| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$44M | -$36M | -$47M | -21.9% | 6.5% |
| EPS (Diluted) | $-0.40 | $-0.38 | $-0.26 | -5.3% | -53.8% |
| Free Cash Flow | -$41M | -$37M | -$44M | -8.8% | 7.9% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$44M |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | $869.0K |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $705.0K |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $236.0K |
| EBIT | -$41M |
| EBITDA | -$40M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $236.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $567.0K |
| Other Non-Cash Items | -$290.1K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | $1 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$121M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | -$52.9K |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $167M |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $356M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $399M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $644.0K |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $77M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29.0K |
| TOTAL NON-CURRENT LIABILITIES | $85M |
| TOTAL LIABILITIES | $112M |
| Common Stock | $309.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$835M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $287M |
| Minority Interest | $0 |
| TOTAL EQUITY | $287M |
| TOTAL LIABILITIES & EQUITY | $399M |
| Total Debt | $86M |
| Net Debt | -$42M |
