| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $213M | $205M | $184M | 3.9% | 15.6% |
| Op. Income | $60M | $65M | $70M | -7.4% | -13.9% |
| Gross Margin | 70.7% | 71.6% | 84.1% | -0.9pp | -13.5pp |
| Net Margin | 23.0% | 24.9% | 31.1% | -1.9pp | -8.0pp |
| EPS (Diluted) | $1.46 | $1.52 | $1.71 | -3.9% | -14.6% |
| Free Cash Flow | $38M | $56M | $42M | -32.7% | -10.3% |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $52M |
| SG&A Expenses | $55M |
| Other Expenses | $35M |
| Operating Expenses | $90M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $60M |
| Interest Income | $167M |
| Interest Expense | $62M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $5M |
| EBIT | $60M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $52M |
| SG&A Expenses | $55M |
| Other Expenses | $35M |
| Operating Expenses | $90M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $60M |
| Interest Income | $167M |
| Interest Expense | $62M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $5M |
| EBIT | $60M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $922.0K |
| Deferred Income Tax | -$749.0K |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$283M |
| Sales/Maturities of Investments | $328M |
| Other Investing Activities | -$174M |
| NET CASH FROM INVESTING | -$134M |
| Net Debt Issuance | -$625.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $166M |
| NET CASH FROM FINANCING | $152M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $279M |
| Goodwill | $182M |
| Intangible Assets | $17M |
| Long-Term Investments | $7.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $379M |
| TOTAL NON-CURRENT ASSETS | $8.4B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.7B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $86M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $235M |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $33M |
| Additional Paid-In Capital | $175M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $89M |
| Net Debt | -$2.3B |
