| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $7M | — | -100.0% |
| Op. Income | -$25M | -$20M | -$19M | -27.3% | -31.3% |
| EPS (Diluted) | $-0.34 | $-0.26 | $-0.67 | -30.8% | 49.3% |
| Free Cash Flow | -$17M | -$15M | -$15M | -12.1% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $1.0K |
| GROSS PROFIT | -$1.0K |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $5.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$25M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $1.0K |
| EBIT | -$25M |
| EBITDA | -$25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $25.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$363.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $108M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $149M |
| PP&E (Net) | $3.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $151M |
| Account Payables | $917.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $15M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $489M |
| Retained Earnings | -$353M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $120.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $136M |
| Minority Interest | $0 |
| TOTAL EQUITY | $136M |
| TOTAL LIABILITIES & EQUITY | $151M |
| Total Debt | $0 |
| Net Debt | -$38M |
