| R&D Expenses | 4.7 | 4.3 | 3.4 | 2.8 | 4.0 | 3.0 | 3.0 | 4.4 | 6.9 | 5.2 | 3.4 | 3.0 | 7.3 | 6.6 | 4.7 | 3.9 | 4.3 | 5.4 | 3.9 | 5.1 | 5.6 | 5.6 | 8.6 | 5.0 | 4.3 | 6.3 |
| SG&A Expenses | 77.6 | 72.2 | 60.0 | 74.8 | 54.3 | 0 | 0 | 19.3 | 8.9 | 0 | 0 | 0 | 13.4 | 12.3 | 10.8 | 3.0 | 2.5 | 2.3 | 1.8 | 1.0 | 0.9 | 0.9 | 4.0 | 1.1 | 0.6 | 0.3 |
| Other Expenses | 0 | 0 | 3.0 | 0 | 0 | 38.2 | 32.5 | 0 | (6.9) | 2.7 | 3.4 | 12.0 | (7.3) | (6.6) | (3.7) | (3.9) | (4.3) | (5.4) | (3.9) | (5.1) | (5.6) | (5.6) | 0 | 0 | 0 | 0 |
| Operating Expenses | 82.3 | 76.5 | 66.3 | 77.5 | 58.3 | 41.1 | 35.5 | 23.7 | 8.9 | 8.0 | 6.8 | 15.0 | 13.4 | 12.3 | 11.9 | 3.0 | 2.5 | 2.3 | 1.8 | 1.0 | 0.9 | 0.9 | 12.6 | 6.1 | 4.8 | 6.5 |
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | (61.5) | (60.1) | (41.5) | (53.2) | (47.6) | (37.2) | 47.2 | (21.7) | (15.3) | (13.2) | (10.2) | (18.0) | (20.6) | (18.7) | (15.4) | (6.6) | (6.3) | (7.1) | (5.0) | (5.6) | (4.4) | (4.4) | (13.1) | (6.5) | (5.2) | (6.9) |
| Interest Expense | 2.5 | 2.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | 0 | – | – | 0 | 0 | 0 | – | 0.0 | 0.0 | 0.0 |
| Interest Income | 1.6 | 2.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | 0 | – | 0.0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||
| EBITDA | (59.4) | (57.8) | (41.0) | (48.8) | (44.6) | (33.7) | 50.3 | (19.1) | (12.5) | (10.3) | (7.2) | (14.8) | (17.4) | (14.9) | (14.2) | (6.6) | (6.4) | (7.2) | (4.9) | (5.8) | (4.6) | (4.4) | (12.6) | (6.1) | (4.8) | (6.5) |
| EBIT | (59.9) | (58.2) | (41.4) | (51.2) | (44.9) | (33.9) | 50.2 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | (6.4) | (7.2) | (5.1) | (5.8) | (4.6) | (4.4) | (13.1) | (6.5) | (5.2) | (6.9) |
| Income Before Tax | (62.3) | (60.6) | (41.4) | (51.2) | (44.9) | (33.9) | 50.2 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | (6.4) | (7.2) | (5.1) | (5.8) | (4.6) | (4.6) | (13.1) | (6.5) | (5.3) | (7.0) |
| Income Tax Expense | 0 | 0 | (0.1) | 0 | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (62.3) | (60.6) | (41.3) | (51.2) | (44.9) | (33.9) | 49.9 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | (6.4) | (7.2) | (5.1) | (5.8) | (4.6) | (4.6) | (13.1) | (6.5) | (5.3) | (7.0) |
| Per Share Data | ||||||||||||||||||||||||||
| EPS (Basic) | -0.63 | -0.61 | -0.42 | -0.52 | -0.46 | -0.35 | 0.51 | -0.20 | -0.13 | -0.11 | -0.07 | -0.16 | -0.18 | -0.16 | -0.15 | -0.07 | -0.07 | -0.08 | -0.15 | -0.17 | -0.13 | -0.13 | -0.38 | -0.19 | -0.16 | -0.21 |
| EPS (Diluted) | -0.63 | -0.61 | -0.42 | -0.52 | -0.46 | -0.35 | 0.51 | -0.20 | -0.13 | -0.11 | -0.07 | -0.16 | -0.18 | -0.16 | -0.15 | -0.07 | -0.07 | -0.08 | -0.15 | -0.17 | -0.13 | -0.13 | -0.38 | -0.19 | -0.16 | -0.21 |
| Shares Outstanding | 99.3 | 99.3 | 98.6 | 98.8 | 98.4 | 98.1 | 98.0 | 97.0 | 96.8 | 96.5 | 96.1 | 95.6 | 94.9 | 94.2 | 94.0 | 93.8 | 93.8 | 93.8 | 35.0 | 35.0 | 34.9 | 34.8 | 34.7 | 34.8 | 33.1 | 33.1 |
| 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 Q4 | 2019 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 8.2 | 24.3 | 41.3 | 59.6 | 51.5 | 39.9 | 50.8 | 39.7 | 36.6 | 56.0 | 71.0 | 60.5 | 119.0 | 87.9 | 210.5 | 37.3 | 44.6 | 234.0 | 60.1 | 300.7 | 359.7 | 374.2 | 386.6 | 10.0 |
| Short-Term Investments | 135.7 | 176.6 | 203.7 | 228.7 | 188.6 | 235.9 | 263.2 | 165.0 | 182.1 | 167.6 | 157.4 | 181.4 | 133.2 | 176.7 | 63.9 | 0 | 0 | 19.9 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 46.8 | 29.5 | 26.3 | 37.7 | 26.1 | 10.3 | 9.2 | 1.2 | 0.5 | 0.6 | 0.8 | 0.8 | 1.0 | 0.5 | 0 | 0 | 0.0 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 11.7 | 8.8 | 8.4 | 7.8 | 8.7 | 7.3 | 5.2 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 6.0 | 5.2 | 1.3 | 2.0 | 1.0 | 1.2 | 0.6 | 0.3 | 0.3 | 0 | 0 | 0 | 0 | 1.0 | 1.2 | 0 | 7.5 | 0 | 4.7 | 3.3 | 4.1 | 4.1 | 0.6 |
| Total Current Assets | 211.5 | 245.2 | 284.9 | 338.9 | 281.4 | 303.9 | 334.3 | 208.8 | 220.7 | 226.2 | 231.6 | 244.5 | 255.0 | 267.4 | 277.7 | 39.1 | 45.4 | 261.3 | 60.7 | 305.4 | 363.0 | 378.3 | 390.7 | 10.5 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 2.1 | 2.3 | 2.5 | 2.6 | 2.6 | 1.1 | 1.1 | 0.9 | 0.8 | 0.8 | 0.8 | 0.9 | 0.9 | 1.0 | 0.8 | 0.6 | 0.6 | 6.9 | 0.7 | 6.9 | 3.6 | 3.5 | 3.8 | 4.6 |
| 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 |
| Intangible Assets | 13.9 | 14.2 | 14.5 | 14.7 | 13.2 | 7.5 | 7.7 | 7.9 | 0.4 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44.2 | 0 | 40.3 | 0.3 | 0.3 | 0.3 | 0.6 |
| Other Non-Current Assets | 22 | 25.9 | 25.8 | 16.6 | 16.2 | 14.8 | 8.1 | 0 | 0 | 0 | 0.8 | 3.2 | 2.8 | 2.9 | 3.0 | 0.0 | 0.0 | 0 | 0.0 | (0.0) | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 38.0 | 42.3 | 42.8 | 33.9 | 32.0 | 23.5 | 16.9 | 8.8 | 1.2 | 1.3 | 1.6 | 4.1 | 3.7 | 3.8 | 3.7 | 0.6 | 0.7 | 51.1 | 0.7 | 47.2 | 3.9 | 3.9 | 4.1 | 5.1 |
| Total Assets | 249.5 | 287.6 | 327.7 | 372.8 | 313.5 | 327.3 | 351.2 | 217.6 | 222.0 | 227.6 | 233.2 | 248.6 | 258.8 | 271.2 | 281.4 | 39.7 | 46.0 | 312.5 | 61.4 | 352.6 | 367.0 | 382.2 | 394.8 | 15.6 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 59.7 | 4.7 | 5.7 | 8.4 | 15.6 | 4.1 | 9.9 | 8.3 | 3.3 | 0.8 | 0.8 | 3.0 | 1.5 | 2.6 | 1.7 | 2.5 | 1.9 | 2.6 | 1.8 | 1.7 | 1.8 | 4.4 | 2.6 | 3.5 |
| Short-Term Debt | 0 | 0 | 0 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.2 | 0 | 0.2 | 0 | 3.5 | 3.5 | 1.1 | 3.5 | 1.1 | 1.0 | 1.4 | 1.7 | 12.3 |
| Deferred Revenue | 0.5 | 0.8 | 0.6 | 0 | 0.7 | 0.5 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0.3 | 0 | 1.5 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0.6 | 0.6 | 0.6 | 41.9 | 4.3 | 4.7 | 2.3 | 2.6 | 1.5 | 1.1 | 1.1 | 5.8 | 0.3 | 5.8 | 1.5 | 0.8 | 0.5 | 9.0 | 0.7 | 9.3 | 10.6 | 4.1 | 5.3 | 2.1 |
| Total Current Liabilities | 60.9 | 49.6 | 39.1 | 50.9 | 45.6 | 27.6 | 23.4 | 16.6 | 6.7 | 3.7 | 2.4 | 11.2 | 10.1 | 9.8 | 5.4 | 8.3 | 7.5 | 14.8 | 8.2 | 15.3 | 15.5 | 11.6 | 9.6 | 17.9 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 171.6 | 96.5 | 96.4 | 0.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.3 | 3.2 | 0 | 4.9 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.4 | 79.2 | 76.7 | 173.3 | 73.4 | 69.4 | 69.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.9 | 2.9 | 76.1 | 0 | 76.1 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 176.1 | 176.7 | 174.2 | 174.3 | 75.6 | 70.7 | 70.9 | 0 | 0 | 0 | 0.0 | 0.1 | 0.1 | 0.2 | 3.1 | 5.5 | 82.6 | 4.4 | 84.5 | 5.1 | 1.8 | 2.1 | 2.3 | 3.3 |
| Total Liabilities | 237.0 | 226.3 | 213.4 | 225.1 | 121.2 | 98.3 | 94.4 | 16.6 | 6.7 | 3.7 | 2.4 | 11.3 | 10.2 | 10.0 | 8.5 | 13.8 | 90.1 | 19.2 | 92.7 | 20.4 | 17.3 | 13.7 | 11.9 | 21.2 |
| 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 | 0.3 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
| Retained Earnings | (417.6) | (355.2) | (294.6) | (253.3) | (202.1) | (157.2) | (123.3) | (173.2) | (154.1) | (141.6) | (131.3) | (124.1) | (109.3) | (91.9) | (76.9) | (62.5) | (55.9) | (210.8) | (42.3) | (162.8) | (140.1) | (115.6) | (96.7) | (63.8) |
| Accumulated Other Comprehensive Income | (0.1) | (0.1) | 0.1 | (0.0) | (0.0) | 0.1 | 0.2 | 0.3 | (0.1) | (0.1) | 0.0 | (0.2) | (0.2) | 0.1 | 0.4 | 0 | 0 | (1.2) | 0 | (0.0) | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 12.5 | 61.3 | 114.3 | 147.7 | 192.3 | 229.0 | 256.8 | 201.0 | 215.2 | 223.9 | 230.8 | 237.3 | 248.6 | 261.2 | 272.9 | 25.9 | (44.0) | 293.2 | (31.3) | 332.1 | 349.6 | 368.5 | 382.9 | (5.6) |
| Total Liabilities & Equity | 249.5 | 287.6 | 327.7 | 372.8 | 313.5 | 327.3 | 351.2 | 217.6 | 222.0 | 227.6 | 233.2 | 248.6 | 258.8 | 271.2 | 281.4 | 39.7 | 46.0 | 312.5 | 61.4 | 352.6 | 367.0 | 382.2 | 394.8 | 15.6 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 171.6 | 96.5 | 96.4 | 1.5 | 1.7 | 0.1 | 0.0 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 6.3 | 7.3 | 5.6 | 9.0 | 6.2 | 2.7 | 3.5 | 4.1 | 15.6 |
| Net Debt | 163.4 | 72.2 | 55.1 | (58.0) | (49.9) | (39.8) | (50.8) | (39.6) | (36.5) | (55.8) | (70.7) | (60.2) | (118.6) | (87.4) | (210.0) | (31.0) | (37.3) | (228.4) | (51.0) | (294.5) | (357.0) | (370.7) | (382.5) | 5.6 |
| 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 Q2 | 2020 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||
| Net Income | (62.3) | (60.6) | (41.3) | (51.2) | (44.9) | (33.9) | 49.9 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | (6.4) | (7.2) | (23.5) | (22.7) | (24.5) | (18.9) | (6.5) | (5.3) |
| Depreciation & Amortization | 0.4 | 0.4 | (1.5) | 2.4 | 0.3 | (1.7) | (1.5) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.1 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 |
| Stock-Based Compensation | 12.4 | 7.4 | 5.7 | 5.7 | 5.4 | 5.3 | 4.3 | 3.6 | 3.4 | 3.3 | 2.3 | 2.6 | 0 | 0 | 4.8 | 0.5 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (12.8) | 8.6 | (7.5) | (1.1) | (1.1) | (10.4) | (10.7) | (1.5) | 3.8 | 2.2 | (10.8) | 1.0 | 0.3 | 2.1 | (0.8) | (0.3) | (1.0) | 0.0 | (3.4) | (2.0) | 5.1 | 1.9 | 0.5 | (2.8) |
| Other Non-Cash Items | 1.4 | (0.7) | 1.1 | (2.9) | 0.7 | 0 | 0 | 2.5 | (1.9) | (2.0) | 9.4 | (1.6) | 0.3 | 0.4 | (10.1) | 0.7 | (0.1) | (0.0) | 5.2 | 5.0 | 4.7 | 4.3 | 0.1 | 0.1 |
| Operating Cash Flow | (60.9) | (44.9) | (43.5) | (47.0) | (39.6) | (40.7) | 42.0 | (14.5) | (7.3) | (6.7) | (17.4) | (12.8) | (16.7) | (12.4) | (20.5) | (5.7) | (7.0) | (6.9) | (21.3) | (19.1) | (14.1) | (12.2) | (5.4) | (7.6) |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditure | 0 | 0 | 0 | (0.2) | (0.1) | (0.1) | (0.3) | (0.1) | (0.0) | (0.1) | 0.1 | (0.0) | (0.0) | (0.2) | (0.1) | (0.0) | (0.0) | (0.0) | (0.6) | (0.1) | (0.7) | (0.0) | (0.0) | (0.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (25.9) | 46.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (19.9) | (14.7) | (48.9) | (127.4) | (31.4) | (34.3) | (163.5) | (41.5) | (87.6) | (63.4) | (34.1) | (106.6) | 0 | (131.4) | 0 | 0 | 0 | 0 | (25.1) | (40.0) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 61.5 | 42.5 | 75 | 88.5 | 80 | 63.5 | 67 | 61 | 75 | 55 | 60 | 60 | 45 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | (2) | (5.9) | 0 | 0 | (5) | (2.5) | 0 | 0 | 25.9 | (46.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | 41.6 | 27.8 | 24.1 | (45.0) | 48.6 | 29.1 | (101.8) | 16.8 | (12.6) | (8.5) | 26.0 | (46.6) | 45.0 | (111.5) | (0.1) | (0.0) | (0.0) | (0.0) | (25.7) | (40.1) | (0.7) | (0.0) | (0.0) | (0.0) |
| Financing Activities | ||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | (0.7) | 97.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (6.0) | (0.9) | (0.9) | (0.9) | 0 | 0 | (0.5) | (0.3) | (0.1) | (0.3) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Other Financing Activities | 2.4 | 0.1 | 0.1 | 2.6 | 0 | 0 | 69.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 199.8 | (0.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 3.2 | 0.2 | 1.1 | 100.0 | 2.7 | 0.7 | 70.9 | 0.7 | 0.5 | 0.3 | 1.8 | 0.9 | 2.9 | 1.3 | 193.8 | (1.6) | (0.6) | (0.9) | 0.3 | 0.1 | 0.3 | (0.1) | 11.9 | 21.3 |
| Cash Position | ||||||||||||||||||||||||
| Net Change in Cash | (16.2) | (17.0) | (18.2) | 8.0 | 11.7 | (11.0) | 11.2 | 3.0 | (19.4) | (15.0) | 10.4 | (58.5) | 31.2 | (122.7) | 173.2 | (7.3) | (15.3) | (7.9) | (46.6) | (59.0) | (14.5) | (12.4) | 0 | (10.0) |
| Cash at Beginning | 24.3 | 41.3 | 59.6 | 51.5 | 39.9 | 50.8 | 39.7 | 36.6 | 56.0 | 71.0 | 60.5 | 119.0 | 87.9 | 210.5 | 37.3 | 44.6 | 234.0 | 60.1 | 300.7 | 359.7 | 374.2 | 386.6 | 0 | 10.0 |
| Cash at End | 8.2 | 24.3 | 41.3 | 59.6 | 51.5 | 39.9 | 50.8 | 39.7 | 36.6 | 56.0 | 71.0 | 60.5 | 119.0 | 87.9 | 210.5 | 37.3 | 218.7 | 52.2 | 254.0 | 300.7 | 359.7 | 374.2 | 0 | 0 |
| Free Cash Flow | (60.9) | (44.9) | (43.5) | (47.2) | (39.6) | (40.8) | 41.7 | (14.6) | (7.3) | (6.8) | (17.3) | (12.8) | (16.7) | (12.6) | (20.6) | (5.7) | (7.0) | (6.9) | (21.9) | (19.2) | (14.8) | (12.2) | (5.4) | (7.7) |
| 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 Q2 | 2020 Q1 | 2019 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||
| Revenue | 33.7 | 22.7 | 28.1 | 32.5 | 15.7 | 8.0 | 86.6 | 2.1 | 0.5 | 0 | 0 | 0 | 0.0 | 0.0 | 0 | 0.2 | 0.5 | 0.7 | 0.8 | 0.5 | 2.1 | 2.1 | 0 | 0 | 0 | 0 |
| Gross Profit | 20.8 | 16.4 | 24.9 | 24.3 | 10.7 | 3.9 | 82.7 | 2.0 | (6.4) | (5.2) | (3.4) | (3.0) | (7.2) | (6.4) | (3.6) | (3.6) | (3.9) | (4.8) | (3.2) | (4.6) | (3.5) | (3.5) | (0.5) | (0.4) | (0.4) | (0.4) |
| Operating Income | (61.5) | (60.1) | (41.5) | (53.2) | (47.6) | (37.2) | 47.2 | (21.7) | (15.3) | (13.2) | (10.2) | (18.0) | (20.6) | (18.7) | (15.4) | (6.6) | (6.3) | (7.1) | (5.0) | (5.6) | (4.4) | (4.4) | (13.1) | (6.5) | (5.2) | (6.9) |
| Net Income | (62.3) | (60.6) | (41.3) | (51.2) | (44.9) | (33.9) | 49.9 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | (6.4) | (7.2) | (5.1) | (5.8) | (4.6) | (4.6) | (13.1) | (6.5) | (5.3) | (7.0) |
| EPS (Diluted) | -0.63 | -0.61 | -0.42 | -0.52 | -0.46 | -0.35 | 0.51 | -0.20 | -0.13 | -0.11 | -0.07 | -0.16 | -0.18 | -0.16 | -0.15 | -0.07 | -0.07 | -0.08 | -0.15 | -0.17 | -0.13 | -0.13 | -0.38 | -0.19 | -0.16 | -0.21 |
| Balance Sheet | ||||||||||||||||||||||||||
| Cash & Equivalents | 8.2 | 24.3 | 41.3 | 59.6 | 51.5 | 39.9 | 50.8 | 39.7 | 36.6 | 56.0 | 71.0 | 60.5 | 119.0 | 87.9 | 210.5 | 37.3 | 44.6 | 234.0 | 60.1 | 300.7 | 359.7 | 374.2 | 386.6 | 10.0 | ||
| Total Assets | 249.5 | 287.6 | 327.7 | 372.8 | 313.5 | 327.3 | 351.2 | 217.6 | 222.0 | 227.6 | 233.2 | 248.6 | 258.8 | 271.2 | 281.4 | 39.7 | 46.0 | 312.5 | 61.4 | 352.6 | 367.0 | 382.2 | 394.8 | 15.6 | ||
| Total Debt | 171.6 | 96.5 | 96.4 | 1.5 | 1.7 | 0.1 | 0.0 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 6.3 | 7.3 | 5.6 | 9.0 | 6.2 | 2.7 | 3.5 | 4.1 | 15.6 | ||
| Stockholders' Equity | 12.5 | 61.3 | 114.3 | 147.7 | 192.3 | 229.0 | 256.8 | 201.0 | 215.2 | 223.9 | 230.8 | 237.3 | 248.6 | 261.2 | 272.9 | 25.9 | (44.0) | 293.2 | (31.3) | 332.1 | 349.6 | 368.5 | 382.9 | (5.6) | ||
| Cash Flow | ||||||||||||||||||||||||||
| Operating Cash Flow | (60.9) | (44.9) | (43.5) | (47.0) | (39.6) | (40.7) | 42.0 | (14.5) | (7.3) | (6.7) | (17.4) | (12.8) | (16.7) | (12.4) | (20.5) | (5.7) | (7.0) | (6.9) | (21.3) | (19.1) | (14.1) | (12.2) | (5.4) | (7.6) | ||
| Capital Expenditure | 0 | 0 | 0 | (0.2) | (0.1) | (0.1) | (0.3) | (0.1) | (0.0) | (0.1) | 0.1 | (0.0) | (0.0) | (0.2) | (0.1) | (0.0) | (0.0) | (0.0) | (0.6) | (0.1) | (0.7) | (0.0) | (0.0) | (0.0) | ||
| Free Cash Flow | (60.9) | (44.9) | (43.5) | (47.2) | (39.6) | (40.8) | 41.7 | (14.6) | (7.3) | (6.8) | (17.3) | (12.8) | (16.7) | (12.6) | (20.6) | (5.7) | (7.0) | (6.9) | (21.9) | (19.2) | (14.8) | (12.2) | (5.4) | (7.7) | ||