GLMD: financial statements from SEC

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Research and development	5M	3M	4M	13M
Selling, general and administrative	4M	3M	4M	5M
Operating expenses	9M	6M	7M	18M
Net income	−10M	−8M	−7M	−18M
Earnings per share	2.39	8.08	30.00	127.80
Earnings per share, diluted	2.39	8.08	30.00	127.80
Weighted average shares	4M	930,822	230,795	139,682
Weighted average shares, diluted	4M	930,822	230,795	139,682

Metric	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Cash and equivalents	—	4M	5M	3M	—	—
Short-term investments	—	7M	7M	8M	—	—
Current assets	—	19M	16M	13M	—	—
Property, plant and equipment	—	—	—	83,000	—	—
Total assets	—	19M	19M	17M	—	—
Current liabilities	—	3M	2M	3M	—	—
Equity	—	16M	16M	14M	13M	30M
Shares outstanding	—	7M	2M	573,741	—	—
Shares issued	—	7M	2M	573,741	—	—

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	−6M	−6M	−6M	−19M
Depreciation and amortisation	—	83,000	31,000	35,000
Share-based compensation	546,000	531,000	892,000	1M
Capital expenditure	—	—	—	4,000
Investing cash flow	−3M	−1M	800,000	18M
Financing cash flow	9M	9M	6M	70,000