Fri, Apr 11, 7:01 PM (16 days ago)
**SolarWindow Technologies, Inc. (WNDW) Q2 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** No revenue reported for Q2 2025. - **Profit Margins:** Operating expenses increased by 33% in Q2 2025 compared to Q2 2024, with total operating expenses at $669,027,000. - **Cash Flow:** Net cash used in operating activities decreased by $340,000,000 due to a refund of an equipment deposit and lower insurance premiums, offset by higher outlays related to personnel, R&D, travel, and changes in working capital. - **Earnings Changes:** Net loss from continuing operations increased by $188,484,000 for Q2 2025 compared to Q2 2024, primarily due to higher costs related to R&D, personnel, professional fees, travel, and other G&A costs. **Quarterly Performance Discussion:** - **Operating Expenses:** Increased by 33% in Q2 2025 compared to Q2 2024, driven by higher professional and consulting fees, personnel costs, travel costs, and other G&A costs. - **Research and Development:** Costs increased by 31% in Q2 2025 compared to Q2 2024, primarily due to higher personnel and R&D supplies costs. - **Stock-Based Compensation:** Increased due to the grant of 1,250,000 options in April 2024. **Trends and Uncertainties:** - **Liquidity:** As of February 28, 2025, the company had $3,797,520,000 in cash and working capital of $3,573,448,000. The company believes it has sufficient cash to meet its funding requirements over the next twelve months. - **Future Operations Impact:** The company plans to expand financing and business development activities, which may incur additional expenses. The company is also seeking additional technologies and product licensing, joint venture arrangements, and manufacturing process integration relationships with commercial partners. **Future Outlook:** - **Capital Requirements:** The company expects to raise additional funds through private or public equity financings to expand its business operations. However, there is no assurance that such additional funds will be available on acceptable terms. - **Market Risk:** The company's market risk exposure is primarily the result of fluctuations in interest rates and foreign currency exchange rates. The company does not hold or issue financial instruments for trading purposes.