| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | — | — | — | — |
| Op. Income | -$62M | — | — | — | — |
| Gross Margin | 35.7% | — | — | — | — |
| Net Margin | -442.9% | — | — | — | — |
| EPS (Diluted) | $-1.28 | — | — | — | — |
| Free Cash Flow | -$43M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $67M |
| Operating Expenses | $67M |
| Cost & Expenses | $76M |
| OPERATING INCOME | -$62M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$62M |
| D&A | $0 |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$62M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $32M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $1.4B |
| Net Receivables | $324M |
| Inventory | $0 |
| Other Current Assets | -$1.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.3B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $283M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.7B |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$99M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.1B |
| Minority Interest | $13M |
| TOTAL EQUITY | -$2.1B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $3.3B |
| Net Debt | $3.2B |
