| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | — | — | — | — |
| Op. Income | -$8M | — | — | — | — |
| Gross Margin | 92.1% | — | — | — | — |
| Net Margin | -44.0% | — | — | — | — |
| EPS (Diluted) | $-0.41 | — | — | — | — |
| Free Cash Flow | -$632M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $80M |
| Operating Expenses | $139M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$8M |
| Interest Income | $332M |
| Interest Expense | $213M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | -$59M |
| Income Tax Expense | -$23M |
| NET INCOME | -$36M |
| D&A | $0 |
| EBIT | -$63M |
| EBITDA | -$63M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$55M |
| Change in Working Capital | -$525M |
| OPERATING CASH FLOW | -$616M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $412M |
| NET CASH FROM INVESTING | $412M |
| Net Debt Issuance | $412M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $525.8K |
| Other Financing Activities | $326M |
| NET CASH FROM FINANCING | $738M |
| FREE CASH FLOW | -$632M |
| Net Change in Cash | -$844M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $58M |
| Goodwill | $54M |
| Intangible Assets | $102M |
| Long-Term Investments | $3.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $679M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $0 |
| Short-Term Debt | $570M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $570M |
| Long-Term Debt | $186M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $328.1K |
| Additional Paid-In Capital | $561M |
| Retained Earnings | -$20M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | $180M |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $614M |
| Minority Interest | $482.4K |
| TOTAL EQUITY | $614M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $260M |
| Net Debt | -$1.0B |
