| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.7K | $12.8K | $34.3K | 140.5% | -10.4% |
| Op. Income | -$687.7K | -$1M | -$1M | 39.2% | 53.0% |
| Gross Margin | -227.5% | -785.1% | -256.5% | 557.6pp | 29.0pp |
| Net Margin | -2161.7% | -8790.3% | -4161.9% | 6628.6pp | 2000.2pp |
| EPS (Diluted) | $-0.24 | $-0.40 | $-0.56 | 40.0% | 57.1% |
| Free Cash Flow | -$677.1K | -$850.5K | -$690.9K | 20.4% | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $30.7K |
| Cost of Revenue | $100.5K |
| GROSS PROFIT | -$69.8K |
| R&D Expenses | $77.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $540.0K |
| Other Expenses | $0 |
| Operating Expenses | $617.9K |
| Cost & Expenses | $718.4K |
| OPERATING INCOME | -$687.7K |
| Interest Income | $24.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $24.3K |
| INCOME BEFORE TAX | -$663.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$663.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$663.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$663.4K |
| D&A | $100.5K |
| EBIT | -$663.4K |
| EBITDA | -$562.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$663.4K |
| Depreciation & Amortization | $100.5K |
| Stock-Based Compensation | -$144.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$559.0K |
| Change in Working Capital | $589.4K |
| OPERATING CASH FLOW | -$677.1K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$79.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$677.1K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $4.4K |
| Inventory | $0 |
| Other Current Assets | $275.7K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $45.8K |
| Goodwill | $0 |
| Intangible Assets | $624.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $670.1K |
| TOTAL ASSETS | $4M |
| Account Payables | $30.9K |
| Short-Term Debt | $0 |
| Deferred Revenue | $3.8K |
| Other Current Liabilities | $167.2K |
| TOTAL CURRENT LIABILITIES | $211.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $211.0K |
| Common Stock | $458 |
| Additional Paid-In Capital | $44M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $0 |
| Net Debt | -$3M |
