| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0K | $13.0K | $65.0K | -76.9% | -95.4% |
| Op. Income | -$56M | -$60M | -$64M | 7.1% | 13.8% |
| Gross Margin | 100.0% | -38800.0% | -7633.8% | 38900.0pp | 7733.8pp |
| Net Margin | -2022233.3% | -407153.8% | -103013.8% | -1615079.5pp | -1919219.5pp |
| EPS (Diluted) | $-0.24 | $-0.21 | $-0.27 | -14.1% | 11.1% |
| Free Cash Flow | -$42M | -$41M | -$48M | -3.4% | 11.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.0K |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$1M |
| Operating Expenses | $56M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$56M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $5M |
| EBIT | -$56M |
| EBITDA | -$51M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$42M |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$108M |
| Sales/Maturities of Investments | $130M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$76.0K |
| NET CASH FROM FINANCING | $27.0K |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $401M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $137M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $160M |
| TOTAL ASSETS | $694M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $91M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$404.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $603M |
| Minority Interest | $0 |
| TOTAL EQUITY | $603M |
| TOTAL LIABILITIES & EQUITY | $694M |
| Total Debt | $62M |
| Net Debt | -$64M |
