| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $749.0K | $719.0K | $40.0K | 4.2% | 1772.5% |
| Op. Income | -$28M | -$25M | -$23M | -12.5% | -25.8% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -8154.1% | -3856.6% | -65715.0% | -4297.5pp | 57560.9pp |
| EPS (Diluted) | $-0.28 | $-0.14 | $-0.16 | -100.0% | -75.0% |
| Free Cash Flow | -$29M | -$19M | -$19M | -48.9% | -48.0% |
| Item | Amount |
|---|---|
| REVENUE | $749.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $749.0K |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$28M |
| Interest Income | $504.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | $131.0K |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $233.0K |
| EBIT | -$61M |
| EBITDA | -$61M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $233.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | -$11M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $84M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $6M |
| Goodwill | $331.0K |
| Intangible Assets | $14M |
| Long-Term Investments | $88M |
| Tax Assets | $0 |
| Other Non-Current Assets | $382.0K |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $240M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $665.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $27M |
| Additional Paid-In Capital | $969M |
| Retained Earnings | -$815M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $160M |
| Minority Interest | $157.0K |
| TOTAL EQUITY | $160M |
| TOTAL LIABILITIES & EQUITY | $240M |
| Total Debt | $3M |
| Net Debt | -$27M |
