| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $160M | $146M | 0.5% | 9.8% |
| Op. Income | $56M | $60M | $71M | -7.3% | -20.8% |
| Gross Margin | 72.2% | 72.8% | 85.5% | -0.6pp | -13.3pp |
| Net Margin | 28.6% | 31.0% | 40.1% | -2.4pp | -11.5pp |
| EPS (Diluted) | $0.32 | $0.35 | $0.41 | -8.6% | -22.0% |
| Free Cash Flow | $55M | $69M | $66M | -20.1% | -16.5% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $489.0K |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $20M |
| Operating Expenses | $60M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $56M |
| Interest Income | $143M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $3M |
| EBIT | $56M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $489.0K |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $20M |
| Operating Expenses | $60M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $56M |
| Interest Income | $143M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $3M |
| EBIT | $56M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.0B |
| Sales/Maturities of Investments | $4.2B |
| Other Investing Activities | -$155M |
| NET CASH FROM INVESTING | $40M |
| Net Debt Issuance | -$347M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $422M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $148M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $537M |
| Short-Term Investments | $4.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $152M |
| Goodwill | $0 |
| Intangible Assets | $315M |
| Long-Term Investments | $7.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $296M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $0 |
| Short-Term Debt | $383M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.1B |
| TOTAL CURRENT LIABILITIES | $11.5B |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $85M |
| TOTAL LIABILITIES | $11.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $681M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$403M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $404M |
| Net Debt | -$133M |
