| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$58M | -$58M | -$63M | -1.4% | 7.1% |
| EPS (Diluted) | $-0.35 | $-0.35 | $-0.37 | 0.0% | 5.4% |
| Free Cash Flow | -$48M | -$47M | -$50M | -2.8% | 4.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$58M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$970.0K |
| INCOME BEFORE TAX | -$59M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$59M |
| D&A | $9.0K |
| EBIT | -$57M |
| EBITDA | -$57M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$59M |
| Depreciation & Amortization | $9.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $870.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | $16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$137.0K |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $184.0K |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $191M |
| PP&E (Net) | $457.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53.0K |
| TOTAL NON-CURRENT ASSETS | $510.0K |
| TOTAL ASSETS | $191M |
| Account Payables | $3M |
| Short-Term Debt | $284.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $193.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1.3B |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $0 |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $191M |
| Total Debt | $477.0K |
| Net Debt | -$182M |
