| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $49M | — | -58.9% |
| Op. Income | $11M | — | $38M | — | -70.8% |
| Net Margin | 133.6% | — | 122.5% | — | 11.1pp |
| EPS (Diluted) | $0.08 | — | $0.31 | — | -73.0% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $11M |
| Interest Income | $19M |
| Interest Expense | $9M |
| Other Income/Expenses | $41M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $802.5K |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $58M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $12M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $295M |
| Goodwill | $0 |
| Intangible Assets | $118M |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$22M |
| TOTAL NON-CURRENT ASSETS | $415M |
| TOTAL ASSETS | $499M |
| Account Payables | $2M |
| Short-Term Debt | $72M |
| Deferred Revenue | $546.2K |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $342M |
| Common Stock | $12.9K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$292M |
| Accum. Other Comp. Income | $613M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $139M |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $890M |
| Total Debt | $258M |
| Net Debt | $229M |
