| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | — | — | — |
| Op. Income | -$306M | — | — | — | — |
| Gross Margin | 92.9% | — | — | — | — |
| Net Margin | -7225.9% | — | — | — | — |
| EPS (Diluted) | $-0.17 | — | — | — | — |
| Free Cash Flow | -$194M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $111.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $165M |
| Selling & Marketing | $0 |
| General & Administrative | $143M |
| SG&A Expenses | $143M |
| Other Expenses | $0 |
| Operating Expenses | $308M |
| Cost & Expenses | $308M |
| OPERATING INCOME | -$306M |
| Interest Income | $45M |
| Interest Expense | $0 |
| Other Income/Expenses | $147M |
| INCOME BEFORE TAX | -$159M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$166M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$114M |
| D&A | $922.0K |
| EBIT | -$159M |
| EBITDA | -$158M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$114M |
| Depreciation & Amortization | $921.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$80M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$186M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$977M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $120M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | -$194M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $3.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $111M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $412M |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $551M |
| TOTAL ASSETS | $5.1B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $110M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $0 |
| Additional Paid-In Capital | $4.8B |
| Retained Earnings | -$429M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $443M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $99M |
| Net Debt | -$1.1B |
