| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | — | — | — | — |
| Op. Income | -$817M | — | — | — | — |
| Gross Margin | 17.7% | — | — | — | — |
| Net Margin | -32.2% | — | — | — | — |
| EPS (Diluted) | $-2.15 | — | — | — | — |
| Free Cash Flow | -$427M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $385M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $586M |
| SG&A Expenses | $586M |
| Other Expenses | $616M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | -$817M |
| Interest Income | $0 |
| Interest Expense | $57M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$817M |
| Income Tax Expense | -$228M |
| Net Income from Continuing Ops | -$589M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$698M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$724M |
| D&A | $236M |
| EBIT | -$760M |
| EBITDA | -$524M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$698M |
| Depreciation & Amortization | $236M |
| Stock-Based Compensation | $235M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | -$392M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $3.8B |
| Other Investing Activities | -$146M |
| NET CASH FROM INVESTING | $115M |
| Net Debt Issuance | $756M |
| Common Stock Repurchased | -$314M |
| Common Dividends Paid | -$74M |
| Other Financing Activities | $2.0B |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | -$427M |
| Net Change in Cash | $2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $116M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $18.8B |
| TOTAL CURRENT ASSETS | $28.2B |
| PP&E (Net) | $516M |
| Goodwill | $5.1B |
| Intangible Assets | $452M |
| Long-Term Investments | $96.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $146.0B |
| TOTAL NON-CURRENT ASSETS | $248.6B |
| TOTAL ASSETS | $276.8B |
| Account Payables | $0 |
| Short-Term Debt | $370M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.9B |
| TOTAL CURRENT LIABILITIES | $12.5B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $253.2B |
| TOTAL NON-CURRENT LIABILITIES | $259.1B |
| TOTAL LIABILITIES | $271.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $10.2B |
| Treasury Stock | -$3.7B |
| Accum. Other Comp. Income | -$7.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $2.5B |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $276.8B |
| Total Debt | $6.3B |
| Net Debt | -$1.9B |
