| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$33M | -$31M | -$32M | -6.3% | -3.0% |
| EPS (Diluted) | $-5.20 | $-9.00 | $-9.00 | 42.2% | 42.2% |
| Free Cash Flow | -$31M | -$24M | -$31M | -29.7% | -2.3% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$33M |
| Interest Income | $805.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $805.0K |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $825.0K |
| EBIT | -$33M |
| EBITDA | -$32M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $825.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$231.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$230.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$55.0K |
| NET CASH FROM FINANCING | -$606.0K |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $10M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $297.0K |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $40M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $109M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $556M |
| Retained Earnings | -$489M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $109M |
| Total Debt | $31M |
| Net Debt | -$19M |
