| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$41M | -$32M | -$21M | -27.0% | -97.2% |
| EPS (Diluted) | $-0.67 | $-0.50 | $-0.32 | -34.0% | -109.4% |
| Free Cash Flow | -$29M | -$26M | -$17M | -14.4% | -70.0% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $27M |
| Operating Expenses | $41M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$41M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $40.0K |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $56.0K |
| EBIT | -$36M |
| EBITDA | -$36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $24.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $281.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$42.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$236M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$236M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $436.0K |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$265M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $118M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $297M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $117M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $127M |
| TOTAL ASSETS | $425M |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $880.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $880.0K |
| TOTAL LIABILITIES | $22M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$322M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$136.0K |
| Other Equity | $724M |
| TOTAL STOCKHOLDERS' EQUITY | $403M |
| Minority Interest | $0 |
| TOTAL EQUITY | $403M |
| TOTAL LIABILITIES & EQUITY | $425M |
| Total Debt | $2M |
| Net Debt | -$170M |
