Reported March 13, 2026
| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | — | — | — |
| Op. Income | -$242.4K | -$337.5K | — | 28.2% | — |
| EPS (Diluted) | $0.07 | $0.07 | — | -4.3% | — |
| Free Cash Flow | $141.7K | -$721.7K | — | 119.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242.4K |
| Other Expenses | $0 |
| Operating Expenses | $242.4K |
| Cost & Expenses | $242.4K |
| OPERATING INCOME | -$242.4K |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | -$242.4K |
| EBITDA | -$242.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $384.1K |
| OPERATING CASH FLOW | $141.6K |
| Capital Expenditure | $3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4.5K |
| NET CASH FROM INVESTING | -$4.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $44.6K |
| NET CASH FROM FINANCING | -$230.4K |
| FREE CASH FLOW | $141.7K |
| Net Change in Cash | -$93.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0K |
| Short-Term Investments | $0 |
| Net Receivables | $4.5K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $428.1K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $248M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $248M |
| TOTAL ASSETS | $249M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $40.1K |
| TOTAL CURRENT LIABILITIES | $40.1K |
| Long-Term Debt | $250.0K |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $248M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $238M |
| Minority Interest | $0 |
| TOTAL EQUITY | $238M |
| TOTAL LIABILITIES & EQUITY | $249M |
| Total Debt | $250.0K |
| Net Debt | $246.0K |