| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $808M | — | $595M | — | 35.7% |
| Op. Income | -$3.0B | — | -$3.1B | — | 2.5% |
| Gross Margin | -114.3% | — | -225.2% | — | 111.0pp |
| Net Margin | -336.0% | — | -475.1% | — | 139.2pp |
| EPS (Diluted) | $-12.50 | — | $-13.60 | — | 8.1% |
| Free Cash Flow | -$2.9B | — | -$3.4B | — | 14.6% |
| Item | Amount |
|---|---|
| REVENUE | $808M |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | -$923M |
| R&D Expenses | $1.2B |
| Selling & Marketing | $50M |
| General & Administrative | $851M |
| SG&A Expenses | $901M |
| Other Expenses | $20M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | -$3.0B |
| Interest Income | $213M |
| Interest Expense | $33M |
| Other Income/Expenses | $308M |
| INCOME BEFORE TAX | -$2.7B |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.1B |
| D&A | $295M |
| EBIT | -$2.7B |
| EBITDA | -$2.4B |
| EPS | -$13 |
| EPS Diluted | -$13 |
| Item | Amount |
|---|---|
| Net Income | -$2.7B |
| Depreciation & Amortization | $295M |
| Stock-Based Compensation | $286M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $437M |
| Change in Working Capital | -$324M |
| OPERATING CASH FLOW | -$2.0B |
| Capital Expenditure | -$884M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.6B |
| Sales/Maturities of Investments | $4.2B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $3.5B |
| FREE CASH FLOW | -$2.9B |
| Net Change in Cash | $236M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $2.4B |
| Net Receivables | $112M |
| Inventory | $408M |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $3.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $249M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $134M |
| Short-Term Debt | $126M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $653M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $303.0K |
| Additional Paid-In Capital | $16.8B |
| Retained Earnings | -$12.9B |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $2.5B |
| Net Debt | $870M |
