| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $144M | $130M | 3.3% | 14.9% |
| Op. Income | $106M | $100M | $91M | 5.8% | 16.9% |
| Gross Margin | 73.6% | 71.8% | 72.8% | 1.8pp | 0.8pp |
| Net Margin | 42.5% | 33.9% | 29.8% | 8.7pp | 12.8pp |
| EPS (Diluted) | $1.35 | $1.07 | $0.89 | 26.2% | 51.7% |
| Free Cash Flow | $29M | $108M | $30M | -73.1% | -3.5% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $146.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $106M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $29M |
| EBIT | $61M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $146.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $106M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $29M |
| EBIT | $61M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $197.0K |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$180M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$181M |
| Net Debt Issuance | -$22.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$59M |
| Other Financing Activities | -$21.0K |
| NET CASH FROM FINANCING | $182M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $745.0K |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $3M |
| Goodwill | $990.0K |
| Intangible Assets | $20M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $15M |
| Short-Term Debt | -$2M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$366M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $307.0K |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
