| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198.0K | $384.0K | $62.0K | -48.4% | 219.4% |
| Op. Income | -$22M | -$10M | -$9M | -113.5% | -149.2% |
| Gross Margin | -49.5% | 32.8% | -1971.0% | -82.3pp | 1921.5pp |
| Net Margin | -785.9% | 620.3% | -82640.3% | -1406.2pp | 81854.5pp |
| EPS (Diluted) | $-0.01 | $0.01 | $-0.55 | -150.3% | 98.7% |
| Free Cash Flow | -$12M | -$12M | -$7M | -5.7% | -83.3% |
| Item | Amount |
|---|---|
| REVENUE | $198.0K |
| Cost of Revenue | $296.0K |
| GROSS PROFIT | -$98.0K |
| R&D Expenses | $7M |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $55.0K |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | $31.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$737M |
| Sales/Maturities of Investments | $416M |
| Other Investing Activities | -$7.0K |
| NET CASH FROM INVESTING | -$322M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $719M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $385M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $738M |
| Short-Term Investments | $379M |
| Net Receivables | $5M |
| Inventory | $352.0K |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $15M |
| Goodwill | $56M |
| Intangible Assets | $7M |
| Long-Term Investments | $403M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $485M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $778.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $395.0K |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$219M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $905.0K |
| Other Equity | $1.8B |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $2M |
| Net Debt | -$736M |
