| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $29.0K | $10M | 30872.4% | -11.0% |
| Op. Income | -$65M | -$241M | -$39M | 73.0% | -68.3% |
| Gross Margin | -99.9% | -476810.3% | 82.1% | 476710.5pp | -182.0pp |
| Net Margin | -781.1% | -95193.1% | -522.1% | 94412.0pp | -259.0pp |
| EPS (Diluted) | $-0.26 | $-0.10 | $-0.24 | -160.0% | -8.3% |
| Free Cash Flow | -$84M | -$62M | -$41M | -35.6% | -104.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $18M |
| GROSS PROFIT | -$9M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $74M |
| OPERATING INCOME | -$65M |
| Interest Income | $6M |
| Interest Expense | $10M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $2M |
| EBIT | -$58M |
| EBITDA | -$56M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $487.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | -$76M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$84M |
| Net Change in Cash | -$132M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $421M |
| Net Receivables | $14M |
| Inventory | $15M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $616M |
| PP&E (Net) | $114M |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $131M |
| TOTAL ASSETS | $746M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $253M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $444.0K |
| TOTAL NON-CURRENT LIABILITIES | $309M |
| TOTAL LIABILITIES | $375M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $118.0K |
| TOTAL STOCKHOLDERS' EQUITY | $371M |
| Minority Interest | $0 |
| TOTAL EQUITY | $371M |
| TOTAL LIABILITIES & EQUITY | $746M |
| Total Debt | $311M |
| Net Debt | $215M |
