| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $388.0K | $143.0K | 684.0% | 2027.3% |
| Op. Income | -$53M | -$59M | -$46M | 9.2% | -14.6% |
| Gross Margin | 89.1% | 19.1% | 100.0% | 70.0pp | -10.9pp |
| Net Margin | -1513.0% | -13648.5% | -28142.0% | 12135.4pp | 26628.9pp |
| EPS (Diluted) | $-1.14 | $-1.47 | $-1.34 | 22.4% | 14.9% |
| Free Cash Flow | -$46M | -$31M | -$26M | -49.9% | -78.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $332.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | -$332.0K |
| Operating Expenses | $56M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$53M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $332.0K |
| EBIT | -$29M |
| EBITDA | -$29M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $332.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $572.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | -$289.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$289.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $560M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $589M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $616M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $416.0K |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$569M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $572M |
| Minority Interest | $0 |
| TOTAL EQUITY | $572M |
| TOTAL LIABILITIES & EQUITY | $616M |
| Total Debt | $19M |
| Net Debt | -$541M |
