| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$21M | -$12M | -$10M | -65.3% | -95.9% |
| EPS (Diluted) | $-0.31 | $-0.20 | $-0.21 | -55.0% | -47.6% |
| Free Cash Flow | -$14M | -$7M | -$9M | -103.3% | -56.2% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $5M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$21M |
| Interest Income | $697.0K |
| Interest Expense | $935.0K |
| Other Income/Expenses | -$238.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $27.0K |
| EBIT | -$20M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $27.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $854.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$877.0K |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $140.0K |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $11M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $62M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $288M |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$388M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $56M |
| Net Debt | $11M |
