| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$2M | -$1M | -$4M | -18.3% | 62.2% |
| EPS (Diluted) | $-3.26 | $-2.10 | $-7.73 | -55.2% | 57.8% |
| Free Cash Flow | -$5M | -$1M | -$2M | -296.2% | -204.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $39.5K |
| GROSS PROFIT | -$39.5K |
| R&D Expenses | $508.1K |
| Selling & Marketing | $6.4K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$39.5K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| 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 | $39.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $39.5K |
| Stock-Based Compensation | $12.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$33.8K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$31.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $762.4K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $968.0K |
| PP&E (Net) | $504.5K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $4M |
| Account Payables | $383.0K |
| Short-Term Debt | $129.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $238.6K |
| TOTAL CURRENT LIABILITIES | $751.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $479.7K |
| TOTAL NON-CURRENT LIABILITIES | $842.7K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $116 |
| Additional Paid-In Capital | $113M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $492.4K |
| Net Debt | -$270.0K |
