| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298.4K | $268.5K | $3.7K | 11.2% | 7998.6% |
| Op. Income | -$10M | -$9M | -$7M | -9.1% | -41.6% |
| Gross Margin | -199.1% | 100.0% | 100.0% | -299.1pp | -299.1pp |
| Net Margin | -3139.6% | -6430.3% | -345740.5% | 3290.7pp | 342600.9pp |
| EPS (Diluted) | $-0.10 | $-0.21 | $-0.20 | 52.4% | 50.0% |
| Free Cash Flow | -$3M | -$10M | -$7M | 67.8% | 51.4% |
| Item | Amount |
|---|---|
| REVENUE | $298.4K |
| Cost of Revenue | $892.7K |
| GROSS PROFIT | -$594.3K |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$10M |
| Interest Income | $989.0K |
| Interest Expense | $31.4K |
| Other Income/Expenses | $185.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $892.7K |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $892.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$404.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$114.2K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$58.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$588 |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $79M |
| Net Receivables | $125.1K |
| Inventory | $0 |
| Other Current Assets | $453.5K |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $580.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $220.3K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $108M |
| Account Payables | $2M |
| Short-Term Debt | $7M |
| Deferred Revenue | $619.0K |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $636.2K |
| TOTAL LIABILITIES | $41M |
| Common Stock | $255M |
| Additional Paid-In Capital | $59M |
| Retained Earnings | -$291M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $108M |
| Total Debt | $7M |
| Net Debt | -$6M |
