| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$53M | -$55M | -$41M | 4.7% | -28.3% |
| EPS (Diluted) | $-1.22 | $-1.25 | $-0.92 | 2.4% | -32.6% |
| Free Cash Flow | -$41M | -$42M | -$31M | 1.5% | -32.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $5M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $53M |
| OPERATING INCOME | -$53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $11.0K |
| EBIT | -$51M |
| EBITDA | -$51M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $11.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $104M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | $40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $72M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $175M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $297M |
| PP&E (Net) | $857.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $322M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $721M |
| Retained Earnings | -$525M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $196M |
| Minority Interest | $0 |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $322M |
| Total Debt | $798.0K |
| Net Debt | -$115M |
