| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $174.0K | $174.0K | $84.0K | 0.0% | 107.1% |
| Op. Income | -$2M | -$4M | -$2M | 34.0% | -12.3% |
| Gross Margin | 87.7% | 91.1% | 80.5% | -3.4pp | 7.2pp |
| Net Margin | -1549.3% | -2177.6% | -2600.9% | 628.3pp | 1051.6pp |
| EPS (Diluted) | $-0.14 | $-0.21 | $-0.17 | 33.3% | 17.6% |
| Free Cash Flow | -$3M | -$4M | -$2M | 26.3% | -34.7% |
| Item | Amount |
|---|---|
| REVENUE | $174.0K |
| Cost of Revenue | $21.4K |
| GROSS PROFIT | $152.6K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $745.3K |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $2.8K |
| Interest Expense | $0 |
| Other Income/Expenses | -$222.5K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $21.4K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $21.4K |
| Stock-Based Compensation | $122.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $234.5K |
| Change in Working Capital | -$323.9K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$157.9K |
| NET CASH FROM INVESTING | -$157.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $165.4K |
| Net Receivables | $368.4K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $334.9K |
| Goodwill | $0 |
| Intangible Assets | $307.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $64.0K |
| TOTAL NON-CURRENT ASSETS | $706.8K |
| TOTAL ASSETS | $4M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $78.9K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $19.6K |
| Additional Paid-In Capital | $67M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | -$386.9K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $109.3K |
| Net Debt | -$2M |
