| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$75M | -$74M | -$62M | -1.6% | -20.1% |
| EPS (Diluted) | $-0.52 | $-0.61 | $-0.62 | 14.8% | 16.1% |
| Free Cash Flow | -$67M | -$61M | -$53M | -10.6% | -27.5% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $63M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$75M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$59M |
| D&A | $1M |
| EBIT | -$75M |
| EBITDA | -$74M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$955.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$547.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $69M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $720.0K |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $120M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $253M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $284M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0K |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $114.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$931M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $164.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $219M |
| Minority Interest | $0 |
| TOTAL EQUITY | $219M |
| TOTAL LIABILITIES & EQUITY | $284M |
| Total Debt | $17M |
| Net Debt | -$109M |
