| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39.5K | — | $0 | — | — |
| Op. Income | $822.3K | — | -$8M | — | 110.2% |
| Net Margin | -9440.8% | — | — | — | — |
| EPS (Diluted) | $-3.79 | — | $-91.20 | — | 95.8% |
| Free Cash Flow | $634.6K | — | -$3M | — | 119.2% |
| Item | Amount |
|---|---|
| REVENUE | $39.5K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | -$2M |
| Operating Expenses | -$782.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $822.3K |
| Interest Income | $0 |
| Interest Expense | -$490.9K |
| Other Income/Expenses | $445.8K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2M |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $0 |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $634.6K |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$608.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$608.7K |
| FREE CASH FLOW | $634.6K |
| Net Change in Cash | $25.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55.6K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $4M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $372.1K |
| TOTAL CURRENT LIABILITIES | $372.1K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $372.1K |
| Common Stock | $18M |
| Additional Paid-In Capital | $74M |
| Retained Earnings | -$88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | -$735.8K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $0 |
| Net Debt | -$55.6K |
