| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$10M | -$12M | -$15M | 11.3% | 31.9% |
| EPS (Diluted) | $-1.57 | $-1.86 | $-2.36 | 15.6% | 33.5% |
| Free Cash Flow | -$9M | -$11M | -$12M | 11.5% | 22.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $291.0K |
| GROSS PROFIT | -$291.0K |
| R&D Expenses | $7M |
| Selling & Marketing | $431.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$643.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$10M |
| Interest Income | $105.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$316.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $291.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $291.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $147.6K |
| Change in Working Capital | -$338.6K |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $526.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13.8K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$595.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $7M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $965.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $20M |
| Account Payables | $894.0K |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $256M |
| Retained Earnings | -$246M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $8M |
| Net Debt | $5M |
