| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $697.3K | — | 1455.1% | — |
| Op. Income | $105M | -$103M | — | 201.5% | — |
| Gross Margin | 96.0% | 30.0% | — | 66.0pp | — |
| Net Margin | 961.6% | -14832.1% | — | 15793.7pp | — |
| EPS (Diluted) | $0.62 | $-4.27 | — | 114.5% | — |
| Free Cash Flow | -$7M | -$2M | — | -316.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $430.6K |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$107M |
| Operating Expenses | -$95M |
| Cost & Expenses | -$94M |
| OPERATING INCOME | $105M |
| Interest Income | $118.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $118.9K |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $792.3K |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $22.9K |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $2.1K |
| EBIT | $105M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $430.6K |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$107M |
| Operating Expenses | -$95M |
| Cost & Expenses | -$94M |
| OPERATING INCOME | $105M |
| Interest Income | $118.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $118.9K |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $792.3K |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $22.9K |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $2.1K |
| EBIT | $105M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $104M |
| Depreciation & Amortization | $2.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$114M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$5.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $84M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $2.6B |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $27M |
| Net Receivables | $339.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $7.9K |
| Goodwill | $0 |
| Intangible Assets | $9.5K |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5M |
| Common Stock | $19.4K |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$78M |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $0 |
| Net Debt | -$11M |
