| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54.6K | $46.3K | $74.7K | 17.8% | -27.0% |
| Op. Income | -$2M | -$2M | -$1M | -6.4% | -86.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -4977.6% | -4498.1% | -1722.9% | -479.5pp | -3254.7pp |
| EPS (Diluted) | $-0.10 | $-0.07 | $-0.06 | -30.8% | -60.5% |
| Free Cash Flow | -$3M | -$2M | -$1M | -23.0% | -134.0% |
| Item | Amount |
|---|---|
| REVENUE | $54.6K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $54.6K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $102.5K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $5.3K |
| Other Income/Expenses | -$334.1K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $102.5K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $102.5K |
| Stock-Based Compensation | $505.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $144.1K |
| Change in Working Capital | $58.8K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$671.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$671.6K |
| Net Debt Issuance | -$12.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$88.1K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $222.5K |
| Inventory | $0 |
| Other Current Assets | $100.2K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $9M |
| Account Payables | $342.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $386.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $294.5K |
| TOTAL NON-CURRENT LIABILITIES | $375.2K |
| TOTAL LIABILITIES | $761.5K |
| Common Stock | $28M |
| Additional Paid-In Capital | $6M |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $331.2K |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $124.9K |
| Net Debt | -$5M |
