| Income Statement (Quarterly) | 2026-04-08 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 81,000 | 81,000 | 40,500 | 434,000 |
| Cost of Revenue | 0 | 0 | 0 | 289,500 |
| Gross Profit | 81,000 | 81,000 | 40,500 | 144,500 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,553,000 | 2,553,000 | 1,276,500 | 3,500,500 |
| Operating Expenses | 5,598,000 | 5,598,000 | 2,799,000 | 6,776,000 |
| Operating Income | -5,517,000 | -5,517,000 | -2,758,500 | -6,631,500 |
| Interest Expense | 0 | 394,000 | 0 | 0 |
| Income Before Tax | -3,388,000 | -3,388,000 | -1,694,000 | -3,376,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | -3,698,000 | -3,698,000 | -1,849,000 | -5,159,000 |
| Per Share | ||||
| EPS | -0.04 | -0.04 | -0.02 | -0.07 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Revenue | 1,778,000 | 397,000 | 0 |
| Cost of Revenue | 579,000 | 0 | 0 |
| Gross Profit | 1,199,000 | 397,000 | 0 |
| Operating Expenses | |||
| R&D Expenses | 0 | 0 | 0 |
| SG&A Expenses | 11,443,000 | 23,161,000 | 24,191,000 |
| Operating Expenses | 37,083,000 | 77,543,000 | 91,153,000 |
| Operating Income | -36,764,000 | -77,146,000 | -96,548,000 |
| Interest Expense | 1,049,000 | 0 | 798,000 |
| Income Before Tax | -50,245,000 | -84,990,000 | -97,378,000 |
| Income Tax Expense | 0 | 0 | -9,079,000 |
| Net Income | -51,383,000 | -78,691,000 | -88,299,000 |
| Per Share | |||
| EPS | -0.66 | -1.03 | -1.16 |
| 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 | 11,769,000 | 23,884,000 | 105,229,000 |
| Short Term Investments | 0 | 20,043,000 | 0 |
| Net Receivables | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 |
| Total Current Assets | 19,459,000 | 58,718,000 | 117,249,000 |
| Property Plant Equipment | 7,621,000 | 15,484,000 | 29,522,000 |
| Goodwill and Intangibles | 730,000 | 823,000 | 919,000 |
| Total Assets | 28,329,000 | 75,787,000 | 163,931,000 |
| Liabilities | |||
| Account Payables | 4,599,000 | 3,868,000 | 4,892,000 |
| Short Term Debt | 951,000 | 1,179,000 | 1,751,000 |
| Total Current Liabilities | 37,226,000 | 13,013,000 | 14,227,000 |
| Long Term Debt | 7,107,000 | 7,666,000 | 9,005,000 |
| Total Liabilities | 44,333,000 | 51,330,000 | 52,371,000 |
| Shareholders Equity | |||
| Retained Earnings | 0 | -472,639,000 | -394,325,000 |
| Total Shareholders Equity | -1,680,000 | 40,196,000 | 122,006,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 11,769,000 | 23,884,000 | 105,229,000 |
| Short Term Investments | 0 | 20,043,000 | 0 |
| Net Receivables | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 |
| Total Current Assets | 19,459,000 | 58,718,000 | 117,249,000 |
| Property Plant Equipment | 7,621,000 | 15,484,000 | 29,522,000 |
| Goodwill and Intangibles | 730,000 | 823,000 | 919,000 |
| Total Assets | 28,329,000 | 75,787,000 | 163,931,000 |
| Liabilities | |||
| Account Payables | 4,599,000 | 3,868,000 | 4,892,000 |
| Short Term Debt | 951,000 | 1,179,000 | 1,751,000 |
| Total Current Liabilities | 37,226,000 | 13,013,000 | 14,227,000 |
| Long Term Debt | 7,107,000 | 7,666,000 | 9,005,000 |
| Total Liabilities | 44,333,000 | 51,330,000 | 52,371,000 |
| Shareholders Equity | |||
| Retained Earnings | 0 | -472,639,000 | -394,325,000 |
| Total Shareholders Equity | -1,680,000 | 40,196,000 | 122,006,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -51,383,000 | -78,691,000 | -97,378,000 |
| Depreciation & Amortization | 5,556,000 | 6,159,000 | 3,933,000 |
| Stock Based Compensation | 2,666,000 | 3,550,000 | 413,000 |
| Change in Working Capital | 0 | -2,740,000 | -1,232,000 |
| Operating Cash Flow | -19,728,000 | -70,292,000 | -88,708,000 |
| Investing Activities | |||
| Capital Expenditure | 0 | -1,742,000 | -18,830,000 |
| Investments | 0 | -1,742,000 | -18,830,000 |
| Investing Cash Flow | 2,138,000 | -5,350,000 | -32,611,000 |
| Financing Activities | |||
| Debt Repayment | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | -5,432,000 | 72,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 5,817,000 | -5,606,000 | 15,888,000 |
| Summary | |||
| Free Cash Flow | -19,836,000 | -72,034,000 | -107,538,000 |
| Net Change in Cash | -12,115,000 | -81,345,000 | -106,765,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -51,383,000 | -78,691,000 | -97,378,000 |
| Depreciation & Amortization | 5,556,000 | 6,159,000 | 3,933,000 |
| Stock Based Compensation | 2,666,000 | 3,550,000 | 413,000 |
| Change in Working Capital | 0 | -2,740,000 | -1,232,000 |
| Operating Cash Flow | -19,728,000 | -70,292,000 | -88,708,000 |
| Investing Activities | |||
| Capital Expenditure | 0 | -1,742,000 | -18,830,000 |
| Investments | 0 | -1,742,000 | -18,830,000 |
| Investing Cash Flow | 2,138,000 | -5,350,000 | -32,611,000 |
| Financing Activities | |||
| Debt Repayment | 0 | 0 | 0 |
| Common Stock Issued/Repurchased | 0 | -5,432,000 | 72,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 5,817,000 | -5,606,000 | 15,888,000 |
| Summary | |||
| Free Cash Flow | -19,836,000 | -72,034,000 | -107,538,000 |
| Net Change in Cash | -12,115,000 | -81,345,000 | -106,765,000 |