| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $81M | $80M | 3.3% | 4.0% |
| Op. Income | $19M | $17M | $27M | 9.4% | -28.8% |
| Gross Margin | 67.0% | 68.7% | 88.2% | -1.7pp | -21.2pp |
| Net Margin | 17.8% | 16.2% | 25.1% | 1.5pp | -7.3pp |
| EPS (Diluted) | $0.55 | $0.49 | $0.74 | 12.2% | -25.7% |
| Free Cash Flow | $20M | $33M | $29M | -38.7% | -30.5% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $22M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $37M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $19M |
| Interest Income | $74M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $19M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $22M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $37M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $19M |
| Interest Income | $74M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $19M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $432.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$531.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $74M |
| NET CASH FROM INVESTING | $96M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $522M |
| Short-Term Investments | $647M |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $6.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $266M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $156M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $272M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $405M |
| Additional Paid-In Capital | $103M |
| Retained Earnings | $118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$123M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $504M |
| Minority Interest | $0 |
| TOTAL EQUITY | $504M |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $187M |
| Net Debt | -$336M |
