Income Statement | | | | | | | | | | | | |
| | | | | | | | | | | | Original |
USD | Fiscal Year Ending | | Latest |
(in millions) | | | | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 |
| FY - 9 | FY - 8 | FY - 7 | FY - 6 | FY - 5 | FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM |
| | | | | | | | | | | | |
Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
% Growth | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | | |
| | | | | | | | | | | | |
Cost of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
% Revenue | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | | NA |
| | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | (4) | (11) | (45) | (121) | (143) | (211) | (281) | | (281) |
Selling and Marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
General and Admin | 0 | 0 | 0 | (1) | (3) | (13) | (29) | (28) | (31) | (62) | | (62) |
Other Inc / (Exp) | 0 | 0 | 0 | (0) | (1) | (0) | (0) | (0) | (1) | (0) | | (0) |
Total Operating Exp | 0 | 0 | 0 | (5) | (15) | (59) | (150) | (171) | (244) | (344) | | (344) |
| | | | | | | | | | | | |
Operating Income | 0 | 0 | 0 | (5) | (15) | (59) | (150) | (171) | (244) | (344) | | (344) |
% Revenue | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | | NA |
| | | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | (0) | 1 | 3 | 8 | 27 | | 27 |
Pre-tax Income | 0 | 0 | 0 | (5) | (15) | (59) | (149) | (168) | (236) | (317) | | (317) |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Provision for Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Net Income to Company | 0 | 0 | 0 | (5) | (15) | (59) | (149) | (168) | (236) | (317) | | (317) |
% Margin | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | | NA |
| | | | | | | | | | | | |
Minority Interest in Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Net Income to Stockholders | 0 | 0 | 0 | (5) | (15) | (59) | (149) | (168) | (236) | (317) | | (317) |
| | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Other Adj. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
| | | | | | | | | | | | |
Net Income to Common | 0 | 0 | 0 | (5) | (15) | (59) | (149) | (168) | (236) | (317) | | (317) |
% Margin | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | | NA |
| | | | | | | | | | | | |
As Reported | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 0.00 | 0.00 | 0.00 | (10.15) | (6.08) | (4.13) | (2.93) | (3.23) | (3.95) | (3.37) | | (3.37) |
Diluted EPS (Continuing Ops) | 0.00 | 0.00 | 0.00 | (10.15) | (6.08) | (4.13) | (2.93) | (3.23) | (3.95) | (3.37) | | (3.37) |
| | | | | | | | | | | | |
WA Basic Shares Out. | 0.00 | 0.00 | 0.00 | 0.47 | 2.44 | 14.40 | 50.90 | 51.98 | 59.68 | 94.14 | | 94.14 |
WA Diluted Shares Out. | 0.00 | 0.00 | 0.00 | 0.47 | 2.44 | 14.40 | 50.90 | 51.98 | 59.68 | 94.14 | | 94.14 |
| | | | | | | | | | | | |
EBITDA, EBIT Reconciliation | | | | | | | | | | | | |
EBT, Incl. Unusual Items | 0 | 0 | 0 | (5) | (15) | (59) | (149) | (168) | (236) | (317) | | (317) |
Addback: Net Interest Expense | 0 | 0 | 0 | (0) | (0) | 0 | (1) | (3) | (8) | (27) | | (27) |
Addback: Other Non Operating Expenses, Total | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | | 0 |
Addback: Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | | 2 |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0) | | (0) |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | | 0 |
Adjusted EBITDA | 0 | 0 | 0 | (5) | (14) | (58) | (149) | (169) | (240) | (342) | | (342) |
% Margin | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | | NA |
| | | | | | | | | | | | |
Adjusted EBIT | 0 | 0 | 0 | (5) | (14) | (59) | (150) | (171) | (242) | (344) | | (344) |
% Margin | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | | NA |
| | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | |
Net Income to Company | 0 | 0 | 0 | (5) | (15) | (59) | (149) | (168) | (236) | (317) | | (317) |
Addback: Unusual Items | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | (0) | | (0) |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | (0) | (0) | 0 | (0) | (0) | (0) | 0 | | 0 |
Adjusted Net Income | 0 | 0 | 0 | (5) | (14) | (59) | (149) | (168) | (236) | (317) | | (317) |
% Margin | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | | NA |