| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $169M | $178M | -14.7% | -18.9% |
| Op. Income | $68M | $68M | $75M | 0.6% | -8.8% |
| Gross Margin | 76.3% | 69.7% | 79.7% | 6.7pp | -3.3pp |
| Net Margin | 35.2% | 30.2% | 27.2% | 5.0pp | 8.0pp |
| EPS (Diluted) | $0.36 | $0.37 | $0.35 | -2.7% | 2.9% |
| Free Cash Flow | $73M | $70M | $47M | 3.7% | 54.7% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $7M |
| Operating Expenses | $42M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $68M |
| Interest Income | $147M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $4M |
| EBIT | $68M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $7M |
| Operating Expenses | $42M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $68M |
| Interest Income | $147M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $4M |
| EBIT | $68M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $520.0K |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$401M |
| Sales/Maturities of Investments | $290M |
| Other Investing Activities | $74M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$133M |
| Common Stock Repurchased | -$193.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$124M |
| NET CASH FROM FINANCING | -$284M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | -$249M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $64M |
| Net Receivables | $283M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $565M |
| PP&E (Net) | $75M |
| Goodwill | $766M |
| Intangible Assets | $10M |
| Long-Term Investments | $13.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $369M |
| TOTAL NON-CURRENT ASSETS | $14.6B |
| TOTAL ASSETS | $15.2B |
| Account Payables | $5M |
| Short-Term Debt | $762M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.9B |
| TOTAL CURRENT LIABILITIES | $12.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $252M |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $13.0B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$312M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $15.2B |
| Total Debt | $762M |
| Net Debt | $557M |
