| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.0K | $3.0K | $27.0K | 333.3% | -51.9% |
| Op. Income | -$52M | -$56M | -$66M | 7.3% | 21.8% |
| Gross Margin | 100.0% | 100.0% | -16711.1% | 0.0pp | 16811.1pp |
| Net Margin | -352376.9% | -2022233.3% | -236629.6% | 1669856.4pp | -115747.3pp |
| EPS (Diluted) | $-0.18 | $-0.24 | $-0.26 | 24.8% | 29.8% |
| Free Cash Flow | -$38M | -$42M | -$40M | 8.6% | 4.2% |
| Item | Amount |
|---|---|
| REVENUE | $13.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $13.0K |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$976.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $52M |
| OPERATING INCOME | -$52M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $0 |
| 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 | $5M |
| EBIT | -$52M |
| EBITDA | -$47M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$954.0K |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$331.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$116M |
| Sales/Maturities of Investments | $162M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $862.0K |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $358M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $500M |
| PP&E (Net) | $131M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $654M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$397.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $567M |
| Minority Interest | $0 |
| TOTAL EQUITY | $567M |
| TOTAL LIABILITIES & EQUITY | $654M |
| Total Debt | $60M |
| Net Debt | -$73M |
