| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$49M | -$48M | -$40M | -2.8% | -23.8% |
| EPS (Diluted) | $-0.53 | $-0.48 | $-0.80 | -10.4% | 33.8% |
| Free Cash Flow | -$54M | -$34M | -$30M | -61.3% | -81.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $467.0K |
| GROSS PROFIT | -$467.0K |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$49M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$384.0K |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $467.0K |
| EBIT | -$49M |
| EBITDA | -$49M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | -$28.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$565.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $47M |
| Net Debt Issuance | -$203.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $229.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $128M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $205M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $768.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $223.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $233M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $53M |
| Common Stock | $79.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$958M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $52.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $180M |
| Minority Interest | $0 |
| TOTAL EQUITY | $180M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $21M |
| Net Debt | -$40M |
