| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$54M | -$55M | -$46M | 1.6% | -15.9% |
| EPS (Diluted) | $-0.41 | $-0.38 | $-0.37 | -7.9% | -10.8% |
| Free Cash Flow | -$59M | -$23M | -$21M | -159.3% | -173.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$54M |
| Interest Income | $4M |
| Interest Expense | $3M |
| Other Income/Expenses | -$935.0K |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $166.0K |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $237.0K |
| EBIT | -$52M |
| EBITDA | -$52M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $237.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $255.0K |
| Other Non-Cash Items | $157.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$58M |
| Capital Expenditure | -$234.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$101.1K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $195M |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $308M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $103M |
| Tax Assets | $25M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $141M |
| TOTAL ASSETS | $448M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29.0K |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $147M |
| Common Stock | $364.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $302M |
| Minority Interest | $0 |
| TOTAL EQUITY | $302M |
| TOTAL LIABILITIES & EQUITY | $448M |
| Total Debt | $118M |
| Net Debt | $67M |
