| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $48M | $39M | 3.9% | 27.7% |
| Op. Income | $12M | $11M | $10M | 5.2% | 26.3% |
| Gross Margin | 68.9% | 72.4% | 79.1% | -3.4pp | -10.2pp |
| Net Margin | 19.7% | 18.8% | 19.6% | 0.9pp | 0.1pp |
| EPS (Diluted) | $1.23 | $1.13 | $0.97 | 8.8% | 26.8% |
| Free Cash Flow | $12M | $23M | $20M | -45.3% | -38.5% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $277.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $12M |
| Interest Income | $44M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $12M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $277.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $12M |
| Interest Income | $44M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $12M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $402.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$276.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$223.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $68M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $104M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $208M |
| PP&E (Net) | $37M |
| Goodwill | $4M |
| Intangible Assets | $35M |
| Long-Term Investments | $2.6B |
| Tax Assets | $7M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $53M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $78.0K |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $230M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $264M |
| Minority Interest | $0 |
| TOTAL EQUITY | $264M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $60M |
| Net Debt | -$30M |
