| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$9M | -$2M | -$12M | -301.5% | 22.2% |
| EPS (Diluted) | $-0.47 | $-0.51 | $-1.00 | 7.8% | 53.0% |
| Free Cash Flow | -$10M | -$8M | -$12M | -17.9% | 16.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $867.0K |
| GROSS PROFIT | -$867.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | -$11.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$9M |
| Interest Income | $713.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $867.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $534.0K |
| Stock-Based Compensation | $528.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$171.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $57.0K |
| NET CASH FROM INVESTING | -$114.0K |
| Net Debt Issuance | -$33.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$43.0K |
| NET CASH FROM FINANCING | $182.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $739.0K |
| Net Receivables | $328.0K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $57M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $85M |
| TOTAL ASSETS | $129M |
| Account Payables | $0 |
| Short-Term Debt | $28.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $921.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $128M |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $174M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $753M |
| Retained Earnings | -$798M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$45M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$45M |
| TOTAL LIABILITIES & EQUITY | $129M |
| Total Debt | $128M |
| Net Debt | $88M |
