Revenue: As of FY2025 Q1, the actual value is USD 0.EPS: As of FY2025 Q1, the actual value is USD -1.03.EBIT: As of FY2025 Q1, the actual value is USD -6.881 M.<h3>Segment Revenue</h3><ul><li>Total Revenue: The company did not recognize any revenue during the three months ended March 31, 2025, as it did not have any active revenue-generating projects at the time.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: The company reported a net loss of $6.4 million for the three months ended March 31, 2025, compared to a net loss of $15.2 million for the same period in 2024.</li><li>Operating Loss: Operating loss was $6.9 million for the three months ended March 31, 2025, compared to $16.1 million for the same period in 2024.</li><li>Gross Profit: No gross profit was reported for the three months ended March 31, 2025, compared to $51 thousand for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: Net cash used in operating activities was $8.4 million for the three months ended March 31, 2025, compared to $14.3 million for the same period in 2024.</li><li>Net Cash Provided by Investing Activities: Net cash provided by investing activities was $54 thousand for the three months ended March 31, 2025, compared to $9.9 million for the same period in 2024.</li><li>Net Cash Used in Financing Activities: Net cash used in financing activities was $9 thousand for the three months ended March 31, 2025, compared to $17 thousand for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Impairment and Other Charges: The company recognized impairment and other charges of $1.2 million during the three months ended March 31, 2025, primarily due to a right-of-use asset impairment and costs associated with closing the Manufacturing Facility.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company is undergoing a significant transition to align its operating structure with a technology-centric business model, prioritizing the commercial deployment of its energy solutions.</li><li>Non-Core Business: The company has closed its Manufacturing Facility and R&amp;D facility, halted construction of the Texas Steam Plant, and terminated the Capella Project due to escalated costs.</li><li>Priority: The company plans to continue exploring cost-saving opportunities and strategic transactions, including acquisitions, divestitures, mergers, or partnerships.</li></ul>

HELIOGEN INC | 10-Q: FY2025 Q1 Revenue: USD 0