| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | — | — | — | — |
| Op. Income | -$288M | — | — | — | — |
| Gross Margin | 41.2% | — | — | — | — |
| Net Margin | -485.1% | — | — | — | — |
| EPS (Diluted) | $-13.52 | — | — | — | — |
| Free Cash Flow | -$35M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $28M |
| SG&A Expenses | $45M |
| Other Expenses | $257M |
| Operating Expenses | $302M |
| Cost & Expenses | $322M |
| OPERATING INCOME | -$288M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$314M |
| Income Tax Expense | -$486.0K |
| Net Income from Continuing Ops | -$314M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$167M |
| D&A | $27M |
| EBIT | -$290M |
| EBITDA | -$263M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$166M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $81M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $239M |
| Inventory | $0 |
| Other Current Assets | $725M |
| TOTAL CURRENT ASSETS | $996M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $582M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $171M |
| TOTAL NON-CURRENT LIABILITIES | $806M |
| TOTAL LIABILITIES | $982M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $725M |
| Retained Earnings | -$648M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$55.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $124M |
| Minority Interest | -$75M |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $617M |
| Net Debt | $585M |
