| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247.1K | $0 | $7M | — | -96.3% |
| Op. Income | $1M | -$8M | -$8M | 115.5% | 114.2% |
| Gross Margin | -11.6% | — | 40.4% | — | -51.9pp |
| Net Margin | 588.3% | — | -128.2% | — | 716.5pp |
| EPS (Diluted) | $0.09 | $-0.50 | $-0.58 | 117.8% | 115.3% |
| Free Cash Flow | -$5M | -$5M | -$4M | -0.2% | -24.0% |
| Item | Amount |
|---|---|
| REVENUE | $247.1K |
| Cost of Revenue | $28.6K |
| GROSS PROFIT | -$28.6K |
| R&D Expenses | $3M |
| Selling & Marketing | -$9M |
| General & Administrative | $14M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $137.3K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $149.4K |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $28.6K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $28.6K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $163.2K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$4 |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $784.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $3M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $595.3K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $930.8K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $30M |
| Account Payables | $3M |
| Short-Term Debt | $758.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$364.4K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $148.7K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | -$317M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $3M |
| Net Debt | -$13M |
