CBUS: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	4m	4m
Research and development	44m	50m
Selling, general and administrative	27m	31m
Operating expenses	101m	263m
Operating income	−98m	−258m
Pre-tax income	−132m	−283m
Income tax	29,000	29,000
Net income	−127m	−251m
Earnings per share	−2.78	−10.83
Earnings per share, diluted	−2.78	−10.83
Weighted average shares	46m	23m
Weighted average shares, diluted	46m	23m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	30m	10m	24m	36m	24m	14m	29m	30m
Receivables	2m	503,000	604,000	953,000	950,000	1m	1m	1m
Current assets	33m	12m	26m	40m	26m	17m	32m	33m
Goodwill	233m	233m	233m	233m	233m	253m	253m	435m
Total assets	324m	305m	330m	346m	335m	350m	368m	553m
Current liabilities	14m	17m	21m	22m	21m	20m	22m	29m
Short-term debt	194,000	435,000	662,000	966,000	334,000	436,000	337,000	404,000
Long-term debt	73,000	93,000	116,000	140,000	180,000	226,000	291,000	365,000
Total liabilities	289m	283m	278m	272m	261m	252m	247m	246m
Equity	35m	22m	50m	74m	74m	92m	108m	270m
Shares outstanding	—	—	54m	54m	34m	30m	30m	26m
Shares issued	—	—	54m	54m	35m	30m	30m	27m
Treasury shares	225,891	193,195	81,133	58,527	50,540	45,177	45,177	45,177

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	−51m	−58m
Depreciation and amortisation	6m	7m
Share-based compensation	8m	11m
Capital expenditure	578,000	808,000
Investing cash flow	−578,000	−808,000
Financing cash flow	47m	41m