| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$116M | -$122M | -$72M | 5.4% | -60.9% |
| EPS (Diluted) | $-0.97 | $-1.05 | $-0.70 | 7.6% | -38.6% |
| Free Cash Flow | -$95M | -$107M | -$56M | 11.3% | -70.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $99M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $116M |
| OPERATING INCOME | -$116M |
| Interest Income | $7M |
| Interest Expense | $94.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$111M |
| Income Tax Expense | $0 |
| NET INCOME | -$111M |
| D&A | $503.0K |
| EBIT | -$111M |
| EBITDA | -$110M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $503.0K |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$512.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$95M |
| Capital Expenditure | -$60.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $99M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $101M |
| FREE CASH FLOW | -$95M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $485M |
| Short-Term Investments | $199M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $698M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $729M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $99M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $158M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $252.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $571M |
| Minority Interest | $0 |
| TOTAL EQUITY | $571M |
| TOTAL LIABILITIES & EQUITY | $729M |
| Total Debt | $121M |
| Net Debt | -$364M |
