| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | — | — | — |
| Op. Income | -$61M | -$39M | — | -54.8% | — |
| EPS (Diluted) | $-0.55 | $-0.32 | — | -70.8% | — |
| Free Cash Flow | -$39M | -$34M | — | -17.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $698.6K |
| GROSS PROFIT | -$698.6K |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$61M |
| Interest Income | $974.1K |
| Interest Expense | $87.8K |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$67M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $698.6K |
| EBIT | -$61M |
| EBITDA | -$60M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $698.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$40.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$40.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$371.9K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $142M |
| Account Payables | $0 |
| Short-Term Debt | $255M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $300M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $305M |
| Common Stock | $106.3K |
| Additional Paid-In Capital | $888M |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $184M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$163M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$163M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $258M |
| Net Debt | $163M |
