| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.1B | — | $7.2B | — | 12.9% |
| Op. Income | -$3.3B | — | -$2.3B | — | -44.8% |
| Gross Margin | 5.5% | — | 10.4% | — | -5.0pp |
| Net Margin | -38.0% | — | -29.6% | — | -8.5pp |
| EPS (Diluted) | $-1.82 | — | $-1.30 | — | -39.9% |
| Free Cash Flow | -$2.3B | — | -$1.6B | — | -45.1% |
| Item | Amount |
|---|---|
| REVENUE | $8.1B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $446M |
| R&D Expenses | $2.0B |
| Selling & Marketing | $386M |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.7B |
| Other Expenses | $48M |
| Operating Expenses | $3.8B |
| Cost & Expenses | $11.4B |
| OPERATING INCOME | -$3.3B |
| Interest Income | $323M |
| Interest Expense | $59M |
| Other Income/Expenses | $321M |
| INCOME BEFORE TAX | -$3.0B |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | -$3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.1B |
| D&A | $717M |
| EBIT | -$2.9B |
| EBITDA | -$2.2B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3.1B |
| Depreciation & Amortization | $717M |
| Stock-Based Compensation | $346M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $633M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | -$202M |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $505M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $966M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.1B |
| NET CASH FROM FINANCING | $4.0B |
| FREE CASH FLOW | -$2.3B |
| Net Change in Cash | $2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $2.5B |
| Net Receivables | $681M |
| Inventory | $771M |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $10.3B |
| PP&E (Net) | $5.5B |
| Goodwill | $0 |
| Intangible Assets | $35M |
| Long-Term Investments | $802M |
| Tax Assets | $0 |
| Other Non-Current Assets | $555M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $17.2B |
| Account Payables | $4.3B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $417M |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $493M |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $477M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $12.8B |
| Common Stock | $529.2K |
| Additional Paid-In Capital | $17.2B |
| Retained Earnings | -$13.3B |
| Treasury Stock | -$270M |
| Accum. Other Comp. Income | $63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $592M |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $17.2B |
| Total Debt | $5.1B |
| Net Debt | $262M |
