| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$106M | -$72M | -$62M | -46.8% | -69.7% |
| EPS (Diluted) | $-0.96 | $-0.70 | $-0.99 | -37.1% | 3.0% |
| Free Cash Flow | -$75M | -$56M | -$51M | -34.4% | -47.5% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $93M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $106M |
| OPERATING INCOME | -$106M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$97M |
| Income Tax Expense | $0 |
| NET INCOME | -$97M |
| D&A | $438.0K |
| EBIT | -$106M |
| EBITDA | -$105M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$97M |
| Depreciation & Amortization | $438.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$866.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$75M |
| Capital Expenditure | -$253.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$57M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$75M |
| Net Change in Cash | -$76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $532M |
| Short-Term Investments | $192M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $736M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $769M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$860M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $478.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $706M |
| Minority Interest | $0 |
| TOTAL EQUITY | $706M |
| TOTAL LIABILITIES & EQUITY | $769M |
| Total Debt | $25M |
| Net Debt | -$507M |
