| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0K | $5.0K | $5.0K | 0.0% | 0.0% |
| Op. Income | -$22M | -$25M | -$27M | 12.3% | 18.6% |
| Gross Margin | 100.0% | 100.0% | -2040.0% | 0.0pp | 2140.0pp |
| Net Margin | -391500.0% | -463600.0% | -487880.0% | 72100.0pp | 96380.0pp |
| EPS (Diluted) | $-0.26 | $-0.33 | $-0.34 | 21.2% | 23.5% |
| Free Cash Flow | -$17M | -$18M | -$16M | 7.8% | -3.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5.0K |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$22M |
| Interest Income | $2M |
| Interest Expense | $1.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$681.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $29.0K |
| EBIT | -$20M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $29.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$681.0K |
| Other Non-Cash Items | -$701.0K |
| Change in Working Capital | $73.0K |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $170.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$799.0K |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $101M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $384.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $157M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $728M |
| Retained Earnings | -$581M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $142M |
| Minority Interest | $0 |
| TOTAL EQUITY | $142M |
| TOTAL LIABILITIES & EQUITY | $157M |
| Total Debt | $2M |
| Net Debt | -$48M |
