| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $399.0K | $346.0K | -100.0% | -100.0% |
| Op. Income | -$88M | -$83M | -$59M | -6.1% | -48.9% |
| EPS (Diluted) | $-0.96 | $-0.94 | $-1.01 | -2.1% | 5.0% |
| Free Cash Flow | -$61M | -$49M | -$45M | -26.2% | -36.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$88M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$77M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$77M |
| D&A | $770.0K |
| EBIT | -$88M |
| EBITDA | -$87M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$77M |
| Depreciation & Amortization | $770.0K |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$125.0K |
| OPERATING CASH FLOW | -$61M |
| Capital Expenditure | -$528.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$130M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | -$61M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $545M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $878M |
| PP&E (Net) | $56M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $937M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $511.0K |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $104M |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$872M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $833M |
| Minority Interest | $0 |
| TOTAL EQUITY | $833M |
| TOTAL LIABILITIES & EQUITY | $937M |
| Total Debt | $53M |
| Net Debt | -$265M |
