BigBear.ai reported second-quarter revenue of $32.47 million, missing estimates of $41.17 million, according to Benzinga Pro. The company reported a second-quarter loss of 71 cents per share, missing expectations for a loss of 6 cents per share.

Cash (including cash equivalents) constitutes $391 million of the $599 million in Total Assets for BigBear.ai. This results in a very strong Cash-to-Assets Ratio of 65.2% (versus 6.9% for S&P 500)

But is it still worth chasing BBAI stock after it missed Q2 earnings badly and plunged? Let's take a look. BBAI stock is down well over 25% as of writing. The company posted revenue declines due to disruptions in key government contracts,