| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $517.0K | $0 | -100.0% | — |
| Op. Income | -$110M | -$151M | -$132M | 27.2% | 16.8% |
| EPS (Diluted) | $-1.01 | $-1.49 | $-1.41 | 32.2% | 28.4% |
| Free Cash Flow | -$107M | -$96M | -$42M | -11.3% | -155.2% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $11M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $82M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | -$602.0K |
| Operating Expenses | $99M |
| Cost & Expenses | $110M |
| OPERATING INCOME | -$110M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | -$85M |
| Income Tax Expense | $876.0K |
| Net Income from Continuing Ops | -$86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$86M |
| D&A | $5M |
| EBIT | -$110M |
| EBITDA | -$105M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$86M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | -$107M |
| Capital Expenditure | -$219.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$409M |
| Sales/Maturities of Investments | $248M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$107M |
| Net Change in Cash | -$259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $285M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $312M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $16M |
| Short-Term Debt | $17M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $316M |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$62.0K |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $228M |
| Net Debt | $2M |
