| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | — | — | — | — |
| Op. Income | $2M | — | — | — | — |
| Gross Margin | 89.1% | — | — | — | — |
| Net Margin | -96.4% | — | — | — | — |
| EPS (Diluted) | $-2.92 | — | — | — | — |
| Free Cash Flow | -$25M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $27M |
| SG&A Expenses | $68M |
| Other Expenses | $39M |
| Operating Expenses | $107M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | -$97M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | -$118M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$118M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$118M |
| D&A | $4M |
| EBIT | -$93M |
| EBITDA | -$89M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$118M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $110M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$979.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $314M |
| PP&E (Net) | $23M |
| Goodwill | $179M |
| Intangible Assets | $4M |
| Long-Term Investments | $75M |
| Tax Assets | $6M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $294M |
| TOTAL ASSETS | $608M |
| Account Payables | $9M |
| Short-Term Debt | $34M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $337M |
| Long-Term Debt | $310M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $331M |
| TOTAL LIABILITIES | $668M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$923M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$60M |
| Minority Interest | $165.0K |
| TOTAL EQUITY | -$59M |
| TOTAL LIABILITIES & EQUITY | $608M |
| Total Debt | $351M |
| Net Debt | $83M |
