| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $905M | $2.6B | -$535M | -65.1% | 269.2% |
| Op. Income | -$2.0B | $3.5B | -$953M | -155.8% | -105.1% |
| Gross Margin | -120.7% | 165.8% | 56.8% | -286.5pp | -177.5pp |
| Net Margin | -172.3% | 106.9% | 132.7% | -279.2pp | -305.0pp |
| EPS (Diluted) | $-19.82 | $33.35 | $-8.48 | -159.4% | -133.7% |
| Free Cash Flow | $1.6B | $1.1B | $2.3B | 44.7% | -27.9% |
| Item | Amount |
|---|---|
| REVENUE | $905M |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | -$1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $301M |
| SG&A Expenses | $301M |
| Other Expenses | $562M |
| Operating Expenses | $863M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | -$2.0B |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2.0B |
| Income Tax Expense | -$395M |
| Net Income from Continuing Ops | -$1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.6B |
| D&A | $0 |
| EBIT | -$1.9B |
| EBITDA | -$1.9B |
| EPS | -$20 |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$1.6B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$183M |
| Other Non-Cash Items | $3.3B |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | $375M |
| NET CASH FROM INVESTING | $93M |
| Net Debt Issuance | -$541M |
| Common Stock Repurchased | -$70M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | -$74M |
