| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | — | — | — | — |
| Op. Income | -$130M | — | — | — | — |
| Gross Margin | 70.6% | — | — | — | — |
| Net Margin | -81.9% | — | — | — | — |
| EPS (Diluted) | $-0.47 | — | — | — | — |
| Free Cash Flow | -$1.0B | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $103M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $188M |
| Operating Expenses | $233M |
| Cost & Expenses | $276M |
| OPERATING INCOME | -$130M |
| Interest Income | $6M |
| Interest Expense | $15M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$120M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | -$120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$120M |
| D&A | $99M |
| EBIT | -$120M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$120M |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$200.0K |
| Other Non-Cash Items | -$100.0K |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | -$956M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$952M |
| Net Debt Issuance | $3.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$111M |
| NET CASH FROM FINANCING | $4.2B |
| FREE CASH FLOW | -$1.0B |
| Net Change in Cash | $3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $0 |
| Net Receivables | $237M |
| Inventory | $0 |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $3.8B |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $857M |
| Tax Assets | $9M |
| Other Non-Current Assets | $186M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $651M |
| Short-Term Debt | $16M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $795M |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $3.6B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $4.6B |
| Net Debt | -$226M |
