| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $567M | $540M | $480M | 5.0% | 18.2% |
| Op. Income | $163M | $136M | $82M | 19.9% | 99.5% |
| Gross Margin | 96.5% | 96.8% | 95.5% | -0.3pp | 1.0pp |
| Net Margin | 24.7% | 21.9% | 17.8% | 2.8pp | 6.8pp |
| EPS (Diluted) | $0.47 | $0.40 | $0.27 | 17.5% | 74.1% |
| Free Cash Flow | $226M | $262M | -$3M | -13.7% | 8925.5% |
| Item | Amount |
|---|---|
| REVENUE | $567M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $547M |
| R&D Expenses | $249M |
| Selling & Marketing | $44M |
| General & Administrative | $91M |
| SG&A Expenses | $134M |
| Other Expenses | $254.0K |
| Operating Expenses | $384M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $163M |
| Interest Income | $21M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $8M |
| EBIT | $163M |
| EBITDA | $171M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $567M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $547M |
| R&D Expenses | $249M |
| Selling & Marketing | $44M |
| General & Administrative | $91M |
| SG&A Expenses | $134M |
| Other Expenses | $254.0K |
| Operating Expenses | $384M |
| Cost & Expenses | $404M |
| OPERATING INCOME | $163M |
| Interest Income | $21M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $8M |
| EBIT | $163M |
| EBITDA | $171M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | $104M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$305M |
| Sales/Maturities of Investments | $226M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$190M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$188M |
| FREE CASH FLOW | $226M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $894M |
| Net Receivables | $265M |
| Inventory | $22M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $359M |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $637M |
| Tax Assets | $420M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $38M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $267M |
| TOTAL CURRENT LIABILITIES | $404M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $300M |
| TOTAL LIABILITIES | $703M |
| Common Stock | $282.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$99M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $191M |
| Net Debt | -$27M |
