| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.0K | $293.0K | $551.0K | -96.9% | -98.4% |
| Op. Income | -$25M | -$51M | -$66M | 50.2% | 62.1% |
| Gross Margin | -238266.7% | -7057.0% | -2827.6% | -231209.7pp | -235439.1pp |
| Net Margin | -863177.8% | -37093.9% | -14164.4% | -826083.9pp | -849013.3pp |
| EPS (Diluted) | $-1.33 | $-12.38 | $-453.60 | 89.3% | 99.7% |
| Free Cash Flow | -$23M | -$15M | -$65M | -57.2% | 64.4% |
| Item | Amount |
|---|---|
| REVENUE | $9.0K |
| Cost of Revenue | $21M |
| GROSS PROFIT | -$21M |
| R&D Expenses | -$10M |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | -$78M |
| Income Tax Expense | -$1.0K |
| Net Income from Continuing Ops | -$78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$82M |
| D&A | $18M |
| EBIT | -$75M |
| EBITDA | -$57M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$78M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $39M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$301.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$301.0K |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $27M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $366M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $369M |
| TOTAL ASSETS | $449M |
| Account Payables | $81M |
| Short-Term Debt | $71M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $292M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $449M |
| Total Debt | $116M |
| Net Debt | $109M |
