| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $960M | — | 121.2% | — |
| Op. Income | -$159M | $44M | — | -458.1% | — |
| Gross Margin | 14.4% | 53.7% | — | -39.3pp | — |
| Net Margin | -5.8% | 1.4% | — | -7.2pp | — |
| EPS (Diluted) | $-0.43 | $0.05 | — | -1025.0% | — |
| Free Cash Flow | $679M | $739M | — | -8.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $306M |
| R&D Expenses | $0 |
| Selling & Marketing | $293M |
| General & Administrative | $81M |
| SG&A Expenses | $374M |
| Other Expenses | $91M |
| Operating Expenses | $465M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | -$159M |
| Interest Income | $1.7B |
| Interest Expense | $1.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$159M |
| Income Tax Expense | -$37M |
| Net Income from Continuing Ops | -$122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$123M |
| D&A | $0 |
| EBIT | -$159M |
| EBITDA | -$159M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$123M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | -$5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14.8B |
| Change in Working Capital | $15.5B |
| OPERATING CASH FLOW | $686M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$586M |
| NET CASH FROM INVESTING | -$593M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$210M |
| Other Financing Activities | $81M |
| NET CASH FROM FINANCING | -$129M |
| FREE CASH FLOW | $679M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $0 |
| Net Receivables | $781M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $85M |
| Goodwill | $1.3B |
| Intangible Assets | $128M |
| Long-Term Investments | $23.4B |
| Tax Assets | $814M |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $27.9B |
| TOTAL ASSETS | $34.6B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $228M |
| Long-Term Debt | $6.5B |
| Deferred Revenue NC | $320M |
| Deferred Tax Liabilities | $77M |
| Other Non-Current Liabilities | $13.8B |
| TOTAL NON-CURRENT LIABILITIES | $20.7B |
| TOTAL LIABILITIES | $20.9B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $9.6B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $225M |
| TOTAL EQUITY | $13.7B |
| TOTAL LIABILITIES & EQUITY | $34.6B |
| Total Debt | $6.6B |
| Net Debt | $712M |
