The company already saw an 18% drop in the past quarter.
The new revenue figure represents a significant increase from $15,635 earned in December 2022.
Despite the significant losses, the company believes that the Reality Labs division deserves ongoing and potentially increased investment and says that it remains its top priority.
The third quarter of Sony's fiscal year 2022 saw growth in PS5 shipments as well as an increase in the operating income of the company's gaming division.
The project's developers have been reassigned or laid off.
The company is pleased with the "strong" launch of games released during the holiday season but notes that the performance of Apex Legends didn't meet its expectations.
The company dissuaded the rumor that it reduced the production of PlayStation VR2 based on lower-than-expected pre-orders.
Although the company's revenues were down compared to the previous year, its game sales were on the rise.
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