| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$8M | $10M | -$11M | -181.1% | 31.4% |
| EPS (Diluted) | $0.02 | $-0.37 | $-0.14 | 106.2% | 116.3% |
| Free Cash Flow | -$10M | -$8M | -$16M | -12.3% | 39.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$8M |
| Interest Income | $366.6K |
| Interest Expense | $295.7K |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $73.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$46.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $403.1K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $64M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $328.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $69M |
| TOTAL ASSETS | $127M |
| Account Payables | $6M |
| Short-Term Debt | $13M |
| Deferred Revenue | $135.1K |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $364.4K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $69M |
| Common Stock | $319M |
| Additional Paid-In Capital | $27M |
| Retained Earnings | -$291M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $127M |
| Total Debt | $14M |
| Net Debt | -$40M |
