| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$19M | -$7M | -$2M | -158.6% | -712.2% |
| EPS (Diluted) | $-0.09 | $-0.34 | $-0.51 | 72.4% | 81.6% |
| Free Cash Flow | -$61M | -$3M | -$8M | -1643.6% | -626.9% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $788.0K |
| GROSS PROFIT | -$788.0K |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$19M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $788.0K |
| EBIT | -$19M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $366.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$59M |
| Change in Working Capital | $614.0K |
| OPERATING CASH FLOW | -$61M |
| Capital Expenditure | -$117.0K |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $525.0K |
| Other Investing Activities | -$525.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $94M |
| FREE CASH FLOW | -$61M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $776.0K |
| Net Receivables | $609.0K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $185M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $53M |
| TOTAL ASSETS | $263M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$827M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1.0B |
| TOTAL STOCKHOLDERS' EQUITY | $214M |
| Minority Interest | $0 |
| TOTAL EQUITY | $214M |
| TOTAL LIABILITIES & EQUITY | $263M |
| Total Debt | $0 |
| Net Debt | -$182M |
