| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | — | — | — | — |
| Op. Income | $4M | — | — | — | — |
| Gross Margin | 95.3% | — | — | — | — |
| Net Margin | -34.9% | — | — | — | — |
| EPS (Diluted) | $-1.74 | — | — | — | — |
| Free Cash Flow | -$101M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $50M |
| Operating Expenses | $66M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $4M |
| Interest Income | $4M |
| Interest Expense | $40M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | -$101M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $27M |
| EBIT | -$61M |
| EBITDA | -$34M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$93M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $185.6K |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $47M |
| Common Stock Repurchased | -$87.7K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$143.2K |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | -$101M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $353M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $614M |
| PP&E (Net) | $1.9B |
| Goodwill | $1.9B |
| Intangible Assets | $337M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $311M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $82M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $851M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $50M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $330M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $487M |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.4B |
| Net Debt | $2.1B |
