| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$32M | -$32M | -$22M | 0.9% | -44.8% |
| EPS (Diluted) | $-0.35 | $-0.41 | $-1.14 | 14.6% | 69.3% |
| Free Cash Flow | -$29M | -$25M | -$17M | -16.0% | -77.2% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$32M |
| Interest Income | $2M |
| Interest Expense | $602.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $0 |
| EBIT | -$23M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$162M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $816.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$191M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $130M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $0 |
| Goodwill | $20M |
| Intangible Assets | $0 |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $606.0K |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $275M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $53M |
| Common Stock | $0 |
| Additional Paid-In Capital | $644M |
| Retained Earnings | -$422M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $802.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $223M |
| Minority Interest | $0 |
| TOTAL EQUITY | $223M |
| TOTAL LIABILITIES & EQUITY | $275M |
| Total Debt | $22M |
| Net Debt | -$61M |
