| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $721M | $3.8B | 470.5% | 7.3% |
| Op. Income | $1.5B | -$1.6B | -$1.2B | 194.7% | 230.6% |
| Gross Margin | -7.3% | 256.2% | -11.7% | -263.5pp | 4.4pp |
| Net Margin | 29.7% | -171.3% | -23.0% | 201.0pp | 52.7pp |
| EPS (Diluted) | $6.93 | $-7.34 | $-5.20 | 194.4% | 233.3% |
| Free Cash Flow | -$1.3B | -$1.9B | -$774M | 28.1% | -73.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | -$301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$1.8B |
| Operating Expenses | -$1.8B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $81M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $306M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $0 |
| EBIT | $1.6B |
| EBITDA | $1.6B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.0B |
| Change in Working Capital | -$612M |
| OPERATING CASH FLOW | -$1.3B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | $1.9B |
| NET CASH FROM INVESTING | $1.6B |
| Net Debt Issuance | $280M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$77M |
| Other Financing Activities | $292M |
| NET CASH FROM FINANCING | $461M |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | $757M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $20.2B |
| Net Receivables | $29.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53.7B |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $0 |
| Long-Term Investments | -$11.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $340.3B |
| TOTAL NON-CURRENT ASSETS | $329.6B |
| TOTAL ASSETS | $383.4B |
| Account Payables | $0 |
| Short-Term Debt | $503M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $18.0B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $6.1B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $346.0B |
| TOTAL NON-CURRENT LIABILITIES | $357.8B |
| TOTAL LIABILITIES | $375.8B |
| Common Stock | $4.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.5B |
| TOTAL LIABILITIES & EQUITY | $383.4B |
| Total Debt | $6.2B |
| Net Debt | $2.1B |
