| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $344M | $1.8B | $4.6B | -81.3% | -92.5% |
| Op. Income | -$1.9B | -$366M | $2.4B | -410.1% | -176.3% |
| Gross Margin | -112.5% | 56.9% | 69.8% | -169.4pp | -182.3pp |
| Net Margin | -401.2% | 4.3% | 48.1% | -405.5pp | -449.3pp |
| EPS (Diluted) | $-3.62 | $0.20 | $5.24 | -1910.0% | -169.1% |
| Free Cash Flow | -$1.1B | -$1.3B | $217M | 14.1% | -629.5% |
| Item | Amount |
|---|---|
| REVENUE | $344M |
| Cost of Revenue | $731M |
| GROSS PROFIT | -$387M |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $332M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | -$1.9B |
| Interest Income | $104M |
| Interest Expense | $13M |
| Other Income/Expenses | $118M |
| INCOME BEFORE TAX | -$1.7B |
| Income Tax Expense | -$369M |
| Net Income from Continuing Ops | -$1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.4B |
| D&A | $90M |
| EBIT | -$1.7B |
| EBITDA | -$1.6B |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$1.4B |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $74M |
| Deferred Income Tax | -$220M |
| Other Non-Cash Items | -$55M |
| Change in Working Capital | $574M |
| OPERATING CASH FLOW | -$915M |
| Capital Expenditure | -$234M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$196M |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$628M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$668M |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | $361M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $4.7B |
| Net Receivables | $688M |
| Inventory | $715M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $10.6B |
| PP&E (Net) | $2.4B |
| Goodwill | $52M |
| Intangible Assets | $46M |
| Long-Term Investments | $6.2B |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $11.3B |
| TOTAL ASSETS | $21.9B |
| Account Payables | $310M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $692M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $193M |
| Retained Earnings | $17.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$263M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.9B |
| TOTAL LIABILITIES & EQUITY | $21.9B |
| Total Debt | $1.2B |
| Net Debt | -$2.6B |
