| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | — | — | — | — |
| Op. Income | -$11M | — | — | — | — |
| Gross Margin | 52.3% | — | — | — | — |
| Net Margin | -16.8% | — | — | — | — |
| EPS (Diluted) | $-0.17 | — | — | — | — |
| Free Cash Flow | -$3M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $32M |
| R&D Expenses | $9M |
| Selling & Marketing | $7M |
| General & Administrative | $14M |
| SG&A Expenses | $21M |
| Other Expenses | $13M |
| Operating Expenses | $43M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$11M |
| Interest Income | $2M |
| Interest Expense | $794.4K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $613.5K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $12.0K |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | -$9M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $212.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$991.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$637.6K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $1M |
| Net Receivables | $21M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $134M |
| Account Payables | $58M |
| Short-Term Debt | $4M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $99M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $126.0K |
| Other Non-Current Liabilities | $727.0K |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $286M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $179M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | -$539.0K |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $134M |
| Total Debt | $12M |
| Net Debt | -$65M |
