| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0K | $233.0K | $0 | -99.1% | — |
| Op. Income | -$44M | -$68M | -$89M | 35.7% | 51.2% |
| Gross Margin | -1034250.0% | -8424.9% | — | -1025825.1pp | — |
| Net Margin | -2410850.0% | -35964.4% | — | -2374885.6pp | — |
| EPS (Diluted) | $-26.23 | $-142.11 | $-1928.80 | 81.5% | 98.6% |
| Free Cash Flow | -$15M | -$58M | -$120M | 74.5% | 87.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.0K |
| Cost of Revenue | $21M |
| GROSS PROFIT | -$21M |
| R&D Expenses | $7M |
| Selling & Marketing | $2M |
| General & Administrative | $14M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$44M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $18M |
| EBIT | -$41M |
| EBITDA | -$22M |
| EPS | -$26 |
| EPS Diluted | -$26 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $542.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$99.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $87.0K |
| NET CASH FROM INVESTING | -$12.0K |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $407.0K |
| Short-Term Investments | $0 |
| Net Receivables | $7.0K |
| Inventory | $29M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $83M |
| PP&E (Net) | $413M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $417M |
| TOTAL ASSETS | $500M |
| Account Payables | $97M |
| Short-Term Debt | $79M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $257M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $298M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $202M |
| Minority Interest | $0 |
| TOTAL EQUITY | $202M |
| TOTAL LIABILITIES & EQUITY | $500M |
| Total Debt | $122M |
| Net Debt | $121M |
