| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$35M | -$27M | -$6M | -27.7% | -446.3% |
| EPS (Diluted) | $-0.65 | $-0.64 | $-6.56 | -1.6% | 90.1% |
| Free Cash Flow | -$34M | -$22M | -$11M | -51.7% | -204.6% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $9.0K |
| GROSS PROFIT | -$9.0K |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $41.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$35M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | -$68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $9.0K |
| EBIT | -$35M |
| EBITDA | -$35M |
| EPS | -$0 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $170M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $248M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $336M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $350M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $724.0K |
| TOTAL LIABILITIES | $17M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $507M |
| Retained Earnings | -$174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $129.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $333M |
| Minority Interest | $0 |
| TOTAL EQUITY | $333M |
| TOTAL LIABILITIES & EQUITY | $350M |
| Total Debt | $724.0K |
| Net Debt | -$88M |
