| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38.1K | $0 | $168.0K | — | -77.3% |
| Op. Income | -$705.1K | -$881.8K | -$372.0K | 20.0% | -89.5% |
| Gross Margin | 57.9% | — | 75.0% | — | -17.1pp |
| Net Margin | -2200.0% | — | -313.7% | — | -1886.3pp |
| EPS (Diluted) | $-0.14 | $-0.17 | $-0.09 | 17.6% | -48.3% |
| Item | Amount |
|---|---|
| REVENUE | $38.1K |
| Cost of Revenue | $16.0K |
| GROSS PROFIT | $22.1K |
| R&D Expenses | $142.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $584.7K |
| Other Expenses | $0 |
| Operating Expenses | $727.1K |
| Cost & Expenses | $743.2K |
| OPERATING INCOME | -$705.1K |
| Interest Income | $45.1K |
| Interest Expense | $225.7K |
| Other Income/Expenses | -$133.4K |
| INCOME BEFORE TAX | -$838.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$838.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$838.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$838.5K |
| D&A | $0 |
| EBIT | -$705.1K |
| EBITDA | -$705.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $215.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $534.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $8M |
| Account Payables | $130.0K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $635.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $24.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $24.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $102.0K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$19M |
| Treasury Stock | -$77.0K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | -$186.0K |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $1M |
| Net Debt | -$5M |
