| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $135M | $111M | -12.7% | 6.4% |
| Op. Income | $42M | $59M | $33M | -28.5% | 27.4% |
| Gross Margin | 89.4% | 91.0% | 87.7% | -1.6pp | 1.7pp |
| Net Margin | 34.4% | 35.4% | 27.6% | -1.0pp | 6.8pp |
| EPS (Diluted) | $0.20 | $0.24 | $0.14 | -16.7% | 42.9% |
| Free Cash Flow | $62M | $49M | $46M | 27.9% | 36.6% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $105M |
| R&D Expenses | $20M |
| Selling & Marketing | $34M |
| General & Administrative | $10M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $42M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $3M |
| EBIT | $42M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $105M |
| R&D Expenses | $20M |
| Selling & Marketing | $34M |
| General & Administrative | $10M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $42M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $3M |
| EBIT | $42M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$192M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $666M |
| Net Receivables | $101M |
| Inventory | $0 |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $913M |
| PP&E (Net) | $25M |
| Goodwill | $68M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $45M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $166M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $99M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $147M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $211.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $178M |
| Common Stock | $187.0K |
| Additional Paid-In Capital | $824M |
| Retained Earnings | $80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $901M |
| Minority Interest | $0 |
| TOTAL EQUITY | $901M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $15M |
| Net Debt | -$82M |
