Balance Sheet: Total assets declined 64% YoY to $26B, with equity eroded to $14.5B. Current ratio (1.58) and quick ratio (1.25) suggest moderate liquidity, but negative operating cash flow (-$13.2B) and free cash flow (-$13.2B) highlight severe cash burn. Zero long-term debt reduces solvency risk, but negative interest coverage ratios underscore operational distress.
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