| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $615M | — | — | — | — |
| Op. Income | -$93M | — | — | — | — |
| Gross Margin | 39.0% | — | — | — | — |
| Net Margin | -14.8% | — | — | — | — |
| EPS (Diluted) | $-0.02 | — | — | — | — |
| Free Cash Flow | $299M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $615M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $240M |
| R&D Expenses | $99M |
| Selling & Marketing | $76M |
| General & Administrative | $131M |
| SG&A Expenses | $207M |
| Other Expenses | $27M |
| Operating Expenses | $333M |
| Cost & Expenses | $708M |
| OPERATING INCOME | -$93M |
| Interest Income | $54M |
| Interest Expense | $18M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$83M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $37M |
| EBIT | -$65M |
| EBITDA | -$28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $276M |
| OPERATING CASH FLOW | $322M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $491M |
| NET CASH FROM INVESTING | $468M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $299M |
| Net Change in Cash | $736M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $1.8B |
| Net Receivables | $388M |
| Inventory | $46M |
| Other Current Assets | $227M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $475M |
| Goodwill | $0 |
| Intangible Assets | $917M |
| Long-Term Investments | $1.5B |
| Tax Assets | $34M |
| Other Non-Current Assets | $218M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $895M |
| Short-Term Debt | $121M |
| Deferred Revenue | $362M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $657M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $157M |
| TOTAL NON-CURRENT LIABILITIES | $834M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $22.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$16.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $454M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $42M |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $778M |
| Net Debt | -$2.2B |
