| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $102M | $78M | 8.5% | 42.2% |
| Op. Income | $22M | $20M | $24M | 5.7% | -8.6% |
| Gross Margin | 70.1% | 64.7% | 79.6% | 5.4pp | -9.5pp |
| Net Margin | 16.4% | 14.9% | 26.6% | 1.5pp | -10.2pp |
| EPS (Diluted) | $0.76 | $0.68 | $1.00 | 11.8% | -24.0% |
| Free Cash Flow | $28M | $4M | $10M | 556.8% | 171.0% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $679.0K |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $24M |
| Operating Expenses | $56M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $22M |
| Interest Income | $90M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $679.0K |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $24M |
| Operating Expenses | $56M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $22M |
| Interest Income | $90M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $443.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$618.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$399.0K |
| Sales/Maturities of Investments | $103M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | -$101M |
| Common Stock Repurchased | -$460.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$224M |
| NET CASH FROM FINANCING | -$331M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$240M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $1.2B |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $116M |
| Goodwill | $196M |
| Intangible Assets | $68M |
| Long-Term Investments | $5.5B |
| Tax Assets | $70M |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $5M |
| Short-Term Debt | $214M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $395M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $451M |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $100M |
| Additional Paid-In Capital | $509M |
| Retained Earnings | $339M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$136M |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $793M |
| Minority Interest | $0 |
| TOTAL EQUITY | $793M |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $623M |
| Net Debt | $487M |
