| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | $97M | $84M | 31.7% | 52.5% |
| Op. Income | $12M | $13M | $16M | -9.2% | -23.7% |
| Gross Margin | 30.1% | 45.0% | 46.1% | -14.9pp | -16.0pp |
| Net Margin | 7.0% | 10.6% | 15.7% | -3.5pp | -8.6pp |
| EPS (Diluted) | $0.66 | $0.75 | $0.96 | -12.0% | -31.2% |
| Free Cash Flow | $48M | $63M | $25M | -23.7% | 92.9% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $8M |
| Operating Expenses | $27M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $12M |
| Interest Income | $88M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $765.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $8M |
| Operating Expenses | $27M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $12M |
| Interest Income | $88M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $765.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $765.0K |
| Stock-Based Compensation | $874.0K |
| Deferred Income Tax | $411.0K |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$104M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $71M |
| NET CASH FROM FINANCING | $71M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $483M |
| Short-Term Investments | $100M |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $615M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.1B |
| Tax Assets | $4M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $130M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $165M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$469.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $54M |
| Net Debt | -$429M |
