| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $2.6B | 0.5% | -28.4% |
| Op. Income | -$413M | -$506M | $57M | 18.4% | -824.6% |
| Gross Margin | 40.2% | 29.3% | 52.9% | 10.9pp | -12.7pp |
| Net Margin | -13.0% | -22.0% | 2.5% | 9.0pp | -15.5pp |
| EPS (Diluted) | $-0.28 | $-0.47 | $0.03 | 40.4% | -972.3% |
| Free Cash Flow | $1.7B | -$1.2B | $994M | 239.4% | 71.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $754M |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $747M |
| SG&A Expenses | $780M |
| Other Expenses | $387M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | -$413M |
| Interest Income | $2.1B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$413M |
| Income Tax Expense | -$169M |
| Net Income from Continuing Ops | -$244M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$244M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$279M |
| D&A | $5M |
| EBIT | -$413M |
| EBITDA | -$408M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$244M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$213M |
| Other Non-Cash Items | $1.8B |
| Change in Working Capital | $335M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.2B |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | $1.0B |
| NET CASH FROM INVESTING | $1.2B |
| Net Debt Issuance | -$3.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$238M |
| Other Financing Activities | $2.2B |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $1.7B |
| Net Change in Cash | $467M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $20.8B |
| Net Receivables | $2.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.2B |
| PP&E (Net) | $614M |
| Goodwill | $2.8B |
| Intangible Assets | $27M |
| Long-Term Investments | $144.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.5B |
| TOTAL NON-CURRENT ASSETS | $162.0B |
| TOTAL ASSETS | $187.2B |
| Account Payables | $0 |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $149.8B |
| TOTAL CURRENT LIABILITIES | $151.9B |
| Long-Term Debt | $12.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $17.1B |
| TOTAL LIABILITIES | $169.0B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | $14.6B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $18.2B |
| TOTAL LIABILITIES & EQUITY | $187.2B |
| Total Debt | $14.2B |
| Net Debt | $12.5B |
