| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $2M | $17M | 419.9% | -26.3% |
| Op. Income | -$117M | -$231M | -$139M | 49.4% | 15.7% |
| Gross Margin | -617.5% | -8102.9% | -533.6% | 7485.3pp | -83.9pp |
| Net Margin | -845.2% | -8979.7% | -690.9% | 8134.5pp | -154.4pp |
| EPS (Diluted) | $-0.76 | $-1.56 | $-0.86 | 51.3% | 11.6% |
| Free Cash Flow | -$90M | -$174M | -$109M | 48.2% | 17.7% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $89M |
| GROSS PROFIT | -$76M |
| R&D Expenses | $106M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$65M |
| Operating Expenses | $41M |
| Cost & Expenses | $130M |
| OPERATING INCOME | -$117M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | -$105M |
| Income Tax Expense | -$86.0K |
| Net Income from Continuing Ops | -$105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$105M |
| D&A | $3M |
| EBIT | -$103M |
| EBITDA | -$100M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$105M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$88M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $301M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $141M |
| Net Debt Issuance | $13.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$90M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $223M |
| Short-Term Investments | $682M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $132M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $123M |
| Goodwill | $17M |
| Intangible Assets | $8M |
| Long-Term Investments | $190M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $356M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $120M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $248M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$760M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $98M |
| Net Debt | -$125M |
