| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $52.0K | $111.0K | -100.0% | -100.0% |
| Op. Income | -$49M | -$42M | -$26M | -15.5% | -88.5% |
| EPS (Diluted) | $-0.54 | $-0.45 | $-0.28 | -20.0% | -92.9% |
| Free Cash Flow | -$28M | -$29M | -$16M | 4.5% | -73.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $156.0K |
| GROSS PROFIT | -$156.0K |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$49M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $156.0K |
| EBIT | -$41M |
| EBITDA | -$41M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $156.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$14.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$168M |
| Sales/Maturities of Investments | $170M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$296.0K |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $646M |
| Net Receivables | $562.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $673M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $701M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $241.0K |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $706.0K |
| TOTAL LIABILITIES | $31M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $964M |
| Retained Earnings | -$294M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $670M |
| Minority Interest | $0 |
| TOTAL EQUITY | $670M |
| TOTAL LIABILITIES & EQUITY | $701M |
| Total Debt | $994.0K |
| Net Debt | -$14M |
