| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $0 | $6.0K | — | 3333233.3% |
| Op. Income | $70M | -$132M | -$132M | 152.6% | 152.9% |
| Gross Margin | 90.0% | — | -113616.7% | — | 113706.7pp |
| Net Margin | 44.7% | — | -1842916.7% | — | 1842961.3pp |
| EPS (Diluted) | $1.10 | $-1.41 | $-1.41 | 178.0% | 178.0% |
| Free Cash Flow | -$97M | -$42M | -$120M | -130.6% | 19.0% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $180M |
| R&D Expenses | $95M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$1M |
| Operating Expenses | $110M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $233.0K |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $5M |
| EBIT | $70M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $180M |
| R&D Expenses | $95M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$1M |
| Operating Expenses | $110M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $233.0K |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $5M |
| EBIT | $70M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$204M |
| OPERATING CASH FLOW | -$96M |
| Capital Expenditure | -$738.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$368M |
| Sales/Maturities of Investments | $287M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $39M |
| FREE CASH FLOW | -$97M |
| Net Change in Cash | -$138M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $389M |
| Short-Term Investments | $1.3B |
| Net Receivables | $200M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $306M |
| Goodwill | $0 |
| Intangible Assets | $16.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $321M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $38M |
| Short-Term Debt | $16M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $958.0K |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $347M |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$1000M |
| Treasury Stock | -$62.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $239M |
| Net Debt | -$151M |
