| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $226M | — | $208M | — | 8.7% |
| Op. Income | $26M | — | $14M | — | 77.4% |
| Gross Margin | 64.1% | — | 61.8% | — | 2.3pp |
| Net Margin | 13.8% | — | 8.7% | — | 5.1pp |
| EPS (Diluted) | $0.58 | — | $0.34 | — | 70.6% |
| Free Cash Flow | $37M | — | $34M | — | 10.0% |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $145M |
| R&D Expenses | $61M |
| Selling & Marketing | $26M |
| General & Administrative | $24M |
| SG&A Expenses | $50M |
| Other Expenses | $8M |
| Operating Expenses | $119M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $26M |
| Interest Income | $9M |
| Interest Expense | $828.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $11M |
| EBIT | $40M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $226M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $145M |
| R&D Expenses | $61M |
| Selling & Marketing | $26M |
| General & Administrative | $24M |
| SG&A Expenses | $50M |
| Other Expenses | $8M |
| Operating Expenses | $119M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $26M |
| Interest Income | $9M |
| Interest Expense | $828.0K |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $11M |
| EBIT | $40M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $200.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$763.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$24.0K |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $697M |
| Short-Term Investments | $0 |
| Net Receivables | $131M |
| Inventory | $96M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $957M |
| PP&E (Net) | $78M |
| Goodwill | $154M |
| Intangible Assets | $79M |
| Long-Term Investments | $0 |
| Tax Assets | $132M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $483M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $175M |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $539M |
| TOTAL LIABILITIES | $715M |
| Common Stock | $519.0K |
| Additional Paid-In Capital | $532M |
| Retained Earnings | $266M |
| Treasury Stock | -$111M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $689M |
| Minority Interest | $36M |
| TOTAL EQUITY | $725M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $526M |
| Net Debt | -$171M |
