| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40.0K | $273.0K | — | -85.3% | — |
| Op. Income | -$23M | -$26M | — | 12.2% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -65715.0% | -20993.4% | — | -44721.6pp | — |
| EPS (Diluted) | $-0.16 | $-0.36 | — | 55.6% | — |
| Free Cash Flow | -$19M | -$16M | — | -20.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $40.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $40.0K |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$23M |
| Interest Income | $160.0K |
| Interest Expense | $783.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$178.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $25.0K |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $83.0K |
| EBIT | -$26M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $83.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $86M |
| Sales/Maturities of Investments | -$58M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$55.8K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $56M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $114M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $79M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $83M |
| TOTAL ASSETS | $198M |
| Account Payables | $5M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $257.0K |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $19M |
| Additional Paid-In Capital | $808M |
| Retained Earnings | -$661M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $596.0K |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $198M |
| Total Debt | $24M |
| Net Debt | -$6M |
