| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$20M | -$16M | -$57M | -25.8% | 65.8% |
| EPS (Diluted) | $-0.56 | $-0.43 | $-1.77 | -29.4% | 68.3% |
| Free Cash Flow | -$17M | -$17M | -$20M | -5.4% | 12.2% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $534.6K |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$20M |
| Interest Income | $739.5K |
| Interest Expense | $52.2K |
| Other Income/Expenses | -$935.5K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $38.2K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $92.9K |
| EBIT | -$20M |
| EBITDA | -$20M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $92.9K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$353.8K |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $680.9K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$57.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $274.9K |
| NET CASH FROM FINANCING | $217.6K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $71M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $110.7K |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $126M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $222.7K |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $467.1K |
| Additional Paid-In Capital | $367M |
| Retained Earnings | -$275M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $10M |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $126M |
| Total Debt | $754.7K |
| Net Debt | -$30M |
