| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $696.0K | $400.0K | $278.0K | 74.0% | 150.4% |
| Op. Income | -$3M | -$6M | -$6M | 44.9% | 43.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -429.2% | -1485.5% | -2102.9% | 1056.3pp | 1673.7pp |
| EPS (Diluted) | $-1.07 | $-2.13 | $-0.21 | 49.8% | -409.5% |
| Item | Amount |
|---|---|
| REVENUE | $696.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $696.0K |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $577.0K |
| SG&A Expenses | $577.0K |
| Other Expenses | $18M |
| Operating Expenses | $22M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $424.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $0 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $13M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $455.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $30M |
| Account Payables | $735.0K |
| Short-Term Debt | $495.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $439.0K |
| TOTAL NON-CURRENT LIABILITIES | $935.0K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $774.0K |
| Additional Paid-In Capital | $259M |
| Retained Earnings | -$237M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $991.0K |
| Net Debt | -$10M |
