| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $845M | — | $792M | — | 6.6% |
| Op. Income | -$1.8B | — | -$769M | — | -139.8% |
| Gross Margin | 23.4% | — | 18.6% | — | 4.8pp |
| Net Margin | -231.6% | — | -75.9% | — | -155.8pp |
| EPS (Diluted) | $-31.70 | — | $-9.94 | — | -218.9% |
| Free Cash Flow | -$17M | — | -$266M | — | 93.5% |
| Item | Amount |
|---|---|
| REVENUE | $845M |
| Cost of Revenue | $647M |
| GROSS PROFIT | $198M |
| R&D Expenses | $918.6K |
| Selling & Marketing | $89M |
| General & Administrative | $223M |
| SG&A Expenses | $311M |
| Other Expenses | $1.7B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | -$1.8B |
| Interest Income | $44M |
| Interest Expense | $63M |
| Other Income/Expenses | -$108M |
| INCOME BEFORE TAX | -$2.0B |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.0B |
| D&A | $175M |
| EBIT | -$1.9B |
| EBITDA | -$1.7B |
| EPS | -$32 |
| EPS Diluted | -$32 |
| Item | Amount |
|---|---|
| Net Income | -$2.0B |
| Depreciation & Amortization | $175M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$43M |
| Other Non-Cash Items | $1.8B |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$326M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$384M |
| Net Debt Issuance | -$77M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$282M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $278M |
| Short-Term Investments | $326M |
| Net Receivables | $116M |
| Inventory | $270M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $587M |
| Goodwill | $2.7B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $156M |
| Tax Assets | $122M |
| Other Non-Current Assets | $299.0K |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $95M |
| Short-Term Debt | $302M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $140M |
| TOTAL CURRENT LIABILITIES | $583M |
| Long-Term Debt | $482M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $347M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $855M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $88.9K |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | -$3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $19M |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $795M |
| Net Debt | $517M |
