| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$67M | -$68M | -$35M | 1.1% | -93.8% |
| EPS (Diluted) | $-1.64 | $-1.77 | $-0.98 | 7.3% | -67.3% |
| Free Cash Flow | -$43M | -$48M | -$28M | 9.4% | -54.6% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $89.0K |
| GROSS PROFIT | -$89.0K |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$67M |
| Interest Income | $27M |
| Interest Expense | $2M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | $88.0K |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $20.0K |
| EBIT | -$59M |
| EBITDA | -$59M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $89.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$358M |
| Sales/Maturities of Investments | $135M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$223M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $578.0K |
| NET CASH FROM FINANCING | $217M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $700M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $804M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $726.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $807M |
| Account Payables | $9M |
| Short-Term Debt | $611.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $67M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$510M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $965.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $740M |
| Minority Interest | $0 |
| TOTAL EQUITY | $740M |
| TOTAL LIABILITIES & EQUITY | $807M |
| Total Debt | $2M |
| Net Debt | -$89M |
