| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.7B | — | -21.9% | — |
| Op. Income | $35M | -$20M | — | 275.3% | — |
| Gross Margin | 19.0% | 12.5% | — | 6.5pp | — |
| Net Margin | 0.9% | -0.1% | — | 1.0pp | — |
| EPS (Diluted) | $0.19 | $-0.02 | — | 1004.8% | — |
| Free Cash Flow | -$731M | $258M | — | -383.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $253M |
| R&D Expenses | $34M |
| Selling & Marketing | $88M |
| General & Administrative | $95M |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $217M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $35M |
| Interest Income | $34M |
| Interest Expense | $35M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $110M |
| EBIT | $80M |
| EBITDA | $190M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $253M |
| R&D Expenses | $34M |
| Selling & Marketing | $88M |
| General & Administrative | $95M |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $217M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $35M |
| Interest Income | $34M |
| Interest Expense | $35M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $110M |
| EBIT | $80M |
| EBITDA | $190M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $110M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $72M |
| Change in Working Capital | -$486M |
| OPERATING CASH FLOW | -$291M |
| Capital Expenditure | -$440M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$433M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $723M |
| NET CASH FROM FINANCING | $723M |
| FREE CASH FLOW | -$731M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $1.6B |
| Other Current Assets | $248M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $4.4B |
| Goodwill | $0 |
| Intangible Assets | $35M |
| Long-Term Investments | $280M |
| Tax Assets | $278M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $818M |
| Short-Term Debt | $3.1B |
| Deferred Revenue | $362M |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $83M |
| Other Non-Current Liabilities | $474M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $836M |
| Additional Paid-In Capital | $298M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$166M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $5.2B |
| Net Debt | $2.3B |
