| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $309.3K | $0 | -100.0% | — |
| Op. Income | -$27M | -$26M | -$22M | -2.9% | -21.0% |
| EPS (Diluted) | $-0.53 | $-0.41 | $-0.88 | -31.3% | 39.1% |
| Free Cash Flow | -$20M | -$17M | -$13M | -18.3% | -53.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$27M |
| Interest Income | $402.9K |
| Interest Expense | $304.4K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | -$229.9K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $0 |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$416.7K |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$47.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$127.3K |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $168M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $279M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $301M |
| Account Payables | $2M |
| Short-Term Debt | $639.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $748.0K |
| Additional Paid-In Capital | $703M |
| Retained Earnings | -$490M |
| Treasury Stock | -$8.9K |
| Accum. Other Comp. Income | $36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $250M |
| Minority Interest | $0 |
| TOTAL EQUITY | $250M |
| TOTAL LIABILITIES & EQUITY | $301M |
| Total Debt | $3M |
| Net Debt | -$101M |
