| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55.8K | $30.7K | $27.8K | 81.7% | 100.3% |
| Op. Income | -$857.7K | -$687.7K | -$1M | -24.7% | 29.1% |
| Gross Margin | -83.1% | -227.5% | -329.1% | 144.4pp | 246.1pp |
| Net Margin | -1657.1% | -2161.7% | -4241.4% | 504.6pp | 2584.3pp |
| EPS (Diluted) | $-0.20 | $-0.24 | $-0.46 | 16.7% | 56.5% |
| Free Cash Flow | -$525.5K | -$677.1K | -$654.4K | 22.4% | 19.7% |
| Item | Amount |
|---|---|
| REVENUE | $55.8K |
| Cost of Revenue | $102.1K |
| GROSS PROFIT | -$46.3K |
| R&D Expenses | $71.8K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $739.6K |
| Other Expenses | $0 |
| Operating Expenses | $811.4K |
| Cost & Expenses | $913.4K |
| OPERATING INCOME | -$857.7K |
| Interest Income | $24.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$66.3K |
| INCOME BEFORE TAX | -$924.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$924.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$924.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$924.0K |
| D&A | $102.1K |
| EBIT | -$924.0K |
| EBITDA | -$821.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$924.0K |
| Depreciation & Amortization | $102.1K |
| Stock-Based Compensation | $264.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$109.1K |
| Change in Working Capital | $227.4K |
| OPERATING CASH FLOW | -$439.4K |
| Capital Expenditure | -$86.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$86.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$525.5K |
| Net Change in Cash | -$525.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $6.3K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $39.4K |
| Goodwill | $0 |
| Intangible Assets | $523.8K |
| Long-Term Investments | $100.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $663.2K |
| TOTAL ASSETS | $3M |
| Account Payables | $25.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $36.7K |
| Other Current Liabilities | $53.2K |
| TOTAL CURRENT LIABILITIES | $358.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $358.6K |
| 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 | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $0 |
| Net Debt | -$2M |
