| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | $183M | $135M | -0.4% | 34.3% |
| Op. Income | $25M | $47M | $32M | -45.8% | -20.2% |
| Gross Margin | 98.4% | 98.4% | 98.6% | -0.1pp | -0.2pp |
| Net Margin | 16.7% | 25.6% | 23.2% | -8.9pp | -6.4pp |
| EPS (Diluted) | $0.26 | $0.41 | $0.28 | -36.6% | -7.1% |
| Free Cash Flow | $59M | $72M | $6M | -18.0% | 905.2% |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $179M |
| R&D Expenses | $70M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $154M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $25M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$357.0K |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $460.0K |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $179M |
| R&D Expenses | $70M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $154M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $25M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$357.0K |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $460.0K |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $460.0K |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$121.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$145M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $256M |
| Net Receivables | $58M |
| Inventory | $12M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $472M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $220M |
| Tax Assets | $131M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $369M |
| TOTAL ASSETS | $841M |
| Account Payables | $15M |
| Short-Term Debt | $829.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $83M |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $832M |
| Retained Earnings | $544M |
| Treasury Stock | -$696M |
| Accum. Other Comp. Income | -$217.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $680M |
| Minority Interest | $0 |
| TOTAL EQUITY | $680M |
| TOTAL LIABILITIES & EQUITY | $841M |
| Total Debt | $7M |
| Net Debt | -$121M |
