| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | — | $1.4B | — | 64.6% |
| Op. Income | -$519M | — | -$1.4B | — | 62.2% |
| Gross Margin | 36.5% | — | 5.4% | — | 31.1pp |
| Net Margin | -18.4% | — | -117.4% | — | 99.0pp |
| EPS (Diluted) | $-0.11 | — | $-0.44 | — | 75.0% |
| Free Cash Flow | $15M | — | -$856M | — | 101.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $860M |
| R&D Expenses | $421M |
| Selling & Marketing | $293M |
| General & Administrative | $550M |
| SG&A Expenses | $843M |
| Other Expenses | $115M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | -$519M |
| Interest Income | $197M |
| Interest Expense | $99M |
| Other Income/Expenses | $53M |
| INCOME BEFORE TAX | -$466M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$485M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$434M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$434M |
| D&A | $145M |
| EBIT | -$367M |
| EBITDA | -$222M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$434M |
| Depreciation & Amortization | $145M |
| Stock-Based Compensation | $304M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$75M |
| Change in Working Capital | $146M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.9B |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | -$688M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$82M |
| NET CASH FROM FINANCING | -$770M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $1.9B |
| Net Receivables | $486M |
| Inventory | $49M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $512M |
| Goodwill | $807M |
| Intangible Assets | $109M |
| Long-Term Investments | $1.3B |
| Tax Assets | $56M |
| Other Non-Current Assets | $250M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $185M |
| Short-Term Debt | $87M |
| Deferred Revenue | $381M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $544M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $158M |
| TOTAL NON-CURRENT LIABILITIES | $846M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $22.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$16.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $544M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $19M |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $793M |
| Net Debt | -$2.3B |
