| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100.0K | $0 | $2M | — | -93.9% |
| Op. Income | -$50M | -$47M | -$88M | -6.7% | 43.4% |
| Gross Margin | -589.0% | — | 81.8% | — | -670.8pp |
| Net Margin | -47865.0% | — | -5728.5% | — | -42136.5pp |
| EPS (Diluted) | $-3.31 | $-2.84 | $-1.73 | -16.5% | -91.3% |
| Free Cash Flow | -$44M | -$31M | -$60M | -43.3% | 27.4% |
| Item | Amount |
|---|---|
| REVENUE | $100.0K |
| Cost of Revenue | $689.0K |
| GROSS PROFIT | -$589.0K |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | -$689.0K |
| Operating Expenses | $49M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$50M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $689.0K |
| EBIT | -$48M |
| EBITDA | -$47M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $689.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $470.0K |
| Change in Working Capital | $4.0K |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $0 |
| Net Receivables | $420.0K |
| Inventory | $0 |
| Other Current Assets | $816.0K |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $181M |
| Account Payables | $9M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134M |
| Minority Interest | $0 |
| TOTAL EQUITY | $134M |
| TOTAL LIABILITIES & EQUITY | $181M |
| Total Debt | $8M |
| Net Debt | -$145M |
