| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $385 | $15 | $150 | 2466.7% | 156.7% |
| Op. Income | -$11M | -$2M | -$442.7K | -538.7% | -2293.3% |
| Gross Margin | -12626.8% | -280740.0% | -18130.7% | 268113.2pp | 5503.9pp |
| Net Margin | -2714962.3% | -7954933.3% | -294558.7% | 5239971.0pp | -2420403.7pp |
| EPS (Diluted) | $-0.77 | $-0.12 | $-0.06 | -541.7% | -1183.3% |
| Free Cash Flow | -$2M | -$1M | -$379.1K | -63.8% | -505.7% |
| Item | Amount |
|---|---|
| REVENUE | $385 |
| Cost of Revenue | $49.0K |
| GROSS PROFIT | -$48.6K |
| R&D Expenses | -$1.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$11M |
| Interest Income | $261.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $142.3K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $49.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $49.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$689.1K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$833 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$959.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $151.6K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $13.8K |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $52M |
| Account Payables | $301.6K |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $882.7K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $882.7K |
| Common Stock | $16.5K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$23M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $500.0K |
| Net Debt | -$44M |
