| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | — | — | — |
| Op. Income | -$4M | — | — | — | — |
| Gross Margin | 20.9% | — | — | — | — |
| Net Margin | -15.4% | — | — | — | — |
| EPS (Diluted) | $-0.08 | — | — | — | — |
| Free Cash Flow | $1M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $391.0K |
| Other Income/Expenses | $495.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $501.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $0 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$37.0K |
| Other Non-Cash Items | $821.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $283.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $82M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $247M |
| PP&E (Net) | $164M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $187M |
| TOTAL ASSETS | $434M |
| Account Payables | $13M |
| Short-Term Debt | $63M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | -$65M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $273M |
| Minority Interest | $61M |
| TOTAL EQUITY | $335M |
| TOTAL LIABILITIES & EQUITY | $434M |
| Total Debt | $66M |
| Net Debt | -$55M |
