| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$10.1K | $144.9K | $33.5K | -107.0% | -130.1% |
| Op. Income | -$2M | -$5M | -$14M | 50.9% | 83.8% |
| Gross Margin | 100.8% | 63.4% | 23.6% | 37.4pp | 77.2pp |
| Net Margin | 48863.9% | 949.0% | -2767.9% | 47914.9pp | 51631.8pp |
| EPS (Diluted) | $-0.11 | $0.03 | $-0.03 | -466.7% | -329.7% |
| Free Cash Flow | -$4M | -$4M | -$6M | 16.0% | 35.9% |
| Item | Amount |
|---|---|
| REVENUE | -$10.1K |
| Cost of Revenue | $58 |
| GROSS PROFIT | -$10.2K |
| R&D Expenses | $163.5K |
| Selling & Marketing | -$56.3K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$1M |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $379.8K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $211.4K |
| EBIT | $713.7K |
| EBITDA | $925.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $211.4K |
| Stock-Based Compensation | $587.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$367.0K |
| Change in Working Capital | $778.8K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$22.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14.2K |
| NET CASH FROM INVESTING | -$22.4K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$937.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133.9K |
| Short-Term Investments | $0 |
| Net Receivables | $139.8K |
| Inventory | $10M |
| Other Current Assets | $1.7K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $91.8K |
| Goodwill | $5M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34.3K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $28M |
| Account Payables | $4M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $216M |
| Retained Earnings | -$224M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$10M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$10M |
| TOTAL LIABILITIES & EQUITY | $28M |
| Total Debt | $20M |
| Net Debt | $20M |
