| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | — | — | — |
| Op. Income | -$39M | -$62M | — | 37.1% | — |
| EPS (Diluted) | $-0.32 | $-4.75 | — | 93.2% | — |
| Free Cash Flow | -$34M | -$8M | — | -327.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $673.0K |
| GROSS PROFIT | -$673.0K |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$39M |
| Interest Income | $1M |
| Interest Expense | $64.9K |
| Other Income/Expenses | $68M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $76M |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $673.0K |
| EBIT | -$39M |
| EBITDA | -$38M |
| EPS | $0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $673.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$70M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$74.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$312.8K |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $152M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $4.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $160M |
| Account Payables | $0 |
| Short-Term Debt | $252M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $274M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $284M |
| Common Stock | $105.2K |
| Additional Paid-In Capital | $881M |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $104M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$124M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$124M |
| TOTAL LIABILITIES & EQUITY | $160M |
| Total Debt | $255M |
| Net Debt | $129M |
