| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | — | — | — | — |
| Op. Income | $179M | — | — | — | — |
| Gross Margin | 23.2% | — | — | — | — |
| Net Margin | -5.7% | — | — | — | — |
| EPS (Diluted) | $-0.09 | — | — | — | — |
| Free Cash Flow | -$459M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $510M |
| R&D Expenses | $0 |
| Selling & Marketing | $211M |
| General & Administrative | $45M |
| SG&A Expenses | $255M |
| Other Expenses | $76M |
| Operating Expenses | $331M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $179M |
| Interest Income | $3M |
| Interest Expense | $225M |
| Other Income/Expenses | -$373M |
| INCOME BEFORE TAX | -$194M |
| Income Tax Expense | -$47M |
| Net Income from Continuing Ops | -$147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$125M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$125M |
| D&A | $201M |
| EBIT | $31M |
| EBITDA | $232M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$125M |
| Depreciation & Amortization | $201M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$85M |
| Other Non-Cash Items | -$97M |
| Change in Working Capital | -$127M |
| OPERATING CASH FLOW | -$232M |
| Capital Expenditure | -$227M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$238M |
| Net Debt Issuance | -$233M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$245M |
| FREE CASH FLOW | -$459M |
| Net Change in Cash | -$710M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0B |
| Short-Term Investments | $194M |
| Net Receivables | $857M |
| Inventory | $2.0B |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $6.2B |
| Goodwill | $831M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $1.2B |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $20.1B |
| Account Payables | $2.0B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $841M |
| Other Current Liabilities | $180M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $9.6B |
| Deferred Revenue NC | $1.8B |
| Deferred Tax Liabilities | $360M |
| Other Non-Current Liabilities | $517M |
| TOTAL NON-CURRENT LIABILITIES | $12.4B |
| TOTAL LIABILITIES | $16.8B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $573M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $640M |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $20.1B |
| Total Debt | $10.9B |
| Net Debt | $6.9B |
