Kardigan Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Selling, General & Admin	63.57	47.95	8.73
Research & Development	203.27	153.85	59.5
Operating Expenses	266.84	201.8	68.23
Operating Income	-266.84	-201.8	-68.23
Interest & Investment Income	10.51	6.85	0.91
Other Non Operating Income (Expenses)	-47.06	-6.7	4.73
EBT Excluding Unusual Items	-303.4	-201.65	-62.58
Merger & Restructuring Charges	13.5	-0.8	-
Other Unusual Items	0.77	6	-
Pretax Income	-289.13	-196.45	-62.58
Income Tax Expense	-0.35	-4.51	-
Net Income	-288.78	-191.94	-62.58
Net Income to Common	-288.78	-191.94	-62.58
Net Income Growth	-	-	-
Shares Outstanding (Basic)	17	13	10
Shares Outstanding (Diluted)	17	13	10
Shares Change	-	28.27%	-
EPS (Basic)	-17.13	-14.84	-6.20
EPS (Diluted)	-17.13	-14.84	-6.20
EPS Growth	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Free Cash Flow	-210.21	-156.13	-14.56
Free Cash Flow Per Share	-12.47	-12.07	-1.44
EBITDA	-265.68	-200.63	-68.22
D&A For EBITDA	1.17	1.17	0.01
EBIT	-266.84	-201.8	-68.23

SEC Filings: 10-K · 10-Q