TNGX: financial statements from SEC

Income statement

Metric	31/12/2025	31/12/2024
Revenue	62M	42M
Research and development	132M	144M
Selling, general and administrative	42M	44M
Operating expenses	174M	188M
Operating income	−111M	−146M
Pre-tax income	−102M	−130M
Income tax	4,000	208,000
Net income	−102M	−130M
Earnings per share	−0.87	−1.19
Earnings per share, diluted	−0.87	−1.19
Weighted average shares	116M	109M
Weighted average shares, diluted	116M	109M

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	158M	112M	58M	39M	58M	70M	53M	52M
Short-term investments	222M	231M	94M	142M	158M	188M	240M	271M
Current assets	392M	354M	164M	190M	225M	266M	301M	328M
Property, plant and equipment	6M	7M	7M	8M	8M	8M	9M	9M
Total assets	436M	399M	210M	238M	274M	316M	352M	381M
Current liabilities	14M	22M	18M	40M	36M	38M	38M	44M
Total liabilities	44M	53M	50M	103M	108M	117M	123M	134M
Equity	392M	346M	160M	135M	167M	200M	229M	248M
Shares outstanding	144M	136M	112M	111M	108M	108M	107M	107M
Shares issued	144M	136M	112M	111M	108M	108M	107M	107M

Metric	31/12/2025	31/12/2024
Operating cash flow	−139M	−132M
Depreciation and amortisation	2M	2M
Share-based compensation	26M	29M
Capital expenditure	1M	754,000
Investing cash flow	−41M	86M
Financing cash flow	223M	48M