| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $57M | $53M | 8.8% | 16.3% |
| Op. Income | $29M | $31M | $31M | -5.4% | -7.1% |
| Gross Margin | 94.7% | 90.2% | 95.7% | 4.5pp | -1.0pp |
| Net Margin | 83.8% | 58.5% | 49.2% | 25.3pp | 34.6pp |
| EPS (Diluted) | $0.29 | $0.21 | $0.23 | 38.1% | 23.5% |
| Free Cash Flow | $71M | $64M | $41M | 10.8% | 74.7% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $21M |
| Operating Expenses | $30M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $29M |
| Interest Income | $25M |
| Interest Expense | $5M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $16M |
| EBIT | $57M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $21M |
| Operating Expenses | $30M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $29M |
| Interest Income | $25M |
| Interest Expense | $5M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $16M |
| EBIT | $57M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$682M |
| NET CASH FROM INVESTING | -$686M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | -$50M |
| Other Financing Activities | $497M |
| NET CASH FROM FINANCING | $447M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$163M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $97M |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $368M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $56M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $397M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $397M |
| TOTAL LIABILITIES | $508M |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$533M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $21M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $397M |
| Net Debt | $183M |
