| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $1.6B | — | 275.4% | — |
| Op. Income | $99M | $50M | — | 97.6% | — |
| Gross Margin | 2.2% | 11.0% | — | -8.8pp | — |
| Net Margin | 1.0% | 2.5% | — | -1.5pp | — |
| EPS (Diluted) | $0.72 | $0.47 | — | 53.6% | — |
| Free Cash Flow | $65M | $80M | — | -18.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $130M |
| R&D Expenses | $32M |
| Selling & Marketing | $32M |
| General & Administrative | -$41M |
| SG&A Expenses | -$9M |
| Other Expenses | $9M |
| Operating Expenses | $32M |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $99M |
| Interest Income | $4M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $3M |
| EBIT | $101M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $130M |
| R&D Expenses | $32M |
| Selling & Marketing | $32M |
| General & Administrative | -$41M |
| SG&A Expenses | -$9M |
| Other Expenses | $9M |
| Operating Expenses | $32M |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | $99M |
| Interest Income | $4M |
| Interest Expense | $10M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $3M |
| EBIT | $101M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $32M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$562.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$65M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$812.0K |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $242.0K |
| NET CASH FROM FINANCING | -$874.0K |
| FREE CASH FLOW | $65M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $65M |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | -$2.7B |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $49M |
| Goodwill | $19M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $116M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $306M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $359M |
| Common Stock | $0 |
| Additional Paid-In Capital | $871M |
| Retained Earnings | -$47M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $832M |
| Minority Interest | $0 |
| TOTAL EQUITY | $832M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $48M |
| Net Debt | -$3.5B |
