| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $4.8B | $3.4B | -29.8% | -1.2% |
| Op. Income | -$50M | $51M | $177M | -196.4% | -128.0% |
| Gross Margin | 11.9% | 12.5% | 17.3% | -0.6pp | -5.5pp |
| Net Margin | 2.6% | 0.1% | 3.4% | 2.6pp | -0.7pp |
| EPS (Diluted) | $3.13 | $0.33 | $8.74 | 857.1% | -64.2% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $400M |
| R&D Expenses | $35M |
| Selling & Marketing | $214M |
| General & Administrative | $200M |
| SG&A Expenses | $414M |
| Other Expenses | $0 |
| Operating Expenses | $449M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | -$50M |
| Interest Income | $14M |
| Interest Expense | $41M |
| Other Income/Expenses | $260M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $0 |
| EBIT | $249M |
| EBITDA | $249M |
| EPS | $7 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$89M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $0 |
| Net Receivables | $3.6B |
| Inventory | $2.9B |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $12.0B |
| PP&E (Net) | $6.4B |
| Goodwill | $0 |
| Intangible Assets | $319M |
| Long-Term Investments | $321M |
| Tax Assets | $189M |
| Other Non-Current Assets | $751M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $20.0B |
| Account Payables | $2.2B |
| Short-Term Debt | $5.3B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $726M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $15.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.1B |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $2.0B |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $20.0B |
| Total Debt | $7.8B |
| Net Debt | $5.2B |
