| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $4M | — | 73.0% | — |
| Op. Income | -$11M | -$48M | — | 77.5% | — |
| Gross Margin | -39.1% | -57.2% | — | 18.2pp | — |
| Net Margin | -230.7% | -56.4% | — | -174.3pp | — |
| EPS (Diluted) | $-0.94 | $-0.96 | — | 2.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $11M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$11M |
| Interest Income | $37.2K |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| 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 | $0 |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $46M |
| Account Payables | $566.0K |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $860.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $90.0K |
| Additional Paid-In Capital | $652M |
| Retained Earnings | -$592M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $496.0K |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $46M |
| Total Debt | $2M |
| Net Debt | $518.0K |
