| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$116M | -$114M | -$97M | -2.0% | -19.6% |
| EPS (Diluted) | $-0.76 | $-0.76 | $-0.88 | 0.0% | 13.6% |
| Free Cash Flow | -$112M | -$110M | -$85M | -2.1% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $521.0K |
| GROSS PROFIT | -$521.0K |
| R&D Expenses | $95M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$521.0K |
| Operating Expenses | $116M |
| Cost & Expenses | $116M |
| OPERATING INCOME | -$116M |
| Interest Income | $8M |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$112M |
| Income Tax Expense | $0 |
| NET INCOME | -$112M |
| D&A | $521.0K |
| EBIT | -$102M |
| EBITDA | -$101M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$112M |
| Depreciation & Amortization | $521.0K |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$313.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$112M |
| Capital Expenditure | -$484.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $10.0K |
| NET CASH FROM INVESTING | $982.0K |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $431M |
| FREE CASH FLOW | -$112M |
| Net Change in Cash | $320M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $893M |
| Short-Term Investments | $217M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $8M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $215M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2.4B |
| TOTAL STOCKHOLDERS' EQUITY | $972M |
| Minority Interest | $0 |
| TOTAL EQUITY | $972M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $20M |
| Net Debt | -$873M |
