| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$74M | -$67M | -$69M | -9.4% | -7.2% |
| EPS (Diluted) | $-0.74 | $-0.66 | $-0.82 | -12.1% | 9.8% |
| Free Cash Flow | -$56M | -$59M | -$55M | 5.3% | -1.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $45M |
| Selling & Marketing | -$786.0K |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $74M |
| OPERATING INCOME | -$74M |
| Interest Income | $5M |
| Interest Expense | $471.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$70M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $2M |
| EBIT | -$69M |
| EBITDA | -$67M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $96M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | $29.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $240M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $293M |
| PP&E (Net) | $88M |
| Goodwill | $39M |
| Intangible Assets | $25M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $481.0K |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $446M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $910.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$218.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $385M |
| Minority Interest | $0 |
| TOTAL EQUITY | $385M |
| TOTAL LIABILITIES & EQUITY | $446M |
| Total Debt | $26M |
| Net Debt | -$13M |
