| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $292M | $278M | $240M | 5.2% | 21.6% |
| Op. Income | $63M | $76M | $103M | -18.1% | -39.4% |
| Gross Margin | 67.6% | 67.5% | 86.8% | 0.1pp | -19.2pp |
| Net Margin | 16.3% | 21.0% | 33.2% | -4.7pp | -16.9pp |
| EPS (Diluted) | $0.37 | $0.46 | $0.62 | -19.6% | -40.3% |
| Free Cash Flow | $34M | $22M | $106M | 51.6% | -68.5% |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $56M |
| SG&A Expenses | $57M |
| Other Expenses | $77M |
| Operating Expenses | $135M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $63M |
| Interest Income | $241M |
| Interest Expense | $89M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $10M |
| EBIT | $63M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $56M |
| SG&A Expenses | $57M |
| Other Expenses | $77M |
| Operating Expenses | $135M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $63M |
| Interest Income | $241M |
| Interest Expense | $89M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $10M |
| EBIT | $63M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$334.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $697M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | $697M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$179M |
| NET CASH FROM FINANCING | -$212M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $526M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $2.3B |
| Net Receivables | $462M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $281M |
| Goodwill | $995M |
| Intangible Assets | $6M |
| Long-Term Investments | $17.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $20.5B |
| TOTAL ASSETS | $25.0B |
| Account Payables | $0 |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.2B |
| TOTAL CURRENT LIABILITIES | $21.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $608M |
| TOTAL NON-CURRENT LIABILITIES | $608M |
| TOTAL LIABILITIES | $22.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $838M |
| Treasury Stock | -$371M |
| Accum. Other Comp. Income | -$530M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $25.0B |
| Total Debt | $500M |
| Net Debt | -$1.2B |
