| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$36M | -$36M | -$22M | 0.8% | -60.6% |
| EPS (Diluted) | $-0.86 | $-0.85 | $-0.64 | -1.2% | -34.4% |
| Free Cash Flow | -$36M | -$28M | -$17M | -29.1% | -109.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$36M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$864.0K |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $37.0K |
| EBIT | -$34M |
| EBITDA | -$34M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $37.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$147.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$60.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $189M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $530.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $530.0K |
| TOTAL ASSETS | $218M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $99M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $395M |
| Retained Earnings | -$309M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $87M |
| Minority Interest | $0 |
| TOTAL EQUITY | $87M |
| TOTAL LIABILITIES & EQUITY | $218M |
| Total Debt | $99M |
| Net Debt | $82M |
