| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $107M | $95M | 14.2% | 28.3% |
| Op. Income | $7M | $12M | $30M | -37.2% | -75.6% |
| Gross Margin | 45.4% | 51.2% | 78.7% | -5.8pp | -33.3pp |
| Net Margin | 5.4% | 8.5% | 23.0% | -3.2pp | -17.6pp |
| EPS (Diluted) | $0.06 | $0.09 | $0.21 | -32.9% | -71.4% |
| Free Cash Flow | -$35M | $41M | $28M | -185.4% | -226.0% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $498.0K |
| General & Administrative | $33M |
| SG&A Expenses | $34M |
| Other Expenses | $14M |
| Operating Expenses | $48M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $7M |
| Interest Income | $109M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $865.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $498.0K |
| General & Administrative | $33M |
| SG&A Expenses | $34M |
| Other Expenses | $14M |
| Operating Expenses | $48M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $7M |
| Interest Income | $109M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $865.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $172M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $144M |
| NET CASH FROM FINANCING | $314M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | $219M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $423M |
| Short-Term Investments | $1.1B |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $84M |
| Goodwill | $111M |
| Intangible Assets | $13M |
| Long-Term Investments | $8.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $658M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $230M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $791M |
| Retained Earnings | $894M |
| Treasury Stock | -$454M |
| Accum. Other Comp. Income | -$159M |
| Other Equity | -$33M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $1.5B |
| Net Debt | $1.1B |
