Tue, May 13, 6:50 PM (62 days ago)
**Lucent, Inc. (LUCN) Q1 2025 Financial Summary** Lucent, Inc. (LUCN) reported a challenging first quarter for 2025, with no revenue generated and a net loss of $326,006,000. The company's total assets stood at $102,677,069,000, with current liabilities at $7,408,054,000 and a stockholders' deficit of $343,726,000. The company has no cash on hand, indicating significant liquidity concerns. **Key Financial Metrics:** - **Revenue:** $0 - **Net Loss:** $326,006,000 - **Total Assets:** $102,677,069,000 - **Current Liabilities:** $7,408,054,000 - **Stockholders' Deficit:** $343,726,000 - **Cash Flow from Operating Activities:** -$326,006,000 - **Cash Flow from Financing Activities:** $620,000 **Performance Discussion:** Lucent, Inc. operates in the AI datacenter and cloud computing industry, focusing on AI applications and clean energy. The company has a limited operational history and has not generated any revenues. Management anticipates substantial losses in the foreseeable future and uncertainties in generating revenues in the next 12 months. **Trends and Uncertainties:** - **Going Concern:** The company's ability to continue as a going concern is dependent on obtaining additional financing and achieving profitable operations. - **Liquidity:** Lucent, Inc. has limited working capital and relies on additional investment capital to fund operating expenses. - **Future Operations:** The company plans to seek additional capital through private placements and public offerings of common stock if necessary. **Future Impact:** Lucent, Inc. faces significant challenges in achieving financial viability and generating revenues. The company's future operations will depend on its ability to secure additional financing and establish a stable revenue stream. The lack of cash on hand and the substantial stockholders' deficit highlight the urgent need for strategic financial planning and execution.