| Income Statement (Quarterly) | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 5,262,000 | 1,567,000 | 5,221,000 | 2,287,000 |
| Cost of Revenue | 656,000 | 197,000 | 619,000 | 1,021,000 |
| Gross Profit | 4,606,000 | 1,370,000 | 4,602,000 | 1,266,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 13,500,000 | 10,908,000 | 9,403,000 | 11,575,000 |
| Operating Expenses | 48,883,000 | 40,701,000 | 50,430,000 | 41,494,000 |
| Operating Income | -43,865,000 | -39,331,000 | -45,828,000 | -40,228,000 |
| Interest Expense | 15,591,000 | 15,109,000 | 14,876,000 | 16,611,000 |
| Income Before Tax | -37,294,000 | -43,141,000 | -72,405,000 | -44,409,000 |
| Income Tax Expense | -425,000 | -496,000 | 856,000 | -31,000 |
| Net Income | -37,719,000 | -43,637,000 | -73,261,000 | -44,378,000 |
| Per Share | ||||
| EPS | -0.69 | -0.82 | -1.50 | -0.91 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Revenue | 27,119,000 | 15,843,000 | 106,483,000 |
| Cost of Revenue | 18,327,000 | 13,628,000 | 11,880,000 |
| Gross Profit | 8,792,000 | 2,215,000 | 94,603,000 |
| Operating Expenses | |||
| R&D Expenses | 0 | 0 | 0 |
| SG&A Expenses | 52,657,000 | 74,591,000 | 46,522,000 |
| Operating Expenses | 196,439,000 | 285,086,000 | 237,032,000 |
| Operating Income | -184,294,000 | -282,871,000 | -142,429,000 |
| Interest Expense | 63,741,000 | 41,557,000 | 11,704,000 |
| Income Before Tax | -237,127,000 | -306,557,000 | -128,259,000 |
| Income Tax Expense | 2,429,000 | 1,921,000 | -1,470,000 |
| Net Income | -239,556,000 | -308,478,000 | -126,789,000 |
| Per Share | |||
| EPS | -4.92 | -6.47 | -2.71 |
| 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 | 158,930,000 | 241,360,000 | 228,012,000 |
| Short Term Investments | 208,591,000 | 376,532,000 | 124,831,000 |
| Net Receivables | 5,881,000 | 4,193,000 | 102,376,000 |
| Inventory | 0 | 12,024,000 | 6,924,000 |
| Total Current Assets | 390,289,000 | 651,853,000 | 476,774,000 |
| Property Plant Equipment | 34,071,000 | 75,337,000 | 83,258,000 |
| Goodwill and Intangibles | 93,457,000 | 86,860,000 | 84,359,000 |
| Total Assets | 556,536,000 | 831,689,000 | 704,964,000 |
| Liabilities | |||
| Account Payables | 7,227,000 | 6,586,000 | 10,984,000 |
| Short Term Debt | 7,202,000 | 8,344,000 | 8,382,000 |
| Total Current Liabilities | 40,053,000 | 73,675,000 | 75,919,000 |
| Long Term Debt | 62,460,000 | 130,065,000 | 102,791,000 |
| Total Liabilities | 563,288,000 | 624,019,000 | 228,955,000 |
| Shareholders Equity | |||
| Retained Earnings | -1,129,965,000 | -890,409,000 | -581,931,000 |
| Total Shareholders Equity | -6,752,000 | 207,670,000 | 476,009,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 158,930,000 | 241,360,000 | 228,012,000 |
| Short Term Investments | 208,591,000 | 376,532,000 | 124,831,000 |
| Net Receivables | 5,881,000 | 4,193,000 | 102,376,000 |
| Inventory | 0 | 12,024,000 | 6,924,000 |
| Total Current Assets | 390,289,000 | 651,853,000 | 476,774,000 |
| Property Plant Equipment | 34,071,000 | 75,337,000 | 83,258,000 |
| Goodwill and Intangibles | 93,457,000 | 86,860,000 | 84,359,000 |
| Total Assets | 556,536,000 | 831,689,000 | 704,964,000 |
| Liabilities | |||
| Account Payables | 7,227,000 | 6,586,000 | 10,984,000 |
| Short Term Debt | 7,202,000 | 8,344,000 | 8,382,000 |
| Total Current Liabilities | 40,053,000 | 73,675,000 | 75,919,000 |
| Long Term Debt | 62,460,000 | 130,065,000 | 102,791,000 |
| Total Liabilities | 563,288,000 | 624,019,000 | 228,955,000 |
| Shareholders Equity | |||
| Retained Earnings | -1,129,965,000 | -890,409,000 | -581,931,000 |
| Total Shareholders Equity | -6,752,000 | 207,670,000 | 476,009,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -239,556,000 | -308,478,000 | -126,789,000 |
| Depreciation & Amortization | 12,641,000 | 11,900,000 | 8,537,000 |
| Stock Based Compensation | 22,258,000 | 35,093,000 | 34,204,000 |
| Change in Working Capital | -3,944,000 | 81,123,000 | -43,384,000 |
| Operating Cash Flow | -182,728,000 | -145,929,000 | -145,060,000 |
| Investing Activities | |||
| Capital Expenditure | -3,368,000 | -7,154,000 | -17,688,000 |
| Investments | -11,689,000 | -7,154,000 | -17,688,000 |
| Investing Cash Flow | 162,968,000 | -205,686,000 | -182,734,000 |
| Financing Activities | |||
| Debt Repayment | -53,050,000 | 0 | 0 |
| Common Stock Issued/Repurchased | 2,123,000 | 308,000 | 1,445,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | -59,486,000 | 362,721,000 | 1,445,000 |
| Summary | |||
| Free Cash Flow | -186,096,000 | -153,083,000 | -162,748,000 |
| Net Change in Cash | -84,215,000 | 13,371,000 | -328,244,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -239,556,000 | -308,478,000 | -126,789,000 |
| Depreciation & Amortization | 12,641,000 | 11,900,000 | 8,537,000 |
| Stock Based Compensation | 22,258,000 | 35,093,000 | 34,204,000 |
| Change in Working Capital | -3,944,000 | 81,123,000 | -43,384,000 |
| Operating Cash Flow | -182,728,000 | -145,929,000 | -145,060,000 |
| Investing Activities | |||
| Capital Expenditure | -3,368,000 | -7,154,000 | -17,688,000 |
| Investments | -11,689,000 | -7,154,000 | -17,688,000 |
| Investing Cash Flow | 162,968,000 | -205,686,000 | -182,734,000 |
| Financing Activities | |||
| Debt Repayment | -53,050,000 | 0 | 0 |
| Common Stock Issued/Repurchased | 2,123,000 | 308,000 | 1,445,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | -59,486,000 | 362,721,000 | 1,445,000 |
| Summary | |||
| Free Cash Flow | -186,096,000 | -153,083,000 | -162,748,000 |
| Net Change in Cash | -84,215,000 | 13,371,000 | -328,244,000 |