| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $628.9K | -3.0% | 613.6% |
| Op. Income | -$125M | $72M | -$679.4K | -273.1% | -18268.0% |
| Gross Margin | 97.2% | 98.1% | 98.8% | -0.9pp | -1.6pp |
| Net Margin | -3219.1% | 1211.4% | -77.3% | -4430.5pp | -3141.8pp |
| EPS (Diluted) | $-6.59 | $1.83 | $-0.05 | -460.1% | -13319.2% |
| Free Cash Flow | -$11M | -$5M | -$185.9K | -119.2% | -5776.7% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $126.0K |
| GROSS PROFIT | $4M |
| R&D Expenses | $391.0K |
| Selling & Marketing | $431.2K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $123M |
| Operating Expenses | $129M |
| Cost & Expenses | $129M |
| OPERATING INCOME | -$125M |
| Interest Income | -$19.6K |
| Interest Expense | $5M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | -$164M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | -$144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$144M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | -$145M |
| D&A | $352.0K |
| EBIT | -$2M |
| EBITDA | -$158M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$144M |
| Depreciation & Amortization | $352.0K |
| Stock-Based Compensation | $337.0K |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $150M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | -$106.0K |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $4M |
| Net Receivables | $52.0K |
| Inventory | $0 |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $122M |
| PP&E (Net) | $0 |
| Goodwill | $607.0K |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $182M |
| TOTAL NON-CURRENT ASSETS | $185M |
| TOTAL ASSETS | $307M |
| Account Payables | $7M |
| Short-Term Debt | $107.0K |
| Deferred Revenue | $82.0K |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $127M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $208M |
| Common Stock | $0 |
| Additional Paid-In Capital | $203M |
| Retained Earnings | -$92M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$27.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99M |
| Minority Interest | $0 |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $307M |
| Total Debt | $127M |
| Net Debt | $122M |
