| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$110M | -$96M | -$77M | -13.9% | -41.7% |
| EPS (Diluted) | $-1.31 | $-1.15 | $-0.84 | -13.9% | -56.0% |
| Free Cash Flow | -$82M | -$72M | -$55M | -13.6% | -48.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $611.0K |
| GROSS PROFIT | -$611.0K |
| R&D Expenses | $88M |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | -$611.0K |
| Operating Expenses | $109M |
| Cost & Expenses | $110M |
| OPERATING INCOME | -$110M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$105M |
| Income Tax Expense | $538.0K |
| Net Income from Continuing Ops | -$105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$105M |
| D&A | $611.0K |
| EBIT | -$105M |
| EBITDA | -$104M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$105M |
| Depreciation & Amortization | $611.0K |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$81M |
| Capital Expenditure | -$318.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $337M |
| Other Investing Activities | -$213M |
| NET CASH FROM INVESTING | $63M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$191.8K |
| NET CASH FROM FINANCING | $114M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | $95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $350M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $561M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $37M |
| Tax Assets | $361M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $421M |
| TOTAL ASSETS | $982M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $349M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $358M |
| TOTAL LIABILITIES | $400M |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $228M |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $335.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $582M |
| Minority Interest | $0 |
| TOTAL EQUITY | $582M |
| TOTAL LIABILITIES & EQUITY | $982M |
| Total Debt | $8M |
| Net Debt | -$191M |
