| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $22.0K | — | -100.0% |
| Op. Income | -$65M | -$60M | -$70M | -7.8% | 6.2% |
| EPS (Diluted) | $-0.28 | $-0.28 | $-0.38 | 0.0% | 26.3% |
| Free Cash Flow | -$53M | -$37M | -$56M | -43.5% | 5.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | -$3M |
| Operating Expenses | $62M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$65M |
| Interest Income | $6M |
| Interest Expense | $150.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$60M |
| D&A | $3M |
| EBIT | -$60M |
| EBITDA | -$56M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$60M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$176.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$99.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $238M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $127M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $56M |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $216M |
| TOTAL ASSETS | $508M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $219.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $43.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $385M |
| Minority Interest | $0 |
| TOTAL EQUITY | $385M |
| TOTAL LIABILITIES & EQUITY | $508M |
| Total Debt | $81M |
| Net Debt | $39M |
