| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$24M | -$22M | -$20M | -9.7% | -22.0% |
| EPS (Diluted) | $-0.63 | $-0.58 | $-0.54 | -8.6% | -16.7% |
| Free Cash Flow | -$22M | -$18M | -$15M | -20.9% | -49.0% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $100.0K |
| GROSS PROFIT | -$100.0K |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$24M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $50.0K |
| EBIT | -$22M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $50.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$702.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$399.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $188M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $183M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $223M |
| Short-Term Investments | $169M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $882.0K |
| TOTAL CURRENT ASSETS | $398M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $50.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $400M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.0K |
| TOTAL NON-CURRENT LIABILITIES | $476.0K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $590M |
| Retained Earnings | -$202M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $154.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $388M |
| Minority Interest | $0 |
| TOTAL EQUITY | $388M |
| TOTAL LIABILITIES & EQUITY | $400M |
| Total Debt | $623.0K |
| Net Debt | -$223M |
