| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $129M | $111M | 10.2% | 28.3% |
| Op. Income | $63M | $51M | $42M | 23.4% | 50.7% |
| Gross Margin | 84.7% | 85.0% | 85.7% | -0.3pp | -1.0pp |
| Net Margin | 39.4% | 34.1% | 31.5% | 5.3pp | 7.9pp |
| EPS (Diluted) | $0.44 | $0.35 | $0.31 | 25.7% | 41.9% |
| Free Cash Flow | $71M | $73M | $53M | -2.5% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $120M |
| R&D Expenses | $4M |
| Selling & Marketing | $31M |
| General & Administrative | $14M |
| SG&A Expenses | $44M |
| Other Expenses | $9M |
| Operating Expenses | $57M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $63M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $9M |
| EBIT | $63M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $120M |
| R&D Expenses | $4M |
| Selling & Marketing | $31M |
| General & Administrative | $14M |
| SG&A Expenses | $44M |
| Other Expenses | $9M |
| Operating Expenses | $57M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $63M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $9M |
| EBIT | $63M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$88.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$88.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $518M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $20M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $624M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $157M |
| Long-Term Investments | $22M |
| Tax Assets | $46M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $228M |
| TOTAL ASSETS | $851M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $315.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $124M |
| Common Stock | $121.0K |
| Additional Paid-In Capital | $442M |
| Retained Earnings | $285M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $64.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $728M |
| Minority Interest | $0 |
| TOTAL EQUITY | $728M |
| TOTAL LIABILITIES & EQUITY | $851M |
| Total Debt | $3M |
| Net Debt | -$514M |
