| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$122M | -$97M | -$69M | -26.0% | -76.9% |
| EPS (Diluted) | $-1.05 | $-0.88 | $-0.81 | -19.3% | -29.6% |
| Free Cash Flow | -$107M | -$85M | -$79M | -25.1% | -35.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $106M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $122M |
| Cost & Expenses | $122M |
| OPERATING INCOME | -$122M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$115M |
| Income Tax Expense | $0 |
| NET INCOME | -$115M |
| D&A | $502.0K |
| EBIT | -$122M |
| EBITDA | -$122M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$115M |
| Depreciation & Amortization | $502.0K |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$452.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$106M |
| Capital Expenditure | -$981.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $588.0K |
| NET CASH FROM FINANCING | $141M |
| FREE CASH FLOW | -$107M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $472M |
| Short-Term Investments | $205M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $690M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $721M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $241.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $669M |
| Minority Interest | $0 |
| TOTAL EQUITY | $669M |
| TOTAL LIABILITIES & EQUITY | $721M |
| Total Debt | $23M |
| Net Debt | -$449M |
