Financial Overview<\/b><\/p>\n Business Development<\/b><\/p>\n Building for the Future<\/b><\/p>\n \nIn line with its strategic priorities to implement a sustainable long-term capital structure, the Company is assessing financing options to support its future business over time, which may include bonds, bilateral loans or other debt facilities.<\/p>\n Preliminary and Unaudited Consolidated Financial Statements<\/b><\/p>\n Income Statement<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n 2025<\/b><\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n<\/tr>\n EURk<\/b><\/p>\n<\/td>\n preliminary and unaudited<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nRevenue<\/p>\n<\/td>\n \n31.559<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n110.013<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nCost of sales<\/p>\n<\/td>\n \n(47.842<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(90.585<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n Gross profit (loss)<\/b><\/p>\n<\/td>\n (16.283<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n 19.428<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nResearch and development expenses<\/p>\n<\/td>\n \n(8.488<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(8.971<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nSelling and general administrative expenses<\/p>\n<\/td>\n \n(32.797<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(31.588<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nImpairment gains (losses) on trade receivables, \n(55<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(58<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nOther income<\/p>\n<\/td>\n \n2.264<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n14.530<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nOther expenses<\/p>\n<\/td>\n \n(1.334<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(1.949<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n Operating result<\/b><\/p>\n<\/td>\n (56.694<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n (8.608<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n<\/tr>\n \nFinance income<\/p>\n<\/td>\n \n60.788<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n24<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nFinance expenses<\/p>\n<\/td>\n \n(59.542<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(88.883<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nShare listing expenses<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Net finance result<\/b><\/p>\n<\/td>\n 1.246<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n (88.859<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n<\/tr>\n Result before tax<\/b><\/p>\n<\/td>\n (55.447<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n (97.467<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n<\/tr>\n \nIncome tax benefits (expenses)<\/p>\n<\/td>\n \n257<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(491<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n Result for the period<\/b><\/p>\n<\/td>\n (55.190<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n (97.958<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n<\/tr>\n Balance Sheet<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n 2025<\/b><\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n<\/tr>\n preliminary and unaudited<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Assets<\/b><\/p>\n<\/td>\n EURk<\/b><\/p>\n<\/td>\n \nIntangible assets<\/p>\n<\/td>\n \n12.910<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n20.529<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nRight-of-use assets<\/p>\n<\/td>\n \n2.981<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n3.273<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nProperty, plant, and equipment<\/p>\n<\/td>\n \n7.614<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n6.195<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nOther investments and other assets<\/p>\n<\/td>\n \n169<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n179<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nTrade and other receivables (non-current)<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n12<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nDeferred tax assets<\/p>\n<\/td>\n \n15<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Non-current assets<\/b><\/p>\n<\/td>\n 23.689<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 30.188<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nInventories<\/p>\n<\/td>\n \n51.010<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n63.666<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nContract assets<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n40<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nTrade and other receivables (current)<\/p>\n<\/td>\n \n8.563<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n28.479<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nCash and cash equivalents<\/p>\n<\/td>\n \n6.987<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n22.858<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Current assets<\/b><\/p>\n<\/td>\n 66.560<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 115.043<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Total assets<\/b><\/p>\n<\/td>\n 90.249<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 145.231<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n 2025<\/b><\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n<\/tr>\n preliminary and unaudited<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Equity and liabilities<\/b><\/p>\n<\/td>\n EURk<\/b><\/p>\n<\/td>\n \nShare capital<\/p>\n<\/td>\n \n5<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n5<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nCapital reserves<\/p>\n<\/td>\n \n332.907<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n245.298<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nOther equity<\/p>\n<\/td>\n \n613<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1.043<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nRetained earnings<\/p>\n<\/td>\n \n(344.347<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(289.156<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n Total equity<\/b><\/p>\n<\/td>\n (10.822<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n (42.810<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n<\/tr>\n \nLease liabilities (non-current)<\/p>\n<\/td>\n \n1.866<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n2.336<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nLoans and borrowings (non-current)<\/p>\n<\/td>\n \n54.808<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n119.581<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nTrade and other payables (non-current)<\/p>\n<\/td>\n \n214<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n209<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nContract liabilities (non-current)<\/p>\n<\/td>\n \n2<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n265<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nOther provisions (non-current)<\/p>\n<\/td>\n \n747<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n2.132<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nDeferred tax liabilities<\/p>\n<\/td>\n \n1.345<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1.670<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Non-current liabilities<\/b><\/p>\n<\/td>\n 58.982<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 126.193<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nLease liabilities (current)<\/p>\n<\/td>\n \n1.322<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n1.144<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nLoans and borrowings (current)<\/p>\n<\/td>\n \n5.010<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n13.333<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nTrade and other payables (current)<\/p>\n<\/td>\n \n20.652<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n34.963<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nContract liabilities (current)<\/p>\n<\/td>\n \n11.955<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n6.809<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nIncome tax liabilities (current)<\/p>\n<\/td>\n \n75<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n14<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nOther provisions (current)<\/p>\n<\/td>\n \n3.075<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n5.586<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Current liabilities<\/b><\/p>\n<\/td>\n 42.089<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 61.849<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Total liabilities<\/b><\/p>\n<\/td>\n 101.071<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 188.042<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Total equity and liabilities<\/b><\/p>\n<\/td>\n 90.249<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 145.231<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Cash Flow<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n 2025<\/b><\/p>\n<\/td>\n 2024<\/b><\/p>\n<\/td>\n<\/tr>\n EURk<\/b><\/p>\n<\/td>\n preliminary and unaudited<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nResult for the period<\/p>\n<\/td>\n \n(55.190<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(97.958<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nDepreciation and amortization<\/p>\n<\/td>\n \n10.588<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n6.699<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nFinance income excluding foreign currency (gains) losses<\/p>\n<\/td>\n \n(60.788<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(24<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nFinance expense<\/p>\n<\/td>\n \n0<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n82.222<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nShare listing expense<\/p>\n<\/td>\n \n59.542<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nNon-cash effective foreign currency gains<\/p>\n<\/td>\n \n22<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n6.352<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nStock compensation<\/p>\n<\/td>\n \n2.655<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n3.866<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nGain (loss) on disposal of property, plant, and equipment<\/p>\n<\/td>\n \n115<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n2<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nChange in trade receivables not attributable to investing or financing activities<\/p>\n<\/td>\n \n7.544<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n7.052<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nChange in inventories<\/p>\n<\/td>\n \n11.818<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(24.359<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nChange in trade payables<\/p>\n<\/td>\n \n(14.367<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n12.929<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nChange in contract assets<\/p>\n<\/td>\n \n40<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(40<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nChange in contract liabilities<\/p>\n<\/td>\n \n4.906<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(462<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nChange in other investments and other assets<\/p>\n<\/td>\n \n(341<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n101<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nChange in other provisions<\/p>\n<\/td>\n \n(3.996<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(13.063<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nChange in other liabilities<\/p>\n<\/td>\n \n394<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n(116<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nIncome tax expenses (benefits)<\/p>\n<\/td>\n \n(257<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n491<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nInterest received<\/p>\n<\/td>\n \n395<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n24<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nIncome taxes paid<\/p>\n<\/td>\n \n(15<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(3<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n Cash flow from operating activities<\/b><\/p>\n<\/td>\n (36.934<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n (16.287<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n<\/tr>\n \nPurchase of property, plant, and equipment<\/p>\n<\/td>\n \n(2.883<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(958<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nInvestments in intangible assets, including internally generated intangible asset<\/p>\n<\/td>\n \n(399<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(445<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nProceeds from sale of property, plant, and equipment<\/p>\n<\/td>\n \n20<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n107<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Cash flow from investing activities<\/b><\/p>\n<\/td>\n (3.262<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n (1.296<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n<\/tr>\n \nProceeds from borrowings, shareholder contribution, and loans<\/p>\n<\/td>\n \n6.275<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n13.966<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nProceeds from Convertible Loan<\/p>\n<\/td>\n \n38.156<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \nProceeds from issues of shares and other equity securities<\/p>\n<\/td>\n \n661<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n776<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nProceeds from the issue of warrants presented as financial liabilities<\/p>\n<\/td>\n \n9.000<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nRepayment of loans and borrowings<\/p>\n<\/td>\n \n(11.225<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nProceeds from the exercise of warrants<\/p>\n<\/td>\n \n26.950<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n9.260<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nRepayment of shareholder loans<\/p>\n<\/td>\n \n(22.026<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n–<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nRepayment of Convertible Loan<\/p>\n<\/td>\n \n(21.231<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \nRepayment of lease liabilities<\/p>\n<\/td>\n \n(1.273<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(996<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n \nInterest paid<\/p>\n<\/td>\n \n(12.517<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n \n(1.183<\/p>\n<\/td>\n \n)<\/p>\n<\/td>\n<\/tr>\n Cash flow from financing activities<\/b><\/p>\n<\/td>\n 23.995<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 10.598<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Net decrease (-) \/ increase in cash and cash equivalents<\/b><\/p>\n<\/td>\n (16.201<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n (6.985<\/b><\/p>\n<\/td>\n )<\/b><\/p>\n<\/td>\n<\/tr>\n Cash and cash equivalents at the beginning of the period<\/b><\/p>\n<\/td>\n 22.858<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 29.162<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n \nFX effects<\/p>\n<\/td>\n \n331<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n \n681<\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n Net cash and cash equivalents at the end of the period<\/b><\/p>\n<\/td>\n 6.987<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n 22.858<\/b><\/p>\n<\/td>\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n About ADS-TEC Energy<\/b><\/p>\n \nBased on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and produces battery storage solutions and fast charging systems including their energy management systems. Its battery-based fast-charging technology enables electric vehicles to charge ultra-fast even with weak power grids and is characterized by a very compact design. The Company, based in N\u00fcrtingen, Baden-W\u00fcrttemberg, was nominated for the German Future Prize by the Federal President and was included in the “Circle of Excellence” in 2022. The high quality and functionality of the battery systems is due to a particularly high level of in-depth development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for car manufacturers, energy supply companies and charging station operators.<\/p>\n \nMore information at: www.ads-tec-energy.com<\/a><\/p>\n Forward-looking Statements<\/b><\/p>\n \nThis press release contains forward-looking statements within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. Words such as \u201cexpect,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cbudget,\u201d \u201cforecast,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cbelieves,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, among other things, statements regarding the Company\u2019s expectations with respect to future performance, the development and scaling of its business lines, including EV charging, Commercial & Industrial, large scale battery projects, Own & Operate activities, service and software offerings, and the anticipated timing of certain commercial activities, as well as the Company\u2019s ability to successfully execute its strategic transition toward a more diversified and recurring revenue-based business model. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: risks related to demand for EV charging and energy storage solutions and the continued adoption of electric vehicles; risks related to inventory levels and the Company\u2019s ability to sell products at anticipated prices and within expected timeframes; risks that the Company\u2019s order backlog may not be realized as expected, including as a result of delays, modifications or cancellations; risks associated with the development of large scale battery projects, such as the ability to obtain permits, achieve ready-to-build status, secure grid connection and supply chain arrangements, and complete construction and commercialization; risks related to the Company\u2019s reliance on strategic partnerships and the potential for disruption, underperformance or termination of such arrangements; the Company\u2019s ability to secure additional financing; the Company\u2019s ability to access sufficient liquidity in the near term to sustain operations and execute its strategy; risks relating to the capital-intensive nature of the Own & Operate model, including utilization risk and the ability to recover upfront investments; risks related to customer adoption, retention and service performance; supply chain constraints, reliance on key suppliers and contractors, and risks of delays, cost overruns or disruptions in project execution; competition and technological developments in the EV charging and battery storage markets; the Company\u2019s dependence on a limited number of customers for a significant portion of revenues; potential reductions in governmental incentives supporting EV adoption; unexpected delays in product development or commercialization; the Company\u2019s ability to expand geographically and build scalable processes; the risk that the Company\u2019s technology could have undetected defects or errors; as well as general macroeconomic, regulatory and market conditions, including inflation, interest rates, geopolitical developments and changes in energy and environmental regulation. Additional information regarding these and other risks and uncertainties will be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260412923766\/en\/<\/a><\/span><\/p>\n\n
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contract assets, and other investments<\/p>\n<\/td>\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n<\/table>\n \n
\n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n<\/table>\n \n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/p>\n