| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $7M | — | -100.0% |
| Op. Income | -$75M | -$46M | -$35M | -60.7% | -112.0% |
| EPS (Diluted) | $-0.84 | $-0.37 | $-0.38 | -127.0% | -121.1% |
| Free Cash Flow | -$43M | -$21M | -$31M | -99.8% | -37.5% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $61M |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$75M |
| Interest Income | $5M |
| Interest Expense | $2M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | -$110M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$111M |
| D&A | $230.0K |
| EBIT | -$108M |
| EBITDA | -$108M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $227.9K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $389.0K |
| Other Non-Cash Items | $34M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $572.6K |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | -$762.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $383M |
| Short-Term Investments | $99M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $536M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $577M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $109M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29.0K |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $175M |
| Common Stock | $359.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$989M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $402M |
| Minority Interest | $0 |
| TOTAL EQUITY | $402M |
| TOTAL LIABILITIES & EQUITY | $577M |
| Total Debt | $117M |
| Net Debt | -$266M |
