| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $704M | — | — | — | — |
| Op. Income | -$1.6B | — | — | — | — |
| Gross Margin | 81.1% | — | — | — | — |
| Net Margin | -168.2% | — | — | — | — |
| EPS (Diluted) | $-2.02 | — | — | — | — |
| Free Cash Flow | $83M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $704M |
| Cost of Revenue | $133M |
| GROSS PROFIT | $571M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $492M |
| SG&A Expenses | $492M |
| Other Expenses | $1.7B |
| Operating Expenses | $2.2B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | -$1.6B |
| Interest Income | $704M |
| Interest Expense | $133M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1.6B |
| Income Tax Expense | -$407M |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $36M |
| EBIT | -$1.5B |
| EBITDA | -$1.4B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.2B |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | $155M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9.5B |
| Sales/Maturities of Investments | $5.9B |
| Other Investing Activities | -$2.6B |
| NET CASH FROM INVESTING | -$6.2B |
| Net Debt Issuance | $270M |
| Common Stock Repurchased | -$715M |
| Common Dividends Paid | -$133M |
| Other Financing Activities | $6.6B |
| NET CASH FROM FINANCING | $6.0B |
| FREE CASH FLOW | $83M |
| Net Change in Cash | -$106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530M |
| Short-Term Investments | $65.5B |
| Net Receivables | $690M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $66.7B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $10.2B |
| Long-Term Investments | -$13.8B |
| Tax Assets | $7.6B |
| Other Non-Current Assets | $328.7B |
| TOTAL NON-CURRENT ASSETS | $332.7B |
| TOTAL ASSETS | $399.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $12.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $373.0B |
| TOTAL NON-CURRENT LIABILITIES | $385.0B |
| TOTAL LIABILITIES | $385.0B |
| Common Stock | $7M |
| Additional Paid-In Capital | $8.1B |
| Retained Earnings | $17.2B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$9.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.6B |
| Minority Interest | $834M |
| TOTAL EQUITY | $14.4B |
| TOTAL LIABILITIES & EQUITY | $399.4B |
| Total Debt | $12.0B |
| Net Debt | $11.5B |
