| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $210M | $177M | -9.3% | 7.1% |
| Op. Income | $51M | $53M | $46M | -2.8% | 11.0% |
| Gross Margin | 31.3% | 35.3% | 22.0% | -4.0pp | 9.3pp |
| Net Margin | 27.1% | 25.3% | 26.1% | 1.8pp | 0.9pp |
| EPS (Diluted) | $1.40 | $1.44 | $1.27 | -2.8% | 10.2% |
| Free Cash Flow | -$306M | -$624M | $25M | 51.0% | -1345.5% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $987.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | -$22M |
| Operating Expenses | $8M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $51M |
| Interest Income | $197M |
| Interest Expense | $130M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $1M |
| EBIT | $51M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $987.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | -$22M |
| Operating Expenses | $8M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $51M |
| Interest Income | $197M |
| Interest Expense | $130M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $1M |
| EBIT | $51M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$362M |
| OPERATING CASH FLOW | -$305M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$888.0K |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $884M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$360M |
| NET CASH FROM FINANCING | $506M |
| FREE CASH FLOW | -$306M |
| Net Change in Cash | $212M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $99M |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.4B |
| TOTAL NON-CURRENT ASSETS | $9.7B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $93M |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $392M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $10.5B |
| Common Stock | $280M |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $792M |
| Treasury Stock | -$106M |
| Accum. Other Comp. Income | $246M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $4.6B |
| Net Debt | $2.6B |
