| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $14.7K | $22.6K | -100.0% | -100.0% |
| Op. Income | -$8M | -$3M | -$12M | -175.6% | 28.5% |
| EPS (Diluted) | $-10.32 | $-4.09 | $-16.80 | -152.3% | 38.6% |
| Free Cash Flow | -$49M | -$4M | -$8M | -1002.2% | -495.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $75.6K |
| GROSS PROFIT | -$75.6K |
| R&D Expenses | $674.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$8M |
| Interest Income | $21.9K |
| Interest Expense | $528.4K |
| Other Income/Expenses | -$337.6K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $75.6K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $395.8K |
| Change in Working Capital | -$825.5K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $51M |
| NET CASH FROM FINANCING | $53M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $121.0K |
| Inventory | $0 |
| Other Current Assets | $80.1K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $590.1K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $182.2K |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $56M |
| Account Payables | $901.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44.6K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $485 |
| Additional Paid-In Capital | $245M |
| Retained Earnings | -$207M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $8M |
| Net Debt | $935.3K |
