| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$57M | -$64M | -$42M | 11.4% | -35.8% |
| EPS (Diluted) | $-0.77 | $-0.90 | $-0.69 | 14.4% | -11.6% |
| Free Cash Flow | -$49M | -$45M | -$29M | -7.7% | -67.6% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $14M |
| Operating Expenses | $57M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$57M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | $473.0K |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $675.0K |
| EBIT | -$56M |
| EBITDA | -$55M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $700.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$791.0K |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $156M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $54M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $369M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $479M |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $533M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $793.0K |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $111M |
| Common Stock | $61.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$646M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $422M |
| Minority Interest | $0 |
| TOTAL EQUITY | $422M |
| TOTAL LIABILITIES & EQUITY | $533M |
| Total Debt | $76M |
| Net Debt | -$22M |
