| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $721M | $4.2B | $4.2B | -82.9% | -82.8% |
| Op. Income | -$1.6B | $1.0B | -$35M | -256.1% | -4511.4% |
| Gross Margin | 256.2% | -6.8% | 58.6% | 263.0pp | 197.6pp |
| Net Margin | -171.3% | 20.2% | 0.1% | -191.5pp | -171.4pp |
| EPS (Diluted) | $-7.34 | $4.79 | $4.76 | -253.2% | -254.2% |
| Free Cash Flow | -$1.9B | $46M | $639M | -4160.9% | -392.3% |
| Item | Amount |
|---|---|
| REVENUE | $721M |
| Cost of Revenue | -$1.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.5B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | -$1.6B |
| Interest Income | $0 |
| Interest Expense | $81M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1.6B |
| Income Tax Expense | -$379M |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | -$73M |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $0 |
| EBIT | -$1.5B |
| EBITDA | -$1.5B |
| 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 | $1.3B |
| Change in Working Capital | -$1.9B |
| OPERATING CASH FLOW | -$1.9B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | -$394M |
| NET CASH FROM INVESTING | -$714M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$76M |
| Other Financing Activities | $3.5B |
| NET CASH FROM FINANCING | $3.4B |
| FREE CASH FLOW | -$1.9B |
| Net Change in Cash | $836M |
| 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 | $91.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$92.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| 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 | -$11.8B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| 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 |
