| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$26M | -$24M | -$19M | -7.8% | -38.6% |
| EPS (Diluted) | $-0.49 | $-0.63 | $-0.47 | 22.2% | -4.3% |
| Free Cash Flow | -$19M | -$22M | -$16M | 13.0% | -18.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $60.0K |
| GROSS PROFIT | -$60.0K |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$26M |
| Interest Income | -$7M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| 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 | $60.0K |
| EBIT | -$26M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $865.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$793.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$205M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $438.0K |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$148M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $298M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $382M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $383.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $385M |
| Account Payables | $3M |
| Short-Term Debt | $172.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $424.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0K |
| TOTAL NON-CURRENT LIABILITIES | $426.0K |
| TOTAL LIABILITIES | $16M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $593M |
| Retained Earnings | -$224M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $286.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $369M |
| Minority Interest | $0 |
| TOTAL EQUITY | $369M |
| TOTAL LIABILITIES & EQUITY | $385M |
| Total Debt | $596.0K |
| Net Debt | -$75M |
