| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | $295M | $243M | -7.0% | 13.0% |
| Op. Income | $85M | $109M | $107M | -22.1% | -20.3% |
| Gross Margin | 68.1% | 74.9% | 82.4% | -6.8pp | -14.3pp |
| Net Margin | 29.0% | 27.8% | 30.1% | 1.2pp | -1.2pp |
| EPS (Diluted) | $0.46 | $0.46 | $0.40 | 0.0% | 15.0% |
| Free Cash Flow | $77M | $114M | $101M | -32.6% | -24.0% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $64M |
| SG&A Expenses | $71M |
| Other Expenses | $31M |
| Operating Expenses | $102M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $85M |
| Interest Income | $265M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $7M |
| EBIT | $84M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $64M |
| SG&A Expenses | $71M |
| Other Expenses | $31M |
| Operating Expenses | $102M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $85M |
| Interest Income | $265M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $7M |
| EBIT | $84M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $566.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | -$254M |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $195M |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $662M |
| Short-Term Investments | $5.2B |
| Net Receivables | $78M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $142M |
| Goodwill | $39M |
| Intangible Assets | $13M |
| Long-Term Investments | $12.3B |
| Tax Assets | $150M |
| Other Non-Current Assets | $262M |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $18.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.6B |
| TOTAL CURRENT LIABILITIES | $16.6B |
| Long-Term Debt | $662M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $194M |
| TOTAL NON-CURRENT LIABILITIES | $856M |
| TOTAL LIABILITIES | $17.4B |
| Common Stock | $22M |
| Additional Paid-In Capital | $966M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$697M |
| Accum. Other Comp. Income | -$440M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $18.9B |
| Total Debt | $662M |
| Net Debt | -$525.0K |
