| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $6.3B | $4.6B | -23.1% | 6.4% |
| Op. Income | -$682M | $200M | -$212M | -440.9% | -222.1% |
| Gross Margin | 42.1% | 41.0% | 38.6% | 1.2pp | 3.6pp |
| Net Margin | -15.9% | -1.9% | -3.9% | -14.0pp | -12.1pp |
| EPS (Diluted) | $-0.88 | $-0.13 | $-0.19 | -581.8% | -368.8% |
| Free Cash Flow | $0 | $122M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $617M |
| Selling & Marketing | $1.3B |
| General & Administrative | $185M |
| SG&A Expenses | $1.4B |
| Other Expenses | $671M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | -$682M |
| Interest Income | $16M |
| Interest Expense | $109M |
| Other Income/Expenses | -$110M |
| INCOME BEFORE TAX | -$792M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | -$774M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $1M |
| NET INCOME | -$775M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$778M |
| D&A | $0 |
| EBIT | -$684M |
| EBITDA | -$684M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$778M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $778M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$1.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$15.5B |
| TOTAL NON-CURRENT LIABILITIES | -$15.5B |
| TOTAL LIABILITIES | -$15.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15.5B |
| Other Equity | $40M |
| TOTAL STOCKHOLDERS' EQUITY | $15.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.5B |
| TOTAL LIABILITIES & EQUITY | $0 |
| Total Debt | $0 |
| Net Debt | $0 |
