| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $182M | $165M | 4.5% | 15.2% |
| Op. Income | $36M | $23M | $48M | 55.2% | -25.5% |
| Gross Margin | 61.1% | 58.3% | 77.8% | 2.7pp | -16.7pp |
| Net Margin | 15.4% | 10.5% | 23.1% | 4.9pp | -7.7pp |
| EPS (Diluted) | $0.63 | $0.41 | $0.81 | 53.7% | -22.2% |
| Free Cash Flow | $71M | $26M | $41M | 170.8% | 72.0% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $48M |
| SG&A Expenses | $50M |
| Other Expenses | $30M |
| Operating Expenses | $80M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $36M |
| Interest Income | $175M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $48M |
| SG&A Expenses | $50M |
| Other Expenses | $30M |
| Operating Expenses | $80M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $36M |
| Interest Income | $175M |
| Interest Expense | $74M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$505.0K |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$119M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | -$117M |
| NET CASH FROM INVESTING | -$176M |
| Net Debt Issuance | $130M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $728M |
| Short-Term Investments | $978M |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $210M |
| Goodwill | $243M |
| Intangible Assets | $173M |
| Long-Term Investments | $9.9B |
| Tax Assets | $32M |
| Other Non-Current Assets | $252M |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $19M |
| Short-Term Debt | $109M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $292M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $455M |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $47M |
| Additional Paid-In Capital | $864M |
| Retained Earnings | $678M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$135M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $93.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $468M |
| Net Debt | -$259M |
