| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | — | — | — |
| Op. Income | -$129M | -$60M | — | -115.5% | — |
| EPS (Diluted) | $-1.40 | $-1.30 | — | -7.7% | — |
| Free Cash Flow | -$95M | -$111M | — | 14.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $50M |
| Operating Expenses | $126M |
| Cost & Expenses | $129M |
| OPERATING INCOME | -$129M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$120M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$128M |
| D&A | $4M |
| EBIT | -$99M |
| EBITDA | -$96M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$128M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | -$95M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $283M |
| FREE CASH FLOW | -$95M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $20M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $308M |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $62M |
| Short-Term Debt | $876M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $264M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$936M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $446M |
| Minority Interest | $0 |
| TOTAL EQUITY | $446M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $894M |
| Net Debt | $647M |
