TYGO: financial statements from SEC

Income statement

Metric	31/12/2025	31/12/2024
Revenue	104M	54M
Cost of revenue	59M	58M
Gross profit	44M	−4M
Research and development	9M	10M
Selling, general and administrative	22M	21M
Operating expenses	49M	48M
Operating income	−4M	−52M
Pre-tax income	−1M	−63M
Income tax	603,000	103,000
Net income	−2M	−63M
Earnings per share	−0.03	−1.04
Earnings per share, diluted	−0.03	−1.04
Weighted average shares	65M	60M
Weighted average shares, diluted	65M	60M

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	12M	8M	24M	10M	9M	12M	9M	15M
Short-term investments	—	—	16M	18M	12M	8M	10M	5M
Receivables	14M	14M	16M	10M	10M	8M	9M	7M
Inventory	25M	31M	29M	19M	19M	22M	47M	51M
Current assets	55M	58M	88M	60M	52M	53M	79M	83M
Property, plant and equipment	3M	3M	3M	3M	3M	3M	3M	3M
Goodwill	12M	12M	12M	12M	12M	12M	12M	12M
Total assets	75M	78M	108M	81M	71M	73M	99M	103M
Current liabilities	22M	39M	85M	68M	58M	17M	20M	15M
Short-term debt	—	—	47M	45M	43M	—	—	—
Long-term debt	—	0	—	—	0	41M	38M	36M
Total liabilities	34M	50M	96M	79M	67M	65M	65M	59M
Equity	41M	28M	12M	2M	4M	8M	33M	45M
Shares outstanding	76M	70M	69M	63M	62M	61M	61M	60M
Shares issued	76M	70M	69M	63M	62M	61M	61M	60M

Metric	31/12/2025	31/12/2024
Operating cash flow	10M	−12M
Depreciation and amortisation	1M	1M
Share-based compensation	8M	8M
Capital expenditure	642,000	1M
Investing cash flow	23M	20M
Financing cash flow	−37M	−61,000