| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$57M | -$49M | -$31M | -16.9% | -83.8% |
| EPS (Diluted) | $-0.81 | $-0.85 | $-0.56 | 4.7% | -44.6% |
| Free Cash Flow | -$55M | -$40M | -$34M | -37.1% | -61.4% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $41M |
| Selling & Marketing | $1M |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$57M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $85.0K |
| EBIT | -$50M |
| EBITDA | -$50M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $85.0K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$187.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $106M |
| Other Investing Activities | -$750.0K |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $535M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $606M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $114.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $610M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$513M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $654.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $535M |
| Minority Interest | $0 |
| TOTAL EQUITY | $535M |
| TOTAL LIABILITIES & EQUITY | $610M |
| Total Debt | $54M |
| Net Debt | -$625.0K |
