| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.7B | $14.0B | $18.4B | -16.6% | -36.2% |
| Op. Income | -$1.5B | -$1.1B | $4.3B | -29.7% | -133.8% |
| Gross Margin | 34.2% | 39.2% | 50.4% | -5.0pp | -16.2pp |
| Net Margin | -23.5% | -4.7% | 44.2% | -18.8pp | -67.7pp |
| EPS (Diluted) | $-0.66 | $-0.16 | $1.98 | -312.5% | -133.3% |
| Free Cash Flow | -$9.2B | $2.0B | $1.1B | -559.0% | -940.8% |
| Item | Amount |
|---|---|
| REVENUE | $11.7B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | $64M |
| Operating Expenses | $5.5B |
| Cost & Expenses | $13.2B |
| OPERATING INCOME | -$1.5B |
| Interest Income | $334M |
| Interest Expense | $193M |
| Other Income/Expenses | $310M |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | -$2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.8B |
| D&A | $2.4B |
| EBIT | -$965M |
| EBITDA | $1.4B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2.8B |
| Depreciation & Amortization | $2.4B |
| Stock-Based Compensation | $739M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$112M |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | -$1.8B |
| Capital Expenditure | -$7.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16.1B |
| Sales/Maturities of Investments | $14.2B |
| Other Investing Activities | $851M |
| NET CASH FROM INVESTING | -$8.5B |
| Net Debt Issuance | $8.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $224M |
| NET CASH FROM FINANCING | $7.4B |
| FREE CASH FLOW | -$9.2B |
| Net Change in Cash | -$2.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $19.3B |
| Net Receivables | $3.8B |
| Inventory | $13.0B |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $48.3B |
| PP&E (Net) | $85.7B |
| Goodwill | $27.6B |
| Intangible Assets | $5.6B |
| Long-Term Investments | $6.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.1B |
| TOTAL NON-CURRENT ASSETS | $137.0B |
| TOTAL ASSETS | $185.3B |
| Account Payables | $8.1B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $27.4B |
| Long-Term Debt | $48.8B |
| Deferred Revenue NC | -$3.8B |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $57.5B |
| TOTAL LIABILITIES | $84.9B |
| Common Stock | $32.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $65.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$419M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98.1B |
| Minority Interest | $2.3B |
| TOTAL EQUITY | $100.4B |
| TOTAL LIABILITIES & EQUITY | $185.3B |
| Total Debt | $50.3B |
| Net Debt | $42.0B |
