| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190.4K | $159.4K | — | 19.5% | — |
| Op. Income | -$4M | -$4M | — | -2.4% | — |
| Gross Margin | -160.0% | -304.5% | — | 144.5pp | — |
| Net Margin | -8862.7% | -3627.8% | — | -5234.9pp | — |
| EPS (Diluted) | $-0.39 | $-0.20 | — | -95.0% | — |
| Free Cash Flow | -$5M | -$3M | — | -64.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $190.4K |
| Cost of Revenue | $495.1K |
| GROSS PROFIT | -$304.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $96.6K |
| Interest Expense | -$5.1K |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $244.1K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $244.1K |
| Stock-Based Compensation | $165.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$519.6K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$375.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $302.5K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23.6K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $1M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $116.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $14M |
| Account Payables | $1M |
| Short-Term Debt | $165.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $5.4K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$43M |
| Treasury Stock | -$17 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $165.0K |
| Net Debt | -$1M |
