| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | $5M | -$15M | -$23M | 131.8% | 120.5% |
| EPS (Diluted) | $-0.27 | $-0.36 | $-0.51 | 25.0% | 47.1% |
| Free Cash Flow | -$4M | -$11M | $13M | 60.9% | -132.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $907.7K |
| GROSS PROFIT | -$907.7K |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$3M |
| Operating Expenses | $9M |
| Cost & Expenses | -$5M |
| OPERATING INCOME | $5M |
| Interest Income | $406.0K |
| Interest Expense | $13.0K |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$172.8K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $907.7K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $907.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$57.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $50 |
| Acquisitions (Net) | $1.4K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $930.0K |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $98M |
| Account Payables | $350.0K |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $254.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $394M |
| Retained Earnings | -$304M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $84.0K |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $98M |
| Total Debt | $11M |
| Net Debt | -$59M |
