| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $0 | $0 | — | — |
| Op. Income | -$28M | -$30M | -$26M | 7.1% | -7.3% |
| Gross Margin | 50.0% | — | — | — | — |
| Net Margin | -289.7% | — | — | — | — |
| EPS (Diluted) | $-0.16 | $-0.33 | $-0.24 | 51.5% | 33.3% |
| Free Cash Flow | -$27M | -$24M | -$19M | -11.7% | -38.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $21M |
| Selling & Marketing | $4M |
| General & Administrative | $7M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$28M |
| Interest Income | $852.0K |
| Interest Expense | $3M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $2M |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | -$322.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$63.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $138M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $157M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $191M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $633M |
| Retained Earnings | -$686M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$53M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$53M |
| TOTAL LIABILITIES & EQUITY | $138M |
| Total Debt | $17M |
| Net Debt | -$28M |
