| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $653M | — | — | — | — |
| Op. Income | -$75M | — | — | — | — |
| Gross Margin | 39.7% | — | — | — | — |
| Net Margin | -15.9% | — | — | — | — |
| EPS (Diluted) | $-0.03 | — | — | — | — |
| Free Cash Flow | -$22M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $653M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $259M |
| R&D Expenses | $116M |
| Selling & Marketing | $71M |
| General & Administrative | $127M |
| SG&A Expenses | $198M |
| Other Expenses | $20M |
| Operating Expenses | $334M |
| Cost & Expenses | $728M |
| OPERATING INCOME | -$75M |
| Interest Income | $44M |
| Interest Expense | $52M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$102M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | -$115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$104M |
| D&A | $40M |
| EBIT | -$50M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$104M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $94M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$68M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$341M |
| NET CASH FROM INVESTING | -$352M |
| Net Debt Issuance | -$501M |
| Common Stock Repurchased | -$97M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$610M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $1.9B |
| Net Receivables | $495M |
| Inventory | $48M |
| Other Current Assets | $282M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $485M |
| Goodwill | $0 |
| Intangible Assets | $912M |
| Long-Term Investments | $1.6B |
| Tax Assets | $58M |
| Other Non-Current Assets | $265M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $855M |
| Short-Term Debt | $92M |
| Deferred Revenue | $479M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $206M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $157M |
| TOTAL NON-CURRENT LIABILITIES | $384M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $22.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$17.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $413M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $49M |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $298M |
| Net Debt | -$1.8B |
