| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $10M | $0 | -100.0% | — |
| Op. Income | -$59M | -$39M | -$44M | -52.0% | -32.9% |
| EPS (Diluted) | $-0.22 | $-0.24 | $-0.26 | 8.3% | 15.4% |
| Free Cash Flow | -$52M | -$41M | -$43M | -26.5% | -22.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $414.0K |
| Operating Expenses | $59M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$59M |
| Interest Income | $10M |
| Interest Expense | $10M |
| Other Income/Expenses | $708.0K |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | $51.0K |
| Net Income from Continuing Ops | -$58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$58M |
| D&A | $4M |
| EBIT | -$48M |
| EBITDA | -$44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $74.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$841.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$841.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $707M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $938.0K |
| TOTAL CURRENT ASSETS | $757M |
| PP&E (Net) | $91M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $854M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $239M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $415.0K |
| TOTAL NON-CURRENT LIABILITIES | $285M |
| TOTAL LIABILITIES | $326M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$990M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $528M |
| Minority Interest | $0 |
| TOTAL EQUITY | $528M |
| TOTAL LIABILITIES & EQUITY | $854M |
| Total Debt | $289M |
| Net Debt | -$418M |
