| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | — | — | — |
| Op. Income | -$34M | — | — | — | — |
| Gross Margin | -231.1% | — | — | — | — |
| Net Margin | -386.0% | — | — | — | — |
| EPS (Diluted) | $-0.21 | — | — | — | — |
| Free Cash Flow | -$15M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $23M |
| GROSS PROFIT | -$16M |
| R&D Expenses | $7M |
| Selling & Marketing | $2M |
| General & Administrative | $9M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$34M |
| Interest Income | -$4M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $59.0K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $2M |
| EBIT | -$21M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$287.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $241.0K |
| Other Investing Activities | -$183.0K |
| NET CASH FROM INVESTING | -$441.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$285.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $22M |
| Other Current Assets | $393.0K |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $6M |
| Goodwill | $134M |
| Intangible Assets | $437M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $580M |
| TOTAL ASSETS | $785M |
| Account Payables | $19M |
| Short-Term Debt | $54M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $68M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $85M |
| TOTAL LIABILITIES | $187M |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $597M |
| Minority Interest | $0 |
| TOTAL EQUITY | $597M |
| TOTAL LIABILITIES & EQUITY | $785M |
| Total Debt | $128M |
| Net Debt | -$33M |
