| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $246M | $212M | 2.1% | 18.4% |
| Op. Income | $40M | $64M | $79M | -37.8% | -49.9% |
| Gross Margin | 61.3% | 62.2% | 85.0% | -0.8pp | -23.7pp |
| Net Margin | 12.1% | 19.5% | 28.9% | -7.4pp | -16.8pp |
| EPS (Diluted) | $0.72 | $1.17 | $1.50 | -38.5% | -52.0% |
| Free Cash Flow | $22M | $143M | $60M | -84.8% | -63.8% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $58M |
| SG&A Expenses | $60M |
| Other Expenses | $54M |
| Operating Expenses | $114M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $40M |
| Interest Income | $210M |
| Interest Expense | $95M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $8M |
| EBIT | $40M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $58M |
| SG&A Expenses | $60M |
| Other Expenses | $54M |
| Operating Expenses | $114M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $40M |
| Interest Income | $210M |
| Interest Expense | $95M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $8M |
| EBIT | $40M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$115.0K |
| Sales/Maturities of Investments | $150M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | $99M |
| Net Debt Issuance | -$27.0K |
| Common Stock Repurchased | -$234.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $253M |
| NET CASH FROM FINANCING | $224M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $349M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $2.4B |
| Net Receivables | $141M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $281M |
| Goodwill | $32M |
| Intangible Assets | $21M |
| Long-Term Investments | $19.1B |
| Tax Assets | $184M |
| Other Non-Current Assets | $582M |
| TOTAL NON-CURRENT ASSETS | $20.2B |
| TOTAL ASSETS | $23.7B |
| Account Payables | $41M |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.1B |
| TOTAL CURRENT LIABILITIES | $21.2B |
| Long-Term Debt | $550M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $418M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $22.3B |
| Common Stock | $583.0K |
| Additional Paid-In Capital | $636M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$397M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $23.7B |
| Total Debt | $805M |
| Net Debt | -$196M |
