| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $546M | — | $414M | — | 32.0% |
| Op. Income | -$200M | — | $150M | — | -233.6% |
| Gross Margin | 32.1% | — | 79.3% | — | -47.2pp |
| Net Margin | -36.4% | — | 26.7% | — | -63.1pp |
| EPS (Diluted) | $-3.53 | — | $1.96 | — | -280.1% |
| Free Cash Flow | -$287.0K | — | $97M | — | -100.3% |
| Item | Amount |
|---|---|
| REVENUE | $546M |
| Cost of Revenue | $371M |
| GROSS PROFIT | $175M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $84M |
| SG&A Expenses | $84M |
| Other Expenses | $291M |
| Operating Expenses | $375M |
| Cost & Expenses | $746M |
| OPERATING INCOME | -$200M |
| Interest Income | $574M |
| Interest Expense | $371M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$200M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$199M |
| D&A | $8M |
| EBIT | -$200M |
| EBITDA | -$192M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$199M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $207M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$667M |
| Sales/Maturities of Investments | $267M |
| Other Investing Activities | $542M |
| NET CASH FROM INVESTING | $133M |
| Net Debt Issuance | $213M |
| Common Stock Repurchased | -$538.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $326M |
| NET CASH FROM FINANCING | $529M |
| FREE CASH FLOW | -$287.0K |
| Net Change in Cash | $670M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $703M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $40M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $10.9B |
| Tax Assets | $29M |
| Other Non-Current Assets | $231M |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $0 |
| Short-Term Debt | $516M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.2B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $131M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $721M |
| Retained Earnings | $219M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $925M |
| Minority Interest | $0 |
| TOTAL EQUITY | $925M |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $1.6B |
| Net Debt | $256M |
