| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37.0K | $54.0K | $9.0K | -31.5% | 311.1% |
| Op. Income | -$207M | -$48M | -$25M | -329.9% | -720.4% |
| Gross Margin | -92483.8% | -49737.0% | -238266.7% | -42746.7pp | 145782.9pp |
| Net Margin | -600505.4% | -230881.5% | -863177.8% | -369623.9pp | 262672.4pp |
| EPS (Diluted) | $-1.55 | $-1.20 | $-1.33 | -28.9% | -16.5% |
| Free Cash Flow | -$37M | -$27M | -$23M | -38.6% | -61.2% |
| Item | Amount |
|---|---|
| REVENUE | $37.0K |
| Cost of Revenue | $34M |
| GROSS PROFIT | -$34M |
| R&D Expenses | $7M |
| Selling & Marketing | $6M |
| General & Administrative | $20M |
| SG&A Expenses | $26M |
| Other Expenses | $140M |
| Operating Expenses | $173M |
| Cost & Expenses | $207M |
| OPERATING INCOME | -$207M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$222M |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | -$222M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$222M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$222M |
| D&A | $19M |
| EBIT | -$67M |
| EBITDA | -$48M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$222M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $158M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $607.0K |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $381.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $170M |
| Goodwill | $28M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $226M |
| TOTAL ASSETS | $316M |
| Account Payables | $62M |
| Short-Term Debt | $10M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $211M |
| Long-Term Debt | $74M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $355M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | -$4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$78M |
| Minority Interest | $38M |
| TOTAL EQUITY | -$40M |
| TOTAL LIABILITIES & EQUITY | $316M |
| Total Debt | $137M |
| Net Debt | $74M |
