| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $22.0K | $22.0K | -100.0% | -100.0% |
| Op. Income | -$71M | -$70M | -$81M | -2.8% | 11.3% |
| EPS (Diluted) | $-0.35 | $-0.38 | $-0.54 | 7.9% | 35.2% |
| Free Cash Flow | -$64M | -$56M | -$62M | -13.7% | -2.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $5M |
| Operating Expenses | $71M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$71M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$66M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$66M |
| D&A | $4M |
| EBIT | -$66M |
| EBITDA | -$63M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $75M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | -$64M |
| Net Change in Cash | $120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $274M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $457M |
| PP&E (Net) | $150M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $190M |
| TOTAL ASSETS | $647M |
| Account Payables | $13M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$7M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $132M |
| Common Stock | $209.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$780.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $515M |
| Minority Interest | $0 |
| TOTAL EQUITY | $515M |
| TOTAL LIABILITIES & EQUITY | $647M |
| Total Debt | $94M |
| Net Debt | -$76M |
