| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | — | — | — |
| Op. Income | -$16M | — | — | — | — |
| Gross Margin | 55.5% | — | — | — | — |
| Net Margin | -173.9% | — | — | — | — |
| EPS (Diluted) | $-2.29 | — | — | — | — |
| Free Cash Flow | -$68M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $22M |
| Operating Expenses | $22M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$34.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $115.0K |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | -$222.0K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | -$222.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | -$68M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $42M |
| Sales/Maturities of Investments | -$15M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $724.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $469M |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $531M |
| TOTAL ASSETS | $549M |
| Account Payables | $0 |
| Short-Term Debt | $363.0K |
| Deferred Revenue | $17M |
| Other Current Liabilities | -$18M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $174M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $244M |
| TOTAL NON-CURRENT LIABILITIES | $420M |
| TOTAL LIABILITIES | $420M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $178M |
| Retained Earnings | $1M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | $916.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $549M |
| Total Debt | $176M |
| Net Debt | $160M |
