| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$31M | -$28M | -$23M | -10.6% | -35.6% |
| EPS (Diluted) | $-0.14 | $-0.12 | $-0.12 | -16.7% | -16.7% |
| Free Cash Flow | -$26M | -$27M | -$23M | 3.4% | -16.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $385.0K |
| GROSS PROFIT | -$385.0K |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | -$351.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$31M |
| Interest Income | $921.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $33.0K |
| EBIT | -$31M |
| EBITDA | -$31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $33.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$632.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$114.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$49.0K |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $129M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $441.0K |
| TOTAL CURRENT ASSETS | $151M |
| PP&E (Net) | $119.0K |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $164M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $173.0K |
| Additional Paid-In Capital | $667M |
| Retained Earnings | -$546M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$216.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $164M |
| Total Debt | $30M |
| Net Debt | $12M |
