| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $791.0K | $771.0K | $148.0K | 2.6% | 434.5% |
| Op. Income | -$35M | -$35M | -$36M | -0.1% | 2.3% |
| Gross Margin | 100.0% | 100.0% | -15297.3% | 0.0pp | 15397.3pp |
| Net Margin | -3947.7% | -4047.6% | -22108.1% | 99.9pp | 18160.4pp |
| EPS (Diluted) | $-0.37 | $-0.38 | $-0.55 | 2.6% | 32.7% |
| Free Cash Flow | -$28M | -$28M | -$17M | 0.3% | -62.8% |
| Item | Amount |
|---|---|
| REVENUE | $791.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $791.0K |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$35M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$8.0K |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $3M |
| EBIT | -$31M |
| EBITDA | -$28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | $804.0K |
| Acquisitions (Net) | $21.0K |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $273.0K |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $146M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $94M |
| Goodwill | $5M |
| Intangible Assets | $34M |
| Long-Term Investments | $49M |
| Tax Assets | $0 |
| Other Non-Current Assets | $565.0K |
| TOTAL NON-CURRENT ASSETS | $183M |
| TOTAL ASSETS | $389M |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $110M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $173M |
| TOTAL LIABILITIES | $193M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $941M |
| Retained Earnings | -$746M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $758.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $196M |
| Minority Interest | $0 |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $389M |
| Total Debt | $55M |
| Net Debt | $2M |
