| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $456.0K | $43.0K | — | 960.5% | — |
| Op. Income | -$38M | -$28M | — | -34.5% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -6973.2% | -47453.5% | — | 40480.2pp | — |
| EPS (Diluted) | $-0.49 | $-0.30 | — | -63.3% | — |
| Free Cash Flow | -$21M | -$16M | — | -31.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $456.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $456.0K |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$38M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | -$32.0K |
| EBIT | -$38M |
| EBITDA | -$38M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$209.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$217M |
| Sales/Maturities of Investments | $228M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $365.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$365.0K |
| NET CASH FROM FINANCING | $223M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | $214M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $485M |
| Net Receivables | $781.0K |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $754M |
| PP&E (Net) | $493.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $94.0K |
| TOTAL NON-CURRENT ASSETS | $587.0K |
| TOTAL ASSETS | $755M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $436.0K |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $52.0K |
| TOTAL LIABILITIES | $21M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $951M |
| Retained Earnings | -$218M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $733M |
| Minority Interest | $0 |
| TOTAL EQUITY | $733M |
| TOTAL LIABILITIES & EQUITY | $755M |
| Total Debt | $238.0K |
| Net Debt | -$257M |
