| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$39M | -$33M | -$36M | -19.4% | -8.5% |
| EPS (Diluted) | $-0.47 | $-0.42 | $-0.45 | -11.9% | -4.4% |
| Free Cash Flow | -$31M | -$33M | -$26M | 6.8% | -19.1% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$39M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $310.0K |
| EBIT | -$39M |
| EBITDA | -$39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $310.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$591.0K |
| Change in Working Capital | -$780.0K |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$63.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$124M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $377.0K |
| NET CASH FROM FINANCING | $134M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $207M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $291M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $45M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $347M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $953M |
| Retained Earnings | -$629M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $187.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $324M |
| Minority Interest | $0 |
| TOTAL EQUITY | $324M |
| TOTAL LIABILITIES & EQUITY | $347M |
| Total Debt | $3M |
| Net Debt | -$73M |
