| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $116M | $125M | 28.3% | 19.4% |
| Op. Income | $81M | $36M | $24M | 127.7% | 234.1% |
| Gross Margin | 67.7% | 65.6% | 19.8% | 2.0pp | 47.8pp |
| Net Margin | 29.5% | 5.3% | 14.2% | 24.2pp | 15.3pp |
| EPS (Diluted) | $0.41 | $0.06 | $0.17 | 619.3% | 141.2% |
| Free Cash Flow | $32M | $72M | -$57M | -55.5% | 155.6% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | -$7M |
| General & Administrative | $7M |
| SG&A Expenses | $368.0K |
| Other Expenses | $20M |
| Operating Expenses | $20M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $626.0K |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $20M |
| EBIT | $83M |
| EBITDA | $104M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | -$7M |
| General & Administrative | $7M |
| SG&A Expenses | $368.0K |
| Other Expenses | $20M |
| Operating Expenses | $20M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $626.0K |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $20M |
| EBIT | $83M |
| EBITDA | $104M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $991.0K |
| Deferred Income Tax | -$559.0K |
| Other Non-Cash Items | $635.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $83.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $5M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $228M |
| PP&E (Net) | $552M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $29M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $595M |
| TOTAL ASSETS | $823M |
| Account Payables | $22M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $344M |
| Common Stock | $12M |
| Additional Paid-In Capital | $357M |
| Retained Earnings | $177M |
| Treasury Stock | -$71M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $479M |
| Minority Interest | $0 |
| TOTAL EQUITY | $479M |
| TOTAL LIABILITIES & EQUITY | $823M |
| Total Debt | $91M |
| Net Debt | -$30M |
