Financial Data and Key Metrics Changes - In Q3 2025, the company incurred $3 million in general and administrative expenses, which included $1 million related to evaluating potential transactions [5] - The company earned $2 million in interest income and generated a modest operating profit, excluding non-cash and transaction-related expenses, reflecting the positive impact of streamlining initiatives [5] - The company closed the quarter with $218 million in cash, cash equivalents, and marketable securities, a decrease of $1 million from the prior quarter [5] Business Line Data and Key Metrics Changes - The company completed its previously announced plan of reorganization, which protects its considerable tax assets [4] - The acquisition pipeline was broadened during the quarter, with collaboration with advisors to evaluate opportunities [6] Market Data and Key Metrics Changes - No specific market data or key metrics changes were provided in the call [8] Company Strategy and Development Direction - The company remains well-positioned to execute its acquisition strategy articulated in prior earnings calls [4] - There is optimism about strategic opportunities enhanced by strong relationships with VC partners [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the acquisition strategy and the growing array of prospects [6] - The company looks forward to sharing more detailed updates with shareholders in the coming quarters [7] Other Important Information - The call included a disclaimer regarding forward-looking statements and the nature of financial measures discussed [2] Summary of Q&A Session - There was no question and answer session at the conclusion of the call [8]