| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $500.0K | $0 | — | — | — |
| Op. Income | -$3M | -$1M | — | -144.5% | — |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -60892.6% | — | — | — | — |
| EPS (Diluted) | $-2.45 | $-0.01 | — | -25689.5% | — |
| Free Cash Flow | -$8M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $500.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $500.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $878.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$284M |
| INCOME BEFORE TAX | -$287M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | -$304M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$304M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$304M |
| D&A | $0 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$304M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $285M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $289M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $282M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $282M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $328M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $330M |
| TOTAL ASSETS | $617M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $1M |
| Additional Paid-In Capital | $917M |
| Retained Earnings | -$318M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $590M |
| Minority Interest | $0 |
| TOTAL EQUITY | $590M |
| TOTAL LIABILITIES & EQUITY | $617M |
| Total Debt | $0 |
| Net Debt | -$282M |
