| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$274M | -$33M | -$29M | -723.9% | -844.7% |
| EPS (Diluted) | $-251.20 | $-5.20 | $-8.20 | -4730.8% | -2963.4% |
| Free Cash Flow | -$35M | -$31M | -$22M | -12.9% | -61.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $261M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $10M |
| Operating Expenses | $274M |
| Cost & Expenses | $274M |
| OPERATING INCOME | -$274M |
| Interest Income | $537.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | -$1.6B |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.6B |
| D&A | $2M |
| EBIT | -$244M |
| EBITDA | -$242M |
| EPS | -$251 |
| EPS Diluted | -$251 |
| Item | Amount |
|---|---|
| Net Income | -$1.6B |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$35M |
| Capital Expenditure | -$152.0K |
| Acquisitions (Net) | $799.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$1.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $646.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32.0K |
| NET CASH FROM FINANCING | $175M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $10M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $449.0K |
| TOTAL CURRENT ASSETS | $205M |
| PP&E (Net) | $24.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $420.0K |
| TOTAL NON-CURRENT ASSETS | $444.0K |
| TOTAL ASSETS | $205M |
| Account Payables | $669.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $557M |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.5B |
| TOTAL LIABILITIES & EQUITY | $205M |
| Total Debt | $0 |
| Net Debt | -$193M |
