| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | — | $0 | — | — |
| Op. Income | -$4M | — | -$825.7K | — | -406.1% |
| Gross Margin | 10.7% | — | — | — | — |
| Net Margin | -14.6% | — | — | — | — |
| EPS (Diluted) | $-0.12 | — | $0.07 | — | -277.0% |
| Free Cash Flow | -$3M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $250.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$4M |
| Interest Income | $925.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $926.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $0 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $106.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$34.0K |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$300.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $114M |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $7M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $120M |
| PP&E (Net) | $159.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $790.0K |
| TOTAL NON-CURRENT ASSETS | $949.0K |
| TOTAL ASSETS | $121M |
| Account Payables | $10M |
| Short-Term Debt | $101.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $112M |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $121M |
| Total Debt | $101.0K |
| Net Debt | -$109M |
