| Line Item | 2025-12-31 | Y/Y |
|---|---|---|
| Revenue | $113.3M | +668.3% |
| Cost of Revenue | $753K | — |
| Operating Income | -$256.0M | +25.6% |
| Interest Expense | $60.9M | -46.9% |
| Pre-tax Income | -$351.6M | +15.0% |
| Income Tax | -$135K | — |
| Net Income | -$351.4M | +15.0% |
| EPS (Basic) | -$0.38 | +35.6% |
| EPS (Diluted) | -$0.38 |
| Line Item | 2025-12-31 | Y/Y |
|---|---|---|
| Cash & Equivalents | $88.3M | -38.4% |
| Short-term Investments | $154.5M | +2321.0% |
| Accounts Receivable | $42.6M | +1703.9% |
| Inventory | $910K | -89.0% |
| Current Assets | $314.9M | +70.6% |
| Total Assets | $501.9M | +31.1% |
| Current Liabilities | $61.8M | +12.4% |
| Line Item | 2025-12-31 | Y/Y |
|---|---|---|
| Operating Cash Flow | -$304.9M | +22.1% |
| Capital Expenditures | $3.8M | -44.2% |
| Investing Cash Flow | -$149.8M | -1123.3% |
| Financing Cash Flow | $400.2M | +42.1% |
| Free Cash Flow | -$308.8M | +22.4% |
| +38.7% |
| Total Liabilities |
| $1.00B |
| +15.0% |
| Stockholders' Equity | -$500.5M | -2.3% |