| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $901M | — | $3.0B | — | -69.7% |
| Op. Income | -$1.7B | — | $40M | — | -4348.9% |
| Gross Margin | -97.3% | — | 23.6% | — | -121.0pp |
| Net Margin | -200.4% | — | 1.2% | — | -201.5pp |
| EPS (Diluted) | $-31.64 | — | $0.60 | — | -5373.3% |
| Free Cash Flow | -$421M | — | -$351M | — | -20.2% |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | -$877M |
| R&D Expenses | $277M |
| Selling & Marketing | $147M |
| General & Administrative | $147M |
| SG&A Expenses | $294M |
| Other Expenses | $260M |
| Operating Expenses | $831M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | -$1.7B |
| Interest Income | $34M |
| Interest Expense | $19M |
| Other Income/Expenses | -$23.0K |
| INCOME BEFORE TAX | -$1.7B |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | -$1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2M |
| NET INCOME | -$1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.8B |
| D&A | $60M |
| EBIT | -$1.7B |
| EBITDA | -$1.6B |
| EPS | -$32 |
| EPS Diluted | -$32 |
| Item | Amount |
|---|---|
| Net Income | -$1.8B |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $137M |
| Deferred Income Tax | $79M |
| Other Non-Cash Items | $993M |
| Change in Working Capital | $224M |
| OPERATING CASH FLOW | -$313M |
| Capital Expenditure | -$108M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$279M |
| Sales/Maturities of Investments | $834M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | $416M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | -$421M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $311M |
| Net Receivables | $342M |
| Inventory | $646M |
| Other Current Assets | $435M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $385M |
| Goodwill | $48M |
| Intangible Assets | $10M |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $596M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $93M |
| Short-Term Debt | $346M |
| Deferred Revenue | $141M |
| Other Current Liabilities | $144M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $330M |
| Deferred Revenue NC | $231M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $301M |
| TOTAL NON-CURRENT LIABILITIES | $931M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.0B |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $658M |
| Minority Interest | $0 |
| TOTAL EQUITY | $658M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $757M |
| Net Debt | $483M |
