| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | — | $3.0B | — | -7.2% |
| Op. Income | -$2.0B | — | $139M | — | -1509.7% |
| Gross Margin | 46.2% | — | 49.9% | — | -3.7pp |
| Net Margin | -73.7% | — | -0.3% | — | -73.4pp |
| EPS (Diluted) | $-30.54 | — | $-0.15 | — | -20260.0% |
| Free Cash Flow | -$112M | — | $71M | — | -258.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $219M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $767M |
| Other Expenses | $2.3B |
| Operating Expenses | $3.2B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | -$2.0B |
| Interest Income | $0 |
| Interest Expense | $188M |
| Other Income/Expenses | -$171M |
| INCOME BEFORE TAX | -$2.1B |
| Income Tax Expense | -$80M |
| Net Income from Continuing Ops | -$2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.1B |
| D&A | $453M |
| EBIT | -$1.9B |
| EBITDA | -$1.5B |
| EPS | -$31 |
| EPS Diluted | -$31 |
| Item | Amount |
|---|---|
| Net Income | -$2.1B |
| Depreciation & Amortization | $453M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | -$99M |
| Other Non-Cash Items | $1.9B |
| Change in Working Capital | -$159M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$195M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$150M |
| Net Debt Issuance | $53M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$112M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $451M |
| Inventory | $534M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.5B |
| Goodwill | $650M |
| Intangible Assets | $2.7B |
| Long-Term Investments | $22M |
| Tax Assets | $0 |
| Other Non-Current Assets | $249M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $246M |
| Short-Term Debt | $342M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $999M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $77M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $136M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.7B |
| Net Debt | $2.6B |
