| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $7M | 7.7% | 4.2% |
| Op. Income | -$2M | $6M | $2M | -131.2% | -177.2% |
| Gross Margin | 98.6% | 83.9% | 63.9% | 14.7pp | 34.7pp |
| Net Margin | -64.9% | 59.8% | 34.9% | -124.7pp | -99.8pp |
| EPS (Diluted) | $-2.38 | $2.04 | $1.22 | -216.7% | -295.1% |
| Free Cash Flow | -$2M | -$13M | -$66M | 83.8% | 96.9% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $102.1K |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $750M |
| SG&A Expenses | $750M |
| Other Expenses | -$741M |
| Operating Expenses | $9M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $423.4K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $0 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $19.6B |
| Other Investing Activities | -$19.6B |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$182.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$4M |
