| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | — | $6.8B | — | -53.3% |
| Op. Income | -$3.9B | — | -$4.2B | — | 6.9% |
| Gross Margin | 54.2% | — | 31.5% | — | 22.8pp |
| Net Margin | -111.3% | — | -68.8% | — | -42.5pp |
| EPS (Diluted) | $-9.27 | — | $-12.34 | — | 24.9% |
| Free Cash Flow | -$4.1B | — | -$3.8B | — | -6.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $4.5B |
| Selling & Marketing | $146M |
| General & Administrative | $1.0B |
| SG&A Expenses | $1.2B |
| Other Expenses | -$37M |
| Operating Expenses | $5.7B |
| Cost & Expenses | $7.1B |
| OPERATING INCOME | -$3.9B |
| Interest Income | $425M |
| Interest Expense | $24M |
| Other Income/Expenses | $338M |
| INCOME BEFORE TAX | -$3.6B |
| Income Tax Expense | -$46M |
| Net Income from Continuing Ops | -$3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.6B |
| D&A | $189M |
| EBIT | -$3.6B |
| EBITDA | -$3.4B |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$3.6B |
| Depreciation & Amortization | $189M |
| Stock-Based Compensation | $429M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | -$3.0B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.5B |
| Sales/Maturities of Investments | $9.5B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | -$4.1B |
| Net Change in Cash | -$999M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $5.1B |
| Net Receivables | $592M |
| Inventory | $117M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $3.0B |
| Goodwill | $52M |
| Intangible Assets | $40M |
| Long-Term Investments | $2.5B |
| Tax Assets | $81M |
| Other Non-Current Assets | $407M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $405M |
| Short-Term Debt | $0 |
| Deferred Revenue | $153M |
| Other Current Liabilities | $863M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $267M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $866M |
| Retained Earnings | $10.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.9B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $747M |
| Net Debt | -$1.2B |
