| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$99M | -$75M | -$37M | -32.2% | -169.6% |
| EPS (Diluted) | $-0.81 | $-0.58 | $-0.22 | -39.7% | -268.2% |
| Free Cash Flow | -$94M | -$47M | -$22M | -99.7% | -328.0% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $114.0K |
| GROSS PROFIT | -$114.0K |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $99M |
| OPERATING INCOME | -$99M |
| Interest Income | $8M |
| Interest Expense | $8.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$91M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $114.0K |
| EBIT | -$99M |
| EBITDA | -$98M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $114.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$94M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $181M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $160M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $480.0K |
| FREE CASH FLOW | -$94M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $614M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $739M |
| PP&E (Net) | $666.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $46.0K |
| TOTAL NON-CURRENT ASSETS | $712.0K |
| TOTAL ASSETS | $739M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $318.0K |
| TOTAL LIABILITIES | $26M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$690M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $374.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $713M |
| Minority Interest | $0 |
| TOTAL EQUITY | $713M |
| TOTAL LIABILITIES & EQUITY | $739M |
| Total Debt | $755.0K |
| Net Debt | -$100M |
