Aduro's "pre-Scale Up" Income Statement

Most recent consolidated income statement:

Revenue went down from 2024-2025, but they call it out on Note 13. It's from a technical evaluation agreement.

Their largest cost-centers are Research and Development, and SG&A. Nothing in these line items surprised me too much.

Sentiment: neutral. The company hasn't found it's scalable commercial application, so these financial documents don't really tell us much.