| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | — | — | — | — |
| Op. Income | -$5M | — | — | — | — |
| Gross Margin | 19.8% | — | — | — | — |
| Net Margin | 211.4% | — | — | — | — |
| EPS (Diluted) | $1.94 | — | — | — | — |
| Free Cash Flow | -$15M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | -$318.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $68M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $3M |
| EBIT | $77M |
| EBITDA | $80M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$97M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $76.0K |
| NET CASH FROM INVESTING | $76.0K |
| Net Debt Issuance | -$678.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $24M |
| Goodwill | $24M |
| Intangible Assets | $3M |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $100M |
| TOTAL ASSETS | $234M |
| Account Payables | $85M |
| Short-Term Debt | $11M |
| Deferred Revenue | $45.0K |
| Other Current Liabilities | $166M |
| TOTAL CURRENT LIABILITIES | $287M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $228M |
| TOTAL LIABILITIES | $515M |
| Common Stock | $329.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$274M |
| Minority Interest | -$7M |
| TOTAL EQUITY | -$281M |
| TOTAL LIABILITIES & EQUITY | $234M |
| Total Debt | $46M |
| Net Debt | $42M |
