| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$64M | -$63M | -$67M | -2.7% | 4.4% |
| EPS (Diluted) | $-0.56 | $-0.62 | $-0.66 | 9.7% | 15.2% |
| Free Cash Flow | -$56M | -$47M | -$59M | -18.8% | 4.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $64M |
| OPERATING INCOME | -$64M |
| Interest Income | $4M |
| Interest Expense | $472.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $3M |
| EBIT | -$61M |
| EBITDA | -$58M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$364.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$140M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $12.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12.0K |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $268M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $324M |
| PP&E (Net) | $80M |
| Goodwill | $39M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $147M |
| TOTAL ASSETS | $471M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $412M |
| Minority Interest | $0 |
| TOTAL EQUITY | $412M |
| TOTAL LIABILITIES & EQUITY | $471M |
| Total Debt | $25M |
| Net Debt | -$24M |
