| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$46M | -$41M | -$48M | -13.4% | 5.1% |
| EPS (Diluted) | $-1.00 | $-1.44 | $-0.63 | 30.6% | -58.7% |
| Free Cash Flow | -$38M | -$35M | -$42M | -7.6% | 9.5% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $6.0K |
| GROSS PROFIT | -$6.0K |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$46M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | -$97M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $6.0K |
| EBIT | -$46M |
| EBITDA | -$46M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$94M |
| Depreciation & Amortization | $6.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $39M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $177.4K |
| NET CASH FROM FINANCING | $187.0K |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $191M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $4M |
| Other Non-Current Assets | $734.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $210M |
| Account Payables | $15M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $213M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $263M |
| Common Stock | $973.0K |
| Additional Paid-In Capital | $784M |
| Retained Earnings | -$823M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$53M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$53M |
| TOTAL LIABILITIES & EQUITY | $210M |
| Total Debt | $35M |
| Net Debt | -$115M |
