| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.9B | — | $12.0B | — | -1.3% |
| Op. Income | -$461M | — | -$813M | — | 43.3% |
| Gross Margin | 30.2% | — | 30.6% | — | -0.4pp |
| Net Margin | -4.2% | — | -6.1% | — | 2.0pp |
| EPS (Diluted) | $-4.00 | — | $-6.47 | — | 38.2% |
| Free Cash Flow | $83M | — | -$2M | — | 4250.0% |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $257M |
| Selling & Marketing | $1.9B |
| General & Administrative | $2.0B |
| SG&A Expenses | $3.9B |
| Other Expenses | -$141M |
| Operating Expenses | $4.0B |
| Cost & Expenses | $12.3B |
| OPERATING INCOME | -$461M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$482M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$492M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$492M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$492M |
| D&A | $387M |
| EBIT | -$453M |
| EBITDA | -$66M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$492M |
| Depreciation & Amortization | $387M |
| Stock-Based Compensation | $395M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$234M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $39M |
| Other Investing Activities | -$161M |
| NET CASH FROM INVESTING | -$262M |
| Net Debt Issuance | -$72M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $56M |
| Net Receivables | $290M |
| Inventory | $76M |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.5B |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $1.2B |
| Short-Term Debt | $236M |
| Deferred Revenue | $212M |
| Other Current Liabilities | $228M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.8B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $4.2B |
| Net Debt | $2.9B |
