| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$42M | -$40M | -$28M | -4.1% | -50.0% |
| EPS (Diluted) | $-0.42 | $-0.59 | $-0.61 | 28.8% | 31.1% |
| Free Cash Flow | -$38M | -$32M | -$22M | -18.2% | -73.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $386.0K |
| GROSS PROFIT | -$386.0K |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$386.0K |
| Operating Expenses | $41M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$42M |
| Interest Income | $3M |
| Interest Expense | $60.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $386.0K |
| EBIT | -$39M |
| EBITDA | -$39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | -$488.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$377.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $85.0K |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$142.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $196.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $129M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $279M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $308M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $50M |
| Common Stock | $78.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$862M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$38.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $258M |
| Minority Interest | $0 |
| TOTAL EQUITY | $258M |
| TOTAL LIABILITIES & EQUITY | $308M |
| Total Debt | $23M |
| Net Debt | -$116M |
