| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $14.0K | — | -100.0% |
| Op. Income | -$23M | -$26M | -$24M | 13.0% | 4.6% |
| EPS (Diluted) | $-0.71 | $-0.57 | $-0.48 | -24.6% | -47.9% |
| Free Cash Flow | -$23M | -$21M | -$18M | -6.7% | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $290.0K |
| GROSS PROFIT | -$290.0K |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$23M |
| Interest Income | $166.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $290.0K |
| EBIT | -$46M |
| EBITDA | -$45M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $290.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8.0K |
| Net Debt Issuance | -$117.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $114M |
| Account Payables | $1M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $117M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $509M |
| Retained Earnings | -$513M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $114M |
| Total Debt | $62M |
| Net Debt | -$15M |
