| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | — | $2.0B | — | -13.7% |
| Op. Income | -$20M | — | $136M | — | -114.9% |
| Gross Margin | 12.5% | — | 17.7% | — | -5.1pp |
| Net Margin | -0.1% | — | 3.9% | — | -4.0pp |
| EPS (Diluted) | $-0.02 | — | $1.11 | — | -101.9% |
| Free Cash Flow | $258M | — | $131M | — | 97.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $213M |
| R&D Expenses | $32M |
| Selling & Marketing | $94M |
| General & Administrative | $108M |
| SG&A Expenses | $202M |
| Other Expenses | $0 |
| Operating Expenses | $234M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | -$20M |
| Interest Income | $16M |
| Interest Expense | $33M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $7M |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $411M |
| EBIT | $18M |
| EBITDA | $429M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $138M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $654M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $772M |
| Capital Expenditure | -$515M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$112M |
| Sales/Maturities of Investments | $295.0K |
| Other Investing Activities | $125M |
| NET CASH FROM INVESTING | -$499M |
| Net Debt Issuance | $434M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $123M |
| NET CASH FROM FINANCING | -$343M |
| FREE CASH FLOW | $258M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.4B |
| Other Current Assets | $293M |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $4.3B |
| Goodwill | $0 |
| Intangible Assets | $20M |
| Long-Term Investments | $277M |
| Tax Assets | $263M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $814M |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $392M |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $83M |
| Other Non-Current Liabilities | $471M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $836M |
| Additional Paid-In Capital | $293M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $4.5B |
| Net Debt | $1.5B |
