| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | — | $1.1B | — | 57.9% |
| Op. Income | -$2.1B | — | -$1.6B | — | -32.0% |
| Gross Margin | -57.4% | — | -49.2% | — | -8.3pp |
| Net Margin | -175.5% | — | -215.8% | — | 40.3pp |
| EPS (Diluted) | $-1.26 | — | $-0.95 | — | -33.0% |
| Free Cash Flow | -$1.8B | — | -$3.0B | — | 40.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | -$965M |
| R&D Expenses | $383M |
| Selling & Marketing | $305M |
| General & Administrative | $340M |
| SG&A Expenses | $645M |
| Other Expenses | $122M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | -$2.1B |
| Interest Income | $24M |
| Interest Expense | $598M |
| Other Income/Expenses | -$839M |
| INCOME BEFORE TAX | -$3.0B |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.0B |
| D&A | $377M |
| EBIT | -$2.1B |
| EBITDA | -$1.7B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3.0B |
| Depreciation & Amortization | $377M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | $113M |
| OPERATING CASH FLOW | -$1.2B |
| Capital Expenditure | -$637M |
| Acquisitions (Net) | -$391.4K |
| Purchases of Investments | -$121M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $147M |
| NET CASH FROM INVESTING | -$612M |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | -$1.8B |
| Net Change in Cash | $93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $31M |
| Net Receivables | $741M |
| Inventory | $1.1B |
| Other Current Assets | $145M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $3.2B |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $80M |
| Tax Assets | $0 |
| Other Non-Current Assets | $157M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $794M |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $141M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $104M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $947M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $377M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | -$10.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6.3B |
| Minority Interest | $2.7B |
| TOTAL EQUITY | -$3.6B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $5.6B |
| Net Debt | $5.5B |
