| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.7B | — | $18.9B | — | -38.1% |
| Op. Income | -$1.1B | — | $1.7B | — | -166.6% |
| Gross Margin | 0.4% | — | 12.9% | — | -12.4pp |
| Net Margin | -6.4% | — | 7.2% | — | -13.6pp |
| EPS (Diluted) | $-4.92 | — | $7.78 | — | -163.2% |
| Free Cash Flow | -$2.1B | — | $3.6B | — | -157.5% |
| Item | Amount |
|---|---|
| REVENUE | $11.7B |
| Cost of Revenue | $11.7B |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2.5B |
| SG&A Expenses | $2.5B |
| Other Expenses | -$1.3B |
| Operating Expenses | $1.2B |
| Cost & Expenses | $12.9B |
| OPERATING INCOME | -$1.1B |
| Interest Income | $0 |
| Interest Expense | $331M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | -$396M |
| Net Income from Continuing Ops | -$752M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$752M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | -$835M |
| D&A | $44M |
| EBIT | -$817M |
| EBITDA | -$773M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$752M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0B |
| Change in Working Capital | -$3.4B |
| OPERATING CASH FLOW | -$2.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11.8B |
| Sales/Maturities of Investments | $9.8B |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | -$542M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$305M |
| Other Financing Activities | $6.4B |
| NET CASH FROM FINANCING | $5.4B |
| FREE CASH FLOW | -$2.1B |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $88.7B |
| Net Receivables | $29.8B |
| Inventory | $0 |
| Other Current Assets | -$121.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $26.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $344.5B |
| TOTAL NON-CURRENT ASSETS | $372.4B |
| TOTAL ASSETS | $372.4B |
| Account Payables | $0 |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$8.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $5.9B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $358.2B |
| TOTAL NON-CURRENT LIABILITIES | $369.0B |
| TOTAL LIABILITIES | $365.5B |
| Common Stock | $4.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $372.4B |
| Total Debt | $6.1B |
| Net Debt | $2.8B |
