| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$867.8K | -$763.9K | -$454.6K | -13.6% | -90.9% |
| EPS (Diluted) | $-0.05 | $0.02 | $0.05 | -328.5% | -192.0% |
| Free Cash Flow | -$1M | -$485.4K | -$388.4K | -124.0% | -179.9% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $272.8K |
| SG&A Expenses | $272.8K |
| Other Expenses | $595.0K |
| Operating Expenses | $867.8K |
| Cost & Expenses | $867.8K |
| OPERATING INCOME | -$867.8K |
| Interest Income | $391.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $392.6K |
| INCOME BEFORE TAX | -$475.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$475.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$475.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$475.2K |
| D&A | $0 |
| EBIT | -$867.8K |
| EBITDA | -$867.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$475.2K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$391.4K |
| Change in Working Capital | -$220.6K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100.7K |
| Sales/Maturities of Investments | $85M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $85M |
| Net Debt Issuance | $700.0K |
| Common Stock Repurchased | -$85M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$487.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $614.0K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $639.2K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $25M |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $576.6K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $25M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $3M |
| Net Debt | $3M |
