| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $258M | $1.1B | 354.8% | 7.3% |
| Op. Income | $61M | -$116M | -$12M | 152.3% | 593.5% |
| Gross Margin | 65.6% | 50.2% | 63.9% | 15.3pp | 1.7pp |
| Net Margin | -114.2% | 871.5% | 46.7% | -985.6pp | -160.9pp |
| EPS (Diluted) | $-3.84 | $6.17 | $1.32 | -162.2% | -390.9% |
| Free Cash Flow | -$114M | $621M | $40M | -118.4% | -388.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $403M |
| GROSS PROFIT | $768M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $288M |
| SG&A Expenses | $288M |
| Other Expenses | $419M |
| Operating Expenses | $707M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $61M |
| Interest Income | $18M |
| Interest Expense | $128M |
| Other Income/Expenses | -$1.5B |
| INCOME BEFORE TAX | -$1.4B |
| Income Tax Expense | -$70M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $232M |
| EBIT | -$1.3B |
| EBITDA | -$1.0B |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $248M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$243M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $296M |
| NET CASH FROM INVESTING | $53M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | -$114M |
| Net Change in Cash | $166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $0 |
| Net Receivables | $572M |
| Inventory | $0 |
| Other Current Assets | $562M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $5.3B |
| Goodwill | $3.3B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $12.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $653M |
| TOTAL NON-CURRENT ASSETS | $22.9B |
| TOTAL ASSETS | $26.0B |
| Account Payables | $361M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $556M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $901M |
| TOTAL NON-CURRENT LIABILITIES | $9.8B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $775M |
| Retained Earnings | $10.9B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $965M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.6B |
| Minority Interest | $193M |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $26.0B |
| Total Debt | $10.2B |
| Net Debt | $8.3B |
