| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $972.9K | $1M | 3.3% | 0.5% |
| Op. Income | -$45M | -$58M | -$45M | 21.4% | 0.1% |
| Gross Margin | -144.1% | 54.1% | 63.4% | -198.1pp | -207.5pp |
| Net Margin | -60241.2% | -5633.5% | -3763.0% | -54607.7pp | -56478.2pp |
| EPS (Diluted) | $-2.19 | $-0.20 | $-0.17 | -995.0% | -1188.2% |
| Free Cash Flow | $12M | $10M | -$8M | 20.4% | 245.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$45M |
| Interest Income | $8M |
| Interest Expense | $12M |
| Other Income/Expenses | -$560M |
| INCOME BEFORE TAX | -$606M |
| Income Tax Expense | $165.2K |
| Net Income from Continuing Ops | -$606M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$606M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$606M |
| D&A | $2M |
| EBIT | -$594M |
| EBITDA | -$592M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$606M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$145.1K |
| Other Non-Cash Items | $610M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$3.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$344M |
| Sales/Maturities of Investments | $250M |
| Other Investing Activities | -$200M |
| NET CASH FROM INVESTING | -$294M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.4B |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$336M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $1.0B |
| Net Receivables | $244.5K |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $6M |
| Goodwill | $121M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $200M |
| Tax Assets | $210M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $4M |
| Short-Term Debt | $948M |
| Deferred Revenue | $30.4K |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $980M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $210M |
| Other Non-Current Liabilities | -$2M |
| TOTAL NON-CURRENT LIABILITIES | $212M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $28.1K |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | -$3.7B |
| Treasury Stock | -$57M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $150.6K |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $951M |
| Net Debt | $786M |
