| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$20M | -$26M | -$17M | 23.3% | -17.0% |
| EPS (Diluted) | $-0.18 | $-0.26 | $-0.22 | 30.8% | 18.2% |
| Free Cash Flow | -$17M | -$22M | -$16M | 20.8% | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $8.0K |
| GROSS PROFIT | -$8.0K |
| R&D Expenses | $13M |
| Selling & Marketing | $167.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$120.0K |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$20M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $8.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $8.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$644.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $911.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $143M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $159M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $483.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $569M |
| Retained Earnings | -$422M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $49.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147M |
| Minority Interest | $0 |
| TOTAL EQUITY | $147M |
| TOTAL LIABILITIES & EQUITY | $159M |
| Total Debt | $1M |
| Net Debt | -$8M |
