| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$40M | -$35M | -$31M | -15.6% | -27.0% |
| EPS (Diluted) | $-1.02 | $-0.98 | $-1.09 | -4.1% | 6.4% |
| Free Cash Flow | -$42M | -$28M | -$34M | -50.7% | -25.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $40M |
| OPERATING INCOME | -$40M |
| Interest Income | $7M |
| Interest Expense | $897.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $119.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $20.0K |
| EBIT | -$33M |
| EBITDA | -$33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $20.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$851.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$347M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$273M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $244M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $572M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $706M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $839.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $709M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $992M |
| Retained Earnings | -$332M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $535.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $660M |
| Minority Interest | $0 |
| TOTAL EQUITY | $660M |
| TOTAL LIABILITIES & EQUITY | $709M |
| Total Debt | $31M |
| Net Debt | -$92M |
