Reported August 15, 2025
| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$318.4K | -$117.3K | -$64.6K | -171.4% | -392.7% |
| EPS (Diluted) | $-0.01 | $-0.01 | $-0.01 | 25.9% | -35.1% |
| Free Cash Flow | -$313.9K | -$86.8K | -$52.0K | -261.7% | -504.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $155.9K |
| SG&A Expenses | $155.9K |
| Other Expenses | $162.5K |
| Operating Expenses | $318.4K |
| Cost & Expenses | $318.4K |
| OPERATING INCOME | -$318.4K |
| Interest Income | $248.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $248.3K |
| INCOME BEFORE TAX | -$70.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$70.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70.1K |
| D&A | $0 |
| EBIT | -$318.4K |
| EBITDA | -$318.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$70.1K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$92.4K |
| Change in Working Capital | -$151.4K |
| OPERATING CASH FLOW | -$313.9K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $9.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | -$313.9K |
| Net Change in Cash | $380.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $383.2K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $528.5K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $75M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $75M |
| TOTAL ASSETS | $76M |
| Account Payables | $11.7K |
| Short-Term Debt | $427.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $438.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $2M |
| Common Stock | $75M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $427.0K |
| Net Debt | $43.8K |