Xoma, which develops technology for algae cultivation, reports as planned no revenue for the first quarter. The operating loss increased.Operating profit/loss was SEK -1.7 million (-1.2). Profit after tax was SEK -1.7 million (-1.2). Earnings per share amounted to SEK -0.02 (-0.13)."The most important operational work during the quarter has taken place within the framework of the collaboration with Boliden Rönnskär. We are now actively working on the decision-making basis that will form the foundation for a possible pilot plant. This is a crucial step in our industrial journey — moving from verified test results to a concrete design for full-scale operation in one of Europe's most advanced metallurgical environments. The work is methodical and requires precision, but we are convinced that it lays the right foundation for the decisions we expect to be able to make in the near future," says CEO Mourad Lahdo. Xoma, SEK millionQ1-2026Q1-2025Net sales0.00.0Operating profit/loss-1.7-1.2Profit before tax-1.7-1.2Net profit/loss-1.7-1.2Earnings per share, SEK-0.02-0.13