| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $263M | — | -100.0% |
| Op. Income | -$5M | -$8M | $13M | 37.5% | -138.5% |
| EPS (Diluted) | $-22.11 | $-1.08 | $2.03 | -1947.2% | -1189.2% |
| Free Cash Flow | -$231M | $101M | -$63M | -328.7% | -266.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$4.1B |
| INCOME BEFORE TAX | -$4.1B |
| Income Tax Expense | -$923M |
| Net Income from Continuing Ops | -$3.2B |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | -$3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.2B |
| D&A | $0 |
| EBIT | -$4.1B |
| EBITDA | -$4.1B |
| EPS | -$22 |
| EPS Diluted | -$22 |
| Item | Amount |
|---|---|
| Net Income | -$3.2B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$923M |
| Other Non-Cash Items | $4.0B |
| Change in Working Capital | -$114M |
| OPERATING CASH FLOW | -$231M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $300M |
| NET CASH FROM INVESTING | $300M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | -$231M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $103M |
| PP&E (Net) | $0 |
| Goodwill | $29.7B |
| Intangible Assets | $67.9B |
| Long-Term Investments | $8.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$97.6B |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $0 |
| Short-Term Debt | $956M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $987M |
| Long-Term Debt | $790M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $200M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
