| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$45M | -$35M | -$16M | -27.7% | -187.1% |
| EPS (Diluted) | $-0.83 | $-0.70 | $-0.31 | -18.6% | -167.7% |
| Free Cash Flow | -$30M | -$19M | -$20M | -57.0% | -47.9% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$45M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $9.0K |
| EBIT | -$45M |
| EBITDA | -$45M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $9.0K |
| Stock-Based Compensation | $2.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22.1K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $135M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$92.0K |
| NET CASH FROM FINANCING | -$152.0K |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $243M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $318M |
| PP&E (Net) | $42.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $449.0K |
| TOTAL NON-CURRENT ASSETS | $491.0K |
| TOTAL ASSETS | $318M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $28M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $487M |
| Retained Earnings | -$197M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $290M |
| Minority Interest | $0 |
| TOTAL EQUITY | $290M |
| TOTAL LIABILITIES & EQUITY | $318M |
| Total Debt | $0 |
| Net Debt | -$68M |
