| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$12M | -$9M | -$18M | -34.2% | 36.9% |
| EPS (Diluted) | $-0.35 | $-0.25 | $-0.56 | -40.0% | 37.5% |
| Free Cash Flow | -$11M | -$5M | -$18M | -101.5% | 39.6% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$12M |
| Interest Income | $888.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $888.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $0 |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$443.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $65.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $47M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $300.0K |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $304.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $81M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $369.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $0 |
| Additional Paid-In Capital | $290M |
| Retained Earnings | -$216M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $48.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $0 |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $0 |
| Net Debt | -$20M |
