| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$26M | -$32M | -$35M | 18.4% | 25.5% |
| EPS (Diluted) | $-0.47 | $-0.43 | $-0.56 | -9.3% | 16.1% |
| Free Cash Flow | -$18M | -$22M | -$32M | 15.8% | 42.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $2M |
| EBIT | -$18M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $240.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$11.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $491.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $34M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $114M |
| TOTAL ASSETS | $186M |
| Account Payables | $12M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $160M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $157M |
| TOTAL NON-CURRENT LIABILITIES | $325M |
| TOTAL LIABILITIES | $406M |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $779M |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$220M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$220M |
| TOTAL LIABILITIES & EQUITY | $186M |
| Total Debt | $192M |
| Net Debt | $189M |
