| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $50.0K | 33.2% | 5556.0% |
| Op. Income | -$66M | -$65M | -$82M | -1.1% | 19.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -2128.5% | -2729.9% | -144478.0% | 601.4pp | 142349.5pp |
| EPS (Diluted) | $-1.12 | $-1.08 | $-1.34 | -3.7% | 16.4% |
| Free Cash Flow | -$53M | -$48M | -$73M | -11.7% | 27.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $51M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$66M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$60M |
| D&A | $223.0K |
| EBIT | -$66M |
| EBITDA | -$65M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$60M |
| Depreciation & Amortization | $223.0K |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $688.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$42.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$42.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$48.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$48.0K |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $436M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $45M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $495M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $538.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $438M |
| Minority Interest | $0 |
| TOTAL EQUITY | $438M |
| TOTAL LIABILITIES & EQUITY | $495M |
| Total Debt | $10M |
| Net Debt | -$408M |
