| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $285M | $289M | $246M | -1.1% | 16.1% |
| Op. Income | $71M | $78M | $79M | -8.9% | -10.2% |
| Gross Margin | 66.8% | 69.4% | 82.9% | -2.7pp | -16.2pp |
| Net Margin | 19.9% | 21.8% | 28.1% | -2.0pp | -8.2pp |
| EPS (Diluted) | $0.60 | $0.66 | $0.73 | -9.1% | -17.8% |
| Free Cash Flow | $49M | $86M | $16M | -43.1% | 209.7% |
| Item | Amount |
|---|---|
| REVENUE | $285M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $34M |
| Operating Expenses | $119M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $71M |
| Interest Income | $238M |
| Interest Expense | $85M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $15M |
| EBIT | $71M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $285M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $34M |
| Operating Expenses | $119M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $71M |
| Interest Income | $238M |
| Interest Expense | $85M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $15M |
| EBIT | $71M |
| EBITDA | $87M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $219M |
| Other Investing Activities | -$592M |
| NET CASH FROM INVESTING | -$514M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $445M |
| NET CASH FROM FINANCING | $390M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $3.0B |
| Net Receivables | $462M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $348M |
| Goodwill | $1.0B |
| Intangible Assets | $84M |
| Long-Term Investments | $10.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $13.0B |
| TOTAL ASSETS | $17.5B |
| Account Payables | $0 |
| Short-Term Debt | $938M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.4B |
| TOTAL CURRENT LIABILITIES | $14.3B |
| Long-Term Debt | $343M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $622M |
| TOTAL NON-CURRENT LIABILITIES | $966M |
| TOTAL LIABILITIES | $15.3B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | -$198M |
| Accum. Other Comp. Income | -$310M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $17.5B |
| Total Debt | $1.3B |
| Net Debt | $276M |
