| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0K | $5.0K | $362.0K | 0.0% | -98.6% |
| Op. Income | -$25M | -$27M | -$23M | 7.4% | -9.9% |
| Gross Margin | 100.0% | 100.0% | -4979.6% | 0.0pp | 5079.6pp |
| Net Margin | -456900.0% | -492800.0% | -5710.2% | 35900.0pp | -451189.8pp |
| EPS (Diluted) | $-0.32 | $-0.35 | $-0.39 | 8.6% | 17.9% |
| Free Cash Flow | -$27M | -$18M | -$20M | -49.8% | -32.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5.0K |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$25M |
| Interest Income | $2M |
| Interest Expense | $6.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $37.0K |
| EBIT | -$23M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $37.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $135.0K |
| NET CASH FROM FINANCING | $266.0K |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $108M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $146M |
| PP&E (Net) | $446.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $148M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $676M |
| Retained Earnings | -$538M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $133M |
| Minority Interest | $0 |
| TOTAL EQUITY | $133M |
| TOTAL LIABILITIES & EQUITY | $148M |
| Total Debt | $2M |
| Net Debt | -$30M |
