| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.8B | — | $6.9B | — | 28.7% |
| Op. Income | -$262M | — | -$482M | — | 45.6% |
| Gross Margin | 40.4% | — | 41.3% | — | -0.9pp |
| Net Margin | -1.8% | — | -86.6% | — | 84.8pp |
| EPS (Diluted) | $-0.08 | — | $-3.03 | — | 97.4% |
| Free Cash Flow | $549M | — | -$47M | — | 1268.1% |
| Item | Amount |
|---|---|
| REVENUE | $8.8B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $775M |
| Selling & Marketing | $1.3B |
| General & Administrative | $942M |
| SG&A Expenses | $2.2B |
| Other Expenses | $847M |
| Operating Expenses | $3.8B |
| Cost & Expenses | $9.1B |
| OPERATING INCOME | -$262M |
| Interest Income | $87M |
| Interest Expense | $168M |
| Other Income/Expenses | $160M |
| INCOME BEFORE TAX | -$102M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | -$157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$157M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$157M |
| D&A | $207M |
| EBIT | $30M |
| EBITDA | $237M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$157M |
| Depreciation & Amortization | $207M |
| Stock-Based Compensation | $470M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$182M |
| Change in Working Capital | $258M |
| OPERATING CASH FLOW | $606M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$846M |
| Sales/Maturities of Investments | $500M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$399M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$51M |
| NET CASH FROM FINANCING | -$107M |
| FREE CASH FLOW | $549M |
| Net Change in Cash | $116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.9B |
| Short-Term Investments | $121M |
| Net Receivables | $3.3B |
| Inventory | $0 |
| Other Current Assets | $492M |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $3.5B |
| Goodwill | $8.2B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $9.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $554M |
| TOTAL NON-CURRENT ASSETS | $23.3B |
| TOTAL ASSETS | $32.5B |
| Account Payables | $712M |
| Short-Term Debt | $370M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $15.1B |
| TOTAL LIABILITIES | $23.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $41.0B |
| Retained Earnings | -$32.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$598M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $8.7B |
| TOTAL LIABILITIES & EQUITY | $32.5B |
| Total Debt | $11.3B |
| Net Debt | $6.3B |
