| Income Statement (Quarterly) | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 1,777,000 | 1,455,000 | 9,211,000 | 4,346,000 |
| Cost of Revenue | 515,000 | 506,000 | 9,301,000 | 2,408,000 |
| Gross Profit | 1,262,000 | 949,000 | -90,000 | 1,938,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 5,386,000 | 6,139,000 | 4,954,000 | 5,653,000 |
| Operating Expenses | 19,670,000 | 19,033,000 | 99,585,000 | 12,409,000 |
| Operating Income | -18,408,000 | -18,084,000 | -99,675,000 | -10,471,000 |
| Interest Expense | 0 | 0 | 0 | 0 |
| Income Before Tax | -15,429,000 | -15,085,000 | -96,552,000 | -7,586,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | -15,429,000 | -15,085,000 | -96,552,000 | -7,586,000 |
| Per Share | ||||
| EPS | -0.13 | -0.12 | -1.01 | -0.11 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Revenue | 18,720,000 | 31,249,000 | 29,752,000 |
| Cost of Revenue | 2,792,000 | 18,081,000 | 11,960,000 |
| Gross Profit | 15,928,000 | 13,168,000 | 17,792,000 |
| Operating Expenses | |||
| R&D Expenses | 0 | 0 | 0 |
| SG&A Expenses | 22,203,000 | 31,098,000 | 25,133,000 |
| Operating Expenses | 157,860,000 | 110,525,000 | 102,946,000 |
| Operating Income | -141,932,000 | -97,357,000 | -85,154,000 |
| Interest Expense | 0 | 0 | 0 |
| Income Before Tax | -132,065,000 | -88,848,000 | -86,908,000 |
| Income Tax Expense | 0 | -367,000 | 0 |
| Net Income | -132,065,000 | -88,481,000 | -86,908,000 |
| Per Share | |||
| EPS | -1.71 | -1.27 | -1.33 |
| EPS Diluted | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 24,570,000 | 39,878,000 | 45,277,000 |
| Short Term Investments | 89,024,000 | 79,228,000 | 172,294,000 |
| Net Receivables | 318,000 | 298,000 | 484,000 |
| Inventory | 0 | 0 | 0 |
| Total Current Assets | 125,951,000 | 128,856,000 | 231,550,000 |
| Property Plant Equipment | 1,008,000 | 1,620,000 | 3,779,000 |
| Goodwill and Intangibles | 0 | 269,000 | 6,973,000 |
| Total Assets | 220,327,000 | 197,405,000 | 257,958,000 |
| Liabilities | |||
| Account Payables | 4,690,000 | 8,878,000 | 10,351,000 |
| Short Term Debt | 962,000 | 426,000 | 684,000 |
| Total Current Liabilities | 31,596,000 | 30,952,000 | 21,938,000 |
| Long Term Debt | 2,117,000 | 0 | 0 |
| Total Liabilities | 64,773,000 | 40,226,000 | 60,337,000 |
| Shareholders Equity | |||
| Retained Earnings | -902,861,000 | -770,796,000 | -682,315,000 |
| Total Shareholders Equity | 155,554,000 | 157,179,000 | 197,621,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 24,570,000 | 39,878,000 | 45,277,000 |
| Short Term Investments | 89,024,000 | 79,228,000 | 172,294,000 |
| Net Receivables | 318,000 | 298,000 | 484,000 |
| Inventory | 0 | 0 | 0 |
| Total Current Assets | 125,951,000 | 128,856,000 | 231,550,000 |
| Property Plant Equipment | 1,008,000 | 1,620,000 | 3,779,000 |
| Goodwill and Intangibles | 0 | 269,000 | 6,973,000 |
| Total Assets | 220,327,000 | 197,405,000 | 257,958,000 |
| Liabilities | |||
| Account Payables | 4,690,000 | 8,878,000 | 10,351,000 |
| Short Term Debt | 962,000 | 426,000 | 684,000 |
| Total Current Liabilities | 31,596,000 | 30,952,000 | 21,938,000 |
| Long Term Debt | 2,117,000 | 0 | 0 |
| Total Liabilities | 64,773,000 | 40,226,000 | 60,337,000 |
| Shareholders Equity | |||
| Retained Earnings | -902,861,000 | -770,796,000 | -682,315,000 |
| Total Shareholders Equity | 155,554,000 | 157,179,000 | 197,621,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -132,065,000 | -88,481,000 | -86,908,000 |
| Depreciation & Amortization | 807,000 | 863,000 | 797,000 |
| Stock Based Compensation | 10,856,000 | 20,542,000 | 15,039,000 |
| Change in Working Capital | 10,922,000 | 9,389,000 | -1,195,000 |
| Operating Cash Flow | -20,075,000 | -78,325,000 | -67,567,000 |
| Investing Activities | |||
| Capital Expenditure | -121,000 | -1,309,000 | -605,000 |
| Investments | -121,000 | -1,309,000 | -605,000 |
| Investing Cash Flow | -69,769,000 | 46,220,000 | 12,628,000 |
| Financing Activities | |||
| Debt Repayment | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 74,913,000 | 26,714,000 | 72,867,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 74,536,000 | 26,706,000 | 72,867,000 |
| Summary | |||
| Free Cash Flow | -20,196,000 | -79,634,000 | -68,172,000 |
| Net Change in Cash | -15,308,000 | -5,399,000 | 17,928,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -132,065,000 | -88,481,000 | -86,908,000 |
| Depreciation & Amortization | 807,000 | 863,000 | 797,000 |
| Stock Based Compensation | 10,856,000 | 20,542,000 | 15,039,000 |
| Change in Working Capital | 10,922,000 | 9,389,000 | -1,195,000 |
| Operating Cash Flow | -20,075,000 | -78,325,000 | -67,567,000 |
| Investing Activities | |||
| Capital Expenditure | -121,000 | -1,309,000 | -605,000 |
| Investments | -121,000 | -1,309,000 | -605,000 |
| Investing Cash Flow | -69,769,000 | 46,220,000 | 12,628,000 |
| Financing Activities | |||
| Debt Repayment | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 74,913,000 | 26,714,000 | 72,867,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 74,536,000 | 26,706,000 | 72,867,000 |
| Summary | |||
| Free Cash Flow | -20,196,000 | -79,634,000 | -68,172,000 |
| Net Change in Cash | -15,308,000 | -5,399,000 | 17,928,000 |