| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$39M | -$39M | -$41M | -1.4% | 4.3% |
| EPS (Diluted) | $-0.80 | $-0.85 | $-0.87 | 5.9% | 8.0% |
| Free Cash Flow | -$34M | -$44M | -$38M | 23.3% | 10.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $368.0K |
| GROSS PROFIT | -$368.0K |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$39M |
| Interest Income | $2M |
| Interest Expense | $444.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $368.0K |
| EBIT | -$39M |
| EBITDA | -$39M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $368.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$527.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | $5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$50.0K |
| NET CASH FROM FINANCING | $141M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $155M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $283M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $294M |
| Account Payables | $5M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $657M |
| Retained Earnings | -$425M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $97.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $232M |
| Minority Interest | $0 |
| TOTAL EQUITY | $232M |
| TOTAL LIABILITIES & EQUITY | $294M |
| Total Debt | $29M |
| Net Debt | -$95M |
