| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$29M | -$27M | -$27M | -11.0% | -10.4% |
| EPS (Diluted) | $-0.48 | $-0.29 | $-0.22 | -65.5% | -118.2% |
| Free Cash Flow | -$21M | -$28M | -$23M | 22.6% | 7.0% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $24M |
| Selling & Marketing | -$2M |
| General & Administrative | $6M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$29M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$57M |
| D&A | $2M |
| EBIT | -$54M |
| EBITDA | -$52M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$57M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$184.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$184.0K |
| Net Debt Issuance | -$404.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$850.0K |
| NET CASH FROM FINANCING | -$467.0K |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $815.0K |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $138M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $167M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $598M |
| Retained Earnings | -$626M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$28M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$28M |
| TOTAL LIABILITIES & EQUITY | $138M |
| Total Debt | $18M |
| Net Debt | -$76M |
