| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | -$665.0K | $89M | 100.0% | -100.0% |
| Op. Income | -$38M | -$41M | -$122M | 7.0% | 69.0% |
| EPS (Diluted) | $-0.42 | $-0.55 | $-1.75 | 23.6% | 76.0% |
| Free Cash Flow | -$40M | -$59M | -$556.0K | 32.5% | -7064.6% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$38M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $156.0K |
| EBIT | -$38M |
| EBITDA | -$38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $156.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $168.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$11.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $66M |
| Common Stock Repurchased | -$885.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $970.0K |
| NET CASH FROM FINANCING | $66M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $144M |
| Net Receivables | $300.0K |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $220M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $327.0K |
| TOTAL LIABILITIES | $18M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $844M |
| Retained Earnings | -$643M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $201M |
| Minority Interest | $0 |
| TOTAL EQUITY | $201M |
| TOTAL LIABILITIES & EQUITY | $220M |
| Total Debt | $1M |
| Net Debt | -$58M |
